Global Arthroscopy Instruments Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Product Type (Arthroscopic Implants, Visualization Systems, Arthroscopes, Motorized Shavers, Others), By Application (Knee Arthroscopy, Shoulder Arthroscopy, Hip Arthroscopy, Others), And By Geography - Forecasts From 2021 To 2026

The global arthroscopy instruments market is estimated to be valued at US$1.187 billion in 2019.

Market overview.

The increase in the prevalence of musculoskeletal disorders due to the growing aging global population and increasing sports injuries works as the prime factor to drive the demand in the market. Moreover increasing demand for minimally invasive procedures also works as a driving factor for the market. But the high cost of the Arthroscopy instrument acts as a restraint for the growth of the market. Arthroscopy is a type of minimally invasive surgical procedure which is performed where a test or even treatment is carried out through an endoscope or an arthroscope. These procedures need several instruments to assist in the entire surgical procedures and such instruments are known as arthroscopy instruments.

Key market drivers

In recent years, the orthopedics industry has seen so many mergers, advanced product launches, and major private equity transactions and is fuelling the growth of the Arthroscopy Instruments Market. 

The advent of COVID-19 had an adverse impact on the arthroscopy instruments market given the rise in the cases from the disease which encouraged the patients to stay at home resulting in a severe decline in the number of arthroscopic surgeries occurring during the year. Moreover, the movement of the citizens was restricted which resulted in a decline in the number of accidents and other such incidences. As the world resumes activities, the sector is expected to recover and the usual treatments will resume. Moreover, the upcoming sporting events lined up, and the gradual increase in the number of participants every year has increased the probability of such accidents. The market is, thus, anticipated to witness substantial growth during the forecast period.

Increasing participation in various types of sports is expected to fuel the market during the forecast period.

Global Arthroscopy Instruments Market Scope:

Segmentation

• By Product type
  • Arthroscopic Implants
  • Visualization Systems
  • Arthroscopes
  • Motorized Shavers
  • Others
• By Application
  • Knee Arthroscopy
  • Shoulder Arthroscopy
  • Hip Arthroscopy
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • UK
    • Others
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

Frequently Asked Questions (FAQs)

Q1. What is the size of global arthroscopy instruments market?
A1. The global arthroscopy instruments market is estimated to be valued at US$1.187 billion in 2019. 

Q2. Who are the major players in the arthroscopy instruments market?
A2. Prominent key market leaders in the arthroscopy instruments market include Arthrex Inc., Conmed Corporation, Johnson & Johnson, Karl Storz GmbH & Co. KG, Medtronic PLC, Richard Wolf GmbH, Smith & Nephew PLC, among others.

Q3. How is the global arthroscopy instruments market segmented?
A3. The global arthroscopy instruments market has been segmented by product type, application, and geography.

Q4. What factors are anticipated to drive the arthroscopy instruments market growth?
A4. The increase in the prevalence of musculoskeletal disorders due to the growing aging global population and increasing sports injuries works as the prime factor to drive the demand in the arthroscopy instruments market.

Q5. Which region holds the largest market share in the arthroscopy instruments market?
A5. North America holds a significant share in the arthroscopy instruments market due to the increasing demand for joint replacement procedures.

Arthrex Inc.

Conmed Corporation

Johnson & Johnson

Karl Storz GmbH & Co. KG

Medtronic PLC

Richard Wolf GmbH

Smith & Nephew PLC

Stryker Corporation

Zimmer Biomet

Conmed Corporation