MediPoint: Elbow Replacement - Global Analysis and Market Forecasts

  • ID: 4311621
  • Report
  • Region: Global
  • GlobalData
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The Market is Expected to Grow at a CAGR of 3.2% Over the Forecast Period, Reaching Sales of US$58.8M by 2023

FEATURED COMPANIES

  • Acumed
  • Corin Group
  • DJO Global
  • Integra LifeSciences
  • Kyocera Medical
  • Lima Corporate
  • MORE

Summary

Total elbow arthroplasty (TEA) is one of the five procedures that make up the extremity joint market; the others are shoulder, wrist, digit, and ankle. As the general population ages, the number of arthritis cases and elbow fractures increase, contributing largely to the number of elbow replacements performed. Although arthritis in small joints occurs far less frequently than at the hip or knee joint, the physical impairments for patients with extremity arthritis are equivalent to those of other forms of arthritis. The disability of these joints can severely hinder a person’s ability to engage in recreational activities, perform vocational duties, or even carry out the activities of daily living.

It is estimated that sales of elbow replacement implants to be approximately US$47.1M globally in 2016. The market is expected to grow at a CAGR of 3.2% over the forecast period, reaching sales of US$58.8M by 2023. The accelerators for growth in the elbow replacement market include changing population demographics, physical activity levels associated with the older generation, and an increased awareness of the procedure. Compared to past years, people tend to engage in competitive sports and other intense physical activities from an earlier age and until later in life.

Key drivers of the elbow replacement market in the forecast period are:

  • The growing global aging population and rising prevalence of diseases such as osteoarthritis (OA) and rheumatoid arthritis (RA).
  • Patient preference for an active lifestyle, leading to the choice of total joint replacement over joint fusion.
  • Continued efforts from manufacturers to promote and educate patients and surgeons about extremity implants.

Europe, South America and Middle East and Africa elbow replacement market is projected to grow at a CAGR of 4.5% in the forecast period, followed by North America and APAC at 3.6% and 3.8% respectively.

Most of the elbow replacement market is occupied by a few players including Wright Medical, Stryker, Zimmer Biomet, and Integra LifeSciences. These companies are dominant players in the medical device industry with significant clinical research data driving product adoption and expansive sales and distribution networks. Elbow prostheses tend to be loss-leaders or barely profitable, and therefore market share is expected to sway towards larger companies with ample financial resources to weather any losses.

The report "MediPoint: Elbow Replacement - Global Analysis and Market Forecasts" focuses on the market outlook for elbow replacement devices globally. The analysis identifies the key unmet needs in the elbow replacement 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.

Companies mentioned in this report: DJO Global, Acumed, Corin Group, Integra LifeSciences, Kyocera Medical, Lima Corporate, Stryker, Wright Medical Group, Zimmer Biomet.

Note: This is an on-demand report and will be delivered within 3 working days (excluding weekends) of the purchase.

Scope:

  • Outlook of sales volume, pricing trends, revenue trends with 2016 as base year and forecasts until 2023, for elbow replacement implants.
  • Company share analysis in 2016, for elbow replacement implants.
  • Market insights and competitive assessment of the key players within the shoulder replacement market.

Reasons to Buy:

  • Identify the unmet needs with the current generation of elbow replacement implants 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 elbow replacement market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing the performance of various competitors.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Acumed
  • Corin Group
  • DJO Global
  • Integra LifeSciences
  • Kyocera Medical
  • Lima Corporate
  • MORE

1 Table of Contents
1.1 List of Tables
1.2 List of Figures

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 North America
5.1.1 Canada
5.1.2 Mexico
5.1.3 US
5.2 Europe
5.2.1 Denmark, Finland, Norway, and Sweden
5.2.2 Belgium, France, and 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 APAC
5.3.1 Australia and New Zealand
5.3.2 China and Taiwan
5.3.3 India
5.3.4 Japan
5.3.5 South Korea
5.4 South America
5.4.1 Brazil
5.4.2 Argentina and Chile
5.5 Middle East and Africa
5.5.1 Israel
5.5.2 South Africa
5.5.3 Egypt, Saudi Arabia, and United Arab Emirates

