Arthroscopic Shavers Market

Factors affecting Arthroscopic Shavers Market Growth

• Rising Prevalence of Orthopedic Disorders

Increasing cases of joint injuries, osteoarthritis, and sports-related conditions drive demand for arthroscopic procedures.

• Growing Adoption of Minimally Invasive Surgeries

Preference for arthroscopy over open surgery boosts the use of advanced shavers.

• Technological Advancements in Shaver Systems

Development of high-precision, ergonomically designed, and battery-operated shavers improves surgical efficiency and outcomes.

• Expanding Orthopedic and Sports Medicine Infrastructure

Better access to specialized hospitals and clinics enhances procedure adoption.

• Increasing Geriatric Population

Higher prevalence of degenerative joint disorders among elderly patients fuels market growth.

• Rising Awareness Among Surgeons and Patients

Education and training programs for orthopedic surgeons encourage adoption of arthroscopic shavers.

• Government and NGO Support for Orthopedic Care

Funding for joint replacement and arthroscopic surgery programs drives procedure uptake.

• Integration of Digital and Smart Technologies

Navigation systems, imaging guidance, and connected surgical tools improve precision and safety.

• Strategic Collaborations & Clinical Research

Partnerships between medtech companies, research institutes, and hospitals accelerate product innovation.

• Increasing Sports Participation & Injury Incidence

Rising engagement in sports and active lifestyles leads to higher demand for arthroscopic interventions.

Arthroscopic Shaver Market By Product Type (Control Systems, Shaver Hand-Pieces, Accessories, And Others), By Type (Plastic, Ns, Poly Carbonate, Stainless, And Others), By Application (Knee Arthroscopy, Hips Arthroscopy, Spine Arthroscopy, Foot And Ankle Arthroscopy, Shoulder And Elbow Arthroscopy, And Others), By End-User (Hospitals And Clinics, Ambulatory Surgical Centers, And Others), by geography is expected to grow at a steady CAGR forecast till 2030 owing to a rise in the orthopedic cases such as cartilage tear in the knee, ligament tear in the knee, and tendon tear in shoulder across the globe and an increasing number of sports-related injuries

Global Arthroscopic Shaver Market was valued at USD 1.26 Billion in 2023, growing at a CAGR of 5.90% during the forecast period from 2024 to 2030 to reach USD 1.78 Billion by 2030. The increase in demand for arthroscopic shavers is primarily attributed to the rise in orthopedic cases such as cartilage tear in the knee, ligament tear in the knee, and tendon tear in shoulder across the globe and the increasing number of sports-related injuries. Additionally, an increase in the number of geriatric population prone to orthopedic disorders will increase in the arthroscopic shaver blade market. Furthermore, the technological advancements in the device to increase the recovery rate of patients are anticipated to bolster the Arthroscopic Shaver market, thereby contributing to the growth of the Arthroscopic Shaver Market during the forecast period from 2024-2030.

Arthroscopic Shaver Market Dynamics

The Arthroscopic Shaver Market is witnessing a growth in product demand owing to various reasons. The increasing use of arthroscopic shavers in various applications is anticipated to bolster the Arthroscopic Shaver market during the forecasted period.

The increasing prevalence of orthopedic disorders will propel the Arthroscopic Shaver market growth. For instance, according to the World Health Organization (WHO) 2021, it was estimated that in the year 2021 approximately 1.71 billion people suffered from musculoskeletal conditions worldwide. Musculoskeletal disorders (MSD) are injuries or disorders of the muscles, nerves, tendons, joints, cartilage, and spinal discs. Musculoskeletal conditions significantly limit mobility and dexterity, leading to early retirement from work, lower levels of well-being and reduced ability to participate in society. The number of people with musculoskeletal conditions is rapidly increasing because of an increase in population ageing. Many musculoskeletal conditions or orthopedic conditions require surgery for the treatment. In surgical procedures, the arthroscopy shavers are used. Therefore, the increasing prevalence of orthopedic disorders will increase the number of surgical procedure, thereby increasing the demand of the arthroscopic shavers in the market. Hence, increasing the overall Arthroscopic Shaver market growth of the device.

Another factor which will affect the market in forecasting period is increasing number of geriatric population. According to WHO, in 2019, the number of people aged 60 years and older was 1 billion. This number is expected to increase to 1.4 billion by 2030 and 2.1 billion by 2050. This increase is occurring at an unprecedented pace and is expected to accelerate in coming decades, particularly in developing countries. The possibility of having a chronic disorder or cancer is higher in the older age, so as the number of geriatric population is increasing, this will increase the probability of increasing prevalence of a chronic ailment in geriatric population thereby owing to increase the product demand in the Arthroscopic Shaver market.

Also, the increasing awareness and demand of minimally invasive surgery and of no or less blood surgery will bolster the arthroscopic shaver blade market.

Thus, due to the increasing utilization of arthroscopic shavers in various areas of application, there will be a rising demand for arthroscopic shavers, in turn increasing the arthroscopic shaver blade market growth.

However, high cost of arthroscopic shavers and the surgical process and less knowledge about operating the advanced instruments may be certain limiting factors of the arthroscopic shaver’s market growth.  

The ongoing COVID-19 pandemic has slightly impacted the Arthroscopic Shaver market. At the onset of the disease, there was a significant shortage, attributed to the imposition of stringent lockdowns to curb the spread of the virus. Hospital admissions for patients suffering from other disorders were not a priority in comparison to the patients suffering from coronavirus. Production of some medical devices was shut down. Furthermore, surgeries were temporarily stopped during the pandemic. To reduce the COVID-19 transmission risk, endoscopy centers have postponed and canceled the semi-urgent and elective cases. However, with masses being vaccinated, the Arthroscopic Shaver Market has picked momentum.

