MediPoint: Revision Knee Arthroplasty – Middle East and Africa Analysis and Market Forecasts

2017-06-01
Price :
Published : Jun-2017
No. of Pages : 34

MediPoint: Revision Knee Arthroplasty – Middle East and Africa Analysis and Market Forecasts

Summary

Middle East and Africa revision knee replacement market was estimated at US$8.8M in 2016 across the five markets (Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates [UAE]) covered in this report. By the end of the forecast period in 2023, it is estimated that the market will grow to approximately at a Compound Annual Growth Rate (CAGR) of 6+%.

Revision Knee Replacement is a surgical procedure wherein a surgeon replaces part or all of a patient’s previously implanted knee prosthesis with a new one. The knee is one of the most popular joints for reconstruction surgery, and therefore there is a proportionally large 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 relevant bony landmarks because of the implant failure, or by difficulties in removing the components themselves.

South Africa represented the largest portion of the market in 2016, holding over 40% of the regional revenue, and is expected to maintain this dominance through the forecast period. Saudi Arabia is expected to be the fastest-growing market through 2023.

After the 2015 megamerger of Zimmer and Biomet, the current competitive landscape in the global 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 (S&N) are also key competitors in the field, accounting for approximately half of total revenues in the sector. The remainder of the market is occupied by several small- to mid-cap orthopedic companies, with MicroPort and Exactech leading the pack.

The report “MediPoint: Revision Knee Arthroplasty – Middle East and Africa Analysis and Market Forecasts” focuses on the market outlook for RKR devices in the Middle East and Africa (Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates). The analysis identifies the key unmet needs in the RKR 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 RKR market. Insightful review of industry drivers, barriers, and challenges.

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

Scope

– 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 RKR market. Insightful review of industry drivers, barriers, and challenges.

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Filed in: Medical Device, Orthopedic Devices
Publisher : GlobalData
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