Arthroscopic Shavers Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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How has the arthroscopic shavers market size evolved in recent years?
The arthroscopic shavers market has seen strong growth in recent years. It is projected to grow from $1.96 billion in 2024 to $2.09 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%. The growth is driven by the increasing number of sports injuries, an aging population, improvements in healthcare infrastructure, a preference for minimally invasive surgeries, and the growing adoption of outpatient and ambulatory surgical centers.
What are the predictions for the arthroscopic shavers market size in the coming years?
The arthroscopic shavers market is expected to grow significantly, reaching $2.69 billion by 2029 with a CAGR of 6.5%. Growth is driven by an aging population, expanding healthcare infrastructure, increased demand for disposable surgical instruments, strategic partnerships, and rising demand for outpatient services. Trends include robotics integration, personalized medicine, minimally invasive surgery, single-use instruments, and portable arthroscopic shavers.
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What key factors are fueling the growth of the arthroscopic shavers market?
The rise in sports-related injuries is projected to propel the growth of the arthroscopic shaver market. Sports injuries have increased due to more intense training and advances in equipment. Arthroscopic shavers are used to treat these injuries by removing damaged tissue and repairing joints with minimally invasive procedures. For instance, in 2022, the incidence of sports injuries rose by 20% from 2021. The increase in sports-related injuries is driving the growth of the arthroscopic shaver market.
How is the global arthroscopic shavers market divided into key segments?
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
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Who are the key firms paving the way for growth in the arthroscopic shavers market?
Major companies operating in the arthroscopic shavers market are Johnson & Johnson Services Inc., Medtronic plc, Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Olympus Corporation, Smith & Nephew plc, Arthrex Inc., DePuy Synthes Companies, KARL STORZ SE & Co. KG, CONMED Corporation, Wright Medical Group N.V., Bioventus, Richard Wolf GmbH, Breg Inc., Portescap, De Soutter Medical Limited, Sklar Surgical Instruments, GPC Medical Ltd., Ceterix Orthopaedics Inc, Cannuflow, Novetech Surgery, GENUINE MEDICA PVT. LTD., EndoMed Systems, OrthoSpace Ltd
Which trends are expected to transform the arthroscopic shavers market?
Companies in the arthroscopic shaver market are advancing technology with solutions like wireless, single-use shaver systems to improve surgical efficiency and patient outcomes. These disposable, battery-powered tools are designed for minimally invasive joint procedures, offering wireless convenience to enhance surgical effectiveness and reduce infection risks. For instance, in January 2024, Integrated Endoscopy, a US-based manufacturer, partnered with Frii Medical, a UK-based medical device innovator, to introduce a proprietary single-use wireless shaver system globally. This system eliminates the need for power cords and sterilization costs while ensuring high-quality performance and cost savings over traditional systems.
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What regions are contributing significantly to the growth of the arthroscopic shavers market?
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.
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