|[February 20, 2014]
Research and Markets: Global Arthroscopy Devices Market 2014-2018: CAGR, Market Size, Forecasts till 2018
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/p54r57/global)
has announced the addition of the "Global
Arthroscopy Devices Market 2014-2018" report to their offering.
The analysts forecast the Global Arthroscopy Devices market 2014-2018 to
grow at a CAGR of 6.22 percent over the period 2013-2018. One of the key
factors contributing to this market growth is the increasing aging
population. The Global Arthroscopy Devices market has also been
witnessing the increasing small-joint and hip arthroscopy procedure
volumes. However, the lack of reimbursement benefits could pose a
challenge to the growth of this market.
Key vendors dominating this space include Arthrex Inc., CONMED Corp.,
Johnson & ohnson and Smith & Nephew plc.
Other vendors mentioned in the report are ArthroCare Corp., Biomet Inc.,
KARL STORZ GmbH & Co. KG, Olympus Corp., StryKer Corp. and Richard Wolf
Medical Instruments Corp.
Commenting on the report, an analyst from the team said: There has been
an increase in the small-joint and hip arthroscopy procedure volumes
over the past decade. There has been an increasing number of trained
physicians that perform hip arthroscopy for the diagnosis and treatment
of hip pain as well as the removal of loose bodies in the hip joint. The
reduction in the dimensions of arthroscopic devices and the improvement
in understanding the internal anatomy of small joints have led to
arthroscopically evaluating and treating various disorders. Certain
companies such as ArthroCare, ConMed, Smith & Nephew, and Stryker have
developed specialized devices for hip arthroscopy that include
extended-length arthroscopes, radio frequency probes, and power shaver
According to the report, one of the main drivers in this market is the
increasing aging population. The increasing prevalence of
musculoskeletal disorders and joint injuries in the rising aged
population has increased the demand for arthroscopy devices for the
early diagnosis of joint disorders.
For more information visit http://www.researchandmarkets.com/research/p54r57/global
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