Arthroscopy Fluid Management Disposables Market to Reach $347.7 Mn by 2027; Increasing Adoption of All-arthroscopic Latarjet (aL) Procedures to Strengthen Growth

The global arthroscopy fluid management disposables market size is expected to reach USD 347.7 million by 2027. The increasing geriatric population will contribute significantly to the growth of the global market, mentioned in a report, titled “Arthroscopy Fluid Management Disposables Market Size, Share & COVID-19 Impact Analysis, By Product (Pump Management Disposables and Gravity Management Disposables), By Application (Hospitals, Medical Centers, and Others) and Regional Forecast, 2020-2027.” The market size stood at USD 229.5 million in 2019 and is expected to exhibit a CAGR of 9.7% between 2020 and 2027.

Launch of Advanced Fluid Management Systems to Augment Growth

In the year 2019, Stryker launched its Stryker CrossFlow arthroscopic pump. The device boosts of ReconiSense Technology developed by Stryker that allows to optimize pump suction rates for RF probes, burs and cutters used in arthroscopic surgeries. Stryker also incorporated a surgeon customizable feature in the software where a particular surgeon could save a default program of inflow and out flow of fluid during the surgery. Such ease of operation and comfort of the device is estimated to augment market growth in the foreseen years. Furthermore, recently Arthrex has developed Dual Wave arthroscopic pump that has an option to select inflow only and inflow and outflow for fluid management during arthroscopic surgery. Such an option gives the surgeon to have a better control over the procedure when any complications arise.

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Implementation of Innovative Procedures to Support Business

The increasing technological advancements have enhanced the capability of arthroscopic procedures, which, in turn, will foster the growth of the market. The growing demand for fluid management systems owing to its ability to optimize the visualization process will augur well for the global market. For instance, in July 2019, Smith & Nephew announced the first-ever prospective clinical trial results to evaluate the effectiveness of repairing Horizontal Cleavage Tears (HCTs) using Smith & Nephew's NOVOSTITCH Meniscal Repair System. Moreover, the growing adoption of the all-arthroscopic Latarjet (aL) procedure for managing recurrent shoulder instability can spur opportunities for the arthroscopic fluid management disposables market.  For instance, in September 2019, researchers from Villa Maria Cecilia Hospital and Campus Bio-Medico University, Italy, reported that the arthroscopic Latarjet procedure is a potential solution for managing recurrent anterior shoulder instability.

Introduction of Novel Arthroscopic Systems by Key Players to Encourage Growth

The market is dominated by prominent companies operating in the market owing to their diversified product portfolio and robust distribution networks. The growing focus on innovative arthroscopic systems by companies to cater to the demand of patients and hospitals will bode well for the market. Stryker and Smith & Nephew are expected to hold a major share in the market. Other players operating in the market are DePuy, ConMed, Zimmer Biomet, Karl Storz, and other players. The key players are adopting strategies such as partnerships and collaborations to strengthen their position in the market.

The report Lists the Key Companies in the Arthroscopy Fluid Management Disposables Market:

• Arthrex (U.S)
• Stryker (U.S)
• Smith & Nephew (U.K)
• DePuy (U.S)
• Zimmer Biomet (U.S()
• ConMed (U.S)
• Karl Storz (Germany)
• Richard Wolf (U.S)
• Other Players

Further Report Findings:

• Regional Analysis: Europe is expected to experience a rapid growth rate during the forecast period with high adoption of new orthopedic device technologies in the region. The well-established healthcare infrastructure and favorable reimbursement policies will bolster the healthy growth of the market in the region.
• Leading Segment: The hospital segment is expected to account for the largest share owing to the increasing number of orthopedic surgeries performed in hospitals. The growing number of hospital visits by patients with orthopedic injuries will boost the segment’s growth.

The global Market for Arthroscopy Fluid Management Disposables is Segmented into: