USD 21.09 billion
Report ID:
SQSG35A2024 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
62
|Figures:
75
Arthroscopy Fluid Management Disposables Market size was valued at USD 22.6 Billion in 2023 and is poised to grow from USD 24.52 Billion in 2024 to USD 45.46 Billion by 2032, growing at a CAGR of 8.5% during the forecast period (2025-2032).
Orthopedic doctors have adopted and used arthroscopy techniques more and more often during the past 10 to 15 years. According to a recent survey by the Arthroscopy Association of North America, the United States now performs 1.8–2 million arthroscopy operations yearly. Recent years have seen a significant increase in the market's growth due to developments in the tools and instruments used in arthroscopy procedures, such as advancements in visualization, imaging, and fluid management, as well as regulatory approvals and reimbursement options available for expanded indications and procedures.
US Arthroscopy Fluid Management Disposables Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 21.09 billion
Largest Segment
Hospital
Fastest Growth
Hospital
Growth Rate
8.5% CAGR
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The Global Arthroscopy Fluid Management Disposables Market is segmented based on the Product type, Application, and Region. Based on the Product Type, the Global Arthroscopy Fluid Management Disposables Market is segmented as Pump Management Disposables and Gravity Management Disposables. Based on the Application, the Global Arthroscopy Fluid Management Disposables Market is segmented as Hospitals, Medical Centers, and Others. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Arthroscopy Fluid Management Disposables Market Analysis by Product Type
In 2022, the market was led by disposable pump management products. The rise in orthopedic procedures has fueled the market's expansion as a whole. However, it is anticipated that the technical development of sin pump management devices would support the expansion of the product's demand.
Due to their cheaper cost and ease of maintenance, gravity management pumps are widely used in developing nations like China and India. Gravity pumps have become more popular in these nations due to the lack of qualified people that can handle arthroscopic pump management equipment.
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With a maximum revenue of USD 127.7 Mn in 2021, North America led the market and will continue to do so throughout the projected period. The rise is related to improved Medicare reimbursement regulations and the strategic presence of important orthopaedic device businesses in the U.S. The International Trade Administration, using data from the Census Bureau, estimates that there are between 5,300 and 5,600 U.S. enterprises in the medical devices industry, with between 330,000 and 365,000 people employed there.
The market in Europe is expanding due to a number of factors, including the region's robust healthcare infrastructure, well-established hospital reimbursement programmes, and the quicker acceptance of novel orthopaedic device technology.
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Arthroscopy Fluid Management Disposables Market Driver
Enhanced Treatment Capability and Adoption of Innovative Technologies
Arthroscopy Fluid Management Disposables Market Restraint
Declining Rate of Arthroscopic Knee Surgeries
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The Global Arthroscopy Fluid Management Disposables market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their company globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability.
Arthroscopy Fluid Management Disposables Market Top Player's Company Profiles
Arthroscopy Fluid Management Disposables Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Arthroscopy Fluid Management Disposables Market Analysis
Report Metric | Details |
---|---|
Market size value in 2019 | USD 21.09 billion |
Market size value in 2031 | USD 41.9 billion |
Growth Rate | 8.5% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Arthroscopy Fluid Management Disposables Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Arthroscopy Fluid Management Disposables Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Arthroscopy Fluid Management Disposables Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Arthroscopy Fluid Management Disposables Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQSG35A2024
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