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Global and China Orthopedic Devices Market – Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2023

SKU_SAC3456
Published Date: 11/3/2017
Number of Pages: 115
Single User License $4,400.00
Multil User License $6,400.00
Global User License $8,400.00

Product Description

  •  The Global orthopedic devices market generated revenues of $40 billion in 2016. The U.S. orthopedic market contributes about 45% to the total world orthopedic market. Technological innovations across the various segments of the orthopedic industry have propelled growth. The Global orthopedic devices market is forecast to reach $61 billion by 2023. The orthopedic device market broadly focuses on joint reconstruction and replacement, spinal surgery and rehabilitation, trauma or fixation, arthroscopy, orthopedic soft goods, braces and supports and orthobiologicals, biomaterials, and growth factors.
  • The joint reconstruction and replacement devices market is the largest segment within the entire orthopedic market. Generating $XX million in 2016, this market is expected to grow at a CAGR of XX% from 2017 to 2023, and is forecast to reach about $ XX million in 2023. This segment comprises of a variety of devices intended for the reconstruction or replacement of XX million and XX million respectively. The most important driving factor for the revenue growth in this segment is the inception resurfacing technology. The shoulder implant market received revenues of about $XX million, and is to estimated to grow at CAGR of XX% throughout the forecast period to generate $ XX million in 2023. This increase in revenues can be attributed to higher average selling prices for shoulder joint implants, improvement in implant designs and surgical techniques, and growth in shoulder osteoarthritis, shoulder fractures, and inflammatory arthropathies.
    The global orthopedic devices market is expected to reach $XX billion by 2023. The market is expected to grow at compounded annual growth rate of XX% during the period. A growing geriatric population and increasing demand for noninvasive treatments are boosting the market. The knee segment leads the market in terms of revenue. The hip segment is growing at a CAGR of XX%, due to an increased number of hip fractures. North America dominates the market for orthopedic devices because of the prevalence of obesity and osteoarthritis and higher value per device. The Asia Pacific market will see significant growth due to increasing population density and expanding healthcare markets.
  • The global orthopedic devices market offers tremendous opportunity for manufacturers, as well as significant challenges, for government policymakers seeking to support export competitiveness in overseas markets. Creating new and sustained export opportunities for companies will require a concerted effort to remove or diminish market access barriers, helping firms to capture a larger share of the world import market. Encouraging and fostering Orthopedic device companies have found new opportunities for development in the face of uneven international economic growth and continually-changing regulatory systems.
  • The demographic trends strongly continue to be in favor of orthopedic interventions. Except for injuries, musculoskeletal conditions are found in increasing frequency in an aging population. The number of persons afflicted with osteoarthritis or osteoporosis increases substantially with age. Osteoarthritis is the predominant diagnosis leading to joint replacement. Osteoporosis, which is characterized by low bone mass and deterioration of bone structures, significantly increases the risk of fractures.
  • Patient influence and involvement can also boost procedure volumes substantially. Increased access to healthcare – a major target of the current U.S. healthcare reform legislation is to provide insurance coverage for up to an additional 32 million Americans – is seen as a driver for mid- to long-term growth. FDA regulatory changes, healthcare reform, evidence based medicine, and reimbursement issues will all tend to increase costs and put more downward pressure on prices and margins across the entire market. While the orthopedic market grew at double-digit rates during the last decade, the industry will likely have to adapt to single digit growth rates going forward. Whether these rates will be low or high single digits will depend on the future growth of the gross domestic product in the United States and the way in which healthcare reform is enacted.
  1.  The China orthopedic devices market generated revenues of $XX million in 2016. The China orthopedic market contributes about XX% to the total world orthopedic market. The growth of China’s middle class and an aging but more affluent population helps the sector grow. China has the largest elderly population in the world, with more than XX million people over the age of 60, roughly XX% of the country’s XX billion people. Ten million more people join this group per year.
  2. Demand for orthopedic medical devices in China could rise faster than many had predicted, with the market set to become the largest in the world within a decade. More medical insurance coverage, better health care, rising incomes and even urbanization are all driving the increasing demand for orthopedic products.
  3. Total revenue from orthopedic devices in China in the 2015 hit $ XX million, up XX% from the previous year. The market is expected to reach $ XX million by 2023, growing at a rate of XX% through 2017 to 2023.
  4. Orthopedic supplies currently make up about XX% of all materials used in minor surgeries in Mainland China. They are the second most used type of devices behind general surgery supplies.
  5. The first domestic orthopedic medical device companies in China appeared in the 1980s. In the last three decades they have grown in both numbers and size and now produce almost every type of orthopedic equipment. Some, like Shandong Weigao Orthopedic Device Company Ltd. and Shanghai Microport Orthopedics Co. Ltd., have emerged as top-notch producers with world-class products.

