Navigation Links
Hip Arthroscopy Procedures to Soar Through 2013
Date:7/8/2009

WALTHAM, Mass., July 8 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, over 30,000 hip arthroscopy procedures were performed in 2008 -- a number set to grow at an average annual growth rate of over 15% over the next five years. This will catapult procedure volumes to more than 70,000 annually by 2013, according to MRG's new US Markets for Arthroscopy Devices 2009 report.

This notable growth will result from the increasing number of physicians being trained to perform hip arthroscopy, which is used for indications ranging from the diagnosis and treatment of hip pain to the removal of loose bodies in the hip joint. The expanding number of trained surgeons performing hip arthroscopy is driven in part by the establishment of more sports medicine fellowship programs. Performing hip arthroscopy is also very lucrative for surgeons due to favorable reimbursement rates for hip procedures.

"As a result of several factors, more surgeons will be trained to offer hip arthroscopy, increasing patient accessibility to procedures," says Lexie Code, Manager of MRG's Endoscopy division. "Companies such as ArthroCare, CONMED Linvatec, Smith & Nephew, and Stryker have also been developing specialized devices for hip arthroscopy, including extended-length arthroscopes, radiofrequency probes, and power shaver blades. Increased use of these higher-priced specialty devices will have a positive effect on market value over the next five years."

MRG's US Markets for Arthroscopy Devices 2009 report covers the markets for shoulder suture anchors, knee ligament reconstruction, powered shaver disposables, radiofrequency (RF) probes, fluid management disposables, meniscus repair devices, arthroscopes, rotator cuff reinforcement (RCR) grafts, knee cartilage repair, hand instruments, and reprocessed arthroscopic devices. This report allows clients to gain valuable insight into this rapidly evolving market and understand what new technologies will propel market growth over the next five years.

About Millennium Research Group

Millennium Research Group (www.MRG.net), a Decision Resources, Inc. company (www.DecisionResourcesInc.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the health care sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack(TM) projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources, Inc.

Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the health care industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at www.DecisionResourcesInc.com.

All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.

    For more information, contact:

    Amy Krohn
    Millennium Research Group
    416-364-7776 x101
    akrohn@mrg.net

    Elizabeth Marshall
    Decision Resources, Inc.
    781-296-2563
    emarshall@dresources.com


'/>"/>
SOURCE Millennium Research Group
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Paolo Aglietti, MD, President of the International Society of Knee Surgery and Arthroscopy, Inducted into Sports Medicine Hall of Fame
2. 3T MRI can detect wrist ligament tears, possibly eliminating need for invasive arthroscopy
3. UK junior doctors gaining less experience of common procedures
4. Smoking can harm the long-term effects of some oral surgery procedures
5. Study Shows Cosmetic Surgery on the Rise as Safety and Efficacy of Procedures Increase
6. New Device for Clearing Blocked Arteries in the Legs Receives FDA Clearance for Peripheral Use - Procedures Performed Across the US Within First 48 Hours
7. Decrease in the use of radiotherapy procedures for the treatment of cancer in hospitals
8. Prominent Farmington Plastic Surgeon Uses Two New Non-Surgical Procedures to Tighten Skin and Remove Fat
9. UI researchers seek to ease childrens pain during medical procedures
10. Non-Invasive Fat-Melting Procedures - Hype or Reality?
11. Patients need to know that nuclear medicine procedures can trigger radiation alarms
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/16/2017)... ... January 16, 2017 , ... Atlanta-based incentive company Incentive ... the wheelchair accessibility industry, BraunAbility . Incentive Solutions will provide BraunAbility a ... vehicles. With this new incentive plan, BraunAbility plans to continue their tradition of ...
(Date:1/16/2017)... ... January 16, 2017 , ... Date aired: January 9, ... , Sharon Kleyne, America’s leading water educator, researcher and advocate welcomed health activist, ... The Sharon Kleyne Hour Power of Water, Global Climate Change and Your Health ...
(Date:1/16/2017)... ... January 16, 2017 , ... ... first-quality education and high-level training standards to an international multidisciplinary group of healthcare ... problems. As a way to further its mission at the grassroots level, iaedp ...
(Date:1/16/2017)... ... January 16, 2017 , ... San Francisco dentist, Dr. Ben Amini ... 3-D scanning device which is capable of taking digital impressions of teeth and gums. ... as CAD CAM restorations , in terms of speed, efficiency and patient comfort. ...
(Date:1/16/2017)... ... ... NexTec Group has been selected as a member of the Bob Scott’s VAR ... field of midmarket financial software. , Members of the VAR Stars were selected based ... on revenue and those firms chosen represent a wide range of size and many ...
Breaking Medicine News(10 mins):
(Date:1/16/2017)... , Jan. 16, 2017 CBDRx, the ... large amounts of phyto-nutrient rich hemp extract to Veteran,s ... donation of their proprietary hemp extract to Veteran,s groups ... the best hemp company in the world and through ... most nutritious, full spectrum phyto-nutrient rich hemp extract available. ...
(Date:1/13/2017)... Inc. ("InMed") (CSE: IN; OTCQB: IMLFF), today announced that ... at Eli Lilly & Company, has been appointed to InMed ... years of senior financial and executive leadership to InMed,s Board ... ... leadership position in financial and business expertise with one of ...
(Date:1/13/2017)... MURRIETA, Calif. , Jan. 13, 2017  Alfalfa, cattle, ... COPAN Diagnostic,s new environmental sampling film , which emphasizes the ... video, released today, highlights how COPAN,s ... product that simplifies the surface sampling process in the wake ... . In addition, COPAN is expanding ...
Breaking Medicine Technology: