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MediPoint: Bone Growth Stimulators - Middle East and Africa Analysis and Market Forecasts

MediPoint: Bone Growth Stimulators - Middle East and Africa Analysis and Market Forecasts

Summary

When a bone is fractured, the body naturally generates a low-level electric field to stimulate healing. For some patients, however, the body’s natural healing processes are ineffective, and fractures experience delayed or non-union. Additionally, patients treated with spinal fusion procedures may have difficultly healing. A number of risk factors contribute to these outcomes, including osteoporosis, smoking, diabetes, obesity, and previously failed spinal fusion. Bone growth stimulators have been developed in order to promote healing in patients who are at risk for failed unions of long bone fractures or for spinal fusion.

The Middle East and Africa bone growth stimulator market was estimated at $3.3M in 2016 across the five markets (Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates [UAE]) covered in this report.

The Middle East and Africa bone growth stimulators market is projected to grow at a CAGR of 5.0% during the forecast period. South Africa represented the largest portion of the market in 2016, holding more than 36.0% of the regional revenue, and is expected to maintain this dominance through the forecast period. South Africa is also expected to be the fastest-growing market through 2023, along with Israel, both at a CAGR of 5.3%. The slowest growth will be observed in the UAE at a CAGR of 4.5%.

Key drivers of the bone growth stimulator market in the forecast period are -

  • Growing elderly population and subsequent rise in fracture incidence, osteoporosis, and spinal disease.
  • Raising patient awareness of the availability and benefits of stimulation treatments.
  • Continued research into the efficacy of bone growth stimulators, resulting in improved reimbursement scenarios.


  • The market for bone growth stimulators is fairly consolidated, with four multinationals dominating the global space. Bioventus, DJO Global, Orthofix, and Zimmer Biomet all enjoy high brand name recognition in this market, as well as established orthopedic portfolios and wide-ranging distribution networks. These bone growth stimulator manufacturers also play in complimentary markets, such as fixation devices or orthobiologics, in order to effectively cross-sell their products.

    The report MediPoint: Bone Growth Stimulators - Middle East and Africa Analysis and Market Forecasts focuses on the market outlook for bone growth stimulator devices in the Middle East and Africa (Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates [UAE]). This report analyzes and discusses the major drivers and barriers of bone growth stimulator adoption, and provides an in-depth understanding of the future outlook for this market by geography, with an overall emphasis on the current and future trends in the five countries.

    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 APAC bone growth stimulator market. Insightful review of the key industry drivers, barriers, and challenges.


  • Companies mentioned in this report: Bioventus, DJO Global, IGEA, Orthofix, Zimmer Biomet.

    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 bone growth stimulator market. Insightful review of the key industry drivers, barriers, and challenges. Each trend is independently researched to provide qualitative analysis of its implications.


    1 Table of Contents
    1.1 List of Tables
    1.2 List of Figures
    2 Executive Summary
    2.1 Key Metrics
    2.2 Market Dynamics
    2.3 Key Players in the Bone Growth Stimulators Market
    2.4 Bone Growth Stimulators Market Future Outlook
    3 Introduction
    3.1 Overview
    3.2 Related Reports
    3.3 Upcoming Related Reports
    4 Market Outlook
    4.1 Procedure Trends
    4.2 Pricing Trends
    4.3 Revenue Trends
    4.4 Company Share Analysis
    5 Market Insights
    5.1 Israel
    5.2 South Africa
    5.3 Egypt, Saudi Arabia, and the United Arab Emirates
    6 Competitive Assessment
    6.1 Bioventus
    6.1.1 Overview
    6.1.2 Portfolio Assessment
    6.1.3 Competitive Positioning
    6.2 DJO Global
    6.2.1 Overview
    6.2.2 Portfolio Assessment
    6.2.3 News and Deals Analysis
    6.2.4 Competitive Positioning
    6.3 IGEA
    6.3.1 Overview
    6.3.2 Portfolio Assessment
    6.3.3 Competitive Positioning
    6.4 Orthofix
    6.4.1 Overview
    6.4.2 Portfolio Assessment
    6.4.3 News and Deals Analysis
    6.4.4 Competitive Positioning
    6.5 Zimmer Biomet
    6.5.1 Overview
    6.5.2 Portfolio Assessment
    6.5.3 News and Deals Analysis
    6.5.4 Competitive Positioning
    6.6 Other Players
    7 Appendix
    7.1 Bibliography
    7.2 Abbreviations
    7.3 Methodology
    7.3.1 Overview
    7.3.2 Coverage
    7.3.3 Secondary Research
    7.3.4 Forecasting Methodology
    7.3.5 Patient Population
    7.3.6 Primary Research Summary
    7.4 About the Authors
    7.4.1 Jennifer Ryan, Orthopedic Analyst, Medical Devices
    7.4.2 Linda Tian, Managing Analyst, Medical Devices
    7.4.3 Tyler Fletcher, Global Head of Medical Devices
    7.5 About GlobalData
    7.6 Contact Us
    7.7 Disclaimer
    1.1 List of Tables
    Table 1: Bone Growth Stimulators, Key Metrics, 2016 and 2023
    Table 2: Middle East and Africa Procedure Volume Forecast for Bone Growth Stimulators, 2014-2023
    Table 3: Middle East and Africa Bone Growth Stimulator Average Selling Price Forecast, 2014-2023
    Table 4: Middle East and Africa Bone Growth Stimulator Market Revenue Forecast ($M), 2014-2023
    Table 5: Middle East and Africa Bone Growth Stimulator Company Share Analysis, 2016
    Table 6: Bioventus - Key Marketed Products Assessment
    Table 7: Bioventus - Key Clinical Trials
    Table 8: DJO - Key Marketed Products Assessment
    Table 9: DJO - Key Clinical Trials
    Table 10: IGEA - Key Marketed Products Assessment
    Table 11: Orthofix - Key Marketed Products Assessment
    Table 12: Orthofix - Key Clinical Trials
    Table 13: Zimmer Biomet - Key Marketed Products Assessment
    Table 14: Other Players Assessment
    1.2 List of Figures
    Figure 1: Middle East and Africa Bone Growth Stimulator Market Share Comparison, by Country, 2016 and 2023

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