Arthroscopic Shaver Market Segment Analysis

Arthroscopic Shaver Market by Product Type (Control Systems, Shaver Hand-Pieces, Accessories, and Others), by Type (Plastic, Ns, Poly Carbonate, Stainless, and Others), by Application (Knee Arthroscopy, Hips Arthroscopy, Spine Arthroscopy, Foot and Ankle Arthroscopy, Shoulder And Elbow Arthroscopy, and Others), by End-User (Hospitals and Clinics, Ambulatory Surgical Centers, and Others) and by Geography (North America, Europe, Asia-Pacific, and Rest of the World)

In the application type segment of the arthroscopic shaver blade market, the knee arthroscopy is estimated to hold a significant share in the Arthroscopic Shaver Market during the forecast period (2024-2030). This can be ascribed to the various advantages that are associated with the device.

The demand for knee arthroscopy is expected to increase during the forecast period. This is owing to the rising prevalence of knee related disorders such as meniscus injuries, cartilage tear, and many others. Knee related disorders occur due to many reasons such as, age, osteoarthritis, sports related injuries, and others. For instance, according to CDC 2021, in the year 2020 it was estimated that about 1 in 4 US adults (23.7%) or about 58.5 million people suffered from osteoarthritis. Osteoarthritis occurs when the protective cartilage that cushions the ends of the bones wears down over time. Although osteoarthritis can damage any joint, the disorder most commonly affects joints in the hands, knees, hips and spine. The increasing prevalence of osteoarthritis may increase the risk of knee- related disorders. The treatment of disorders may require arthroscopic shavers to remove the extra part of bone or cartilage, thereby increasing the demand of the Arthroscopic Shaver. Thus, increasing the demand of knee arthroscopic shavers leading to overall Arthroscopic Shaver market growth.

Thus, owing to the increase in prevalence of knee-related disorders, there will be an increase in the demand for knee arthroscopic, which in turn will drive the arthroscopic shaver’s market growth.

North America is expected to dominate the overall Arthroscopic Shaver Market

Among all the regions, North America is expected to account for the largest share in the global Arthroscopic Shaver Market.

Rise in orthopedic cases such as cartilage tear in the knee, ligament tear in the knee, and tendon tear in shoulder in the region, the increasing prevalence of sports-related injuries, and the high geriatric population will increase the demand for arthroscopic shavers in North America, leading to a rise in the overall Arthroscopic Shaver Market growth.

According to Centers for Disease Control and Prevention (CDC) 2021, in US, it was estimated that about 30 million children and teens participate in some form of organized sports, and more than 3.5 million injuries each year. This injuries can be some brain injury or orthopedic injury. The injury requires surgical operation for the treatment. In the surgical procedures, arthroscopic shavers are used to cut bone or cartilages if required. Thus, the increasing number of sports- related injuries in the United States will increase the demand of arthroscopic shavers in the market. Henceforth, increasing the overall Arthroscopic Shaver market of the device in the North America in the forecast period of 2022 – 2030.

Another driving factor for Arthroscopic Shaver Market will be the increasing number of geriatric population. According to Government of Canada 2021, by 2030 seniors are expected to cross over 9.5 million and make up 23% of Canadians. Moreover, as per the same source, by 2036, the average life expectancy at birth for women will rise to 86.2 years from the current 84.2 and to 82.9 years from the current 80 for men. Geriatric patients are more prone to orthopedic disorders. As the number of geriatric people is expected to increase in the forecast period a rise in demand of arthroscopic shavers in the market is seen in the forecast period in the region.

Thus, all the above-mentioned factors are anticipated to propel the Arthroscopic Shaver market in North America.

Arthroscopic Shaver Manufacturers

Some of the key Arthroscopic Shaver companies operating in the Arthroscopic Shaver Market include Karl Storz GmbH, Arthrex, Inc., CONMED., Stryker., Smith & Nephew., De Soutter Medical Limited, DePuy Synthes Mitek Sports Medicine (Johnson & Johnson), Zimmer Biomet., Medtronic, Richard Wolf GmbH., B. Braun Melsungen AG, Olympus, Tulpar Medical Solutions, GPC Medical, Sklar, among others.

Recent Developmental Activities in the Arthroscopic Shaver Market:

• In June 2021, Joimax, one of the market leader in technologies and training methods for full-endoscopic and minimally invasive spinal surgery, announced the global launch of its new generation Shrill®, the Shaver Drill System. The system is developed for the removal of soft tissue and bone. The system is also highly effective in treating stenosis, a degenerative spine condition.

Key Takeaways from the Arthroscopic Shaver Market Report Study

• Market size analysis for current Arthroscopic Shaver Market size (2023), and market forecast for 6 years (2024-2030)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Arthroscopic Shaver Market.
• Top key Arthroscopic Shaver product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
• Key Arthroscopic Shaver companies dominating the global Arthroscopic Shaver Market.
• Various opportunities available for the other competitor in the Arthroscopic Shaver Market space.
• What are the top performing segments in 2023? How these segments will perform in 2030.
• Which is the top-performing regions and countries in the current arthroscopic shaver’s market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for Arthroscopic Shaver Market growth in the coming future?

Target Audience who can be benefited from this Arthroscopic Shaver Market Report Study

• Arthroscopic Shavers products providers
• Research organizations and consulting companies
• Arthroscopic Shavers-related organizations, associations, forums, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and Traders dealing in arthroscopic shavers
• Various End-users who want to know more about the Arthroscopic Shaver Market and latest technological developments in the Arthroscopic Shaver Market.