Total ankle replacement (TAR) has improved the lives of thousands of late-stage ankle arthritis patients around the world. The promising clinical outcomes associated with the third-generation TAR prostheses are mainly due to updated design philosophies and appropriate surgical techniques accumulated by surgeons. Ample opportunities exist within the global TAR space, as the countries covered in this report have recently seen an increasing number of surgeon training programs focusing on the surgical techniques of TAR.
Most of the TAR market is occupied by a few players, which includes Stryker, Integra LifeSciences, Wright Medical, DePuy Synthes, and Zimmer Biomet. These companies boast reputable brands with significant clinical research data driving product adoption. TAR is still not profitable enough to attract competitors and the cost of getting a device to market is prohibitive to new entrants; therefore, market share is expected to remain in the hands of the aforementioned players as they continue to enhance their product mix and optimize operational efficiency.
Global TAR market estimates sales to be approximately $146M across 39 key countries in 2016. Global TAR market will grow at a CAGR of 6.3% over the forecast period, reaching sales of $223.8M by 2023. Changing population demographics and the physical activity levels associated with the older generation are the drivers for growth in the TAR market. Compared to past years, people tend to engage in competitive sports and other intense physical activities from an early age and until later in life. As a result, there will be an expected increase in the incidence of ankle-related sports injuries in addition to normal degradation of the joint due to aging. These joint dysfunctions lead to an increased likelihood of TAR in later years.
The Asia-Pacific (APAC) TAR market was estimated at $6.9m in 2016 and projected to grow at a CAGR of 8.1% followed by North America which is projected to grow at a CAGR of 6.6%, Middle East and Africa, Europe, South America at 4.6%, 5.7% and 4.4% respectively. The US represented the largest portion of the market in 2016, holding almost 94% of the regional revenue, and is expected to maintain this dominance through the forecast period with a CAGR of 6.7%. Canada and Mexico represent a smaller share of the market with slower growth rates of 5.6% and 5.4% respectively.
The report "MediPoint: Total Ankle Replacement - Global Analysis and Market Forecasts" focuses on the market outlook for TAR devices globally. The analysis identifies the key unmet needs in the sports medicine market, discusses the major drivers and barriers of adoption, and provides an in-depth understanding of physicians’ perceptions and the future outlook for this market by segment and geography.
In particular, this report provides the following:
- Overview of recent key industry events and analysis of their market impact.
- Annualized total market revenue, procedure trends, and market outlooks by segment and by region through 2023.
- Key topics covered include strategic competitor assessment, market characterization, identification of unmet needs, reimbursement considerations, evaluating market access in each region covered in the report, and implications of the emerging technologies in the market.
- Analysis of the current and future market competition in the global TAR market. Insightful review of industry drivers, barriers, and challenges.
Companies mentioned in this report: Wright Medical Group, Integra LifeSciences, Zimmer Biomet, Stryker, DePuy Synthes, Exactech.
*Note: This is an on-demand report and will be delivered within 3 working days (excluding weekends) of the purchase.
- Outlook of sales volume, pricing trends, revenue trends with 2016 as base year and forecasts until 2023, for total ankle replacement implants.
- Company share analysis in 2016, for total ankle replacement implants.
- Market insights and competitive assessment of the key players within the total ankle replacement market.
Reasons to buy
- Identify the unmet needs with the current generation of ankle replacement devices and understand how emerging technologies will meet these unmet needs.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global ankle replacement market in the future
- Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing the performance of various competitors
2 Executive Summary
2.1 Key Metrics
2.2 Market Dynamics
2.3 Key Players
2.4 Future Outlook
2.5 What Do Physicians Think?
3.2 Related Reports
3.3 Upcoming Related Reports
4 Market Outlook
4.1 Procedure Trends
4.2 Pricing Trends
4.3 Revenue Trends
4.4 Company Share Analysis
5 Market Insights
5.1 North America
5.2.1 Denmark, Finland, Norway, and Sweden
5.2.2 Belgium, France, and the Netherlands
5.2.3 Germany and Switzerland
5.2.4 UK and Ireland
5.2.5 Italy, Portugal, and Spain
5.2.6 Austria, Czech Republic, Hungary, and Poland
5.2.7 Russia, Turkey, and Greece
5.3.1 Australia & New Zealand (ANZ)
5.3.2 China & Taiwan
5.3.5 South Korea
5.4 South America
5.4.2 Argentina & Chile
5.5 Middle East and Africa
5.5.2 South Africa
5.5.3 Egypt, Saudi Arabia, and UAE
6 Competitive Assessment
6.1 Wright Medical Group
6.1.1 Portfolio Assessment
6.1.2 Deal Analysis
6.1.3 Competitive Positioning
6.2 Integra Life Sciences
6.2.1 Portfolio Assessment
6.2.2 Deal Analysis
6.2.3 Competitive Positioning
6.3 Zimmer Biomet
6.3.1 Portfolio Assessment
6.3.2 Deal Analysis
6.3.3 Competitive Positioning
6.4.1 Portfolio Assessment
6.4.2 Deal Analysis
6.4.3 Competitive Positioning
6.5 Depuy Synthes
6.5.1 Portfolio Assessment
6.5.2 Competitive Positioning
6.6.1 Portfolio Assessment
6.6.2 Competitive Positioning
6.7 Mergers & Acquisitions
7.3.3 Secondary Research
7.3.4 Forecasting Methodology
7.3.5 Primary Research Summary
7.4 About the Authors
7.4.2 Global Head of Medical Devices
7.5 About MediPoint
List of Tables
Table 1: North America TAR Procedure Volume Forecast, 2014-2023
Table 2: Europe TAR Procedure Volume Forecast, 2014-2023
Table 3: Asia-Pacific TAR Procedure Volume Forecast, 2014-2023
Table 4: South America TAR Procedure Volume Forecast, 2014-2023
Table 5: Middle East and Africa TAR Procedure Volume Forecast, 2014-2023
Table 6: North America TAR Implants Average Selling Price ($) Forecast, 2014-2023
Table 7: Europe TAR Implants Average Selling Price ($) Forecast, 2014-2023
Table 8: Asia-Pacific TAR Implants Average Selling Price ($) Forecast, 2014-2023
Table 9: South America TAR Implants Average Selling Price ($) Forecast, 2014-2023
Table 10: Middle East and Africa TAR Implants Average Selling Price ($) Forecast, 2014-2023
Table 11: North America TAR Market Revenue Forecast ($m), 2014-2023
Table 12: Europe TAR Market Revenue Forecast ($m), 2014-2023
Table 13: Asia-Pacific TAR Market Revenue Forecast ($m), 2014-2023
Table 14: South America TAR Market Revenue Forecast ($m), 2014-2023
Table 15: Middle East and Africa TAR Market Revenue Forecast ($m), 2014-2023
Table 16: North America TAR Company Share Analysis, 2016
Table 17: Europe TAR Company Share Analysis, 2016
Table 18: Asia-Pacific TAR Company Share Analysis, 2016
Table 19: South America TAR Company Share Analysis, 2016
Table 20: Middle East and Africa TAR Company Share Analysis, 2016
Table 21: Mergers and Acquisitions (2011-2015)
List of Figures
Figure 1: Total Ankle Replacement Sales for North America by Country, 2016 and 2023
Figure 2: Total Ankle Replacement Sales for Europe by Country, 2016 and 2023
Figure 3: Total Ankle Replacement Sales for Asia Pacific by Country, 2016 and 2023
Figure 4: Total Ankle Replacement Sales for South America by Country, 2016 and 2023
Figure 5: Total Ankle Replacement Sales for Middle East and Africa by Country, 2016 and