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
- Arthroscopic Shavers Market Characteristics
- Arthroscopic Shavers Market Trends And Strategies
- Arthroscopic Shavers Market – Macro Economic Scenario
- Global Arthroscopic Shavers Market Size and Growth
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32. Global Arthroscopic Shavers Market Competitive Benchmarking - Global Arthroscopic Shavers Market Competitive Dashboard
- Key Mergers And Acquisitions In The Arthroscopic Shavers Market
- Arthroscopic Shavers Market Future Outlook and Potential Analysis
- Appendix
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