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MediPoint: Total Ankle Replacement - South America Analysis and Market Forecasts

MediPoint: Total Ankle Replacement - South America Analysis and Market Forecasts

Summary

Total ankle replacement (TAR) has improved the lives of thousands of late-stage ankle arthritis patients around the world. The promising clinical outcomes associated with the third-generation TAR prostheses are mainly due to updated design philosophies and appropriate surgical techniques accumulated by surgeons. Ample opportunities exist within the global TAR space, as the countries covered in this report have recently seen an increasing number of surgeon training programs focusing on the surgical techniques of TAR.

The South American TAR market was estimated at $3.1m in 2016 across the three markets (Argentina, Brazil, and Chile) and projected to grow at a CAGR of 4.4% in the forecast period. Brazil represented the largest portion of the market in 2016, holding more than 77% of the regional revenue, and is expected to maintain this dominance through the forecast period with a CAGR of 4.5%.

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

  • Increase in TAR patients due to wear and tear of the joints in the growing aging population
  • The need for a treatment that helps late-stage ankle arthritis patients maintain range of motion
  • Expanded medical education and surgeon adoption of TAR


  • Most of the TAR market is occupied by a few players, which includes Stryker, Integra LifeSciences, Wright Medical, DePuy Synthes, and Zimmer Biomet. These companies boast reputable brands with significant clinical research data driving product adoption. TAR is still not profitable enough to attract competitors and the cost of getting a device to market is prohibitive to new entrants; therefore, market share is expected to remain in the hands of the aforementioned players as they continue to enhance their product mix and optimize operational efficiency.

    In recent years, there has been a resurgence of interest in TAR. The success of third-generation implants in relieving arthritic pain and restoring range of motion has poised TAR as an effective substitute to arthrodesis (joint fusion). Whereas extensive bone resection has plagued previous generations of devices, current products aim to minimize resection of the tibial and talar bone to promote implant stability. Also, manufacturers are advancing preoperative evaluation techniques to achieve better alignment.

    The report MediPoint: Total Ankle Replacement - South America Analysis and Market Forecasts focuses on the market outlook for TAR devices in South America (Argentina, Brazil, and Chile). The analysis identifies the key unmet needs in the sports medicine 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 TAR market. Insightful review of industry drivers, barriers, and challenges.


  • Companies mentioned in this report: Wright Medical Group, Integra LifeSciences, Zimmer Biomet, Stryker, DePuy Synthes, Exactech.

    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 TAR market. Insightful review of industry drivers, barriers, and challenges.


    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
    2.4 Future Outlook
    2.5 What Do Physicians Think?
    3 Introduction
    3.1 Catalyst
    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 South America
    5.1.1 Brazil
    5.1.2 Argentina and Chile
    6 Competitive Assessment
    6.1 Wright Medical Group
    6.1.1 Portfolio Assessment
    6.1.2 Deal Analysis
    6.1.3 Competitive Positioning
    6.2 Integra LifeSciences
    6.2.1 Portfolio Assessment
    6.2.2 Deal Analysis
    6.2.3 Competitive Positioning
    6.3 Zimmer Biomet
    6.3.1 Portfolio Assessment
    6.3.2 Deal Analysis
    6.3.3 Competitive Positioning
    6.4 Stryker
    6.4.1 Portfolio Assessment
    6.4.2 Deal Analysis
    6.4.3 Competitive Positioning
    6.5 DePuy Synthes
    6.5.1 Portfolio Assessment
    6.5.2 Competitive Positioning
    6.6 Exactech
    6.6.1 Portfolio Assessment
    6.6.2 Competitive Positioning
    6.7 Mergers & Acquisitions
    7 Appendix
    7.1 Bibliography
    7.2 Abbreviations
    7.3 Methodology
    7.3.1 Overview
    7.3.2 Coverage
    7.3.3 Secondary Research
    7.4 Forecasting Methodology
    7.5 Primary Research Summary
    7.5.1 Primary Research - Key Opinion Leader Interviews
    7.5.2 Expert Panel Validation
    7.6 About the Authors
    7.6.1 Analysts
    7.6.2 Global Head of Medical Devices
    7.7 About MediPoint
    7.8 About GlobalData
    7.9 Contact Us
    7.10 Disclaimer
    1.1 List of Tables
    Table 1: Total Ankle Replacement, Key Metrics, 2016 and 2023
    Table 2: South America TAR Procedure Volume Forecast, 2014-2023
    Table 3: South America TAR Implants Average Selling Price ($) Forecast, 2014-2023
    Table 4: South America TAR Market Revenue Forecast ($m), 2014-2023
    Table 5: South America TAR Company Share Analysis, 2016
    Table 6: Wright Medical Group - Key Marketed Products Assessment
    Table 7: Wright Medical Group - Key Clinical Trials
    Table 8: Integra LifeSciences - Key Marketed Products Assessment
    Table 9: Zimmer Biomet - Key Marketed Products Assessment
    Table 10: Zimmer Biomet - Key Clinical Trials
    Table 11: Stryker - Key Marketed Products Assessment
    Table 12: Stryker - Key Clinical Trials
    Table 13: Depuy Synthes - Key Marketed Products Assessment
    Table 14: Exactech - Key Marketed Products Assessment
    Table 15: Mergers and Acquisitions (2011-2015)
    1.2 List of Figures
    Figure 1: South America TAR Market Share Comparison by Country, 2016 and 2023

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