Friday 28 February 2014

Global Arthroscopy Devices Market 2014-2018

Reportstack has announced a new market research publication on Global Arthroscopy Devices Market 2014-2018. The following companies are the key players in Global Arthroscopy Devices Market: Arthrex Inc., CONMED Corp., Johnson & Johnson and Smith & Nephew plc.

“There has been an increase in the small-joint and hip arthroscopy procedure volumes over the past decade. There has been an increasing number of trained physicians that perform hip arthroscopy for the diagnosis and treatment of hip pain as well as the removal of loose bodies in the hip joint. The reduction in the dimensions of arthroscopic devices and the improvement in understanding the internal anatomy of small joints have led to arthroscopically evaluating and treating various disorders. Certain companies such as ArthroCare, ConMed, Smith & Nephew, and Stryker have developed specialized devices for hip arthroscopy that include extended-length arthroscopes, radio frequency probes, and power shaver blades.”

According to the report, one of the main drivers in this market is the increasing aging population. The increasing prevalence of musculoskeletal disorders and joint injuries in the rising aged population has increased the demand for arthroscopy devices for the early diagnosis of joint disorders.

Further, the report states that one of the major challenges in the market is the lack of reimbursement benefits by insurance companies for arthroscopic procedures. This has resulted in limiting the number of procedures performed as not many people can afford them.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150214/global-arthroscopy-devices-market-2014-2018.html

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