Market Outlook:
Arthroscopy Market size is projected to rise from USD 6.34 billion in 2024 to USD 9.12 billion by 2034, representing a CAGR above 3.7% for the 2025–2034 forecast period. The industry is estimated to reach USD 6.55 billion in revenue by 2025.
Base Year Value (2024)
USD 6.34 billion
19-24
x.x %
25-34
x.x %
CAGR (2025-2034)
3.7%
19-24
x.x %
25-34
x.x %
Forecast Year Value (2034)
USD 9.12 billion
19-24
x.x %
25-34
x.x %
Historical Data Period
2019-2024
Largest Region
North America
Forecast Period
2025-2034
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Market Dynamics:
Growth Drivers & Opportunity:
One of the major growth drivers for the arthroscopy market is the increasing prevalence of sports injuries and musculoskeletal disorders. As more individuals participate in sports and physical activities, the demand for minimally invasive procedures like arthroscopy continues to rise. Additionally, the aging population is also contributing to the growth of the market, as elderly individuals are more prone to conditions like osteoarthritis that may require arthroscopic surgery. The technological advancements in arthroscopic instruments and techniques are also fueling market growth, providing surgeons with better precision and improved outcomes for patients.
Industry
Report Scope
Report Coverage | Details |
---|
Segments Covered | Product, Application |
Regions Covered | • North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC)
• Latin America (Argentina, Brazil, Rest of South America)
• Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Conmed, Zimmer Biomet, Henke Sass Wolf, Johnson & Johnson, Karl storz & Co. KG, Arthrex, Richard Wolf, Smith + Nephew, Medtronic, Stryker |
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On the flip side, one of the major restraints for the arthroscopy market is the high cost associated with arthroscopic procedures. The equipment and instruments used in arthroscopy can be expensive, making it inaccessible for some patients or healthcare facilities. Additionally, the reimbursement landscape for arthroscopic procedures can be complex, leading to challenges in obtaining adequate reimbursement for these procedures. This can deter healthcare providers from offering arthroscopy services, limiting market growth.
Growth Drivers & Opportunity:
Another major growth driver for the arthroscopy market is the increasing adoption of outpatient surgery centers. These facilities offer cost-effective and efficient alternatives to traditional hospital settings, making arthroscopic procedures more accessible to patients. Outpatient surgery centers also provide surgeons with greater flexibility and autonomy in performing procedures, leading to a higher volume of arthroscopic surgeries. The shift towards value-based care and the emphasis on reducing healthcare costs are further driving the growth of outpatient surgery centers and, in turn, the arthroscopy market.