The North America Arthroscopy Devices Market would witness market growth of 6.6% CAGR during the forecast period (2022-2028).
Arthroscopy devices are used to detect for illnesses like osteoarthritis, rheumatoid arthritis, tendonitis, and bone tumors in the joints. The primary element driving the need for arthroscopy treatments is the rise in the prevalence of musculoskeletal problems. There is an increase in the investments by the companies and governments on the advancement of healthcare sector.
Involvement in organized sports is on the rise, according to the US Centers for Disease Control and Prevention (CDC). In the United States, almost 30 million children and adolescents participate in youth sports each year. Every year, high school athletes are responsible for an estimated 3 million injuries, 2.5 million doctor visits, and 30,000 hospitalizations. Furthermore, every year, more than 3.5 million children under the age of 14 require medical treatment for sports-related injuries. Children aged 5 to 14 account for roughly 40% of all sports-related injuries treated in hospitals. In 2017, injuries resulting from engagement in sports and recreational activities accounted for 21% of all traumatic brain injuries among children in the United States. According to the facts provided above, there has been a growth in the number of injuries requiring arthroscopy procedures, which is predicted to have a beneficial impact on the market under consideration
The high disposable income of the people living there and increased health awareness among the population makes the region a feasible place for the growth of the arthroscopy devices market. According to the United States Department of Health and Human Services, one out of every four persons in the United States has arthritis, with annual costs for medical care and lost earnings of $303.5 billion. Around 78 million persons in the United States are estimated to have been diagnosed with arthritis by 2040. Furthermore, by 2040, the geriatric population in the United States is predicted to increase to 21.6 percent, up from 16 percent in 2019. Furthermore, the healthcare infrastructure in the Asia-Pacific region's developing countries has swiftly increased.
The US market dominated the North America Arthroscopy Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,848.1 million by 2028. The Canada market is estimated to grow at a CAGR of 5.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.3% during (2022 - 2028).
Based on Type, the market is segmented into Arthroscopes, Arthroscopic Implants, Radiofrequency Systems, Fluid Management Systems, Visualization Systems, Powered Shavers, and Others. Based on Application, the market is segmented into Knee Arthroscopy, Hip Arthroscopy, Shoulder & Elbow Arthroscopy, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Arthroscopy Devices Market is Estimated to reach $28.6 Billion by 2028, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Johnson & Johnson, Smith & Nephew PLC, ConMed Corporation, Stryker Corporation, Zimmer Biomet Holdings, Inc., Karl Storz SE & Co. KG, Arthrex, Inc., Richard Wolf GmbH, and Henke Sass Wolf GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Arthroscopes
- Arthroscopic Implants
- Radiofrequency Systems
- Fluid Management Systems
- Visualization Systems
- Powered Shavers
- Others
By Application
- Knee Arthroscopy
- Hip Arthroscopy
- Shoulder & Elbow Arthroscopy
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Johnson & Johnson
- Smith & Nephew PLC
- ConMed Corporation
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Karl Storz SE & Co. KG
- Arthrex, Inc.
- Richard Wolf GmbH
- Henke Sass Wolf GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Arthroscopy Devices Market, by Type
1.4.2 North America Arthroscopy Devices Market, by Application
1.4.3 North America Arthroscopy Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Arthroscopy Devices Market
Chapter 4. North America Arthroscopy Devices Market by Type
4.1 North America Arthroscopes Market by Country
4.2 North America Arthroscopic Implants Market by Country
4.3 North America Radiofrequency Systems Market by Country
4.4 North America Fluid Management Systems Market by Country
4.5 North America Visualization Systems Market by Country
4.6 North America Powered Shavers Market by Country
4.7 North America Others Market by Country
Chapter 5. North America Arthroscopy Devices Market by Application
5.1 North America Knee Arthroscopy Market by Country
5.2 North America Hip Arthroscopy Market by Country
5.3 North America Shoulder & Elbow Arthroscopy Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Arthroscopy Devices Market by Country
6.1 US Arthroscopy Devices Market
6.1.1 US Arthroscopy Devices Market by Type
6.1.2 US Arthroscopy Devices Market by Application
6.2 Canada Arthroscopy Devices Market
6.2.1 Canada Arthroscopy Devices Market by Type
6.2.2 Canada Arthroscopy Devices Market by Application
6.3 Mexico Arthroscopy Devices Market
6.3.1 Mexico Arthroscopy Devices Market by Type
6.3.2 Mexico Arthroscopy Devices Market by Application
6.4 Rest of North America Arthroscopy Devices Market
6.4.1 Rest of North America Arthroscopy Devices Market by Type
6.4.2 Rest of North America Arthroscopy Devices Market by Application
Chapter 7. Company Profiles
7.1 Medtronic PLC
