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By Research Analyst Matthew Choi and Jeffrey Wong
Hip arthroscopy is a minimally invasive procedure commonly performed to treat femoralacetabular impingement (FAI) and labral tears. The number of people affected by FAI and labral tears is currently unknown due to a lack of proper diagnostic tools and the fact that most conditions remain asymptomatic. The U.S. market for hip arthroscopy is undergoing significant growth in response to technological innovation and changes in the competitive landscape. The major segments affected by this growth are radiofrequency probes, hip access kits, suture anchors, and suture passers.
Increasing Demand for Hip Arthroscopy
Surgeons are starting to transition from open hip surgeries to arthroscopic procedures. Overall, the hip arthroscopy market is experiencing growth. Hip arthroscopy gained traction in the 1980s, but advancements in diagnosis and techniques are relatively recent. Labral tears and FAI are the most common conditions treated with hip arthroscopy. However, these disorders were hard to diagnose and are usually asymptomatic. With the recent advancements in technology, FAI has been easier to diagnose with better clinical examinations, radiological imaging with magnetic resonance arthrography (MRA), and computed tomography (CT) technology. With the increase of diagnoses, procedure growth should rise accordingly.
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For Further Information
More on the arthroscopic device market in the US can be found in a report published by iData Research entitled U.S. Market Report Suite for Arthroscopic Devices 2017 – MedSuite. The covers the following markets: Cannula Device Market, Hand Instrument Market, Fluid Management Disposables Market, Power Instrument and Shaver Blade Market, Radiofrequency Probe Market, and the Drill Guide Systems and Disposables Market.
Reports also provide a comprehensive analysis including units sold, procedure numbers, market value, forecasts, as well as detailed competitive market shares and analysis of major players’ success strategies in each market and segment. To find out more about arthroscopic device market data or procedure data, register online or email us at [email protected] for a U.S. Market Report Suite for Arthroscopic Devices 2017 – MedSuite brochure and synopsis.
About iData Research
iData Research is an international market research and consulting firm, dedicated to providing the best in business intelligence for the medical device industry. Our research empowers our clients by providing them with the necessary tools to achieve their goals and do it right the first time. iData covers research in: Dental Operatory Equipment, Dental Material, Dental Lasers, Dental Prosthetics, Dental CAD/CAM, Dental Bone Graft Substitutes, Ultrasound, X-Ray Imaging, Diagnostic Imaging, Oncology, Ophthalmics, Vascular Access, Laparoscopy, Urology, Gynecology, Endoscopy, Interventional Cardiology, Cardiac Surgery, Cardiac Rhythm Management, Electrophysiology, Operating Room Equipment, Surgical Microscopes, Robotics and Surgical Navigation, Spinal Implants and VCF, Spinal MIS, Orthopedic Soft Tissue Repair and Regeneration, Orthopedic Trauma, Large & Small Joints, Anesthesiology, Wound Management, Orthopedics and more.
We have built a reputation and earned our clients’ trust based on consistent and uniquely intelligent research that allows our customers to make confident decisions and impact their businesses. A combination of market expertise and over a decade of experience has resulted in a deep understanding of the medical device industry that has inspired innovation and propelled our clients to success.
About Procedure Tracker
Procedure number data is available from iData’s Procedure Tracker service, which allows subscribers to define and analyze procedure data segmented by state, region, hospital, surgery centre, and physician. A customizable dashboard sorts procedure data for further analysis and research.
About Reimbursement Tracker
iData Research’s Reimbursement Policy Tracker enables medical device, dental, pharmaceutical and healthcare professionals to receive real-time policy updates from hundreds of insurance companies and 60,000+ policies across all therapeutic areas in the United States.
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