Global Arthroscopy Fluid Management Disposables Market

Arthroscopy Fluid Management Disposables Market Size, Share, Growth Analysis, By Product Type(Pump Management Disposables, Gravity Management Disposables), By Application(Hospitals, Medical Centers, Others) - Industry Forecast 2024-2031


Report ID: SQSG35A2024 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 75

Arthroscopy Fluid Management Disposables Market Insights

Arthroscopy Fluid Management Disposables Market size was valued at USD 21.09 billion in 2019 and is poised to grow from USD 22.6 billion in 2023 to USD 41.9 billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

Orthopedic doctors have adopted and used arthroscopy techniques more and more often during the past 10 to 15 years. According to a recent survey by the Arthroscopy Association of North America, the United States now performs 1.8–2 million arthroscopy operations yearly. Recent years have seen a significant increase in the market's growth due to developments in the tools and instruments used in arthroscopy procedures, such as advancements in visualization, imaging, and fluid management, as well as regulatory approvals and reimbursement options available for expanded indications and procedures.

US Arthroscopy Fluid Management Disposables Market is poised to grow at a sustainable CAGR for the next forecast year.

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Arthroscopy Fluid Management Disposables Market size was valued at USD 21.09 billion in 2019 and is poised to grow from USD 22.6 billion in 2023 to USD 41.9 billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

The Arthroscopy Fluid Management Disposables market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their company globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability. 'Arthrex', 'Stryker', 'Smith & Nephew', 'Johnson & Johnson', 'Karl Storz SE & Co. KG', 'Olympus Corporation', 'CONMED Corporation', 'Medtronic plc', 'B. Braun Melsungen AG', 'Zimmer Biomet Holdings, Inc.', 'Becton, Dickinson and Company', 'Teleflex Incorporated', 'Cook Medical Inc.', 'Takeda Pharmaceutical Company Limited', 'Boston Scientific Corporation', 'Baxter International Inc.', 'Cardinal Health, Inc.', 'Fresenius SE & Co. KGaA', 'Abbott Laboratories', 'Merit Medical Systems, Inc.'

Innovative technical developments that improve arthroscopic surgeries will support market expansion going forward. Furthermore, the capacity of fluid management systems to optimise the visualisation process is anticipated to increase demand. The first-ever prospective clinical study findings to assess the efficacy of mending Horizontal Cleavage Tears (HCTs) using Smith & Nephew's NOVOSTITCH Meniscal Repair System were released in July 2019 by Smith & Nephew. Additionally, the increasing use of the all-arthroscopic Latarjet (aL) method to treat recurrent shoulder instability is projected to present market participants with lucrative development potential.

Patients have been turning to web-based technologies and online resources more frequently during the past few years to get information on particular disorders. The rising senior population and government measures to control the cost of various types of orthopedic surgery in the area may help the arthroscopy fluid management disposables market develop. In Europe, there is a tendency toward a greater preference for minimally invasive surgical techniques in nations like Scotland, Germany, and the United Kingdom.

With a maximum revenue of USD 127.7 Mn in 2021, North America led the market and will continue to do so throughout the projected period. The rise is related to improved Medicare reimbursement regulations and the strategic presence of important orthopaedic device businesses in the U.S. The International Trade Administration, using data from the Census Bureau, estimates that there are between 5,300 and 5,600 U.S. enterprises in the medical devices industry, with between 330,000 and 365,000 people employed there.

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Global Arthroscopy Fluid Management Disposables Market

Product ID: SQSG35A2024

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