MediPoint: Total Ankle Replacement- Middle East and Africa Analysis and Market Forecasts

  • ID: 4256813
  • Report
  • Region: Africa, Middle East
  • 31 pages
  • GlobalData
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FEATURED COMPANIES

  • DePuy Synthes
  • Exactech
  • Integra LifeSciences
  • Stryker
  • Wright Medical Group
  • Zimmer Biomet
  • MORE
MediPoint: Total Ankle Replacement- Middle East and Africa Analysis and Market Forecasts

Summary

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.

Middle East and Africa TAR market was estimated at $0.8m in 2016 across the five markets (Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates) projected to grow at a CAGR of 4.6% in the forecast period. Although most of the countries have an equal share of the market, Saudi Arabia is expected to get ahead moving into the forecast period. The United Arab Emirates is expected to be the fastest-growing market through 2023, at a CAGR of 6.3%.

Key drivers of the TAR market in the forecast period are:
- Increase in TAR patients due to wear and tear of the joints in the growing aging population.
- The need for a treatment that helps late-stage ankle arthritis patients maintains range of motion.
- Expanded medical education and surgeon adoption of TAR.

Most of the TAR market is occupied by a few players, which include 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.

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 report "MediPoint: Total Ankle Replacement- Middle East and Africa Analysis and Market Forecasts" focuses on the market outlook for TAR devices in the Middle East and Africa (Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates). 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.

Scope
- 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.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • DePuy Synthes
  • Exactech
  • Integra LifeSciences
  • Stryker
  • Wright Medical Group
  • Zimmer Biomet
  • MORE
1 Table of Contents
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 Introduction
3.1 Catalyst
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 Middle East and Africa
5.1.1 Israel
5.1.2 South Africa
5.1.3 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 LifeSciences
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 Stryker
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 Exactech
6.6.1 Portfolio Assessment
6.6.2 Competitive Positioning
6.7 Mergers & Acquisitions
7 Appendix
7.1 Bibliography
7.2 Abbreviations
7.3 Methodology
7.3.1 Overview
7.3.2 Coverage
7.3.3 Secondary Research
7.4 Forecasting Methodology
7.5 Primary Research Summary
7.5.1 Primary Research - Key Opinion Leader Interviews
7.5.2 Expert Panel Validation
7.6 About the Authors
7.6.1 Analysts
7.6.2 Global Head of Medical Devices
7.7 About MediPoint

List of Tables
Table 1: Total Ankle Replacement, Key Metrics, 2016 and 2023
Table 2: Middle East and Africa TAR Procedure Volume Forecast, 2014-2023
Table 3: Middle East and Africa TAR Implants Average Selling Price ($) Forecast, 2014-2023
Table 4: Middle East and Africa TAR Market Revenue Forecast ($m), 2014-2023
Table 5: Middle East and Africa TAR Company Share Analysis, 2016
Table 6: Wright Medical Group - Key Marketed Products Assessment
Table 7: Wright Medical Group - Key Clinical Trials
Table 8: Integra LifeSciences - Key Marketed Products Assessment
Table 9: Zimmer Biomet - Key Marketed Products Assessment
Table 10: Zimmer Biomet - Key Clinical Trials
Table 11: Stryker - Key Marketed Products Assessment
Table 12: Stryker - Key Clinical Trials
Table 13: Depuy Synthes - Key Marketed Products Assessment
Table 14: Exactech - Key Marketed Products Assessment
Table 15: Mergers and Acquisitions (2011-2015)

List of Figures
Figure 1: Middle East and Africa TAR Market Share Comparison by Country, 2016 and 2023
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  • Wright Medical Group
  • Integra LifeSciences
  • Zimmer Biomet
  • Stryker
  • DePuy Synthes
  • Exactech
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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