MediPoint: Artificial Disc Replacement - North America Analysis and Market Forecasts

  • ID: 4370756
  • Report
  • Region: America, North America, United States
  • 29 pages
  • GlobalData
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FEATURED COMPANIES

  • Globus Medical
  • Medtronic
  • Zimmer Biomet
  • MORE
MediPoint: Artificial Disc Replacement - North America Analysis and Market Forecasts

Summary

Growing aging populations worldwide are driving the expansion of specific disease populations, including degenerative spinal diseases and disorders. As prevalence of these conditions increases, manufacturers are focused on creating innovative and effective treatment solutions for these patient pools. Spinal pathology management has traditionally centered on decompression, correction of deformity, and stabilization. Spinal fusion is currently considered the gold standard in degenerative disc disease treatment, accomplishing both deformity correction and stabilization. However, sequelae associated with a successful fusion procedure have driven attention towards nonfusion technologies, which are expected to challenge the growth of spinal fusion during the forecast period.

North American ADR market was estimated at US$274.6M in 2016 across the three markets (Canada, Mexico, and the US) covered in this report. By the end of the forecast period in 2023, it is estimated that the market will grow to approximately US$614.5M at a Compound Annual Growth Rate (CAGR) of 12.2%.

Key drivers of the ADR market in the forecast period are -
  • The growing prevalence of degenerative spinal conditions due to the aging population
  • Advantages over traditional spinal fusion procedures, including motion preservation and reduced likelihood of reoperation
North American ADR market is projected to grow at a CAGR of 12.2% during the forecast period. The US represented the largest portion of the market in 2016, holding nearly 94.0% of the regional revenue, and is expected to maintain this dominance through the forecast period. The US is also expected to be the fastest-growing market through 2023, at a CAGR of 12.5%, while the slowest growth will be observed in Mexico at a CAGR of 5.1%.

The leading players in the global ADR market are large multinationals with an established presence in the orthopedic and spine markets. DePuy Synthes and Medtronic are the chief players in the space, followed by Globus Medical and Zimmer Biomet. Beyond these major players, the current market includes small- to mid-sized spine companies with ADR products marketed in various geographies, mainly outside the US.

The report "MediPoint: Artificial Disc Replacement - North America Analysis and Market Forecasts" focuses on the market outlook for ADR products in North America (Canada, Mexico, and 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.

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 North American ADR 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, Zimmer Biome.

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 ADR 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 ADR market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the ADR 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 ADR 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
  • Zimmer Biomet
  • MORE
1 About the Authors

2.
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 ADR Market
3.4 ADR 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 North America
6.1.1 Canada
6.1.2 Mexico
6.1.3 US

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 News and Deals Analysis
7.4.4 Competitive Positioning
7.5 Zimmer Biomet
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 North America ADR Market
Table 2: North America Artificial Discs Volume Forecast, 2014-2023
Table 3: North America Artificial Discs Average Selling Price Forecast ($), 2014-2023
Table 4: North America Artificial Discs Market Revenue Forecast ($M), 2014-2023
Table 5: North America Spinal Nonfusion 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: Zimmer Biomet - Key Marketed Products Assessment
Table 10: Summary of Other Players in the ADR Market, 2017

List of Figures
Figure 1: ADR Sales for North 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
  • 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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