Global arthroscopic procedures are on rise, owing to their mounting scope and usage in the diagnosis and treatment of ankles, elbow, wrists, and hips, apart from knees. The number of arthroscopic shoulder procedures is also expected to increase with the introduction of advanced knotless fixation systems. Growth in the US market is mainly driven by the use of arthroscopic procedures for examination and cure of orthopedic problems. Asia-Pacific and Latin American countries are anticipated to be the hub of future market growth, as progressively large amount of funds are allocated for the development of healthcare infrastructure in these countries.
The arthroscopy market is driven by increased utilization in sports-related injuries, as majority of orthopedic surgeons find arthroscopic surgeries to be less risky. Advancements in
endoscopes, fluid management systems, cameras, powered instruments, displays, and hand tools are encouraging surgeons to prefer the use of arthroscopic devices to open procedures.
arthroscopes market (http://www.strategyr.com/Arthroscopes_Market_Report.asp) is mainly concentrated in three regions
including United States, Europe, and Japan, as stated by Global Industry Analysts, Inc. The three regions account for more than 85% of the global market for arthroscopy. Asia-Pacific and
Latin America, with CAGRs of 11% and 9.5% respectively, constitute the two fastest growing markets during the period 2001-2010.
Globally, Visualization Instruments represent the largest as well as the fastest growing segment. In United States, visualization instruments market (http://www.strategyr.com/Arthroscopes_Market_Report.asp) is projected to reach $515 million by 2010. resection instruments
market (http://www.strategyr.com/Arthroscopes_Market_Report.asp) in Japan is estimated at $83 million in 2008.
France, Germany, Italy, and UK account for more than 70% of the arthroscopy market in Europe. Economic growth, corresponding increase in living standard, and aging population would
continue to create a greater demand for better healthcare facilities in the Asia-Pacific region. access instruments market (http://www.strategyr.com/Arthroscopes_Market_Report.asp) in the region is estimated at $24 million for 2008.
Worldwide arthroscopy equipment and accessories market is dominated by Smith & Nephew. Rest of the market presents an extremely fragmented scenario, and involves the presence of
numerous players from Europe and United States. Major players operating in the global arthroscopes market include Arthrex, ArthroCare Corp, Biomet, CONMED Corp, Davol Inc., DePuy Inc.,
Precision Optics Corporation, Smith & Nephew, Stryker Corp, and Zimmer Holdings.
The report titled "Arthroscopes: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the market over the period 2001-2015, while historic analytics
provide an overview of the market's performance in the past (1991-2000). The study highlights enhanced demand for resorbable technologies, and increased use of arthroscopic devices for
sports-related injuries. Analysis is presented for United States, Canada, Japan, Europe, Asia-Pacific and Latin America.
For more details of this research report please visit http://www.strategyr.com/Arthroscopes_Market_Report.asp
About Global Industry Analysts, Inc.
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