Handheld Arthroscopic Instruments Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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What key factors are powering the surge in the handheld arthroscopic instruments market right now?
The handheld arthroscopic instruments market has expanded significantly, reaching $3.41 billion in 2025 from $3.19 billion in 2024 at a CAGR of 6.7%. The historical growth is attributed to increased government and private sector investment, higher usage of disposable instruments, enhanced focus on surgical efficiency, better training for surgeons, and a rise in ambulatory surgical centers (ASCs).
How fast Is the handheld arthroscopic instruments market expected to grow, and what’s its future value?
The handheld arthroscopic instruments market is anticipated to grow significantly, reaching $4.36 billion by 2029 at a CAGR of 6.4%. Growth drivers include the shift towards minimally invasive surgeries, increased adoption of ambulatory surgical centers, supportive regulatory policies, evolving surgical techniques, and specialized instrument development. Key trends include expanding indications for arthroscopic surgery, increased applications in sports medicine, a focus on personalized medicine, and the use of biocompatible materials.
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What are the leading drivers of growth in the handheld arthroscopic instruments market?
The growing number of knee implant patients is expected to drive the growth of the handheld arthroscopic instrument market. Knee implant patients are individuals who have undergone surgery for knee replacement due to pain or joint diseases. The number of knee implant patients is rising due to an aging population and advancements in surgical techniques. Handheld arthroscopic instruments enhance knee implant procedures by enabling minimally invasive surgeries with greater precision. For instance, the Canadian Institute for Health Information reported a 4.6% increase in hip and knee revision surgeries in 2023. Therefore, the growing number of knee implant patients is driving the growth of the handheld arthroscopic instrument market.
What are the key segments defining 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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Who are the key players steering the development of 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
What emerging trends are influencing the growth of the handheld arthroscopic instruments market?
Leaders in the handheld arthroscopic instruments industry are focusing their efforts on designing technologically advanced solutions, such as the 4K single-use surgical arthroscope, to boost accuracy and improve the results for patients. A single-use surgical arthroscope is a disposable device, used once then discarded, negating the need for sterilization and minimizing risk of infection transmission. For example, in November 2023, Pristine Surgical, a medical technology company based in the US, introduced the Summit 4K single-use surgical arthroscope, constructed to augment arthroscopic procedures with high-definition imaging in a sterile, ready-to-use package. This state-of-the-art device boasts 4K resolution and is compatible with Pristine Connect, a cloud-based solution for the management of surgical images and stock. The Summit arthroscope does away with the issues of sanitizing and upkeep associated with reusable scopes, providing a financially viable subscription model for medical institutions.
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Which regions are most influential in expanding the handheld arthroscopic instruments market?
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.
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