Europe Arthroscopy Devices Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

Europe Arthroscopy Devices Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

Certain factors that are driving the European arthroscopy devices market growth include increasing incidences of sports injuries, rising geriatric population, and technological advancements in arthroscopic implants. Fractures, strains, sprains, and dislocations are the most common sports injuries. The usual self-treatment recommended for these injuries includes rest, ice, compression, and elevation (RICE). For serious injuries that need more attention, arthroscopy could be recommended, depending on the situation. Injuries can occur in various places and can be of various types. Some of the common injuries include shoulder, hip, knee, elbow, wrist, or ankle injuries; cartilage tears or ligament injuries; inflammation of the lining of the joints; removal of loose fragments of bone or cartilage that become lodged in a joint; and osteoarthritis caused by cartilage loss in a joint. Some of these may require arthroscopic surgery, as it is helpful in their diagnosis and treatment.

Due to an increase in the geriatric population, in Europe, degenerative knee disease is largely increasing in prevalence. According to the WHO, across the EU member states, diagnosis of knee disorders, including osteoarthritis prevalence varies from 2.8% in Romania to 18.3% in Hungary. The pain is impairing in nature, and often, a knee replacement procedure is the final and only resort to alleviate pain. Arthroscopic knee surgery for degenerative knee disease is the most common orthopedic procedure in European countries. The demand for knee arthroscopy is increasing in the region, due to the increasing prevalence of sports injuries, particularly those acquired through contact sports.

The European arthroscopy devices market is highly competitive and consists of a number of major players. Companies, like Arthrex Inc., Conmed Corporation, Johnson & Johnson (DePuy Synthes), Karl Storz GmbH & Co. KG, Medtronic PLC, Richard Wolf GmbH, Smith & Nephew PLC, and Stryker Corporation, among others, hold a substantial market share in the European arthroscopy devices market.

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