MediPoint: Kyphoplasty Devices - Europe Analysis and Market Forecasts

  • ID: 4327725
  • Report
  • Region: Europe
  • 30 pages
  • GlobalData
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FEATURED COMPANIES

  • Globus Medical
  • Medtronic
  • Stryker
  • MORE
MediPoint: Kyphoplasty Devices - Europe Analysis and Market Forecasts

Summary

Vertebroplasty and kyphoplasty are minimally invasive, fluoroscopy-guided surgical techniques that utilize acrylic cement injected into the damaged vertebral body to stabilize the fracture. Kyphoplasty is an advanced version of the conventional vertebroplasty procedure; prior to cement injection, a balloon is inflated in the fractured vertebral body to create a cavity and restore the vertebrae’s height. This procedure restores the pre-fracture vertebral body shape and height in addition to relieving pain and helping the patient regain function.

The European kyphoplasty market was estimated at US$230.6M in 2016 across the 21 markets (Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, Turkey, and the UK) covered in this report. By the end of the forecast period in 2023, it is estimated that market will grow to approximately US$322.1M at a Compound Annual Growth Rate (CAGR) of 4.9%.

Key drivers of the kyphoplasty market in the forecast period are:
  • The rising prevalence of osteoporosis and osteopenia due to the increasing aging population.
  • The increasing preference for minimally invasive and outpatient procedures.
European kyphoplasty market is projected to grow at a CAGR of 4.9% during the forecast period. Germany represented the largest portion of the market in 2016, holding 35.3% of the regional revenue, and is expected to maintain this dominance through the forecast period. Russia is expected to be the fastest-growing market through 2023, at a CAGR of 10.9%, while the slowest growth will be observed in Switzerland at a CAGR of 3.8%.

Market for VCF repair products, including kyphoplasty balloons and kits, is a highly consolidated market. Together, three orthopedic conglomerates-DePuy Synthes, Medtronic, and Stryker-dominated the global market in 2016. These companies hold well-established orthopedic portfolios and enjoy wide-ranging distribution networks, which allow them to effectively cross-sell their VCF products. Several minor players also operate in regional markets, and domestic manufacturers of cheap copycat products are a threat in developing countries.

The report "MediPoint: Kyphoplasty Devices - Europe Analysis and Market Forecasts" focuses on the market outlook for kyphoplasty products in Europe (Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, Turkey, and UK). 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.

In particular, this report provides 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 European kyphoplasty market. Insightful review of the key industry drivers, barriers, and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
Companies mentioned in this report: DePuy Synthes, Globus Medical, Medtronic, Stryker.

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 European kyphoplasty market. Insightful review of the key industry drivers, barriers, and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
Reasons to buy

The report will enable you to:
  • Develop and design your in-licensing and out-licensing strategies through a review of marketed products and technologies.
  • Develop business strategies by understanding the trends shaping and driving the kyphoplasty market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the kyphoplasty market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track device sales in country-specific kyphoplasty markets from 2014-2023.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Globus Medical
  • Medtronic
  • Stryker
  • MORE
1. About the Authors
1.1 Analysts
1.1.1 Jennifer Ryan, Orthopedic Analyst, Medical Devices
1.1.2 Linda Tian, Managing Analyst, Medical Devices
1.2 Global Head of Medical Devices
2. Table of Contents
3. Executive Summary
3.1 Overview
3.2 Market Dynamics
3.3 Key Players in the Kyphoplasty Market
3.4 Kyphoplasty Market Future Outlook
4. Introduction
4.1 Catalyst
4.2 Related Reports
4.3 Upcoming Related Reports
5. Market Outlook
5.1 Procedure Trends
5.2 Pricing Trends
5.3 Revenue Trends
5.4 Company Share Analysis
6. Market Insights
6.1 Europe
6.1.1 Denmark, Finland, Norway, and Sweden
6.1.2 Belgium, France, and Netherlands
6.1.3 Germany and Switzerland
6.1.4 UK and Ireland
6.1.5 Italy, Portugal, and Spain
6.1.6 Austria, Czech Republic, Hungary, and Poland
6.1.7 Greece, Russia, and Turkey
7. Competitive Assessment
7.1 Overview
7.2 DePuy Synthes (Johnson & Johnson)
7.2.1 Overview
7.2.2 Portfolio Assessment
7.2.3 Competitive Positioning
7.3 Globus Medical
7.3.1 Overview
7.3.2 Portfolio Assessment
7.3.3 News and Deals Analysis
7.3.4 Competitive Positioning
7.4 Medtronic
7.4.1 Overview
7.4.2 Portfolio Assessment
7.4.3 Competitive Positioning
7.5 Stryker
7.5.1 Overview
7.5.2 Portfolio Assessment
7.5.3 News and Deals Analysis
7.5.4 Competitive Positioning
7.6 Other Players
8. Appendix
8.1 Bibliography
8.2 Abbreviations
8.3 Methodology
8.3.1 Overview
8.3.2 Coverage
8.3.3 Secondary Research
8.3.4 Forecasting Methodology
8.3.5 Primary Research Summary
8.4 About MediPoint

List of Tables
Table 1: Key Metrics in the Europe Kyphoplasty Market
Table 2: Europe Kyphoplasty Volume Forecast, 2014-2023
Table 3: Europe Kyphoplasty Average Selling Price Forecast ($), 2014-2023
Table 4: Europe Kyphoplasty Market Revenue Forecast ($M), 2014-2023
Table 5: Europe Kyphoplasty Company Share Analysis, 2016
Table 6: DePuy Synthes - Key Marketed Products Assessment
Table 7: Globus Medical - Key Marketed Products Assessment
Table 8: Medtronic - Key Marketed Products Assessment
Table 9: Stryker - Key Marketed Products Assessment
Table 10: Summary of Other Players in the Kyphoplasty Market, 2017

List of Figures
Figure 1: Kyphoplasty Sales for Europe, by Country, 2016 and 2023
Note: Product cover images may vary from those shown
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  • DePuy Synthes (Johnson & Johnson)
  • Globus Medical
  • Medtronic
  • Stryker
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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