This report analyzes the worldwide markets for Arthroscopes in Millions of US$. The specific product segments analyzed are Access Instruments, Visualization Instruments, Resection Instruments, and Repair Instruments. The report provides separate comprehensive analytics for the USA, Canada, Japan, Europe, Asia-Pacific, and Latin America. Annual forecasts are provided for each region for the period of 2001 through 2015. The report profiles 55 companies including many key and niche players worldwide such as Arthrex, Inc. Arthrocare Corp., Biomet, Inc., Biomet Sports Medicine, Inc., Conmed Corp., ConMed Linvatec, Davol, Inc., Johnson & Johnson, DePuy, Precision Optics Corporation, Smith & Nephew, Stryker Corp., and Zimmer Holdings, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

ARTHROSCOPES									MCP-3305
A GLOBAL STRATEGIC BUSINESS REPORT


                                             CONTENTS

  I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definition and Scope of Study                             I-3
       A. Access Instruments                                            I-3
       B. Visualization Instruments                                     I-4
       C. Resection Instruments                                         I-4
       D. Repair Instruments                                            I-4


 II. EXECUTIVE SUMMARY

  1. Industry Overview                                                  II-1
      Arthroscopy: A Keyhole Surgery                                    II-1
      Hip Arthroscopy - A Fast Expanding Market                         II-1
      Radio-Frequency Equipment Market Growing Sharply                  II-2
      Enhanced Usage for Sports-Related Injuries                        II-2
      Ushering in an Era of Digital Arthroscopy                         II-2
      New Innovations Attract Orthopedic Surgeons                       II-3
      Increasing Demand for Resorbable Technologies                     II-3
      Arthroscopy Equipment Goes Robotic                                II-3
      Market Growth Drivers                                             II-3
       Active lifestyles                                                II-3
       Technological Advances in Instrumentation                        II-3
       Aging Population                                                 II-4
       Increasing Preference for Arthroscopic Surgical Procedures       II-4
       Growing Use of Disposable Instruments                            II-4
      Competitive Scenario                                              II-4
     Table 1: Leading Players in the Global Arthroscopy Market (2005 & 
     2006): Percentage Breakdown of Value Sales for Arthrex,
     ArthroCare, Conmed (Linvatec), J&J (Depuy Mitek), Smith &
     Nephew, Stryker, and Others (includes corresponding
     Graph/Chart)                                                       II-5

     Table 2: Leading Players in the Global Access Arthroscopy
     Equipment and Accessories Market (2005 & 2006): Percentage
     Breakdown of Volume Sales for Conmed, Davol, Smith & Nephew,
     Stryker, and Others (includes corresponding Graph/Chart)           II-6

     Table 3: Leading Players in the Global Resection Arthroscopy
     Equipment and Accessories Market (2005 & 2006): Percentage
     Breakdown of Volume Sales for ArthroCare, Conmed, Smith &
     Nephew, and Others (includes corresponding Graph/Chart)            II-6

  2. Global Market Overview                                             II-7
      Analysis by Region                                                II-7
       United States - The Single Largest Market Worldwide              II-7
       Asia-Pacific and Latin America - Two Fastest Growing Markets     II-7
        Table 4: World Market for Arthroscopes (2001-2010):
        Geographic Regions Ranked by Growth - USA, Canada, Japan,
        Europe, Asia-Pacific (excluding Japan), and Latin America
        (includes corresponding Graph/Chart)                            II-7
      Analysis by Product Segment                                       II-8
     Visualization Instruments - The Largest Product Segment            II-8
        Table 5: World Market for Arthroscopes (2001-2010): Product
        Segments Ranked by Growth - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments (includes corresponding Graph/Chart)                II-8

