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Advances in arthroscopy to transform surgical techniques

Source:GBI Research Release Date:2013-01-31 151
Medical Equipment
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Joint surgery market moving in the right direction due to arthroscopy advances, reports GBI

NEW YORK -- Research and Development (R&D) in arthroscopy over the last couple of decades has proved to be a milestone, transforming the treatment and recuperation of patients and tackling a major healthcare issue associated with aging, according to a new report by GBI Research.

The new report* states that the growing elderly population around the world are the cause of an increasing global prevalence of osteoarthritis, which causes degeneration of articular cartilage.

This report looks at the market landscape, competitive landscape, and market trends for the six arthroscopy device market segments: arthroscopes, arthroscopy shavers, arthroscopy Fluid Management Systems (FMSs), arthroscopy implants, arthroscopy radio frequency systems, and arthroscopy visualization systems. It provides comprehensive information on the key trends affecting these segments, key analytical content on the market dynamics, and a review of the competitive landscape, alongside a detailed analysis of each segment’s pipeline products, and details of important M&A deals.

The global arthroscopy devices market was valued at US$3.1 billion in 2011, and is forecast to exceed US$4.3 billion by 2018 at a Compound Annual Growth Rate (CAGR) of 4.9%. The global arthroscopy implants market was valued at US$1.2 billion in 2004 and grew to US$1.8 billion in 2011 at a CAGR of 6.2%.

The developing obesity problem in various nations is also an issue, with obesity being the second largest risk factor after aging for the onset of osteoarthritis, as individual’s joints are placed under a great deal of physical stress.

A high volume of knee and shoulder arthroscopy procedures, as well as the evolution of hip arthroscopy, is driving the growth of the arthroscopy implants market, and new minimally invasive surgical techniques and sophisticated implant materials have boosted the popularity of arthroscopies considerably.

Arthroscopy implants are less invasive than more traditional techniques such as joint reconstruction, arthroscopic rotator cuff repair and Anterior Cruciate Ligament (ACL) repair, and thanks to recent improvements in arthroscopy implants and techniques, they are becoming more common . The use of innovative bio-absorbable materials in the design of arthroscopy implants also helps provide high-level mechanical strength for joints and promotes natural healing and bone growth.

The minimally invasive procedures additLebron James Shoes

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