World Spine Industry Overview Report

• Publication date: April 2011

Spine industry is categorized into four disorders: degenerative conditions, deformities, trauma-based disorders and tumors. Spinal implants include both fusion and non-fusion devices: devices associated with Vertebral Compression Fracture (VCF), interbody devices, cervical, thoracolumbar, and spinal stimulation devices. Introduction of motion preserving technologies like artificial disc replacement, interspinous spacers, and dynamic stabilization...

Spine industry is categorized into four disorders: degenerative conditions, deformities, trauma-based disorders and tumors. Spinal implants include both fusion and non-fusion devices: devices associated with Vertebral Compression Fracture (VCF), interbody devices, cervical, thoracolumbar, and spinal stimulation devices. Introduction of motion preserving technologies like artificial disc replacement, interspinous spacers, and dynamic stabilization technologies in the recent past have provided surgeons with alternatives to fusion for some patients with these conditions.

The fastest growing sectors in orthopedic industry are orthobiologics, spine and trauma, but spine contributes the most. Growth continues to be fuelled by number of factors including the ageing population, the uptake of orthopedic surgery at an earlier age, physiological problems due to the increasing incidence of obesity, the development of better and longer-lasting implants and materials, as well as the new procedures, in particular, minimally-invasive procedures. The growing economic prosperity of countries like India and China has provided growth opportunity in orthopedic surgeries in Asia-pacific.

The US spinal fusion industry is thriving on the back of aging population, growing number of younger patients due to rise in income level and urbanization, changing lifestyles, and good reimbursement with product innovations. Statistics suggest that millions of people are likely to suffer from osteoporosis in the US alone. The spine sector holds the largest share in the osteoporotic related compression fractures in the US.

DePuy Spine, Medtronic Spinal and Biologics, Stryker Spine, Synthes Spine, and Zimmer Spine are some of the leading industry competitors, followed by many smaller industry players which are gradually gaining share. Medtronic is the clear industry leader, having bolstered its position with the 2007 take over of Kyphon.

The report offers an analysis of the global spine industry . It also discusses major industry trends, growth drivers, and BCG & Market analysis and industry sectors . It presents the competitive structure of the market and profiles major players in the spine industry with a discussion of their key business strategies.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the market . We employed various significant variables that have an impact on this market and created regression models with SPSS Base to determine the future direction of the market . Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables, and tests.

Orthopedic Industry in China

I. Introduction

I. 1 Regions of the Spine
I. 2 Spinal & Orthobiologic Products
I. 3 Disorders Affecting the Spine

II. Spine Industry Definition

II. 1 Worldwide Orthopedics Industry

Market Value & Growth Rate
Market Segments
Breakdown by Geography

II. 2 Global Spine Industry

Market Value & Growth Rate
Market Segments

II. 3 US Spine Industry

Market Value & Growth Rate
Market Segments

II. 3 Global Vertebral Compression Fracture Industry

Market Overview
Market Size
Geographical Breakdown

III. China – Emerging Industry

Orthopedic Implant Industry
Spine Implant Industry
Market Leaders

IV. Competitive Environment of Spine Industry

IV. 1 Competitive Industry Model

V. Key Market Drivers

V. 1 Increasing Aging Population
V. 2 Rising Urban Population
V. III. Rising Gross National Income

VI. Industry Trends

VI. 1 Technological Advancements Driving Multiple Non-Fusion Options
VI. 2 Obesity & Spinal Disorders
VI. 3 Growth Potential in Asia-Pacific Region

VII. Industry Player s

VII. I. Medtronic

Company Overview
Key Financials
Business Strategies
Acquisitions, Investments and Alliances
Sales & Industry ing Strategy

VII. 2 J&J (DePuy)

Company Overview
Key Financials
Major Milestones

VII. 3 Synthes

Company Overview
Key Financials
Business Strategies
Creating More Logistics Points in Brazil
Emerging Industry in China
Expansion of Revenues Force in Asia Pacific

VII. 4 Stryker

Company Overview
Key Financials
Business Strategies
New Product Development

VII. 5 Zimmer Holdings

Company Overview
Key Financials
Business Strategies
Sales Growth through Product Development
Efficient Manufacturing and Distribution

VII. 6 NuVasive

Company Overview
Key Financials
Business Strategies
Developing Innovative Products
Expand the Reach of Exclusive Revenues Force

VIII. Industry Outlook

VIII. 1 Industry Projection
VIII. 2 Projection Methodology
VIII. II. 1 Dependent and Independent Variables
VIII. II. 2 Correlation Analysis
VIII. II. 3 Regression Analysis

List of Charts

Worldwide Orthopedics Industry Outlook (2007-2012E)
Worldwide Orthopedics Industry by Segments (2010)
Worldwide Orthopedics Industry Value by Geography (2009-2010)
Worldwide Spine Industry , from 2006 to 2010
Global Spinal Surgery Industry by Segments (2009-2014E)
Worldwide Estimates of Spinal Fusion/Artificial Disc Industry , 2009 & 2014E
Thoracolumbar Spinal Fusion Industry Revenues (2007-2012E)
Deformities Spinal Fusion Industry Revenues (2007-2012E)
US Spine Industry Segmentation, 2009
US Spine Industry Outlook (2007-2012E)
Vertebral Compression Fracture Industry by Geography (2009)
China’s Orthopedic Implant Industry (2007-2012E)
China’s Orthopedic Implant Industry Share Based on Total Industry (2006-2012E)
China’s Orthopedic Implant Industry (%, 2009)
China’s Spine Implant Industry (2006-2012E)
BCG Matrix
Industry Attractiveness Matrix
Population Over 65 Years of Age (2005-2010)
Global Urban Population (2005-2010)
World Gross National Income (2005-2010)
Medtronic - Net Revenues by Business Segment (%), 2010
Medtronic - Net Revenues Generated by Sub-Segments of Spine Industry , 2010
Medtronic - Net Revenues and Net Earnings Comparison, from 2006 to 2010
Net Revenues Estimates for (DePuy) J&J (2005-2010
DePuy - Industry Segment Growth Rate Estimates (2006-2010)
Synthes - Revenues by Geographic Segment (%), 2010
Synthes - Revenues Force Growth in 2010
Synthes - Net Revenues and Net Earning Comparison (2006-2010)
Stryker - Revenues by Business Segment (%), 2009
Stryker - Net Revenues and Net Earning Comparison (2007-2010)
Stryker - Revenues by Geography (2010, %)
Zimmer - Revenues by Spine Segment, 2010
Net Revenues Estimates of Zimmer (2006-2010)
Zimmer - Revenues by Geographic Segment (%, 2010)
Nuvasive - Revenue Growth, from 2006 to 2010
Global Spine Industry Projection from 2011 to 2015

List of Tables

Product Overview
US Spinal Fusion Summary (2006-2012E)
US Vertebral Compression Fracture Industry (2006-12E)
Top Firms in the Spine Industry in China (2009)
Company wise Revenues for Spine Industry (2009-10)
Company CAGR for Spine Industry (2007-2010)
Dependent & Independent Variables (2005–2010)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output