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MediPoint: Revision Knee Arthroplasty - North America Analysis and Market Forecasts

MediPoint: Revision Knee Arthroplasty - North America Analysis and Market Forecasts

  • June 2017
  • 35 pages
  • ID: 5068711
In this report:
THE US' REVISION KNEE REPLACEMENT MARKET WAS VALUED AT $##.##M IN 2016 AND IS EXPECTED TO GROW TO $##.##M IN 2023 AT A CAGR OF ##.##%, REPRESENTING A MAJOR SHARE OF REVENUE IN THE GLOBAL MARKET.
IN PARTICULAR, NET SALES FOR THE TRAUMA AND EXTREMITIES SECTOR WAS $##.## BILLION, DEMONSTRATING A ##.##% GROWTH OVER 2015 NET SALES (STRYKER, PRESS RELEASE, JANUARY ##, 2017).

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MediPoint: Revision Knee Arthroplasty - North America Analysis and Market Forecasts

Brief

North American revision knee replacement market was estimated at US$650+M in 2016 across the three markets included in this market report (Canada (CA), Mexico (MX), and the U.S.). By the end of the forecast period in 2023, it is estimated that the sector will grow to approximately at a Compound Annual Growth Rate of 4.00 percent. The U.S. represented the biggest portion of the market in 2016 and is anticipated to maintain this dominance through the forecast period. Mexico (MX) is anticipated to be the quickest-increasing market through 2023.

After the 2015 megamerger of Zimmer and Biomet, the current ambitious landscape in the overall knee reconstruction market is relatively stable, with Zimmer Biomet, the clear leader, representing almost one third of the market. DePuy Synthes, Stryker, and Smith & Nephew are also main competitors in the field, accounting for approximately half of global revenues in the sector. The remainder of the market is occupied by different small- to mid-cap orthopedic companies, with MicroPort and Exactech leading the pack.

Revision Knee Replacement is a surgical procedure wherein a surgeon replaces part or all of a patient's previously implanted knee prosthesis with a additional one. The knee is one of the most popular joints for reconstruction surgery, and therefore there is a proportionally big volume of knee revision cases. The primary challenge in revision knee replacement remains the restoration of an adequate joint line and joint stability. However, this might be complicated by a loss of bone stock and difficulties in identifying efficient bony landmarks because of the implant failure, or by difficulties in removing the components themselves.

The industry report "MediPoint: Revision Knee Arthroplasty - North America Analysis and Market Forecasts" focuses on the market outlook for RKR devices in North America continent (Canada (CA), Mexico (MX), and US). The analysis determines the top unmet needs in the RKR market, discusses the main drivers and barriers of adoption, and provides an detailed understanding of physicians' perceptions and the future outlook for this sector by segment and geography.

In depth, this business report provides the following -

- Overview of new main industry events and analysis of their market impact.

- Annualized global market revenue, procedure trends, and market outlooks by segment and by region through 2023.

- Key topics covered include tactical competitor assessment, market characterization, identification of unmet needs, reimbursement considerations, evaluating market access in each region examined in the study, and implications of the emerging technologies in the industry.

- Analysis of the current and future market competition in the overall RKR market. Insightful review of industry drivers, barriers, and challenges.

Corporations mentioned in this industry report: DePuy Synthes, MicroPort Orthopedics, Smith & Nephew, Stryker, Zimmer Biomet.

Overview

- Overview of new top industry events and analysis of their market impact.

- Annualized global market revenue, procedure trends, and market outlooks by segment and by region through 2023.

- Key topics covered include tactical competitor assessment, market characterization, identification of unmet needs, reimbursement considerations, evaluating market access in each region included in the analysis, and implications of the emerging technologies in the sector.

- Analysis of the current and future market competition in the overall RKR market. Insightful review of industry drivers, barriers, and challenges.

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ref:plp2017

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