6 Competitive Assessment
6.1 Overview
6.2 DJO Global
6.2.1 Portfolio Assessment
6.2.2 Deal Analysis
6.2.3 Competitive Positioning
6.3 Acumed
6.3.1 Portfolio Assessment
6.3.2 Competitive Positioning
6.4 Corin Group
6.4.1 Portfolio Assessment
6.4.2 Deal Analysis
6.4.3 Competitive Positioning
6.5 Integra LifeSciences
6.5.1 Portfolio Assessment
6.5.2 Competitive Positioning
6.6 Kyocera Medical
6.6.1 Portfolio Assessment
6.6.2 Competitive Positioning
6.7 Lima Corporate
6.7.1 Portfolio Assessment
6.7.2 Deal Analysis
6.7.3 Competitive Positioning
6.8 Stryker
6.8.1 Portfolio Assessment
6.8.2 Deal Analysis
6.8.3 Competitive Positioning
6.9 Wright Medical Group
6.9.1 Portfolio Assessment
6.9.2 Deal Analysis
6.9.3 Competitive Positioning
6.10 Zimmer Biomet
6.10.1 Portfolio Assessment
6.10.2 Deal Analysis
6.10.3 Competitive Positioning

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 Analysts
7.4.2 Global Head of Medical Devices
7.5 About MediPoint
7.6 About the Publisher
7.7 Contact Us
7.8 Disclaimer

List of Tables
Table 1: Elbow Replacement, Key Metrics, 2016-2023
Table 2: Elbow Replacement, Key Metrics, 2016-2023
Table 3: Elbow Replacement, Key Metrics, 2016-2023
Table 4: Elbow Replacement, Key Metrics, 2016-2023
Table 5: Elbow Replacement, Key Metrics, 2016-2023
Table 6: North America Elbow Replacement Procedure Volume Forecast, 2014-2023
Table 7: Europe Elbow Replacement Procedure Volume Forecast, 2014-2023
Table 8: Asia-Pacific Elbow Replacement Procedure Volume Forecast, 2014-2023
Table 9: South America Elbow Replacement Procedure Volume Forecast, 2014-2023
Table 10: Middle East and Africa Elbow Replacement Procedure Volume Forecast, 2014-2023
Table 11: North America Elbow Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 12: Europe Elbow Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 13: Asia-Pacific Elbow Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 14: South America Elbow Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 15: Middle East and Africa Elbow Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 16: North America Elbow Replacement Market Revenue Forecast ($m), 2014-2023
Table 17: Europe Elbow Replacement Market Revenue Forecast ($m), 2014-2023
Table 18: Asia-Pacific Elbow Replacement Market Revenue Forecast ($m), 2014-2023
Table 19: South America Elbow Replacement Market Revenue Forecast ($m), 2014-2023
Table 20: Middle East and Africa Elbow Replacement Market Revenue Forecast ($m), 2014-2023
Table 21: North America Elbow Replacement Company Share Analysis
Table 22: Europe Elbow Replacement Company Share Analysis
Table 23: Asia-Pacific Elbow Replacement Company Share Analysis
Table 24: South America Elbow Replacement Company Share Analysis
Table 25: Middle East and Africa Elbow Replacement Company Share Analysis
Table 26: DJO Global - Key Marketed Products Assessment
Table 27: Acumed - Key Marketed Products Assessment
Table 28: Corin Group - Key Marketed Products Assessment
Table 29: Integra LifeSciences - Key Marketed Products Assessment
Table 30: Integra LifeSciences - Key Clinical Trials
Table 31: Kyocera Medical - Key Marketed Products Assessment
Table 32: Lima Corporate - Key Marketed Products Assessment
Table 33: Stryker - Key Marketed Products Assessment
Table 34: Wright Medical Group - Key Marketed Products Assessment
Table 35: Zimmer Biomet - Key Marketed Products Assessment
Table 36: Zimmer Biomet - Key Clinical Trials

List of Figures
Figure 1: North America Elbow Replacement Market Share Comparison by Country, 2016 and 2023
Figure 2: Europe Elbow Replacement Market Share Comparison by Country, 2016 and 2023
Figure 3: APAC Elbow Replacement Market Share Comparison by Country, 2016 and 2023
Figure 4: South America Elbow Replacement Market Share Comparison by Country, 2016 and 2023
Figure 5: Middle East and Africa Elbow Replacement Market Share Comparison by Country, 2016 and 2023

Note: Product cover images may vary from those shown
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  • Acumed
  • Corin Group
  • DJO Global
  • Integra LifeSciences
  • Kyocera Medical
  • Lima Corporate
  • Stryker
  • Wright Medical Group
  • 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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