  3. Arthroscopy - A Broad Perspective                                  II-9
      An Endoscopic Modality                                            II-9
       Laparoscopy                                                      II-9
      Arthroscopic Procedure                                            II-9
       Innovation Timeline in Arthroscopy                               II-10
      Arthroscopy Equipment and Accessories                             II-10
       Access Instruments                                               II-10
       Visualization Instruments                                        II-10
       Resection Instruments                                            II-10
       Repair Instruments                                               II-11
      Arthroscope: An Indispensable Instrument in Arthroscopic
       Procedures                                                       II-11
       Arthroscope and its Purview                                      II-11
       Types of Arthroscopes                                            II-11
        Operative Arthroscopes                                          II-11
        Diagnostic Arthroscopes                                         II-11
        Fiberoptic Arthroscopes                                         II-11
        Other Types of Arthroscopes                                     II-12
       Principles of Operating an Arthroscope                           II-12
        The Rod-Lens System                                             II-12
        The Single-Image Fiber System                                   II-12
       Recent Developments in the Manufacture of Arthroscopes           II-12
      Arthroscopy: Growing Applications                                 II-12
       Knee                                                             II-12
       Shoulder                                                         II-12
       Elbow, Ankle, Wrist and Hip                                      II-13
      Arthroscopy and its Complications                                 II-13
      Advantages of Arthroscopy                                         II-13
     Arthroscopy: A Safer Alternative to Open Surgery                   II-13
     Cost Control                                                       II-14

  4. Application of Arthroscopy as a Corrective Surgery                 II-15
      Arthroscopy: A Panacea for All Joint Diseases and Injuries...     II-15
      Photography of Operative Techniques and Pathology                 II-15
      Arthroscopic Management of Tibial Plateau Fractures               II-15
      Flexible Arthroscopy System-Development and Clinical Application  II-15
      Subacromial Decompression                                         II-15
      Arthroscopic Suture Technique                                     II-16
      Arthroscopic Transglenoid Suture Stabilization Technique          II-16
      Shoulder Arthroscopy                                              II-16
      Knee Arthroscopy                                                  II-17
      Arthroscopy of the Elbow                                          II-18
      Ankle Arthroscopy                                                 II-18
      Arthroscopic Treatment of Rotator Cuff Disease                    II-18
      Dental Arthroscopy                                                II-18

  5. Regulatory Environment                                             II-19
      R&D in Arthroscopy                                                II-19
      Principal R&D Activities                                          II-20

  6. Product Introductions/Innovations                                  II-21
      Smith & Nephew Endoscopy Unveils 560 Series High Definition
       Camera System                                                    II-21
      Smith & Nephew Unveils BIORAPTOR Suture Anchor                    II-21
      New Products from CONMED Corporation                              II-21
      Smith & Nephew Develops KINSA Suture Anchor                       II-21
      Smith & Nephew Launches DYONICS ARTHROPAK                         II-22
      Smith & Nephew Introduces Hip Positioning System                  II-22
      Linvatec Introduces New Arthroscopic Products                     II-22
      Smith & Nephew Launches GTS System for Soft Tissue Repair         II-22
      ArthroCare Introduces LabraFix System                             II-22
      Smith & Nephew Unveils DYONICS 25                                 II-22
      Smith & Nephew Introduces Suture Anchor and Shuttle               II-23
      Smith & Nephew Unveils Progressive Scan Autoclavable Camera       II-23
      Linvatec Rolls Out Novel PowerPro System                         II-23
       DePuy Mitek Introduces VAPR 3 LoPro Electrode                   II-23

  7. Recent Industry Activity                                           II-24
      Symmetry Medical Acquires TNCO, Inc                               II-24
      LVB Acquires Biomet, Inc.                                         II-24
      Integrated Endoscopy to Set Up JV with Two European Firms         II-24
      Smith & Nephew Acquires OsteoBiologics, Inc.                      II-24
      DePuy Mitek Takes Over Future Medical Systems                     II-25
      Zimmer Holdings Acquires Intellectual Property from MedTech SA    II-25
      Stryker Purchases eTrauma.com                                     II-25
      Smith & Nephew Signs Deal with ArthroCare                         II-25
      ArthroCare Acquires Opus Medical                                 II-25
      CONMED Partners with eTrauma                                      II-26
      Zimmer Holdings Acquires Implex                                   II-26
      Conmed Acquires Bionx Implants                                    II-26