Table of Content

Table of Content

1 Executive Summary
2 Overview
3 Global Orthopedic Devices Market, 2016-2023
4 Top Orthopedic Market
5 Global Orthopaedic Devices Market Demand, 2016
6 Global Joint Reconstruction Market, 2016
7 Global Spinal Devices Market, 2016-2023 (US$ Mn)
8 Global Orthobiologics Market, 2016 (% Share)
9 China Orthopedic Devices Market
11 Introduction
12 China Medical Devices Market (US$ Bn)
13 China Orthopedic and Other Medical Devices Market Growth Rate
14 China Orthopedic Devices Market ($ Mn), 2016-2023
15 Market Share: Local Vs International , 2016
16 Market Revenue of Major Chinese Orthopedic Companies, 2015 (US$ Mn)
17 MNCs Penetration In China Orthopedic Market
18 Local Companies Penetration In China Orthopedic Market (US$ Mn)

19 Preface
20 Report Scope and Market Segmentation
21 Aim & Objectives
22 Report Description
23 Research Methodology
24 Market Segmentation
25 Assumptions
26 Data and Prediction Modeling

27 Market Overview
28 Introduction
29 Global Orthopedic Devices Market Overview (Addressable Market Size and Growth Potential), 2012-2016
30 North America
31 Europe
32 Asia Pacific
33 Rest of the World

34 Recent Historical Trends 2013-2016
35 World Economic Outlook of Orthopedic Devices Market, 2016
36 Key Market Development and Strategies
37 Merger, Acquisition, and Collaboration
38 Industrial Regulations
39 Market Overview China Orthopedic Devices
40 China Healthcare System
41 Healthcare Comparison with Developed Nations

42 China Medical Devices Market Overview
43 China Orthopedic Devices Market by Product
44 China Orthopedic Devices Major Import Destination
45 Regulatory Environment
46 Regulations
47 key regulatory bodies
48 Medical Devices Classification
50 Product Registration
51 Clinical Trails
52 Market Entry
53 Procurement

54 Market Dynamics
55 Introduction
56 Drivers
57 Increasing aging population contributes to rise in arthritis patient population
58 Hip resurfacing technology expands market potential to include younger patients, increasing revenue potential
59 Growing acceptance of bone graft products spurred by an influx of positive clinical data increases demand for bone grafts
60 Restrains
61 High Cost of Orthopedic implant Hampering Penetration into Asian Markets
62 Reluctance in Accepting Novel Technologies at the Gp Level Creates a Negative Impact on Sales

63 Major Demand Determinants, Procedure volume
64 HIP Replacement Statistics
65 New Zealand
66 Canada
67 Spain
68 Israel
69 Turkey
70 Korea
71 Mexico
72 France
73 U.S.
74 Japan
75 China
76 Belgium
78 Russia
79 Brazil
80 U.K.

81 Knee Replacement Statistics
82 New Zealand
83 Canada
84 Spain
85 Israel
86 Turkey
87 Korea
88 Mexico
89 France
90 U.S.
91 Japan
92 China
93 Belgium
94 Russia
95 Brazil
96 U.K.

