MediPoint: Wrist Replacement - Global Analysis and Market Forecasts

  • ID: 4334462
  • Report
  • Region: Global
  • GlobalData
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FEATURED COMPANIES

  • Arthrosurface
  • Evolutis
  • Extremity Medical
  • Integra LifeSciences
  • Stryker
  • Swemac
  • MORE

MediPoint: Wrist Replacement - Global Analysis and Market Forecasts

Summary

Global sales of wrist replacement implants are estimated to be approximately US$30.9M across all 39 countries in 2016. This market will grow at a CAGR of 3.3% over the forecast period, reaching sales of US$38.7M by 2023. The accelerators for growth in the wrist replacement market include changing population demographics, physical activity levels associated with the older generation, an increased awareness of the procedure, and advancements in implant technology.

Total wrist arthroplasty (TWA) is a surgical intervention with the goal of reducing wrist pain and increasing joint mobility for patients suffering from rheumatoid arthritis (RA) and is increasingly being used for other indications such as osteoarthritis (OA) and posttraumatic arthritis. It is recommended in cases where less invasive operative techniques are ineffective and as an alternative to total wrist fusion (TWF). For low-demand patients, total wrist replacement (TWR) provides the necessary range of motion to engage in normal daily activities, although it remains a relatively rare procedure.

Middle East and Africa wrist replacement market is projected to grow at a CAGR of 4.9% followed by, South America and APAC with a CAGR of 3.6%. Europe and North America wrist replacement market is projected to grow at a CAGR at 3.5% and 3.1%. Saudi Arabia represents the largest portion of the market in 2016, holding over 30% of the regional revenue, and is expected to maintain this dominance through the forecast period.

Most of the wrist replacement market is occupied by a few players, including Stryker, Zimmer Biomet, Wright Medical, and Integra LifeSciences. These companies are dominant players in the medical device industry with significant clinical research data driving product adoption as well as expansive sales and distribution networks. Innovation as well as good educational and technical support from these manufacturers can significantly accelerate the uptake of new technologies. There is need for technology development in the bearing surface and the fixation of the hand component of wrist implants, and key players have incentives to invest in the preoperative training of surgeons. Old and new medical device companies looking to enter the small joint replacement market should understand that only through well-designed teaching seminars and efficient communication with surgeons will the market enjoy better growth.

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

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 wrist replacement market. Insightful review of industry drivers, barriers, and challenges.

Companies mentioned in this report: Integra LifeSciences, Zimmer Biomet, Wright Medical, Stryker, Swemac, Evolutis, Extremity Medical, Arthrosurface

*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 wrist replacement implants.
  • Company share analysis in 2016, for wrist replacement implants.
  • Market insights and competitive assessment of the key players within the wrist replacement market.

Reasons to Buy

  • Identify the unmet needs with the current generation of wrist 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 wrist 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
2 of 4

FEATURED COMPANIES

  • Arthrosurface
  • Evolutis
  • Extremity Medical
  • Integra LifeSciences
  • Stryker
  • Swemac
  • MORE

1 About the Authors
1.1 Analyst
1.1.1 Tobe Madu, MSc, Analyst, Medical Devices

2 Table of Contents
2.1 List of Tables
2.2 List of Figures

3 Executive Summary
3.1 Key Metrics
3.2 Market Dynamics
3.3 Key Players
3.4 Future Outlook
3.5 What Do Physicians Think?

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 North America
6.1.1 Canada
6.1.2 Mexico
6.1.3 US
6.2 Europe
6.2.1 Denmark, Finland, Norway, and Sweden
6.2.2 Belgium, France, and Netherlands
6.2.3 Germany and Switzerland
6.2.4 UK and Ireland
6.2.5 Italy, Portugal, and Spain
6.2.6 Austria, Czech Republic, Hungary, and Poland
6.2.7 Russia, Turkey, and Greece
6.3 Asia-Pacific
6.3.1 Australia and New Zealand
6.3.2 China and Taiwan
6.3.3 India
6.3.4 Japan
6.3.5 South Korea
6.4 South America
6.4.1 Brazil
6.4.2 Argentina and Chile
6.5 Middle East and Africa
6.5.1 Israel
6.5.2 South Africa
6.5.3 Egypt, Saudi Arabia, and United Arab Emirates

7 Competitive Assessment
7.1 Overview
7.2 Integra LifeSciences
7.2.1 Portfolio Assessment
7.2.2 Competitive Positioning
7.3 Stryker
7.3.1 Portfolio Assessment
7.3.2 Deal Analysis
7.3.3 Competitive Positioning
7.4 Zimmer Biomet
7.4.1 Portfolio Assessment
7.4.2 Deal Analysis
7.4.3 Competitive Positioning
7.5 Swemac
7.5.1 Portfolio Assessment
7.5.2 Competitive Positioning
7.6 Wright Medical
7.6.1 Portfolio Assessment
7.6.2 Deal Analysis
7.6.3 Competitive Positioning
7.7 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: Wrist Replacement, Key Metrics, 2016-2023
Table 2: North America Wrist Replacement Procedure Volume Forecast, 2014-2023
Table 3: Europe Wrist Replacement Procedure Volume Forecast, 2014-2023
Table 4: APAC Wrist Replacement Procedure Volume Forecast, 2014-2023
Table 5: South America Wrist Replacement Procedure Volume Forecast, 2014-2023
Table 6: Middle East and Africa Wrist Replacement Procedure Volume Forecast, 2014-2023
Table 7: North America Wrist Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 8: Europe Wrist Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 9: APAC Wrist Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 10: South America Wrist Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 11: Middle East and Africa Wrist Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 12: North America Wrist Replacement Market Revenue Forecast ($M), 2014-2023
Table 13: Europe Wrist Replacement Market Revenue Forecast ($M), 2014-2023
Table 14: APAC Wrist Replacement Market Revenue Forecast ($M), 2014-2023
Table 15: South America Wrist Replacement Market Revenue Forecast ($M), 2014-2023
Table 16: Middle East and Africa Wrist Replacement Market Revenue Forecast ($), 2014-2023
Table 17: North America Wrist Replacement Company Share Analysis, 20161
Table 18: Europe Wrist Replacement Company Share Analysis, 20161, 2
Table 19: APAC Wrist Replacement Company Share Analysis, 20161
Table 20: South America Wrist Replacement Company Share Analysis, 20161, 2
Table 21: Middle East and Africa Wrist Replacement Company Share Analysis, 20161, 2
Table 22: Integra LifeSciences - Key Marketed Products Assessment
Table 23: Stryker - Key Marketed Products Assessment
Table 24: Stryker - Key Clinical Trials
Table 25: Zimmer Biomet - Key Marketed Products Assessment
Table 26: Swemac - Key Marketed Products Assessment
Table 27: Swemac - Key Clinical Trials
Table 28: Wright Medical - Key Marketed Products Assessment
Table 29: Summary of Other Players in the Wrist Replacement Market, 2016

List of Figures

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

Note: Product cover images may vary from those shown
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  • Arthrosurface
  • Evolutis
  • Extremity Medical
  • Integra LifeSciences
  • Stryker
  • Swemac
  • Wright Medical
  • 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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