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:5/30/2016)... ... 30, 2016 , ... "This plugin comes with 60 customizable ... CEO of Pixel Film Studios. , TransPack Volume 7 features over 60 ... abstract transitions to more simple wipes with blur & drop shadow options. Utilize ...
(Date:5/30/2016)... ... May 30, 2016 , ... Another ER facility operated by ... located at 3960 Legacy Drive, Plano, TX and is open 24 hours daily. , ... followed by a medical open house. The Jasper High School band entertained attendees and ...
(Date:5/29/2016)... Aliso Viejo, CA (PRWEB) , ... May 29, 2016 , ... ... Web Volume 3 let's the user control the style of their project," said Christina ... a set of 30 self-animating web-themed intros created exclusively for use in Final Cut ...
(Date:5/28/2016)... ... May 28, 2016 , ... May 26, 2016- In search ... Fighting Challenge with theme event of “K Warriors” on June 4, 2016 at Ashbury ... , The event is sponsored and hosted by Shaolin Institute and sanctioned by KSF ...
(Date:5/27/2016)... ... May 27, 2016 , ... More than a third of ... not surprising that bariatric surgery has received increased attention in recent years, as an ... when it comes to weight loss, most people are familiar with the basic requirements ...
Breaking Medicine News(10 mins):
(Date:5/25/2016)... GERMANTOWN, Maryland , May 25, 2016 ... bedient dringenden Bedarf zur ... QIAGEN N.V. (NASDAQ: QGEN ; Frankfurt ... und Entwicklungsvereinbarung mit Therawis Diagnostics GmbH zur Entwicklung ... zu sein. Ein erstes Projekt wird die Entwicklung ...
(Date:5/25/2016)... 2016  According to Kalorama Information, the world ... 2015.  Though these are challenging times in the ... success for companies that remain optimistic and seek ... growth prospects medical device companies spend a higher ... (R&D) than do companies in other industries.  Also, ...
(Date:5/25/2016)... May 25, 2016  Granger Diagnostics today announced immediate ... wounds and infections. This test ensures discovery of ... viruses. The test requires only a simple swab of ... David G. Bostwick , MD, Chief Medical ... wound healing: "We are excited to make available, ...
Breaking Medicine Technology: