12
China Orthopedic Devices and Materials Market Opportunities, 2011 - 2021 Pharma & Healthcare Consultants

China orthopedic devices and materials market 2011-2021 brochure

Embed Size (px)

Citation preview

China Orthopedic Devices and MaterialsMarket Opportunities , 2011 - 2021

P h a r m a & H e a l t h c a r e C o n s u l t a n t s

2

P r o d u c t O v e r v i e w

Orthopedic Trauma Fixator

Spinal Implants (Rods, Pedicle Screws, Hooks,

Plates, Cages, etc. )

Joint Replacement Devices (Knee

replacement device, hip replacement device,

etc.)

Others (Arthroscopic Devices, Craniomaxillofacial Devices, etc.)

Types of Orthopedic Device

It is an implant which is surgically inserted into the patient’s body to re-establish normal function of the bone by replacing or fixing the damaged

structure of the bone.

Orthopedic Device

© Pharmaion

ORTHPOPEDIC

It is a branch of medicine associated with the fixation or prevention of injuries, deformities, or injuries of skeletal system or associated muscles, joints or ligament structures.

3

© Pharmaion

T a b l e o f C o n t e n t s

S No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Orthopedic Devices and Materials Market Overview

5. China Orthopedic Devices and Materials Market Overview

6. China Orthopedic Devices and Materials Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By End User

6.2.3. By Region

6.2.4. By Company

7. China Orthopedic Devices Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.3. China Orthopedic Devices Segmental Analysis

7.3.1. China Orthopedic Trauma Fixators Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

4

T a b l e o f C o n t e n t s

S No. Contents

7.3.1.2.1. By Type

7.3.1.2.2. By End User

7.3.2. China Spinal Implant Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By End User

7.3.3. China Joint Replacement Devices Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type

7.3.3.2.2. By End User

8. China Orthopedic Materials Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

9. Market Dynamics

9.1. Drivers

9.2. Challenges

10. Market Trends and Developments© Pharmaion

5

T a b l e o f C o n t e n t s

S No. Contents

10.1. Minimal Invasive Surgery

10.2. 3D-Printed Hip Prosthesis

10.3. Robotic Orthopedic Surgery

10.4. Smart Implants

10.5. Tissue Engineering of Bone

11. Policy and Regulatory Landscape

12. China Economic Profile

13. Competitive Benchmarking

14. Competitive Landscape

14.1. Johnson & Johnson Medical (Suzhou) Ltd.

14.2. Medtronic Medical Appliance Technology & Service (Shanghai) Limited

14.3. Stryker (Suzhou) Medical Technology Co. Ltd.

14.4. Zimmer Biomet

14.5. Smith and Nephew China

14.6. Double Engine Medical Material Co., Ltd.

14.7. Tianjin ZhengTian Medical Instrument Co., Ltd.

14.8. Shandong Weigao Orthopedic Device Company Limited

14.9. Beijing AKEC Medical Co., Ltd.

14.10. Shanghai Kinetic Medical Co., Ltd.

15. Strategic Recommendations

16. About Us & Disclaimer © Pharmaion

6

© Pharmaion

I n d u s t r y B r i e f

Orthopedic Devices and Materials Market in China to Grow at over 18% till 2021

Growing geriatric population and escalating number of road accidents to drive China orthopedic devices andmaterials market

According to recently published Pharmaion report, “China Orthopedic Devices and Materials Market Opportunities,2011-2021”, the orthopedic devices and materials market in China is anticipated to grow at a CAGR of over 18%during 2016 - 2021. Few of the major factors anticipated to influence the growth of orthopedic devices andmaterials market in China include increasing number of elderly population suffering from orthopedic conditions,such as osteoporosis, osteoarthritis, rheumatoid arthritis, etc., coupled with escalating number of road accidents inthe country. Moreover, increasing purchasing power and introduction of government aided public medicalinsurance schemes has reduced the financial burden on patients, thereby positively influencing their willingness toreceive orthopedic care.

On the basis of type, the orthopedic devices and materials market has been segmented into two categories, namely,orthopedic devices and orthopedic materials. Out of these categories, orthopedic devices dominated the market in2015 on account of higher prices of implantable orthopedic devices, such as joint replacement devices or spinalfusion devices. In 2015, hospitals were the major end user of orthopedic devices and materials in the country, andthe same trend is anticipated to continue through 2021.

