The global market for arthroscopic shavers was estimated to be worth US$ 1.88 billion in 2022, and Growth Plus Reports' deep-dive market assessment report forecasts that market revenue will grow at a CAGR of 5.3% to reach US$ 3.0 billion by 2031.
What is the significance of using an arthroscopic shaver?
Arthroscopic shavers are an essential tool in minimally invasive surgeries to remove damaged tissue from joints. These shavers use a rotating blade to shave away the damaged tissue, allowing for effective treatment of joint conditions such as arthritis and cartilage damage. The global arthroscopic shavers market is expected to grow over the next few years due to the increasing prevalence of joint disorders and the growing demand for minimally invasive surgeries.
Which are the top companies manufacturing Arthroscopic Shavers?
Some of the market players manufacturing arthroscopic shavers include Stryker, DePuy Synthes, Arthrex, and Smith & Nephew.
What is driving the market for arthroscopic shavers?
Which are the key factors restraining the global market?
The high cost of arthroscopic shavers is a major restraint for the market. The cost of these shavers can be significant, and this can limit their adoption, particularly in developing countries. In addition, the lack of skilled professionals to operate these shavers is another major restraint for the market.