  8. Focus on Select Global Players                                     II-27
      Arthrex, Inc. (USA)                                               II-27
      Arthrocare Corp. (USA)                                            II-27
      Biomet, Inc. (USA)                                                II-27
       Biomet Sports Medicine, Inc.                                     II-28
      Conmed Corp. (USA)                                                II-28
       ConMed Linvatec s                                                II-29
      Davol, Inc. (USA)                                                 II-29
      Johnson & Johnson (USA)                                           II-30
       DePuy (USA)                                                      II-30
      Precision Optics Corporation (USA)                                II-30
      Smith & Nephew (UK)                                               II-31
      Stryker Corp. (USA)                                               II-31
      Zimmer Holdings, Inc. (USA)                                       II-32

  9. Global Market Perspective                                          II-33
      Table 6: World Recent Past, Current & Future Analysis for
      Arthroscopy Equipment and Accessories by Geographic Region -
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      and Latin America Markets Independently Analyzed with Annual
      Sales Figures US$ Million for Years 2001 through 2010
      (includes corresponding Graph/Chart)                              II-33

      Table 7: World Long-term Projections for Arthroscopy Equipment
      and Accessories by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), and Latin America
      Markets Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2011 through 2015 (includes
      corresponding Graph/Chart)                                        II-34

      Table 8: World Historic Review for Arthroscopy Equipment and
      Accessories by Geographic Region - USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), and Latin America Markets
      Independently Analyzed with Annual Sales Figures US$ Million
      for Years 1991 through 2000 (includes corresponding
      Graph/Chart)                                                      II-35

      Table 9: World 15-Year Perspective for Arthroscopy Equipment
      and Accessories by Geographic Region - Percentage Breakdown of
      Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), and Latin America Markets for Years 1998,
      2008 & 2012 (includes corresponding Graph/Chart)                  II-36

      Table 10: World Recent Past, Current & Future Analysis for
      Access Instruments by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), and Latin America
      Markets Independently Analyzed with Annual Sales Figures US$
      Million for Years 2001 through 2010 (includes corresponding
      Graph/Chart)                                                      II-37

      Table 11: World Long-term Projections for Access Instruments
      by Geographic Region - USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-38

      Table 12: World Historic Review for Access Instruments by
      Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), and Latin America Markets Independently
      Analyzed with Annual Sales Figures US$ Million for Years 1991
      through 2000 (includes corresponding Graph/Chart)                 II-39

      Table 13: World 15-Year Perspective for Access Instruments by
      Geographic Region - Percentage Breakdown of Dollar Sales for
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      and Latin America Markets for Years 1998, 2008 & 2012             II-40

      Table 14: World Recent Past, Current & Future Analysis for
      Visualization Instruments by Geographic Region - USA, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures US$ Million for Years 2001 through 2010 (includes
      corresponding Graph/Chart)                                        II-41

      Table 15: World Long-term Projections for Visualization
      Instruments by Geographic Region - USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-42

      Table 16: World Historic Review for Visualization Instruments
      by Geographic Region - USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), and Latin America Markets
      Independently Analyzed with Annual Sales Figures US$ Million
      for Years 1991 through 2000 (includes corresponding
      Graph/Chart)                                                      II-43

      Table 17: World 15-Year Perspective for Visualization
      Instruments by Geographic Region - Percentage Breakdown of
      Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), and Latin America Markets for Years 1998,
      2008 & 2012(includes corresponding Graph/Chart)                   II-44

      Table 18: World Recent Past, Current & Future Analysis for
      Resection Instruments by Geographic Region - USA, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures US$ Million for Years 2001 through 2010 (includes
      corresponding Graph/Chart)                                        II-45

      Table 19: World Long-term Projections for Resection
      Instruments by Geographic Region - USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-46

      Table 20: World Historic Review for Resection Instruments by
      Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), and Latin America Markets Independently
      Analyzed with Annual Sales Figures US$ Million for Years 1991
      through 2000 (includes corresponding Graph/Chart)                 II-47

      Table 21: World 15-Year Perspective for Resection Instruments
      by Geographic Region - Percentage Breakdown of Dollar Sales
      for USA, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), and Latin America Markets for Years 1998, 2008 & 2012
      (includes corresponding Graph/Chart)                              II-48

      Table 22: World Recent Past, Current & Future Analysis for
      Repair Instruments by Geographic Region - USA, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), and Latin America
      Markets Independently Analyzed with Annual Sales Figures US$
      Million for Years 2001 through 2010 (includes corresponding
      Graph/Chart)                                                      II-49

