In addition, Stryker recently launched its own platform in an effort to gain market share in the rapidly growing U.S. hip arthroscopy market, which logged 4 million procedures in 2010.
Meanwhile, the rotator cuff suture anchor market is headed for strong growth, due to a shift to double-row repair, price-premium knotless suture anchors and biocomposite anchors, according to the release The biocomposite segment is expected to grow six-fold by 2017. In 2010, Arthrex was the only company with a biocomposite knotless anchor.
Read the iData release on hip arthroscopy.
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