Increasing incidence of musculoskeletal injuries is also boosting demand for orthopedic devices and materials thatenhance joint mobilization and flexibility of muscles. Moreover, growing preference for minimally invasive andeffective surgeries that require less incision is also contributing towards the rising demand for orthopedic devicesand materials in China. Region-wise, the largest share in the orthopedic devices and materials market in China wascaptured by North & North East, followed by East, South Central, South West and North West regions.

“China orthopedic devices and materials market will continue to exhibit robust growth over the next five years.The government is also increasing its focus on domestically developed innovative orthopedic implants, and hasconsequently issued Special Approval Process for Innovative Medical Devices Regulation, which is encouragingmanufacturers to develop highly advanced orthopedic device in the country.” said Mr. Brijesh Khurana, Consultantwith Pharmaion Consultants, a research based global management consulting firm.

7

R e s e a r c h M e t h o d o l o g y

Primary Research

•Identifying Key Opinion Leaders

•Questionnaire Design

•In-depth Interviews

•Coverage across Value Chain market

Market Estimation & Forecasting

Bottom-Up or Top-down approach for Market size estimation

Historical trend examination

Impact analysis of drivers and challenges to market growth

Statistical evaluation to develop the actual forecast

Data Validation, Analysis and Interpretation

Data validation through Primary & Secondary outreach, data analysis and interpretation of key findings

Preliminary Data Mining

Qualitative and Quantitative research

2016E 2017F 2018F 2019F 2020F 2021F

CAGR (2016E-2021F): XX%

China Orthopedic Devices and Materials Market Opportunities,

2011-2021

Secondary Research

•Government websites

•Company annual reports

•White papers

•Investor presentation

•Financial reports

© Pharmaion

8

R e s e a r c h M e t h o d o l o g y

Baseline Methodology:

For the study of the China orthopedic devices and materials market, Pharmaion has gathered information

through an exhaustive search of credible databases prudently evaluated all the collected information and

presented it in the most accurate and detailed manner.

Primary Sources

Key Stakeholders:

Product/Brand Managers

Business Development

Managers

Regional Mangers

Regulatory Affairs Personnel

Marketing & Sales Managers

Head of Patient Support

Programme

Substantial data points for analysis, interpretation and market size estimation

Data Triangulation

(Data validation

through cross verification

from primary & secondary

sources)

Qualitative and quantitative data from company

website, financial reports, research articles, designed

questionnaires etc.

In-depth interviews of key stakeholders of

major companies

Secondary Sources

Analysis of Data from credible sources: China Food and Drug

Administration (CFDA) United Nations World Bank

© Pharmaion

9

Calculation of segment market

size

Calculation of Sub-segment Market Size (Individually

for Orthopedic devices and materials market)

R e s e a r c h M e t h o d o l o g y

China Orthopedic Devices and Materials Market - Market Size Estimation

China orthopedic devices and materials market has been segmented into two categories, namely,orthopedic devices and orthopedic materials.

Orthopedic devices segment has been further categorized into four sub-segments, i.e., orthopedictrauma fixator, spinal implant, joint replacement product and other.

Orthopedic materials has been further classified into three sub-segments, namely, orthobiologics,orthopedic braces & support and orthopedic accessories.

Calculation of China Orthopedic Device Market, Segmental

analysis:

Sub-segment Market Size

To

p-d

ow

n A

pp

ro

achB

otto

m-u

p A

pp

ro

ach

Calculation of China Trauma fixator, spinal implant, and

Joint replacement

products sub-segment

market size

Calculation of China

Orthopedic Devices and

Materials Market Size

Total Market Size = Orthopedic

Devices Market + Orthopedic Materials

Market

Regional and company Market Size = Respective

Market Share (From Primary and Secondary

Research) X Total Market Value

© Pharmaion

10

S a m p l e D a t a - S n a p s h o t

1 2 3 4 57 8 9 10 11 12

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

China Orthopedic Devices and Materials Market Size, By Value, 2011-2021F (USD Million)

© Pharmaion

China Orthopedic Devices and Materials

Market Share, By Type, By Value, 2011-2021F

14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24%

71% 72% 73% 74% 75% 76% 77% 78% 79% 80% 81%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

