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MediPoint: Shoulder Replacement - Middle East and Africa Analysis and Market Forecasts

MediPoint: Shoulder Replacement - Middle East and Africa Analysis and Market Forecasts

Summary

Middle East and Africa shoulder replacement market was estimated at US$4.9M in 2016 across the five markets (Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates) covered in this report. By the end of the forecast period in 2023, it is estimated that the market will grow to approximately US$7.6M at a Compound Annual Growth Rate (CAGR) of 6.5%.

Shoulder, or glenohumeral, joint is the most mobile joint in the body and is composed of the humerus and scapula. Shoulder motion and stability is achieved by the coordinated contraction of the deltoid and rotator cuff muscles. The shoulder is vulnerable to stress, injury, and arthritis that can cause the cartilage on the shoulder bones to wear away, resulting in pain, loss of motion, and crepitation. Arthritis is the most common cause of musculoskeletal disability around the world and a growing global health problem. It is driven by the growing aging global population and the need to accommodate an aging society wishing to maintain an active lifestyle.

Key drivers of the shoulder replacement market in the forecast period are -

  • The growing global aging population and rising prevalence of arthritis.
  • Expanded indications for reverse shoulder replacement.
  • Patient preference for an active lifestyle.
  • Poor outcomes among younger patients resulting in revision arthroplasty.
  • Sustained popularity of shoulder-intensive sports.
  • Instability of the shoulder joint.
  • Continued efforts from manufacturers to promote and educate patients and surgeons about shoulder implants.
South Africa holds the most dominant position, accounting for 67% of the regional market with a CAGR of 7.3%, one of the fastest in the region. South Africa is expected to be the fastest-growing market through 2023, at a CAGR of 7.4%, while growth is expected to be steady in all other countries, albeit with low revenues.

Shoulder replacement is the largest segment of the extremities replacement market and most companies focus on this specific joint in their extremities portfolio. In 2015, a strategic acquisition and merger created Zimmer Biomet and Wright Medical respectively, and these are currently two of the most comprehensive extremities platforms on the market. Other major players with robust shoulder portfolios include DePuy Synthes, Lima Corporate, and Stryker.

The report MediPoint: Shoulder Replacement - Middle East and Africa Analysis and Market Forecasts focuses on the market outlook for shoulder replacement 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 shoulder 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 shoulder replacement market. Insightful review of industry drivers, barriers, and challenges.
Companies mentioned in this report: DePuy Synthes, Zimmer Biomet, Wright Medical, Stryker, Lima Corporate, Arthrex, Smith & Nephew, Exactech, Kyocera Medical, Mathys, DJO Surgical, Ingen Orthopedics, Integra LifeSciences.

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 Middle East and Africa shoulder 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 shoulder replacement market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the shoulder 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 shoulder 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.


1 About the Authors
1.1 Tobe Madu, Healthcare Analyst
2 Table of Contents
2.1 List of Tables
2.2 List of Figures
3 Executive Summary
3.1 Key Metrics
3.2 Market Dynamics
3.3 Key Players
3.4 Future Outlook
3.5 What Do Physicians Think?
4 Introduction
4.1 Catalyst
4.2 Related Reports
4.3 Upcoming Related Reports
5 Market Outlook
5.1 Procedure Trends
5.2 Pricing Trends
5.3 Revenue Trends
5.4 Company Share Analysis
6 Market Insights
6.1 Middle East and Africa
6.1.1 Israel
6.1.2 South Africa
6.1.3 Egypt, Saudi Arabia, and United Arab Emirates
7 Competitive Assessment
7.1 Overview
7.2 DePuy Synthes
7.2.1 Portfolio Assessment
7.2.2 Deal Analysis
7.2.3 Competitive Positioning
7.3 Zimmer Biomet
7.3.1 Portfolio Assessment
7.3.2 Deal Analysis
7.3.3 Competitive Positioning
7.4 Wright Medical
7.4.1 Portfolio Assessment
7.4.2 Deal Analysis
7.4.3 Competitive Positioning
7.5 Stryker
7.5.1 Portfolio Assessment
7.5.2 Deal Analysis
7.5.3 Competitive Positioning
7.6 Lima Corporate
7.6.1 Portfolio Assessment
7.6.2 Deal Analysis
7.6.3 Competitive Positioning
7.7 Arthrex
7.7.1 Portfolio Assessment
7.7.2 Deal Analysis
7.7.3 Competitive Positioning
7.8 Smith & Nephew
7.8.1 Portfolio Assessment
7.8.2 Deal Analysis
7.8.3 Competitive Positioning
7.9 Other Players
8 Appendix
8.1 Bibliography
8.2 Abbreviations
8.3 Methodology
8.3.1 Overview
8.3.2 Coverage
8.3.3 Secondary Research
8.3.4 Forecasting Methodology
8.3.5 Primary Research Summary
8.4 About MediPoint
8.5 About GlobalData
8.6 Contact Us
8.7 Disclaimer
List of Tables
Table 1: Shoulder Replacement, Key Metrics, 2016 and 2023
Table 2: Middle East and Africa Shoulder Replacement Procedure Volume Forecast, 2014-2023
Table 3: Middle East and Africa Shoulder Replacement Implants Average Selling Price ($) Forecast, 2014-2023
Table 4: Middle East and Africa Shoulder Replacement Market Revenue Forecast ($M), 2014-2023
Table 5: Middle East and Africa Shoulder Replacement Company Share Analysis, 2016
Table 6: DePuy Synthes - Key Marketed Products Assessment
Table 7: DePuy Synthes - Key Clinical Trials
Table 8: Zimmer Biomet - Key Marketed Products Assessment
Table 9: Zimmer Biomet - Key Clinical Trials
Table 10: Wright Medical - Key Marketed Products Assessment
Table 11: Wright Medical - Key Clinical Trials
Table 12: Stryker - Key Marketed Products Assessment
Table 13: Stryker - Key Clinical Trials
Table 14: Lima Corporate - Key Marketed Products Assessment
Table 15: Arthrex - Key Marketed Products Assessment
Table 16: Arthrex - Key Clinical Trials
Table 17: Smith & Nephew - Key Marketed Products Assessment
Table 18: Smith & Nephew - Key Clinical Trials
Table 19: Summary of Other Players in the Shoulder Replacement Market, 2016
List of Figures
Figure 1: Middle East and Africa Shoulder Replacement Market Share Comparison by Country, 2016 and 2023

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