The global arthroscopy RF system market is expected to grow at a significant CAGR during the forecast period (2024-2031). Arthroscopy is a surgical procedure that allows orthopedic surgeons to see within a joint, detect problems, and treat them. An orthopedic surgeon uses a small incision in the patient’s skin to insert pencil-sized equipment that includes a small lens and a lighting system to enlarge and highlight objects inside the joint during an arthroscopic inspection. Light is sent to the end of the arthroscope that is put into the joint through fiber optics.
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RF Arthroscopy systems are becoming popular for examining bone joints for problems such as osteoarthritis, rheumatoid arthritis, tendonitis, and bone tumors. The rise in the prevalence of musculoskeletal illnesses (osteoarthritis and rheumatoid arthritis) as a result of the rapidly aging population is the primary driver for the increase in the demand for arthroscopy treatment. Furthermore, the market is expected to grow due to an increase in the frequency of sports injuries where arthroscopy surgery might be used for the reconstruction of joints.
Participation in organized sports is on the rise, according to the US Centers for Disease Control and Prevention (CDC). 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 US. These figures show an increase in the number of injuries that necessitate arthroscopy treatments, which is projected to drive the market.
Degenerative knee disease among the elderly is becoming more common as the geriatric population grows. According to the World Health Organization (WHO), approximately 25% of persons over the age of 50 suffer from degenerative knee disease, which causes knee discomfort. The pain is debilitating, and a knee replacement treatment is frequently the last and only option for relief. The demand for knee arthroscopy is gaining significance due to the rising prevalence of sports injuries, particularly those sustained in contact sports. Thus, the bipolar arthroscopy RF system segment is expected to witness significant growth due to rising incidences of degenerative knee disease during the forecast period, as it reduces scarring and infection after surgery.
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Market Coverage
- Segment Covered-
o By Type – Monopolar and Bipolar
o By Application – Knee Arthroscopy, Hip Arthroscopy, Spine Arthroscopy, Foot and Ankle Arthroscopy, Shoulder and Elbow Arthroscopy, and Other Arthroscopy Applications
o By End User – Hospitals, Ambulatory Surgery Centers and Clinics
- Competitive Landscape: Smith and Nephew plc, Arthrex, Inc., Stryker Corp., Johnson and Johnson, and Conmed Corp.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Arthroscopy RF System Market Report
By Type
- Monopolar
- Bipolar
By Application
- Knee Arthroscopy
- Hip Arthroscopy
- Spine Arthroscopy
- Foot and Ankle Arthroscopy
- Shoulder and Elbow Arthroscopy
- Other Arthroscopy Applications
By End-User
- Hospitals
- Ambulatory Surgery Centers
- Clinics
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