According to FutureWise analysis the market for Arthroscopic Shaver in 2023 is US$ 1.84 billion, and is expected to reach US$ 2.9 billion by 2031 at a CAGR of 5.80%.
Arthroscopic shavers are motorised systems used during arthroscopic joint surgery operations to resect soft tissue and bone. Arthroscopic shavers are made up of three parts: an electric/pneumatic power supply unit, dedicated software that provides optimal parameters for certain treatments and saves previous settings, and a display of operational data. Arthroscopic shaving is a novel surgical procedure that involves cleansing the joint area by removing soft tissue like synovium and denser tissues like degenerative cartilage, as well as meniscus trimming. In orthoscopic debridement, the arthroscopic shaver has been extremely useful. Arthroscopy is used to treat joints surgically, and an arthroscopic shaver is utilised to remove ligament remnants. Arthroscopy is a surgery in which a tiny camera is inserted into the joint through a small incision to repair damaged structures. The invention of the arthroscopic shaver has revolutionised the detection and treatment of a variety of illnesses. Grip, shaft, and tip make up an arthroscopic shaver blade. The device is used to treat orthopaedic conditions such as arthritis, trauma, shoulder tendon tears, knee cartilage tears, and ligament tears. The global arthroscopic shaver market is expected to expand as the world's geriatric population grows. The amount of arthroscopic procedures has increased as the number of sports injuries has increased. The demand for arthroscopic shavers is increasing as the incidence of orthopaedic illnesses rises. The worldwide arthroscopic shaver market is expected to increase due to technological advances in arthroscopic shavers such as long-lasting consumables and improved blade strength. The global arthroscopic shaver market is driven by an increase in the geriatric population and an increase in orthopaedic situations. The global arthroscopic shaver market is boosted by orthopaedic illnesses such as cartilage tear in the knee, ligament tear in the knee, and tendon rip in the shoulder. The global market is expected to be hampered by rising desire for quick patient recovery, high cost of shavers, and rising costs of arthroscopy surgical procedures. The need for arthroscopic shavers is increasing as a result of technological improvements and manufacturing organisations' R D research. In orthopaedic surgery studies, pneumatic and electric shavers are offered. These new technologies can be used to determine whether joint cartilage treatment is safe.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Arthroscopic Shaver Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Arthroscopic Shaver Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.