MediPoint: Bone Growth Stimulators - North America Analysis and Market Forecasts

  • ID: 4256848
  • Report
  • Region: America, North America, United States
  • 29 pages
  • GlobalData
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FEATURED COMPANIES

  • Bioventus
  • DJO Global
  • IGEA
  • Orthofix
  • Zimmer Biomet
  • MORE
MediPoint: Bone Growth Stimulators - North America Analysis and Market Forecasts

Summary

When a bone is fractured, the body naturally generates a low-level electric field to stimulate healing. For some patients, however, the body’s natural healing processes are ineffective, and fractures experience delayed or non-union. Additionally, patients treated with spinal fusion procedures may have difficultly healing. A number of risk factors contribute to these outcomes, including osteoporosis, smoking, diabetes, obesity, and previously failed spinal fusion. Bone growth stimulators have been developed in order to promote healing in patients who are at risk for failed unions of long bone fractures or for spinal fusion.

The North American bone growth stimulator market was estimated at $524.8M in 2016 across the three markets (Canada, Mexico, and the US) covered in this report.

Key drivers of the bone growth stimulator market in the forecast period are:
- Growing elderly population and subsequent rise in fracture incidence, osteoporosis, and spinal disease
- Rising patient awareness of the availability and benefits of stimulation treatments
- Continued research into the efficacy of bone growth stimulators, resulting in improved reimbursement scenarios

The North American bone growth stimulators market is projected to grow at a CAGR of 3.0% during the forecast period. The US represented the largest portion of the market in 2016, holding almost 98.0% of the regional revenue, and is expected to maintain this dominance through the forecast period. Canada is expected to be the fastest-growing market through 2023, at a CAGR of 4.3%, while the slowest growth will be observed in the US at a CAGR of 3.0%.

The market for bone growth stimulators is fairly consolidated, with four multinationals dominating the global space. Bioventus, DJO Global, Orthofix, and Zimmer Biomet, all enjoy high brand name recognition in this market, as well as established orthopedic portfolios and wide-ranging distribution networks. These bone growth stimulator manufacturers also play in complimentary markets, such as fixation devices or orthobiologics, in order to effectively cross-sell their products. The major players each focus on one type of stimulation method, with the exception of Zimmer Biomet, which has a portfolio that boasts two types of external stimulation as well as the only marketed implantable stimulators.

The report "MediPoint: Bone Growth Stimulators - North America Analysis and Market Forecasts" focuses on the market outlook for bone growth stimulator devices in North America (Canada, Mexico, and the US). The analysis discusses the major drivers and barriers of adoption, and provides an in-depth understanding of the future outlook for this market by segment and geography.

Additionally, this report enables you the following:
- Overview of recent key industry events and analysis of their market impact.
- Annualized total market revenue by type of device, procedure trends, and market outlooks by segment and by country through 2023.
- Key topics covered include strategic competitor assessment, market characterization, and implications of the emerging technologies in the market.
- Pipeline analysis: Comprehensive data split across different stages of development, including a discussion of emerging trends and devices in development.
- Analysis of the current and future market competition in the North American bone growth stimulator market. Insightful review of the key industry drivers, barriers, and challenges.

Companies mentioned in this report: Bioventus, DJO Global, IGEA, Orthofix, Zimmer Biomet.

Scope
- Overview of recent key industry events and analysis of their market impact.
- Annualized total market revenue by type of device, procedure trends, and market outlooks by segment and by country through 2023.
- Key topics covered include strategic competitor assessment, market characterization, and implications of the emerging technologies in the market.
- Pipeline analysis: Comprehensive data split across different stages of development, including a discussion of emerging trends and devices in development.
- Analysis of the current and future market competition in the North American bone growth stimulator market. Insightful review of the key industry drivers, barriers, and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bioventus
  • DJO Global
  • IGEA
  • Orthofix
  • Zimmer Biomet
  • MORE
1 Table of Contents
2 Executive Summary
2.1 Key Metrics
2.2 Market Dynamics
2.3 Key Players in the Bone Growth Stimulators Market
2.4 Bone Growth Stimulators Market Future Outlook
3 Introduction
3.1 Overview
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 Canada
5.2 Mexico
5.3 US
6 Competitive Assessment
6.1 Bioventus
6.1.1 Overview
6.1.2 Portfolio Assessment
6.1.3 Competitive Positioning
6.2 DJO Global
6.2.1 Overview
6.2.2 Portfolio Assessment
6.2.3 News and Deals Analysis
6.2.4 Competitive Positioning
6.3 IGEA
6.3.1 Overview
6.3.2 Portfolio Assessment
6.3.3 Competitive Positioning
6.4 Orthofix
6.4.1 Overview
6.4.2 Portfolio Assessment
6.4.3 News and Deals Analysis
6.4.4 Competitive Positioning
6.5 Zimmer Biomet
6.5.1 Overview
6.5.2 Portfolio Assessment
6.5.3 News and Deals Analysis
6.5.4 Competitive Positioning
6.6 Other Players
7 Appendix
7.1 Bibliography
7.2 Abbreviations
7.3 Methodology
7.3.1 Overview
7.3.2 Coverage
7.3.3 Secondary Research
7.3.4 Forecasting Methodology
7.3.5 Primary Research Summary
7.4 About the Authors
7.4.1 Jennifer Ryan, Orthopedic Analyst, Medical Devices
7.4.2 Linda Tian, Managing Analyst, Medical Devices
7.4.3 Tyler Fletcher, Global Head of Medical Devices

List of Tables
Table 1: Bone Growth Stimulators, Key Metrics, 2016 and 2023
Table 2: North America Procedure Volume Forecast for Bone Growth Stimulators, 2014-2023
Table 3: North America Bone Growth Stimulator Average Selling Price Forecast, 2014-2023
Table 4: North America Bone Growth Stimulator Market Revenue Forecast ($M), 2014-2023
Table 5: North America Bone Growth Stimulator Company Share Analysis, 2016
Table 6: Bioventus - Key Marketed Products Assessment
Table 7: Bioventus - Key Clinical Trials
Table 8: DJO - Key Marketed Products Assessment
Table 9: DJO - Key Clinical Trials
Table 10: IGEA - Key Marketed Products Assessment
Table 11: Orthofix - Key Marketed Products Assessment
Table 12: Orthofix - Key Clinical Trials
Table 13: Zimmer Biomet - Key Marketed Products Assessment
Table 14: Other Players Assessment

List of Figures
Figure 1: North America Bone Growth Stimulator Market Share Comparison, by Country, 2016 and 2023
Note: Product cover images may vary from those shown
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  • Bioventus
  • DJO Global
  • IGEA
  • Orthofix
  • Zimmer Biomet
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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