Arthroscopic Shavers Market Growth Trajectory Through 2024-2033
The Arthroscopic Shavers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Arthroscopic Shavers Global Market
Report 2024, The arthroscopic shavers market size is expected to see strong
growth in the next few years. It will grow to $2.52 billion in 2028 at a
compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period
can be attributed to an aging population, an expansion of healthcare
infrastructure, an increasing preference for disposable and single-use surgical
instruments, strategic partnerships and collaborations, and rising demand for
outpatient services. Major trends in the forecast period include the
integration of robotics, personalized medicine, advancements in minimally
invasive surgery, the adoption of single-use instruments, and portable
arthroscopic shavers.
A rising number of sports-related injuries is expected to propel the growth of
the arthroscopic shaver market going forward. Sports-related injuries are
physical injuries that occur during athletic activities or exercise, often
affecting muscles, bones, and joints. The increase in sports-related injuries
is likely due to greater engagement in athletic pursuits, intensified training
methods, and advancements in sports equipment that push physical boundaries,
all contributing to a rise in injury rates among athletes globally.
Arthroscopic shavers are used in the treatment of rising sports-related
injuries to efficiently remove damaged tissue and repair joint structures
through minimally invasive procedures, promoting quicker recovery and reduced
downtime for athletes. For instance, in 2022, according to the National Safety
Council, a US-based nonprofit public service organization promoting health and
safety, the incidence of sports and recreational injuries reported in 2020 rose
by 20% in 2021, with an additional 12% increase observed in 2022. Therefore,
the rising number of sports-related injuries will drive the growth of the
arthroscopic shaver market.
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The arthroscopic shavers market covered in this report is segmented –
1) By Product Type: Arthroscopic Shaver Systems, Arthroscopic Shaver
Accessories
2) By Application: Knee Arthroscopy, Hip
Arthroscopy, Shoulder And Elbow Arthroscopy, Spine Arthroscopy, Foot And Ankle
Arthroscopy, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics
Major companies operating in the arthroscopic shaver market are focusing on
technological advancements such as wireless single-use shaver systems to
enhance surgical efficiency and improve patient outcomes. An arthroscopic
wireless single-use shaver system is a disposable, battery-powered surgical
tool designed for minimally invasive joint procedures, offering the convenience
of wireless operation to improve surgical efficiency and reduce infection
risks. For instance, in January 2024, Integrated Endoscopy, a US-based
manufacturer of advanced, integrated, and ergonomic endoscopic imaging systems
for medical procedures, partnered with Frii Medical, a UK-based company that
develops innovative medical devices, to launch a proprietary single-use shaver
system globally. This innovative wireless shaver offers surgeons the freedom to
operate without power cords, featuring a reusable motor/battery module and
recharger station. Frii's system eliminates sterilization costs and ensures
consistent quality, significantly reducing the expenses of traditional shaver
systems.
The arthroscopic shavers market report table of contents includes:
1. Executive Summary
2. Arthroscopic Shavers Market Characteristics
3. Arthroscopic Shavers Market Trends And Strategies
4. Arthroscopic Shavers Market - Macro Economic Scenario
5. Global Arthroscopic Shavers Market
Size and Growth
.
32. Global Arthroscopic Shavers Market Competitive Benchmarking
33. Global Arthroscopic Shavers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Arthroscopic Shavers
Market
35. Arthroscopic Shavers Market Future Outlook and Potential
Analysis
36. Appendix
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