97 Global Orthopedic Devices Market by Product
98 Overview
99 ORTHOBIOLOGICS
100 BONE ALLOGRAFT
101 BONE GRAFT SUBSTITUTES
102 BONE GROWTH FACTORS & SPINAL STIMULATION
103 STEM CELL THERAPY
104 Others
105 JOINT RECONSTRUCTION
106 ANKLE REPLACEMENT
107 Total ankle replacement
108 Ankle fusion
109 DIGITS REPLACEMENT
110 ELBOW REPLACEMENT
111 HIP REPLACEMENT
112 Hip resurfacing
113 Total hip replacement
114 KNEE REPLACEMENT
115 Partial knee replacement
116 Total knee replacement
117 SHOULDER REPLACEMENT
118 Total shoulder replacement
119 Shoulder resurfacing
120 SPINAL DEVICES
121 SPINAL FUSION DEVICES
122 Rod and Stem
123 Screw
124 Pin and Wires
125 Hooks
126 Plates
127 Cage
128 Spacer
129 SPINAL NON-FUSION DEVICES
130 Vertebroplasty Devices
131 Kyphoplasty Devices
132 Artificial Discs Replacement
133 Dynamic Stabilization Devices
134 TRAUMA FIXATION DEVICES
135 INTERNAL FIXATOR DEVICES
136 Rod and Stem
137 Screw
138 Pin and Wires
139 Hooks
140 Plates
141 External FIXATOR DEVICES
142 ARTHROSCOPIC DEVICES
143 ARTHROSCOPES
144 ARTHROSCOPIC HAND INSTRUMENT
145 FLUID MANAGEMENT DEVICES
146 POWER SHAVER SYSTEMS
147 RADIOFREQUENCY PROBE
148 DRILL GUIDE
149 ORTHOPEDIC ACCESSORIES
150 BONE CEMENT
151 CASTING SYSTEM
152 REMOVAL SYSTEMS
153 ORTHOPEDIC BRACES & SUPPORT SYSTEMS
154 SPINAL ORTHOSIS
155 ANKLE BRACES & SUPPORTS
156 KNEE BRACES & SUPPORTS
157 WRIST BRACES
158 UPPER EXTREMITY BRACES
159 Other Implants

160 China Orthopedic Devices by Product
161 ORTHOBIOLOGICS
162 BONE ALLOGRAFT
163 BONE GRAFT SUBSTITUTES
164 BONE GROWTH FACTORS & SPINAL STIMULATION
165 STEM CELL THERAPY
166 Others
167 JOINT RECONSTRUCTION
168 DIGITS REPLACEMENT
169 ELBOW REPLACEMENT
170 HIP REPLACEMENT
171 KNEE REPLACEMENT
172 SHOULDER
173 SPINAL DEVICES
174 TRAUMA FIXATION DEVICES
175 ARTHROSCOPIC DEVICES
176 ORTHOPEDIC ACCESSORIES

177 Global Orthopaedic Devices Market by Material
178 Overview
179 Biologics and Substitutes
180 Ceramic
181 Metal
181 Metal Alloy
182 Bio absorbable Polymers
183 Biodegradable Polymers
184 Other Advanced Material

186 Global Orthopedic Devices by End-User, 2016-2023 (US$, Million)
188 Overview
189 Hospitals
190 Specialty Clinic
191 GPs and Physician Offices

192 Global Orthopedic Devices Market by Region, 2016-2023 (US$, Million)
193 Overview

194 North America

195 U.S.
196 ORTHOBIOLOGICS
197 JOINT RECONSTRUCTION Devices
198 SPINAL DEVICES
199 TRAUMA FIXATION DEVICES
200 ARTHROSCOPIC DEVICES
201 ORTHOPEDIC ACCESSORIES
202 Other Implants

203 Canada
204 ORTHOBIOLOGICS
205 JOINT RECONSTRUCTION Devices
206 SPINAL DEVICES
207 TRAUMA FIXATION DEVICES
208 ARTHROSCOPIC DEVICES
209 ORTHOPEDIC ACCESSORIES
210 Other Implants

211 Europe

212 U.K.
213 ORTHOBIOLOGICS
214 JOINT RECONSTRUCTION Devices
215 SPINAL DEVICES
216 TRAUMA FIXATION DEVICES
217 ARTHROSCOPIC DEVICES
218 ORTHOPEDIC ACCESSORIES
219 Other Implants