7.1.1 Company overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.2 Johnson & Johnson
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental &Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisition and Mergers:
7.3 Smith & Nephew PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 ConMed Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Stryker Corporation
7.5.1 Company Overview
7.5.2 Financial Analysi9
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Approvals and Trials:
7.5.5.2 Product Launches and Product Expansions:
7.5.5.3 Acquisition and Mergers:
7.6 Zimmer Biomet Holdings, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental & Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Approvals and Trials:
7.7 Karl Storz SE & Co. KG
7.7.1 Company Overview
7.8 Arthrex, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Richard Wolf GmbH
7.9.1 Company Overview
7.10. Henke Sass Wolf GmbH
7.10.1 Company Overview
TABLE 1 North America Arthroscopy Devices Market, 2018 - 2021, USD Million
TABLE 2 North America Arthroscopy Devices Market, 2022 - 2028, USD Million
TABLE 3 North America Arthroscopy Devices Market by Type, 2018 - 2021, USD Million
TABLE 4 North America Arthroscopy Devices Market by Type, 2022 - 2028, USD Million
TABLE 5 North America Arthroscopes Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Arthroscopes Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Arthroscopic Implants Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Arthroscopic Implants Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Radiofrequency Systems Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Radiofrequency Systems Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Fluid Management Systems Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Fluid Management Systems Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Visualization Systems Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Visualization Systems Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Powered Shavers Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Powered Shavers Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Arthroscopy Devices Market by Application, 2018 - 2021, USD Million
TABLE 20 North America Arthroscopy Devices Market by Application, 2022 - 2028, USD Million
TABLE 21 North America Knee Arthroscopy Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Knee Arthroscopy Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Hip Arthroscopy Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Hip Arthroscopy Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Shoulder & Elbow Arthroscopy Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Shoulder & Elbow Arthroscopy Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Arthroscopy Devices Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Arthroscopy Devices Market by Country, 2022 - 2028, USD Million
TABLE 31 US Arthroscopy Devices Market, 2018 - 2021, USD Million
TABLE 32 US Arthroscopy Devices Market, 2022 - 2028, USD Million
TABLE 33 US Arthroscopy Devices Market by Type, 2018 - 2021, USD Million
TABLE 34 US Arthroscopy Devices Market by Type, 2022 - 2028, USD Million
TABLE 35 US Arthroscopy Devices Market by Application, 2018 - 2021, USD Million
TABLE 36 US Arthroscopy Devices Market by Application, 2022 - 2028, USD Million
TABLE 37 Canada Arthroscopy Devices Market, 2018 - 2021, USD Million
TABLE 38 Canada Arthroscopy Devices Market, 2022 - 2028, USD Million
TABLE 39 Canada Arthroscopy Devices Market by Type, 2018 - 2021, USD Million
TABLE 40 Canada Arthroscopy Devices Market by Type, 2022 - 2028, USD Million
TABLE 41 Canada Arthroscopy Devices Market by Application, 2018 - 2021, USD Million
TABLE 42 Canada Arthroscopy Devices Market by Application, 2022 - 2028, USD Million
TABLE 43 Mexico Arthroscopy Devices Market, 2018 - 2021, USD Million
TABLE 44 Mexico Arthroscopy Devices Market, 2022 - 2028, USD Million
TABLE 45 Mexico Arthroscopy Devices Market by Type, 2018 - 2021, USD Million
TABLE 46 Mexico Arthroscopy Devices Market by Type, 2022 - 2028, USD Million
TABLE 47 Mexico Arthroscopy Devices Market by Application, 2018 - 2021, USD Million
TABLE 48 Mexico Arthroscopy Devices Market by Application, 2022 - 2028, USD Million
TABLE 49 Rest of North America Arthroscopy Devices Market, 2018 - 2021, USD Million
TABLE 50 Rest of North America Arthroscopy Devices Market, 2022 - 2028, USD Million
TABLE 51 Rest of North America Arthroscopy Devices Market by Type, 2018 - 2021, USD Million
TABLE 52 Rest of North America Arthroscopy Devices Market by Type, 2022 - 2028, USD Million
TABLE 53 Rest of North America Arthroscopy Devices Market by Application, 2018 - 2021, USD Million
TABLE 54 Rest of North America Arthroscopy Devices Market by Application, 2022 - 2028, USD Million
TABLE 55 Key Information – Medtronic PLC
TABLE 56 Key information –Johnson & Johnson
TABLE 57 key Information – Smith & Nephew PLC
TABLE 58 key Information – ConMed Corporation
TABLE 59 key Information – Stryker Corporation
TABLE 60 key Information – Zimmer Biomet Holdings, Inc.
TABLE 61 Key Information – Karl Storz SE & Co. KG
TABLE 62 Key information – Arthrex, Inc.
TABLE 63 Key Information – Richard Wolf GmbH
TABLE 64 Key Information – Henke Sass Wolf GmbH
List of Figures
FIG 1 Methodology for the research