North America Arthroscopy Devices Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Arthroscopic Implants, Arthroscopes, Fluid Management Systems, Radiofrequency Systems, Visualization Systems, Powered Shavers Systems, and Other Arthroscopy Instruments) and Application (Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Foot and Ankle Arthroscopy, Shoulder and Elbow Arthroscopy, and Others)
The North America arthroscopy devices market is expected to grow from US$ 2,342.20 million in 2021 to US$ 3,963.23 million by 2028; it is estimated to grow at a CAGR of 7.8% from 2021 to 2028.
Musculoskeletal disorders (MSDs) are the most common health conditions across the region. According to the data published by the World Health Organization (WHO), in February 2021, approximately 1.71 billion individuals suffered from musculoskeletal problems. Lower back pain is a widespread musculoskeletal condition, affecting 568 million people. Lower back pain is the major cause of impairment in many countries across the region. Musculoskeletal disorders severely impair mobility and dexterity, resulting in early retirement from work, decreased well-being, and diminished ability to participate in society. The number of people disabled by musculoskeletal conditions has been growing, and this trend is expected to continue in the next decades. Furthermore, as per the WHO, high-income countries are the most affected in terms of population. Musculoskeletal diseases are also the leading cause of years lived with disability (YLDs) across the region. Surgical arthroscopy is a well-established therapy option for individuals with chronic joint pain and dysfunction. Compared to open joint procedures, arthroscopy is less invasive and results in better overall patient outcomes in symptom treatment, hospital stay, structural recovery, and long-term outcomes. Thus, the growing prevalence of musculoskeletal disorders, osteoarthritis, and rheumatoid arthritis is driving the market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America arthroscopy devices market. The North America arthroscopy devices market is expected to grow at a good CAGR during the forecast period.
North America Arthroscopy Devices Market Revenue and Forecast to 2028 (US$ Million)
North America Arthroscopy Devices Market Segmentation
The North America arthroscopy devices market is segmented based on product, application, and country. Based on product, the market is segmented into arthroscopic implants, arthroscopes, fluid management systems, radiofrequency systems, visualization systems, powered shavers systems, and other arthroscopy instruments. The arthroscopes segment dominated the market in 2020, and the same segment is expected to be the fastest-growing segment during the forecast period. Based on application, the market is segmented into knee arthroscopy, hip arthroscopy, spine arthroscopy, foot and ankle arthroscopy, shoulder and elbow arthroscopy, and others. The hip arthroscopy segment dominated the market in 2020, and the same segment is expected to be the fastest-growing segment during the forecast period. Based on country, the North America arthroscopy devices market has been segmented into the US, Canada, and Mexico.
ARL STORZ SE & Co. KG; Arthrex, Inc.; CONMED Corporation; Johnson and Johnson Services, Inc.; Medtronic; NuVasive, Inc.; Richard Wolf GmbH.; Smith & Nephew; Stryker Corporation; and Zimmer Biomet are among the leading companies in the North America arthroscopy devices market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Arthroscopy Devices Market – By Product
1.3.2 North America Arthroscopy Devices Market – By Application
1.3.3 North America Arthroscopy Devices Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Arthroscopy Devices Market – Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.3 Experts Opinion
5. North America Arthroscopy Devices Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Musculoskeletal Disorders Osteoarthritis and Rheumatoid Arthritis
5.1.2 Growing Number of Sport Injuries Requiring Arthroscopy Procedure
5.2 Market Restraints
5.2.1 High Cost of Arthroscopy Devices
5.3 Market Opportunities
5.3.1 Increasing Prevalence of Obesity
5.4 Future Trends
5.4.1 Rise in Number of Product Launches and Approvals
5.5 Impact Analysis
6. Arthroscopy Devices Market– North America Analysis
6.1 North America Arthroscopy Devices Market Revenue Forecast and Analysis
7. North America Arthroscopy Devices Market Analysis – By Product
7.1 Overview
7.2 North America Arthroscopy Devices Market Revenue Share, by Product (2021 and 2028)
7.3 Arthroscopes
7.3.1 Overview
7.3.2 Arthroscopes Revenue and Forecast to 2028 (US$ Mn)
7.4 Arthroscopic Implants
7.4.1 Overview
7.4.2 Arthroscopic Implants Revenue and Forecast to 2028 (US$ Mn)
7.5 Fluid Management systems
7.5.1 Overview
7.5.2 Fluid Management systems Revenue and Forecast to 2028 (US$ Mn)
7.6 Radiofrequency Systems
7.6.1 Overview
7.6.2 Radiofrequency Systems Revenue and Forecast to 2028 (US$ Mn)
7.7 Visualization Systems
7.7.1 Overview
7.7.2 Visualization Systems Revenue and Forecast to 2028 (US$ Mn)
7.8 Powered Shaver systems
7.8.1 Overview
7.8.2 Powered Shaver systems Revenue and Forecast to 2028 (US$ Mn)
7.9 Other Arthroscopic Equipment
7.9.1 Overview
7.9.2 Other Arthroscopic Equipment Revenue and Forecast to 2028 (US$ Mn)
8. North America Arthroscopy Devices Market Analysis– By Application
8.1 Overview
8.2 North America Arthroscopy Devices Market Revenue Share, by Application (2021 and 2028)
8.3 Knee Arthroscopy
8.3.1 Overview
8.3.2 Knee Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Hip Arthroscopy
8.4.1 Overview
8.4.2 Hip Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Spine Arthroscopy
8.5.1 Overview
8.5.2 Spine Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