220 Germany
221 ORTHOBIOLOGICS
222 JOINT RECONSTRUCTION Devices
223 SPINAL DEVICES
224 TRAUMA FIXATION DEVICES
225 ARTHROSCOPIC DEVICES
226 ORTHOPEDIC ACCESSORIES
227 Other Implants

228 France
229 ORTHOBIOLOGICS
230 JOINT RECONSTRUCTION Devices
231 SPINAL DEVICES
232 TRAUMA FIXATION DEVICES
233 ARTHROSCOPIC DEVICES
234 ORTHOPEDIC ACCESSORIES
234 Other Implants

235 Italy
236 ORTHOBIOLOGICS
237 JOINT RECONSTRUCTION Devices
238 SPINAL DEVICES
239 TRAUMA FIXATION DEVICES
240 ARTHROSCOPIC DEVICES
241 ORTHOPEDIC ACCESSORIES
242 Other Implants

243 Asia Pacific

244 Japan
245 ORTHOBIOLOGICS
246 JOINT RECONSTRUCTION Devices
247 SPINAL DEVICES
248 TRAUMA FIXATION DEVICES
249 ARTHROSCOPIC DEVICES
250 ORTHOPEDIC ACCESSORIES
251 Other Implants

252 China
253 ORTHOBIOLOGICS
254 JOINT RECONSTRUCTION Devices
255 SPINAL DEVICES
256 TRAUMA FIXATION DEVICES
257 ARTHROSCOPIC DEVICES
258 ORTHOPEDIC ACCESSORIES
259 Other Implants

260 South Korea
261 ORTHOBIOLOGICS
262 JOINT RECONSTRUCTION Devices
263 SPINAL DEVICES
264 TRAUMA FIXATION DEVICES
265 ARTHROSCOPIC DEVICES
266 ORTHOPEDIC ACCESSORIES
267 Other Implants

268 Latin America

269 Brazil
270 ORTHOBIOLOGICS
271 JOINT RECONSTRUCTION Devices
272 SPINAL DEVICES
273 TRAUMA FIXATION DEVICES
274 ARTHROSCOPIC DEVICES
275 ORTHOPEDIC ACCESSORIES
276 Other Implants

277 Mexico
278 ORTHOBIOLOGICS
279 JOINT RECONSTRUCTION Devices
280 SPINAL DEVICES
281 TRAUMA FIXATION DEVICES
282 ARTHROSCOPIC DEVICES
283 ORTHOPEDIC ACCESSORIES
285 Other Implants

286 Chile
287 ORTHOBIOLOGICS
288 JOINT RECONSTRUCTION Devices
289 SPINAL DEVICES
290 TRAUMA FIXATION DEVICES
291 ARTHROSCOPIC DEVICES
292 ORTHOPEDIC ACCESSORIES
293 Other Implants

294 RoW
295 ORTHOBIOLOGICS
296 JOINT RECONSTRUCTION Devices
297 SPINAL DEVICES
298 TRAUMA FIXATION DEVICES
299 ARTHROSCOPIC DEVICES
300 ORTHOPEDIC ACCESSORIES
301 Other Implants
302 Competitive Landscape
303 Market Share Analysis, 2015 & 2016,
304 Growth Share Matrix

305 Company Profiles
306 •AAP IMPLANTATE AG
308 •AESCULAP INC
309 •ALPHATEC SPINE
310 •ARTHROCARE CORPORATION
311 •Zimmer Biomet
312 •DePuy Synthes
313 •GLOBUS MEDICAL INC
314 •MEDTRONIC INC
315 •NUVASIVE INC
316 •Beijing Montagne Medical Device
317 •Trauson (Stryker)
318 •Hangzhou Kanghui Medical Innovation(Medtronic)
319 •Weigao Orthopaedic Device Co.
320 •SMITH & NEPHEW PLC
321 •United Orthopedic Corporation
322 •Kinetic Medical Co., Ltd
323 •Waston Medical Co., Ltd.
324 •Shandong Weigao Group
325 •Double Care Medical

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