Unlocking Opportunities in the Arthroscopic Shavers Market: Key Growth Trends and Forecast Insights
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What is the Growth Potential of the Arthroscopic Shavers Market, and How Will It Perform by 2034?
The market size for arthroscopic shavers has witnessed a robust growth in the past few years. Predicted to increase from $1.96 billion in 2024 to $2.09 billion in 2025, the rate of compound annual growth (CAGR) is calculated to be 6.7%. Factors that have contributed to the growth in the past include more instances of sports-related injuries, an increase in the elderly population, the development of healthcare infrastructure, the patients’ leanings towards less invasive surgical procedures, and the rise in popularity of outpatient and ambulatory surgical centres.
The market size of arthroscopic shavers is slated to witness robust growth in the upcoming years, potentially reaching $2.69 billion by 2029, with a compound annual growth rate (CAGR) of 6.5%. This anticipated growth over the forecast period can be credited to factors such as an ageing global population, developments in healthcare infrastructure, a growing inclination towards disposable and single-use surgical instruments, strategic alliances, and a surge in demand for outpatient services. Influential trends for this period comprise of the incorporation of robotics, personalised healthcare, advancements in minimally invasive procedures, the usage of single-use instruments, and the advent of portable arthroscopic shavers.
Which Macro and Microeconomic Factors Are Accelerating the Growth of the Arthroscopic Shavers Market?
The escalation in sports-related injuries is poised to stimulate the expansion of the arthroscopic shaver market. These injuries, often resulting from athletic activities or workouts, frequently impact the muscles, bones, and joints. The surge in such injuries can be attributed to heightened participation in sports, rigorous training techniques, and advances in sports gear that push physical limits, collectively causing a global increase in injury rates among sportspeople. Arthroscopic shavers play a crucial role in treating these escalating injuries by effectively eliminating injured tissue and mending joint structures through minor surgical procedures. This facilitates a faster recovery and minimizes downtime for athletes. For example, as per the National Safety Council, a nonprofit organization in the US that advocates for health and safety, there was a 20% increase in the number of sports and recreational injuries reported in 2020 compared to 2021, coupled with a further 12% rise seen in 2022. Consequently, the growing instances of sports-related injuries will be a strong driving force for the expansion of the arthroscopic shaver market.
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Who Are the Major Companies Shaping the Competitive Landscape of the Arthroscopic Shavers Market?
Major companies operating in the arthroscopic shavers market are:
• Johnson & Johnson Services Inc._x000D_
• Medtronic plc_x000D_
• Stryker Corporation_x000D_
• B. Braun Melsungen AG_x000D_
• Zimmer Biomet Holdings Inc._x000D_
What Are the Key Emerging Trends in the Arthroscopic Shavers Market for the Next Decade?
Leading companies in the arthroscopic shaver market are shifting their focus to the technology updates like wireless single-use shaver systems to boost their operative efficiency and achieve better results for patients. The wireless single-use arthroscopic shaver system is a disposable, battery-operated surgical tool that is crafted specifically for minimally invasive joint surgeries, providing the advantage of wireless functionality to increase operative productivity and lower the chances of infections. For example, in January 2024, Integrated Endoscopy, an American manufacturer specializing in superior, all-in-one, and user-friendly endoscopic imaging systems for medical procedures, collaborated with Frii Medical, a British firm focused on designing inventive medical devices, to globally introduce a unique single-use shaver system. This revolutionary wireless shaver facilitates surgeons to operate without the need for power cords, comprising a reusable motor/battery module and a charging station. The system from Frii cuts down sterilization costs and guarantees consistent quality, considerably lessening the traditional shaver systems’ expenditure.
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What Are the Core Segments of the Arthroscopic Shavers Market, and How Do They Contribute to Growth?
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
Subsegments:
1) By Arthroscopic Shaver Systems: Handheld Arthroscopic Shaver Systems, Powered Arthroscopic Shaver Systems, Electric Arthroscopic Shaver Systems
2) By Arthroscopic Shaver Accessories: Shaver Blades, Shaver Burrs, Shaver Sheaths, Shaver Drills, Shaver Motors
Which Regions Are Making a Mark in the Arthroscopic Shavers Market Growth?
North America was the largest region in the arthroscopic shavers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the arthroscopic shavers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Key Parameters Define the Arthroscopic Shavers Market’s Scope?
An arthroscopic shaver refers to a surgical tool used in arthroscopic procedures to shave, cut, or remove damaged tissue or debris from inside a joint. It typically consists of a small, rotating blade housed within a tube-like instrument, allowing precise and minimally invasive treatment of joint conditions.
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