MediPoint: Wrist Replacement – North America Analysis and Market Forecasts

2017-05-01
Price :
Published : May-2017
No. of Pages : 33

MediPoint: Wrist Replacement – North America Analysis and Market Forecasts

Summary

Total wrist arthroplasty (TWA) is a surgical intervention with the goal of reducing wrist pain and increasing joint mobility for patients suffering from rheumatoid arthritis (RA) and is increasingly being used for other indications such as osteoarthritis (OA) and posttraumatic arthritis. It is recommended in cases where less invasive operative techniques are ineffective and as an alternative to total wrist fusion (TWF). For low-demand patients, total wrist replacement (TWR) provides the necessary range of motion to engage in normal daily activities, although it remains a relatively rare procedure.

The North American wrist replacement market was estimated at US$18.4M in 2016 across the three markets covered in this report (Canada, Mexico, and US). By the end of the forecast period in 2023, it is estimated that the market will grow to approximately US$22.9M at a Compound Annual Growth Rate (CAGR) of 3.1%.

The US represented the largest portion of the market in 2016, holding more than 90% of the regional revenue, and is expected to maintain this dominance through the forecast period. Mexico is expected to be the fastest-growing market through 2023, at a CAGR of 3.3%, while the slowest growth will be observed in Canada with a CAGR of 2.6%.

Most of the wrist replacement market is occupied by a few players, including Stryker, Zimmer Biomet, Wright Medical, and Integra LifeSciences. These companies are dominant players in the medical device industry with significant clinical research data driving product adoption as well as expansive sales and distribution networks. Innovation as well as good educational and technical support from these manufacturers can significantly accelerate the uptake of new technologies. There is need for technology development in the bearing surface and the fixation of the hand component of wrist implants, and key players have incentives to invest in the preoperative training of surgeons. Old and new medical device companies looking to enter the small joint replacement market should understand that only through well-designed teaching seminars and efficient communication with surgeons will the market enjoy better growth.

The report “MediPoint: Wrist Replacement – North America Analysis and Market Forecasts” focuses on the market outlook for wrist replacement devices in North America (Canada, Mexico, and US). The analysis identifies the key unmet needs in the wrist replacement 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 wrist replacement market. Insightful review of industry drivers, barriers, and challenges.

Companies mentioned in this report: Integra LifeSciences, Zimmer Biomet, Wright Medical, Stryker, Swemac, Evolutis, Extremity Medical, Arthrosurface

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 North American wrist replacement 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 wrist replacement market.
– Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the wrist replacement 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 wrist replacement 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.

Filed in: Medical Device, Orthopedic Devices
Publisher : GlobalData
More Reports
Title Price Buy Now

China Neurovascular Coiling Assist Procedures Outlook to 2025

China Neurovascular Coiling Assist Procedures Outlook to 2025 Summary GlobalData's new report, China Neurovascular Coiling Assist Procedures Outlook to 2025, provides key procedures data on the China Neurovascular Coiling Assist Procedures. The report provides procedure volumes within market segments - Coiling Assist Balloons Procedures and Coiling Assist Stents Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and primary interviews with physicians to e......
$2995

Brazil ICP Procedures Outlook to 2025

Brazil ICP Procedures Outlook to 2025 Summary GlobalData's new report, Brazil ICP Procedures Outlook to 2025, provides key procedures data on the Brazil ICP Procedures. The report provides procedure volumes within market segment - ICP Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and primary interviews with physicians to establish the target patient population and treatment flow patterns for individual diseases and therapies. Using prevalence and inc......
$2995

United Kingdom Neurovascular Thrombectomy Procedures Outlook to 2025

United Kingdom Neurovascular Thrombectomy Procedures Outlook to 2025 Summary GlobalData's new report, United Kingdom Neurovascular Thrombectomy Procedures Outlook to 2025, provides key procedures data on the United Kingdom Neurovascular Thrombectomy Procedures. The report provides procedure volumes within market segments - Aspiration Retrievers Procedures, Stent Retrievers Procedures and Stent+Aspiration Retriever Combination Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from ......
$2995

Japan Neurovascular Thrombectomy Procedures Outlook to 2025

Japan Neurovascular Thrombectomy Procedures Outlook to 2025 Summary GlobalData's new report, Japan Neurovascular Thrombectomy Procedures Outlook to 2025, provides key procedures data on the Japan Neurovascular Thrombectomy Procedures. The report provides procedure volumes within market segments - Aspiration Retrievers Procedures, Stent Retrievers Procedures and Stent+Aspiration Retriever Combination Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and p......
$2995

Germany Neurovascular Coiling Assist Procedures Outlook to 2025

Germany Neurovascular Coiling Assist Procedures Outlook to 2025 Summary GlobalData's new report, Germany Neurovascular Coiling Assist Procedures Outlook to 2025, provides key procedures data on the Germany Neurovascular Coiling Assist Procedures. The report provides procedure volumes within market segments - Coiling Assist Balloons Procedures and Coiling Assist Stents Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and primary interviews with physician......
$2995

Russia Intracranial Stenting Procedures Outlook to 2025

Russia Intracranial Stenting Procedures Outlook to 2025 Summary GlobalData's new report, Russia Intracranial Stenting Procedures Outlook to 2025, provides key procedures data on the Russia Intracranial Stenting Procedures. The report provides procedure volumes within market segment - Intracranial Stenting Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and primary interviews with physicians to establish the target patient population and treatment flow ......
$2995

Spain Neurovascular Thrombectomy Procedures Outlook to 2025

Spain Neurovascular Thrombectomy Procedures Outlook to 2025 Summary GlobalData's new report, Spain Neurovascular Thrombectomy Procedures Outlook to 2025, provides key procedures data on the Spain Neurovascular Thrombectomy Procedures. The report provides procedure volumes within market segments - Aspiration Retrievers Procedures, Stent Retrievers Procedures and Stent+Aspiration Retriever Combination Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and p......
$2995

China Neurovascular Accessory Procedures Outlook to 2025

China Neurovascular Accessory Procedures Outlook to 2025 Summary GlobalData's new report, China Neurovascular Accessory Procedures Outlook to 2025, provides key procedures data on the China Neurovascular Accessory Procedures. The report provides procedure volumes within market segments - Microcatheters Procedures, Microguidewires Procedures and Support Catheters Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and primary interviews with physicians to e......
$2995

United Kingdom Neurovascular Coiling Assist Procedures Outlook to 2025

United Kingdom Neurovascular Coiling Assist Procedures Outlook to 2025 Summary GlobalData's new report, United Kingdom Neurovascular Coiling Assist Procedures Outlook to 2025, provides key procedures data on the United Kingdom Neurovascular Coiling Assist Procedures. The report provides procedure volumes within market segments - Coiling Assist Balloons Procedures and Coiling Assist Stents Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and primary inte......
$2995

Japan Neurovascular Coiling Assist Procedures Outlook to 2025

Japan Neurovascular Coiling Assist Procedures Outlook to 2025 Summary GlobalData's new report, Japan Neurovascular Coiling Assist Procedures Outlook to 2025, provides key procedures data on the Japan Neurovascular Coiling Assist Procedures. The report provides procedure volumes within market segments - Coiling Assist Balloons Procedures and Coiling Assist Stents Procedures. The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast the procedure volumes. The objective is to provide information that represents the most up-to-date data of the industry possible. The epidemiology-based forecasting model makes use of epidemiology data gathered from research publications and primary interviews with physicians to e......
$2995
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy