MediPoint: Vertebroplasty Devices - South America Analysis and Market Forecasts

  • ID: 4334335
  • Report
  • Region: South America
  • 26 pages
  • GlobalData
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FEATURED COMPANIES

  • Globus Medical
  • Medtronic
  • Stryker
  • MORE
MediPoint: Vertebroplasty Devices - South America Analysis and Market Forecasts

Summary

South American vertebroplasty market was estimated at US$4.6M in 2016 across the three markets (Argentina, Brazil, and Chile) covered in this report. By the end of the forecast period in 2023, it is estimated that the market will decline to approximately US$4.0M at a negative Compound Annual Growth Rate (CAGR) of 2.0%.

Vertebral compression fractures (VCFs) are often characterized by pain and deformity due to the fracture and collapse of one or more vertebral bodies in the spinal column. Primarily caused by osteoporosis and osteopenia-conditions characterized by loss of bone mass and low bone mineral density-the number of diagnosed VCF cases is increasing globally as the population ages and incidences of the aforementioned conditions grow. In general, these fractures are initially treated non-surgically with pharmacological therapies, bracing, and rest. In the event that non-surgical treatment fails to relieve pain, surgical treatment can be implemented.

Key drivers of the vertebroplasty 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.
Brazil represented the largest portion of the market in 2016, holding 78.1% of the regional revenue, and is expected to maintain this dominance through the forecast period.
The market in Brazil is expected to decline through 2023, at a negative CAGR of 1.9%, while faster declines will be observed in Argentina and Chile, both at a negative CAGR of 2.3%.

The market for VCF repair products, including vertebroplasty 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: Vertebroplasty Devices - South America Analysis and Market Forecasts" focuses on the market outlook for vertebroplasty products in South America (Argentina, Brazil, and Chile). 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 South American vertebroplasty 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 South American vertebroplasty 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 vertebroplasty market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the vertebroplasty 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 vertebroplasty 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
2.1 List of Tables
2.2 List of Figures
3. Executive Summary
3.1 Overview
3.2 Market Dynamics
3.3 Key Players in the Vertebroplasty Market
3.4 Vertebroplasty 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 South America
6.1.1 Brazil
6.1.2 Argentina and Chile
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
8.5 About
8.6 Contact Us
8.7 Disclaimer

List of Tables
Table 1: Key Metrics in the South America Vertebroplasty Market
Table 2: South America Vertebroplasty Volume Forecast, 2014-2023
Table 3: South America Vertebroplasty Average Selling Price Forecast ($), 2014-2023
Table 4: South America Vertebroplasty Market Revenue Forecast ($M), 2014-2023
Table 5: South America VCF Repair 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 Vertebroplasty Market, 2017

List of Figures
Figure 1: Vertebroplasty Sales for South America, 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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