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:12/8/2016)... ... 2016 , ... After enjoying record-breaking attendance at its last ... 33rd Annual Issues & Research Conference, March 2-3, 2017, at the Westin ... is “Persistent Challenges and New Opportunities: Using Research to Accelerate the Dialogue." 2016 ...
(Date:12/8/2016)... ... ... CURE Media Group, the nation’s leading digital and print media enterprise focused on ... efforts to combat lung cancer, announced CURE Media Group President Michael J. Hennessy, Jr. ... honored to team up with Upstage Lung Cancer in order to make major strides ...
(Date:12/8/2016)... (PRWEB) , ... December 08, ... ... Presence Suite 10.2 version gives development continuity to its innovative Unified Instance ... channels management capacity. In addition, this new version optimizes the unattended auto-dialing ...
(Date:12/8/2016)... Peachtree City, Ga (PRWEB) , ... December 08, ... ... and moving as soon after surgery as possible. With this in mind, SIGVARIS ... vein thrombosis (DVT or blood clot) during bed rest and provide the benefits ...
(Date:12/8/2016)... ... December 08, 2016 , ... The ... offices headquartered in Jefferson County, is announcing the launch of a charity drive ... The number of homeless women and children in Birmingham has grown steadily since ...
Breaking Medicine News(10 mins):
(Date:12/8/2016)... 8, 2016  Diplomat Pharmacy, Inc. (NYSE: DPLO) has been recognized ... Top Workplaces National Standard. To learn more about ... ... Inc.) ... survey administered by WorkplaceDynamics, LLC, a research firm specializing in organizational ...
(Date:12/8/2016)... Research and Markets has announced the addition ... Adhesion Type, Application, Usability - Forecast to 2025" report to ... , , ... poised to grow at a CAGR of around 3.2% from 2015 ... witnessing include advancements in extracellular microelectrode arrays and intracellular microelectrodes, research ...
(Date:12/8/2016)... Dec. 8, 2016  Pennsylvania Physician General Dr. ... and Alcohol Programs Gary Tennis released ... known as benzodiazepines, developed with the help of ... medications that are frequently prescribed for anxiety or ... used with opioid pain medications, benzodiazepines pose a ...
Breaking Medicine Technology: