MediPoint: Revision Knee Arthroplasty – South America Analysis and Market Forecasts
Summary
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 America revision knee replacement market was estimated at US$20+M in 2016 across the three markets (Argentina, Brazil, and Chile) covered in this report. By the end of the forecast period in 2023, GlobalData estimates the market will grow to approximately at a Compound Annual Growth Rate (CAGR) of 6+%.
Brazil represented the largest portion of the market in 2016, holding over 60% of the regional revenue, and is expected to maintain this dominance through the forecast period. Brazil is expected to be the slowest-growing market in the region through 2023, while Argentina and Chile each have a CAGR of 6+% respectively.
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 – South America Analysis and Market Forecasts” focuses on the market outlook for RKR devices in South America (Argentina, Brazil, and Chile). 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 depth, 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.
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 video laparoscopes market.
– Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the video laparoscopes 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 video laparoscopes market 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.