OrthopedicDevices

OrthopedicMaterials

China Orthopedic Devices and Materials Market Share, By Region, By

Value, 2011-2021F

10.00% 10.01% 10.02% 10.03% 10.04% 10.05% 10.06% 10.07% 10.08% 10.09% 10.10%

10.00% 10.01% 10.02% 10.03% 10.04% 10.05% 10.06% 10.07% 10.08% 10.09% 10.10%

19.00% 19.01% 19.02% 19.03% 19.04% 19.05% 19.06% 19.07% 19.08% 19.09% 19.10%

20.00% 20.01% 20.02% 20.03% 20.04% 20.05% 20.06% 20.07% 20.08% 20.09% 20.10%

25.00% 25.01% 25.02% 25.03% 25.04% 25.05% 25.06% 25.07% 25.08% 25.09% 25.10%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

North &North EastChinaEast China

South CentralChina

South WestChina

North WestChina

12

34

56

2008 2009 2010 2011 2012 2013

China Total Number of Private Hospitals, 2008-2013 (Units)

China Orthopedic Devices and Materials Market

Share, By Company, By Value, 2015 & 2021F

Johnson & Johnson Medical (Suzhou) Ltd,

25.00%

Medtronic Medical Appliance Technology & Service (Shanghai)

Limited, 25.00%Stryker (Suzhou)

Medical Technology …

Zimmer Biomet, 25.00%

Others, 25.00%

Johnson & Johnson Medical (Suzhou) Ltd,

25.00%

Medtronic Medical Appliance Technology & Service (Shanghai)

Limited, 25.00%Stryker (Suzhou)

Medical Technology …

Zimmer Biomet, 25.00%

Others, 25.00%

China Orthopedic Materials Market Size, By Value, 2011-2021F (USD Million)

1 2 3 4 57 8 9 10 11 12

2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F

China Orthopedic Materials Market Share,

By Type, By Value, 2011-2021F

16% 17% 18% 19% 20% 21% 22% 23% 24% 25% 26%

27% 28% 29% 30% 31% 32% 33% 34% 35% 36% 37%30% 31% 32% 33% 34% 35% 36% 37% 38% 39% 40%

2011 2012 2013 2014 2015 2016F2017F2018F2019F2020F2021F

Orthobiologics

OrthopedicBraces andSupport

OrthopedicAccessories

R e p o r t O r d e r i n g

To View Sample OR Purchase Report

Report Price

Report Name: China Orthopedic Devices and Materials

Market Opportunities, 2011 - 2021

License Type Price

Single User License $2500

Single User License Print $3000

Enterprise License $5000

11

12

A b o u t U s & D i s c l a i m e r

NORTH AMERICA

Pharmaion Consultants LLC

708 3RD Avenue, 6th Floor, New York, NY,

United State, 10017

[email protected]

+1 646 862 0089

www.pharmaion.com

About Us :

Pharmaion is a research based management consulting firm focused exclusively on Healthcare & Pharmaceutical industry.

Pharmaion’s core values are value, integrity and insight. Led by a team of dynamic industry experts, Pharmaion provides itscustomers with high value market research and advisory services that helps them identify new market opportunities, growthengines and innovative ways to capture the market share. As a result, Pharmaion’s clients lead rather than follow markettrends. Not bound by legacy, Pharmaion’s cutting-edge research model leverages its decades of research knowledge and anincreased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditionalmarket research, Pharmaion’s reports do not just deliver data and knowledge rather highlights the insights in a more usable andinteractive format for its clients.

Pharmaion is committed to assisting customers worldwide with their unique market research needs by providing them withcomprehensive, value-added solutions and professional market intelligence services. Pharmaion employs the industry’s best-trained industry Analysts and Consultants, which advises and assists customers in meeting their full service market researchand consulting requirements.

Related Reports

India Stem Cell Market Forecast & Opportunities, 2020

India Infertility Treatment Market Forecast & Opportunities, 2020

Global Tissue Engineered Medical Device Market Forecast & Opportunities, 2020

Disclaimer :The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation ismade that it is timely, accurate or complete. Pharmaion Consultants has taken due care and caution in compilation of data as this has beenobtained from various sources including which it considers reliable and first hand. However, Pharmaion Consultants does not guarantee theaccuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from theuse of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. Theinformation herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicativeof relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require priorapproval of Pharmaion Consultants.

ASIA PACIFIC

Pharmaion Consultants Pvt. Ltd.

A – 51, Sector 57, Noida, National Capital Region,

India - 201301

[email protected]

+91 - 120 - 452 3900

www.pharmaion.com © Pharmaion