Keyhole Orthopaedic Surgery Market Projected to Achieve a 6% to 7% Value CAGR by 2032 – FMI Projection

By the end of 2032, the global  keyhole orthopaedic surgery market is predicted to generate additional opportunities worth over US$ 8 billion. By 2022, keyhole orthopaedic surgery demand is predicted to exceed US$ 5.5 billion, growing at a compound annual growth rate (CAGR) of 6% to 7% between 2022 and 2032.

Keyhole orthopaedic surgery is a minimally invasive treatment that surgically examines and fixes bone, cartilage, and ligament injuries. Keyhole orthopaedic surgery is inserting a tiny tube with a camera at one end into a joint through a small hole in the skin. Hence, the pictures produced by the arthroscope assist the surgeon in assessing joint damage and inserting surgical tools at the appropriate place without requiring open surgery.

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Keyhole Orthopaedic Surgery: Market Dynamics

Keyhole orthopaedic surgery appears to be growing in the market due to an ageing and obese population, as well as advancements in newest technologies, which will drive the worldwide keyhole orthopaedic surgery market. Keyhole orthopaedic surgery has grown in favour among physicians because to its minimal risk of infection and reduced pain for patients. Aside from that, keyhole orthopaedic surgery has a much faster recovery time and leaves fewer scars, which will drive the worldwide keyhole orthopaedic surgery market.

Furthermore, keyhole orthopaedic surgery minimises length of stay and blood loss after surgery, which has fueled the expansion of the keyhole orthopaedic surgery market. However, the high cost of equipment and treatment may limit the growth of keyhole orthopaedic surgery. Also, competent specialists are required to perform such minimally invasive surgery, which may impede the growth of the keyhole orthopaedic surgery market. Furthermore, post-operative complications are expected to stymie the expansion of the keyhole orthopaedic surgery market.

Keyhole Orthopaedic Surgery Market: Overview

Keyhole orthopaedic surgery is projected to drive market growth. Increased orthopaedic surgeries are expected to predict market expansion. Many new tools for keyhole orthopaedic surgery have been introduced to the market as technology has advanced.

Stryker, for example, launched four visualisation technologies for keyhole orthopaedic surgery in March 2019 in order to improve patient efficiency and outcomes, including HipCheck, 1688 AIM 4K Platform, and others. Keyhole orthopaedic surgery has gained appeal in the market due to the fact that it is connected with reduced discomfort and producing efficient results with minimum skin scars. With the use of arthroscopy, the surgeon is able to spot the damage in the joint, reducing treatment time while also providing appropriate treatment. As a result, all of these factors are projected to contribute significantly to the growth of the keyhole orthopaedic surgery market.

Keyhole Orthopaedic Surgery: Region-wise Outlook

The global urological imaging system market is divided into seven primary regions based on geography: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and the Middle East and Africa. North America is expected to represent the greatest proportion of the keyhole orthopaedic surgery market due to rising demand for minimally invasive surgeries and an ageing population, which is expected to drive the total keyhole orthopaedic surgery market.

Europe’s keyhole orthopaedic surgery market is expected to increase rapidly because to advances in osteology and the adoption of new instruments and procedures. Due to rising healthcare expenditure and need for novel treatments, Asia Pacific has the potential to stimulate the growth of the keyhole orthopaedic surgery market. Because of its elderly population and improved healthcare infrastructure, Japan has the potential to expand the entire keyhole orthopaedic surgery market. Because of a lack of competent healthcare facilities and a lack of understanding about innovative treatments, the Middle East and Africa have less of an impact on the total keyhole orthopaedic surgery industry.

Keyhole Orthopaedic Surgery Market: Key Players

Some of the key players present across the value chain of the global keyhole orthopaedic surgery market are Stryker Corp., Surgical Holdings, Geister Medizintechnik GmbH, STI Laser Industries, Ltd, Zimmer Biomet, DePuy Synthes, Smith & Nephew, DJO Global, Medtronic Spinal, Integra Lifesciences, Globus Medical, NuVasive Inc., Wright Medical.

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Keyhole Orthopaedic Surgery Market: Segmentation

The global urology imaging systems market is segmented by indication and end user.

Segmentation by Indication

  • Torn meniscus
  • Torn or damaged cruciate ligament
  • Inflamed synovial tissue
  • Torn pieces of articular cartilage
  • Misalignment of patella
  • Baker’s cyst

Segmentation by End User

  • Hospitals
  • Orthopaedics Clinics
  • Ambulatory Surgical Centers
  • Diagnostics Centers

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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