8.6 Foot and Ankle Arthroscopy
8.6.1 Overview
8.6.2 Foot and Ankle Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
8.7 Shoulder and Elbow Arthroscopy Overview
8.7.1 Shoulder and Elbow Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
8.8 Others
8.8.1 Overview
8.8.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
9. North America Arthroscopy Devices Market Revenue and Forecasts to 2028 – Country Analysis
9.1 North America: Arthroscopy Devices Market
9.1.2 North America: Arthroscopy Devices Market, by Country, 2021 & 2028(%)
9.1.2.1 USA: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.1 Overview
9.1.2.1.2 USA: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.3 USA: Arthroscopy Devices Market, by Product– Revenue and Forecast to 2028 (USD Million)
9.1.2.1.4 USA: Arthroscopy Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)
9.1.2.2 Canada: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.2.1 Overview
9.1.2.2.2 Canada: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.2.3 Canada: Arthroscopy Devices Market, by Product– Revenue and Forecast to 2028 (USD Million)
9.1.2.2.4 Canada: Arthroscopy Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)
9.1.2.3 Mexico: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.1 Overview
9.1.2.3.2 Mexico: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.3 Mexico: Arthroscopy Devices Market, by Product– Revenue and Forecast to 2028 (USD Million)
9.1.2.3.4 Mexico: Arthroscopy Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)
10. Industry Landscape
10.1 Overview
10.2 Inorganic Developments
10.2.1 Overview
10.3 Organic Developments
10.3.1 Overview
11. Company Profiles
11.1 Arthrex, Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 CONMED Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Johnson and Johnson Services, Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 ARL STORZ SE & Co. KG
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Medtronic
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Richard Wolf GmbH.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Smith & Nephew
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Stryker Corporation
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Zimmer Biomet
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 NuVasive, Inc.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Arthroscopy Devices Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Sports Injuries by Number of Injuries, 2020
Table 3. USA: Arthroscopy Devices Market, by Product– Revenue and Forecast to 2028 (USD Million)
Table 4. USA: Arthroscopy Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 5. Canada: Arthroscopy Devices Market, by Product– Revenue and Forecast to 2028 (USD Million)
Table 6. Canada: Arthroscopy Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico: Arthroscopy Devices Market, by Product– Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico: Arthroscopy Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 9. Inorganic Developments
Table 10. Organic Developments
Table 11. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Arthroscopy Devices Market Segmentation
Figure 2. North America Arthroscopy Devices Segmentation, By Country
Figure 3. North America Arthroscopy Devices Market Overview
Figure 4. North America Arthroscopy Devices Market, By Product
Figure 5. North America Arthroscopy Devices Market, By Country
Figure 7. North America: PEST Analysis
Figure 8. Experts Opinion
Figure 9. Impact Analysis
Figure 10. North America Arthroscopy Devices Market – Revenue Forecast and Analysis
Figure 11. North America Arthroscopy Devices Market Revenue Share, by Product (2021 and 2028)
Figure 12. North America Arthroscopes Revenue and Forecast to 2028 (US$ Mn)
Figure 13. North America Arthroscopic Implants Revenue and Forecast to 2028 (US$ Mn)
Figure 14. North America Fluid Management systems Revenue and Forecast to 2028 (US$ Mn)
Figure 15. North America Radiofrequency Systems Revenue and Forecast to 2028 (US$ Mn)
Figure 16. North America Visualization Systems Revenue and Forecast to 2028 (US$ Mn)
Figure 17. North America Powered Shaver systems Revenue and Forecast to 2028 (US$ Mn)
Figure 18. North America Other Arthroscopic Equipment Revenue and Forecast to 2028 (US$ Mn)
Figure 19. North America Arthroscopy Devices Market Revenue Share, by Application (2021 and 2028)
Figure 20. North America Knee Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
Figure 21. North America Hip Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
Figure 22. North America Spine Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
Figure 23. North America Foot and Ankle Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
Figure 24. North America Shoulder and Elbow Arthroscopy Market Revenue and Forecast to 2028 (US$ Mn)
Figure 25. North America Others Market Revenue and Forecast to 2028 (US$ Mn)
Figure 26. North America: Arthroscopy Devices Market, by Key Country – Revenue (2021) (USD Million)
Figure 27. North America: Arthroscopy Devices Market, by Country, 2021 & 2028 (%)
Figure 28. USA: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Canada: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. Mexico: Arthroscopy Devices Market – Revenue and Forecast to 2028 (USD Million)
- ARL STORZ SE & Co. KG
- Arthrex, Inc.
- CONMED Corporation
- Johnson and Johnson Services, Inc.
- Medtronic
- NuVasive, Inc.
- Richard Wolf GmbH.
- Smith & Nephew
- Stryker Corporation
- Zimmer Biomet
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America arthroscopy devices market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America arthroscopy devices market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the arthroscopy devices market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution