Arthroscopic Visualization Instrument Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

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Date Submitted: 05/26/2014 05:20 AM

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Arthroscopic Visualization Instrument Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019 Arthroscopy can be defined as a surgical procedure utilized to diagnose, treat and visualize problems inside a joint of bone. An arthroscopic visualization instrument (endoscope) is used to visualize the interior structure of a joint (bone). Arthroscopy is considered as a minimally invasive surgery essential for diagnosis and treatment of various joint diseases such as ligament tear, osteoarthritis, rheumatoid arthritis, cartilage tear and for the surgical removal of the fluid from the swollen joint tissue. Arthroscopy is mostly performed for the treatment of knee joint, shoulder joint, wrist joint, ankle joint and hip joint. Arthroscope is a sophisticated instrument utilized for the diagnosis of joint injuries. The arthroscope is attached to the television camera by which the surgeon is able to visualize interior part of the joint. American Orthopedic Society for Sports Medicine stated that, nearly 4 million knee arthroscopies and 1.4 million shoulder arthroscopies are performed every year worldwide. The market for arthroscopic visualization instrument includes varied devices such as fluid management systems, arthroscopic shavers, implants, powered tools and other visualization systems. Some of the factors driving the growth of arthroscopic visualization instrument market include superiority of minimally invasive surgeries over conventional surgical methods, less painful surgical procedure with the utilization of arthroscopic visualization instrument and effectiveness of arthroscopy in the management of geriatric population. On the other hand hike in excise tax on medical devices in the U.S. may hinder the growth of the global arthroscopic visualization instrument market. Car and bike accidents are considered as the common cause for arthroscopy across the world. Nearly 1.24 million deaths occur due to traffic accident in every year...