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European Markets for Arthroscopic Devices
European markets for arthroscopic devices
Millennium Research Group, A Decision Resources, Inc. Company
Market Overview

In 2005, the European arthroscopy device market, covering France, Germany, Italy and the United Kingdom, was valued at over $250 million. Over the forecast period, the market will achieve moderate growth, driven mainly by procedure expansion and by the greater penetration of newer, more expensive device innovations. For example, premium-priced resorbable devices used in shoulder and knee repair, and suspensory fixation devices for anterior cruciate ligament (ACL) and posterior cruciate ligament (PCL) repair continue to gain in popularity. A major limiter of the arthroscopy device market, however, is reluctance among health system administrators with limited budgets to acquire capital equipment. As such, discounting and lending of capital goods ...

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