Next Generation Implants Market 2017 – Opportunity, Driving Trends and deep study 2024

Global Next Generation Implants Market Outlook

Market Overview

Implants turns even the most complicated clinical cases into simple ones and provide patients with long term esthetic results. Temporary implants (dental implants, screws, chemotherapy ports and bridges) makes most of the next generation implant market due to the increasing number of orthopedic surgeries and also they can be required more than once in a lifetime unlike permanent implants (hip implants, stents). With the advancement of techniques implants are possible with skin, tissue and bone.

Constant increase in diseases related to lifestyle and improved access to healthcare, especially medical devices and infrastructure are driving the global next generation implants market. However, strict regulatory norms for approval of product are likely to disrupt the global next generation implants market.

In countries like India, fearing more price control, medical device companies propose government to voluntarily cut prices. MNC’s like Zimmer Biomet and J&J is mostly affected by recent price cap imposed by National Pharmaceutical Pricing Authority (NPPA). Zimmer Biomet comprises of 130,000 innovative, personalized joint replacement solutions and orthopaedic products in addition with spine solutions and dental implants too.

 

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Key Market Players

  • Finetech Medical

o Synopsis

o Business Strategy

o Product Portfolio

o SWOT Analysis

  • Wright Medical Group N.V.
  • Shanghai MicroPort Orthopedics
  • Arthrex, Inc.
  • B. Braun Melsungen AG
  • Exactech, Inc.
  • DJO Global, Inc.
  • Johnson & Johnson
  • Zimmer Biomet
  • Bioness, Inc.
  • Stryker Corporation
  • Ottobock, Narang Medical Limited
  • PONTiS Orthopaedics, LLC

 

Market Segmentation

  • By Product

o Hip replacement

o Knee replacement

o Spinal & surgical replacement

o Foot drop implants

o Dental implants

o Others

  • By Material

o Metal-on-metal

o Metal-on-polyethylene

o Ceramic-on-metal

o Ceramic-on-polyethylene

o Plastics

o Ceramic-on-ceramic

o Others

  • By End User

o Hospitals

o Ambulatory surgical centers

o Orthopedic clinics

o Academic & research institutes

 

Opportunities

  • New or modified materials can only overcome challenges currently faced by existing implants, and discover material that not only minimize the likelihood of medical complications but possibly offer more realistic, aesthetically pleasing outcomes for the patients.
  • Material engineering and Customized additive is the future of materials utilized in implants manufacturing. Nonmaterial can also serve multiple purposes.
  • Next generation implants vendor holds opportunities for processing of patient-specific/personalized metallic implants to create complex architectures with controlled internal nano-, micro-, and macro scaled features and personalized external geometry.

 

Growth Drivers and Challenges

Success rate of implants is 80-90% that is the key growth factor of global next generation implants market. Increase in geriatric population associated diseases, adequate reimbursement policies, well trained personnel, rapid introduction of newer and more effective implants varities, presence of major players like J&J, Zimmer Biomet, etc across several key regional markets, technology and research intensive field are the driving factors of global next generation implants market. However, the advent of more promising substitutes to traditionally used materials is expected to intensify competition.

Economic costs of implants are significantly higher than that of mass-produced alternatives hinders the global next generation implant market. Low corrosion, wear, friction, and highly-aggressive microenvironment properties of implant component may cause material degradation, and release of unwanted metallic ions, which may trigger metal hypersensitivity leading to implant failure or post-surgery complications.

 

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks

…Continued        

 

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Posted by on Thursday November 09 2017, 6:45 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0

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