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MediPoint: Artificial Disc Replacement - Middle East and Africa Analysis and Market Forecasts

MediPoint: Artificial Disc Replacement - Middle East and Africa Analysis and Market Forecasts

Summary

Growing aging populations worldwide are driving the expansion of specific disease populations, including degenerative spinal diseases and disorders. As prevalence of these conditions increases, manufacturers are focused on creating innovative and effective treatment solutions for these patient pools. Spinal pathology management has traditionally centered on decompression, correction of deformity, and stabilization. Spinal fusion is currently considered the gold standard in degenerative disc disease treatment, accomplishing both deformity correction and stabilization. However, sequelae associated with a successful fusion procedure have driven attention towards nonfusion technologies, which are expected to challenge the growth of spinal fusion during the forecast period.

Middle East and Africa ADR market was estimated at US$1.4M 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 US$1.9M at a Compound Annual Growth Rate (CAGR) of 4.3%.

Key drivers of the ADR market in the forecast period are -

  • The growing prevalence of degenerative spinal conditions due to the aging population.
  • Advantages over traditional spinal fusion procedures, including motion preservation and reduced likelihood of reoperation.
Middle East and Africa ADR market is projected to grow at a CAGR of 4.3% during the forecast period. South Africa represented the largest portion of the market in 2016, holding 48.6% of the regional revenue, and is expected to maintain this dominance through the forecast period. Israel is expected to be the fastest-growing market through 2023, at a CAGR of 5.1%, while the slowest growth will be observed in the UAE at a CAGR of 2.1%.

The leading players in the global ADR market are large multinationals with an established presence in the orthopedic and spine markets. DePuy Synthes and Medtronic are the chief players in the space, followed by Globus Medical and Zimmer Biomet. Beyond these major players, the current market includes small- to mid-sized spine companies with ADR products marketed in various geographies, mainly outside the US.

The report MediPoint: Artificial Disc Replacement - Middle East and Africa Analysis and Market Forecasts focuses on the market outlook for ADR products in the Middle East and Africa (Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates). The analysis discusses the major drivers and barriers of adoption, and provides an in-depth understanding of 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 by type of device, procedure trends, and market outlooks by segment and by country through 2023.
  • Key topics covered include strategic competitor assessment, market characterization, and implications of the emerging technologies in the market.
  • Pipeline analysis: Comprehensive data split across different stages of development, including a discussion of emerging trends and devices in development.
  • Analysis of the current and future market competition in the Middle East and Africa ADR market. Insightful review of the key industry drivers, barriers, and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
Companies mentioned in this report: DePuy Synthes, Globus Medical, Medtronic, Zimmer Biome

Scope
  • Overview of recent key industry events and analysis of their market impact.
  • Annualized total market revenue by type of device, procedure trends, and market outlooks by segment and by country through 2023.
  • Key topics covered include strategic competitor assessment, market characterization, and implications of the emerging technologies in the market.
  • Pipeline analysis: Comprehensive data split across different stages of development, including a discussion of emerging trends and devices in development.
  • Analysis of the current and future market competition in the Middle East and Africa ADR market. Insightful review of the key industry drivers, barriers, and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
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 ADR market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the ADR 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 ADR markets 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.


1 About the Authors 2
2 Table of Contents 3
2.1 List of Tables 5
2.2 List of Figures 5
3 Executive Summary 6
3.1 Overview 6
3.2 Market Dynamics 7
3.3 Key Players in the ADR Market 8
3.4 ADR Market Future Outlook 8
4 Introduction 9
4.1 Catalyst 9
4.2 Related Reports 9
4.3 Upcoming Related Reports 10
5 Market Outlook 11
5.1 Procedure Trends 11
5.2 Pricing Trends 12
5.3 Revenue Trends 12
5.4 Company Share Analysis 13
6 Market Insights 14
6.1 Middle East and Africa 14
6.1.1 Israel 14
6.1.2 South Africa 14
6.1.3 Egypt, Saudi Arabia, and United Arab Emirates 14
7 Competitive Assessment 16
7.1 Overview 16
7.2 DePuy Synthes (Johnson & Johnson) 17
7.2.1 Overview 17
7.2.2 Portfolio Assessment 17
7.2.3 Competitive Positioning 18
7.3 Globus Medical 18
7.3.1 Overview 18
7.3.2 Portfolio Assessment 19
7.3.3 News and Deals Analysis 19
7.3.4 Competitive Positioning 19
7.4 Medtronic 20
7.4.1 Overview 20
7.4.2 Portfolio Assessment 20
7.4.3 Competitive Positioning 21
7.5 Zimmer Biomet 21
7.5.1 Overview 21
7.5.2 Portfolio Assessment 22
7.5.3 News and Deals Analysis 22
7.5.4 Competitive Positioning 22
7.6 Other Players 23
8 Appendix 24
8.1 Bibliography 24
8.2 Abbreviations 24
8.3 Methodology 25
8.3.1 Overview 25
8.3.2 Coverage 25
8.3.3 Secondary Research 25
8.3.4 Forecasting Methodology 26
8.3.5 Primary Research Summary 27
8.4 About MediPoint 28
8.5 About GlobalData 28
8.6 Contact Us 28
8.7 Disclaimer 29
List of Tables
Table 1: Key Metrics in the Middle East and Africa ADR Market 6
Table 2: Middle East and Africa Artificial Discs Volume Forecast, 2014-2023 11
Table 3: Middle East and Africa Artificial Discs Average Selling Price Forecast ($), 2014-2023 12
Table 4: Middle East and Africa Artificial Discs Market Revenue Forecast ($M), 2014-2023 12
Table 5: Middle East and Africa Spinal Nonfusion Company Share Analysis, 2016 13
Table 6: DePuy Synthes - Key Marketed Products Assessment 17
Table 7: Globus Medical - Key Marketed Products Assessment 19
Table 8: Medtronic - Key Marketed Products Assessment 20
Table 9: Zimmer Biomet - Key Marketed Products Assessment 22
Table 10: Summary of Other Players in the ADR Market, 2017 23
List of Figures
Figure 1: ADR Sales for the Middle East and Africa, by Country, 2016 and 2023 7

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