Arthroscopy Devices Market to Grow with a CAGR of 5.56% through 2030F

The increasing prevalence of musculoskeletal disorders, a surge in sports-related injuries, and the appeal of minimally invasive techniques are expected to drive the Global Arthroscopy Devices Market growth in the forecast period, 2026-2030

According to TechSci Research report, “Arthroscopy Devices Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Arthroscopy Devices Market stood at USD 6.01 billion in 2024 and is anticipated to grow with a CAGR of 5.56% in the forecast period. This can be attributed to advancements in technology. Continuous advancements in arthroscopic technology have been a game-changer in the field. High-definition cameras, 3D imaging systems, and precision instruments have improved the accuracy of arthroscopic procedures, enhancing surgical outcomes and patient satisfaction. Surgeons now have access to better tools and equipment, making arthroscopy an attractive option for many joint surgeries.

The sustainability is becoming a consideration in the medical device industry, including arthroscopy. Manufacturers are focusing on reducing the environmental footprint of their products, from production to disposal. Sustainable practices are also extending to packaging and materials used in devices.

The COVID-19 pandemic presented an unprecedented public health crisis, significantly impacting the market under consideration. To prioritize essential healthcare resources, directives were issued in mid-March 2020, instructing surgeons to perform only critical surgical procedures. For example, in April 2020, the Journal of Arthroplasty reported that around 30,000 primary and 3,000 revision knee replacement surgeries were being canceled every week during the early part of 2020. These figures underscore the profound effect of COVID-19 on surgeries related to joint disorders. However, dedicated efforts were made by various healthcare authorities, hospitals, and surgeons to restore arthroplasty procedures to pre-pandemic levels. During the pandemic, Enhanced Recovery after Surgery (ERAS) programs were introduced to reduce hospital stays, morbidity, and surgical complications. With the return to regular surgical volumes post-COVID-19, a significant influx of patients occurred due to postponed and canceled surgeries. Thus, changes in surgical protocols have played a role in restoring surgical volumes after the pandemic.

Several factors are driving market growth, including the increasing incidence of sports injuries, a rising geriatric population, and advancements in arthroscopic implant technology. Common sports injuries include fractures, strains, sprains, and dislocations, often treated with rest, ice, compression, and elevation (RICE). However, in cases of severe injuries, arthroscopy may be recommended for diagnosis and treatment. These injuries can affect various body parts and may involve cartilage tears, ligament injuries, joint lining inflammation, or the removal of loose bone or cartilage fragments lodged in a joint. Arthroscopic surgery is valuable for diagnosing and treating these conditions.

However, the average cost of outpatient arthroscopic surgery for complex tears can be significant, ranging from approximately USD 7,400 to 9,000 or more. This cost varies based on factors such as patient age, injury severity, location, associated injuries, and the healthcare facility where the procedure is performed. According to the Agency for Healthcare Research and Quality's Healthcare Cost and Utilization database, outpatient arthroscopic surgery typically costs around USD 8,970. Insured patients typically face out-of-pocket expenses consisting of specialist co-pays, often exceeding USD 100 for hospital co-pays, and coinsurance ranging from 10% to 50% for the procedure, potentially reaching annual out-of-pocket maximums. As of April 2020, the Kaiser Family Foundation reported an average hospital co-pay of USD 132 for outpatient surgery and USD 232 for inpatient surgery, with an average coinsurance rate of 17-18%. These high costs can discourage individuals from opting for arthroscopic procedures, presenting a potential market restraint.                                                                                            

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Arthroscopy Devices Market.”

The Global Arthroscopy Devices Market is segmented into application, product, end-user, regional distribution, and company.

Based on its product, arthroscopic implant segment is the fastest growing. This growth is primarily driven by the increasing prevalence of sports injuries, osteoarthritis, and other joint-related conditions that require surgical intervention. Arthroscopic implants, such as anchors, screws, and fixation devices, play a crucial role in repairing soft tissue and stabilizing joints during minimally invasive procedures. Their growing adoption is also supported by continuous advancements in implant materials, including bioabsorbable and hybrid implants, which enhance healing and reduce the need for secondary surgeries. The rising patient awareness about minimally invasive surgeries and quicker recovery times is boosting demand. As the global population ages and sports participation rises, the need for reliable, innovative implants continues to surge rapidly.

Based on region, Asia Pacific is the fastest-growing region in the global arthroscopy devices market due to a combination of demographic, economic, and healthcare-related factors. The region is experiencing a significant rise in its aging population, which is more prone to joint disorders such as osteoarthritis and degenerative diseases requiring arthroscopic intervention. The increasing participation in sports and physical activities has led to a surge in sports-related injuries, driving demand for arthroscopic procedures. Rapid urbanization, rising disposable incomes, and improved healthcare infrastructure in countries like China, India, Japan, and South Korea are also contributing to higher adoption of advanced medical technologies, including minimally invasive surgical tools. Government initiatives to modernize healthcare systems, growing medical tourism, and an expanding base of skilled orthopedic surgeons are further propelling market growth. Greater awareness among patients about the benefits of arthroscopy—such as shorter hospital stays and quicker recovery—continues to boost its popularity across the Asia Pacific region.

Major companies operating in Global Arthroscopy Devices Market are:

·         Arthrex Inc

·         CONMED Corp

·         Johnson & Johnson

·         Karl Storz SE & Co KG

·         Medtronic PLC

·         Richard Wolf GmbH

·         Smith & Nephew PLC

·         Stryker Corp

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“The Global Arthroscopy Devices Market is undergoing a transformation driven by innovation, patient-centric care, and the adoption of advanced technologies. The novel advancements represent the future direction of arthroscopy, with a focus on precision, efficiency, and improved patient experiences. As the market continues to evolve, it is crucial for manufacturers, healthcare providers, and regulators to adapt to these trends to ensure that arthroscopy remains at the forefront of orthopedic medicine” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Arthroscopy Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Application (Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Shoulder and Elbow Arthroscopy, Others), By Product (Arthroscope, Arthroscopic Implant, Fluid Management System, Radiofrequency (RF) System, Visualization System, Others), By End-User (Hospitals & Clinics, Ambulatory care Centers, Others), By Region, By Competition, 2020-2030F”, has evaluated the future growth potential of Global Arthroscopy Devices Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Arthroscopy Devices Market.

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