How big is the handheld arthroscopic instruments market today, and what are its future growth expectations?
The handheld arthroscopic instruments market size has grown strongly in recent years. It will grow from $3.19 $ billion in 2024 to $3.41 $ billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increased government and private spending, increased use of disposable instruments, an increased focus on surgical efficiency, increased training and education for surgeons, and a rise in ambulatory surgical centers (ASCs).
The handheld arthroscopic instruments market size is expected to see strong growth in the next few years. It will grow to $4.36 $ billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to a shift toward minimally invasive surgeries, the growth of ambulatory surgical centers, supportive regulatory frameworks, the evolution of surgical techniques, and the development of specialized instruments. Major trends in the forecast period include expansion of port infrastructure, emphasis on personalized medicine and patient-centric care, expanding applications in sports medicine, expansion of indications for arthroscopic surgery, and exploration of biocompatible materials.
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What have been the primary factors driving the handheld arthroscopic instruments market’s growth?
The growing number of knee implant patients is expected to propel the growth of the handheld arthroscopic instrument market going forward. Knee implant patients are individuals who have received an artificial knee joint through surgery to alleviate severe pain and restore function in a damaged or arthritic knee. The number of knee implant patients is growing due to an aging population, increased prevalence of osteoarthritis and other joint diseases, and advancements in surgical techniques that make the procedure more accessible and effective. Handheld arthroscopic instruments enhance knee implant procedures by allowing surgeons to perform minimally invasive surgeries with greater precision and a clearer view of the joint. For instance, in 2023, according to a report published by the Canadian Institute for Health Information, a Canada-based independent non-profit organization, there was a 4.6% increase in hip and knee revision surgeries compared to the previous year, with 8,942 procedures performed in 2021–2022, up from 8,548 in 2020–2021. Therefore, the growing number of knee implant patients is driving the growth of the handheld arthroscopic instrument market.
What are the key segments within the handheld arthroscopic instruments market?
The handheld arthroscopic instrumentsmarket covered in this report is segmented –
1) By Type: Disposable Handheld Arthroscopic Instrument, Reusable Handheld Arthroscopic Instrument
2) By Product Type: Knives, Graspers, Scissors, Other Product Types
3) By Application: Knee Surgery, Shoulder Surgery, Hip Surgery, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Specialty Clinics
Subsegments:
1) By Disposable Handheld Arthroscopic Instrument, Disposable Arthroscopes, Disposable Graspers, Disposable Scissors, Disposable Shavers, Disposable Electrocautery Instruments, Disposable Probe and Hook Instruments
2) By Reusable Handheld Arthroscopic Instrument, Reusable Arthroscopes, Reusable Graspers, Reusable Scissors, Reusable Shavers, Reusable Electrocautery Instruments, Reusable Probe and Hook Instruments
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Which key players are shaping the handheld arthroscopic instruments market?
Major companies operating in the handheld arthroscopic instruments market are Johnson & Johnson Services Inc., Medtronic plc, Stryker Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, Smith & Nephew plc, B. Braun Medical Inc., Arthrex Inc., Teleflex Incorporated, KARL STORZ SE & Co. KG, Joint Engineering Inc., CONMED Corporation, KLS Martin Group, Richard Wolf GmbH, Reda Instrumente GmbH, Pioneer Healthcare Technologies Pvt. Ltd., TEKNO-MEDICAL Optik-Chirurgie GmbH, Hayden Medical Inc., Millennium Surgical Corp., Innomed Inc., M/S Devesh Meditech, Nebula Surgical Pvt. Ltd., Genuine Medica Pvt. Ltd., Sangam Surgical
How will emerging trends drive the handheld arthroscopic instruments market throughout the forecast period?
Major companies operating in the handheld arthroscopic instruments market are focusing on developing solutions with technological advancements, such as the 4K single-use surgical arthroscope, to enhance precision and improve patient outcomes. A single-use surgical arthroscope is a disposable device designed for one-time use in procedures, eliminating the need for cleaning and reducing the risk of infection. For instance, in November 2023, Pristine Surgical, a US-based medical technology manufacturer, launched its Summit 4K single-use surgical arthroscope, designed to enhance arthroscopic procedures with high-definition imaging and a sterile, ready-to-use format. This innovative device features 4K resolution and integrates with Pristine Connect, a cloud-based software for managing surgical images and inventory. The Summit arthroscope eliminates the challenges of cleaning and maintaining reusable scopes, offering a cost-effective subscription model for healthcare facilities.
How do regional factors impact the handheld arthroscopic instruments market, and which region is the largest contributor?
North America was the largest region in the handheld arthroscopic instruments market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the handheld arthroscopic instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Handheld Arthroscopic Instruments Market Report 2025 Offer?
The handheld arthroscopic instruments market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Handheld arthroscopic instruments are medical tools used in arthroscopic surgery, which is a minimally invasive procedure for diagnosing and treating joint problems. These instruments are designed to be precise and durable, as they need to operate in tight spaces within the joint while minimizing damage to surrounding tissues.
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