      Table 23: World Long-term Projections for Repair Instruments
      by Geographic Region - USA, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-50

      Table 24: World Historic Review for Repair Instruments by
      Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), and Latin America Markets Independently
      Analyzed with Annual Sales Figures US$ Million for Years 1991
      through 2000 (includes corresponding Graph/Chart)                 II-51

      Table 25: World 15-Year Perspective for Repair Instruments by
      Geographic Region - Percentage Breakdown of Dollar Sales for
      USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      and Latin America Markets for Years 1998, 2008 & 2012(includes
      corresponding Graph/Chart)                                        II-52


III. MARKET

  1. The United States                                                  III-1
      A.Market Analysis                                                 III-1
        Current & Future Analysis                                       III-1
        Market Leaders                                                  III-1
         Table 26: Leading Players in the US Arthroscopy Equipment
         and Accessories Market (2005 & 2006) - Percentage Breakdown
         of Volume Sales for Arthrex, ArthroCare, Conmed, J&J/
         DePuy, Smith & Nephew, Stryker, and Others (includes
         corresponding Graph/Chart)                                     III-1
        Technological Advancements Spur US Arthroscopy Market           III-2
        Arthroscopy Procedures - A Review                               III-2
         Table 27: US Arthroscopy Equipment and Accessories Market
         (2000-2005): Number of Surgical Procedures in Millions by
         Application Area - Knee, Shoulder, and Others(includes
         corresponding Graph/Chart)                                     III-2
        Product Launches/Developments                                   III-3
        Strategic Corporate Developments                                III-4
        Key Players                                                     III-6
         Arthrex, Inc                                                   III-6
         Arthrocare Corp.                                               III-6
         Biomet, Inc.                                                   III-7
          Biomet Sports Medicine, Inc.                                  III-8
         CONMED Corp.                                                   III-8
          ConMed Linvatec                                               III-8
         Davol, Inc.                                                    III-9
         Johnson & Johnson                                              III-9
          DePuy                                                         III-10
         Karl Storz Endoscopy-America, Inc.                             III-10
         Precision Optics Corporation                                   III-10
         Stryker Corporation                                            III-11
         Zimmer Holdings, Inc                                           III-11
      B.Market Analytics                                                III-12
        Table 28: US Recent Past, Current & Future Analysis for
        Arthroscopy Equipment and Accessories by Product Segment -
        Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 2001 through
        2010 (includes corresponding Graph/Chart)                       III-12

        Table 29: US Long-term Projections for Arthroscopy Equipment
        and Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-13

        Table 30: US Historic Review for Arthroscopy Equipment and
        Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        US$ Million for Years 1991 through 2000 (includes
        corresponding Graph/Chart)                                      III-13

        Table 31: US 15-Year Perspective for Arthroscopy Equipment
        and Accessories by Product Segment - Percentage Breakdown of
        Dollar Sales for Access Instruments, Visualization
        Instruments, Resection Instruments, and Repair Instruments
        for Years 1998, 2008 & 2012 (includes corresponding
        Graph/Chart)                                                    III-14

  2. Canada                                                             III-15
       Market Analysis                                                  III-15
        Current & Future Analysis                                       III-15
        Table 32: Canadian Recent Past, Current & Future Analysis
        for Arthroscopy Equipment and Accessories by Product Segment - 
        Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2001
        through 2010 (includes corresponding Graph/Chart)               III-15

        Table 33: Canadian Long-term Projections for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-16

        Table 34: Canadian Historic Review for Arthroscopy Equipment
        and Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        US$ Million for Years 1991 through 2000 (includes
        corresponding Graph/Chart)                                      III-16

        Table 35: Canadian 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment - Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments for Years 1998, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-17

  3. Japan                                                              III-18
      A.Market Analysis                                                 III-18
        Current & Future Analysis                                       III-18
      B.Market Analytics                                                III-18
        Table 36: Japanese Recent Past, Current & Future Analysis
        for Arthroscopy Equipment and Accessories by Product Segment
        - Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 2001 through
        2010 (includes corresponding Graph/Chart)                       III-18

        Table 37: Japanese Long-term Projections for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-19

