Arthroscopes Market: Current Analysis and Forecast (2023-2030)

Arthroscopes are medical instruments that are used to examine and treat conditions inside a joint. They are small, lightweight devices that are inserted through small incisions in the skin, allowing the doctor to view and repair the joint without making a large incision. The market is driven by factors such as the increasing prevalence of joint disorders, the growing number of sports injuries, and the aging population. The demand for minimally invasive procedures, such as arthroscopic surgery, is also increasing as patients seek out quicker and less invasive treatments for joint injuries and conditions.

The Arthroscopes Market is expected to grow at a steady rate of around 8% owing to the increasing prevalence of joint disorders such as osteoarthritis, rheumatoid arthritis, and sports injuries. For instance as per CDC, Among adults aged 45 to 64 years, nearly one-third reported doctor-diagnosed arthritis.

Based on the type, the market is segmented into knee arthroscopy, hip arthroscopy, spine arthroscopy, shoulder & elbow arthroscopy, and others. The knee arthroscopy category dominated in 2022. The knee arthroscopy market is driven by factors such as the increasing prevalence of knee disorders such as osteoarthritis, rheumatoid arthritis, and sports injuries, the aging population, and the growing number of sports injuries. Additionally, advancements in technology are also driving the growth of the knee arthroscopy market, with new and improved arthroscopic instruments and visualization systems being developed.

Based on the end-users, the market has been classified into hospitals, ambulatory surgical centers, and orthopedic clinics. The orthopedic clinics category held a dominating share in 2022. The orthopedic clinics segment is driven by factors such as the increasing prevalence of joint disorders such as osteoarthritis, rheumatoid arthritis, and sports injuries, and the growing number of orthopedic clinics. Additionally, advancements in technology are also driving the growth of the orthopedic clinics segment, as new and improved arthroscopic instruments and visualization systems are being developed.

For a better understanding of the market adoption of the arthroscopes industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. The North America arthroscopes market is a segment of the arthroscopes market that focuses on the sale of arthroscopes in North America. North America is the largest market for arthroscopes, due to the high prevalence of joint disorders, a large number of orthopedic surgeries, and a well-established healthcare system. The North America arthroscopes market is driven by factors such as the increasing prevalence of joint disorders such as osteoarthritis, rheumatoid arthritis, and sports injuries, the aging population, and the growing number of sports injuries. Additionally, advancements in technology are also driving the growth of the North America arthroscopes market, with new and improved arthroscopic instruments and visualization systems being developed.

Some of the major players operating in the market include: Stryker; Smith & Nephew; Johnson & Johnson; Karl Storz; Arthrex; Zimmer Biomet; Intuitive Surgical; Richard Wolf; Medtronic; and Conmed.