        Table 38: Japanese Historic Review for Arthroscopy Equipment
        and Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        US$ Million for Years 1991 through 2000 (includes
        corresponding Graph/Chart)                                      III-19

        Table 39: Japanese 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment - Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments for Years1998, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-20

  4. Europe                                                             III-21
      A.Market Analysis                                                 III-21
        Current & Future Analysis                                       III-21
        Strategic Corporate Developments                                III-21
      B.Market Analytics                                                III-22
        Table 40: European Recent Past, Current & Future Analysis
        for Arthroscopy Equipment and Accessories by Geographic
        Region - France, Germany, Italy, UK, and Rest of Europe
        Markets Independently Analyzed with Annual Sales Figures US$
        Million for Years 2001 through 2010 (includes corresponding
        Graph/Chart)                                                    III-22

        Table 41: European Long-term Projections for Arthroscopy
        Equipment and Accessories by Geographic Region - France,
        Germany, Italy, UK, and Rest of Europe Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-23

        Table 42: European Recent Past, Current & Future Analysis
        for Arthroscopy Equipment and Accessories by Product Segment
        - Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 2001 through
        2010 (includes corresponding Graph/Chart)                       III-23

        Table 43: European Long-term Projections for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-24

        Table 44: European Historic Review for Arthroscopy Equipment
        and Accessories by Geographic Region - France, Germany,
        Italy, UK, and Rest of Europe Markets Independently Analyzed
        with Annual Sales Figures US$ Million for Years 1991 through
        2000 (includes corresponding Graph/Chart)                       III-24

        Table 45: European Historic Review for Arthroscopy Equipment
        and Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        US$ Million for Years 1991 through 2000 (includes
        corresponding Graph/Chart)                                      III-25

        Table 46: European 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Geographic Region -Percentage
        Breakdown of Dollar Sales for France, Germany, Italy, UK,
        and Rest of Europe Markets for Years 1998, 2008 & 2012
        (includes corresponding Graph/Chart)                            III-25

        Table 47: European 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment -Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments for Years 1998, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-26

  4a. France                                                            III-27
       Market Analysis                                                  III-27
        Current & Future Analysis                                       III-27
        Table 48: French Recent Past, Current & Future Analysis for
        Arthroscopy Equipment and Accessories by Product Segment -
        Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales
 Figures US$ Million for Years 2001
        through 2010 (includes corresponding Graph/Chart)               III-27

        Table 49: French Long-term Projections for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-28

        Table 50: French Historic Review for Arthroscopy Equipment
        and Accessories by Product Segment - Access Instruments,
        Visualization Instruments,Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        US$ Million for Years 1991 through 2000 (includes
        corresponding Graph/Chart)                                      III-28

        Table 51: French 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment - Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments for Years 1998, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-29

  4b. Germany                                                           III-30
       Market Analysis                                                  III-30
        Current & Future Analysis                                       III-30
        Table 52: German Recent Past, Current & Future Analysis for
        Arthroscopy Equipment and Accessories by Product Segment -
        Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 2001 through
        2010 (includes corresponding Graph/Chart)                       III-30

        Table 53: German Long-term Projections for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-31

        Table 54: German Historic Review for Arthroscopy Equipment
        and Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        US$ Million for Years 1991 through 2000 (includes
        corresponding Graph/Chart)                                      III-31

        Table 55: German 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment - Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments for Years 1998, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-32

  4c. Italy                                                             III-33
       Market Analysis                                                  III-33
        Current & Future Analysis                                       III-33
        Table 56: Italian Recent Past, Current & Future Analysis for
        Arthroscopy Equipment and Accessories by Product Segment -
        Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 2001 through
        2010 (includes corresponding Graph/Chart)                       III-33

        Table 57: Italian Long-term Projections for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-34

        Table 58: Italian Historic Review for Arthroscopy Equipment
        and Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        US$ Million for Years 1991 through 2000 (includes
        corresponding Graph/Chart)                                      III-34

        Table 59: Italian 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment - Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments for Years 1998, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-35

  4d. The United Kingdom                                                III-36
      A.Market Analysis                                                 III-36
        Current & Future Analysis                                       III-36
        Product Launches/Developments                                   III-36
        Key Player Review                                               III-37
        Smith & Nephew                                                  III-37
      B.Market Analytics                                                III-38
        Table 60: UK Recent Past, Current & Future Analysis for
        Arthroscopy Equipment and Accessories by Product Segment -
        Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 2001 through
        2010 (includes corresponding Graph/Chart)                       III-38

        Table 61: UK Long-term Projections for Arthroscopy Equipment
        and Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-39

        Table 62: UK Historic Review for Arthroscopy Equipment and
        Accessories by Product Segment - Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments Independently Analyzed with Annual Sales Figures
        US$ Million for Years 1991 through 2000 (includes
        corresponding Graph/Chart)                                      III-39

        Table 63: UK 15-Year Perspective for Arthroscopy Equipment
        and Accessories by Product Segment - Percentage Breakdown of
        Dollar Sales for Access Instruments, Visualization
        Instruments, Resection Instruments, and Repair Instruments
        for Years 1998, 2008 & 2012 (includes corresponding
        Graph/Chart)                                                    III-40

  4e. Rest of Europe                                                    III-41
       Market Analysis                                                  III-41
        Current & Future Analysis                                       III-41
        Table 64: Rest of Europe Recent Past, Current & Future
        Analysis for Arthroscopy Equipment and Accessories by
        Product Segment - Access Instruments, Visualization
        Instruments, Resection Instruments, and Repair Instruments
        Independently Analyzed with Annual Sales Figures US$ Million
        for Years 2001 through 2010 (includes corresponding
        Graph/Chart)                                                    III-41

        Table 65: Rest of Europe Long-term Projections for
        Arthroscopy Equipment and Accessories by Product Segment -
        Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-42

        Table 66: Rest of Europe Historic Review for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 1991 through
        2000 (includes corresponding Graph/Chart)                       III-42

        Table 67: Rest of Europe 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment - Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments,Resection Instruments, and Repair
        Instruments for Years 1998, 2008 & 2012 (includes
        correspondingGraph/Chart)                                       III-43

  5. Asia-Pacific                                                       III-44
       Market Analysis                                                  III-44
        Current & Future Analysis                                       III-44
        Table 68: Asia-Pacific Recent Past, Current & Future
        Analysis for Arthroscopy Equipment and Accessories by
        Product Segment - Access Instruments, Visualization
        Instruments, Resection Instruments, and Repair Instruments
        Independently Analyzed with Annual Sales Figures US$ Million
        for Years 2001 through 2010 (includes corresponding
        Graph/Chart)                                                    III-44

        Table 69: Asia-Pacific Long-term Projections for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in
 US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-45

        Table 70: Asia-Pacific Historic Review for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 1991 through
        2000 (includes corresponding Graph/Chart)                       III-45

        Table 71: Asia-Pacific 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment - Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments for Years 1998, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-46

  6. Latin America                                                      III-47
       Market Analysis                                                  III-47
        Current & Future Analysis                                       III-47
        Table 72: Latin America Recent Past, Current & Future
        Analysis for Arthroscopy Equipment and Accessories by
        Product Segment - Access Instruments, Visualization
        Instruments, Resection Instruments, and Repair Instruments
        Independently Analyzed with Annual Sales Figures US$ Million
        for Years 2001 through 2010 (includes corresponding
        Graph/Chart)                                                    III-47

        Table 73: Latin America Long-term Projections for
        Arthroscopy Equipment and Accessories by Product Segment -
        Access Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2011
        through 2015 (includes corresponding Graph/Chart)               III-48

        Table 74: Latin America Historic Review for Arthroscopy
        Equipment and Accessories by Product Segment - Access
        Instruments, Visualization Instruments, Resection
        Instruments, and Repair Instruments Independently Analyzed
        with Annual Sales Figures US$ Million for Years 1991 through
        2000 (includes corresponding Graph/Chart)                       III-48

        Table 75: Latin America 15-Year Perspective for Arthroscopy
        Equipment and Accessories by Product Segment - Percentage
        Breakdown of Dollar Sales for Access Instruments,
        Visualization Instruments, Resection Instruments, and Repair
        Instruments for Years 1998, 2008 & 2012 (includes
        corresponding Graph/Chart)                                      III-49


 IV. COMPETITIVE LANDSCAPE