The rate of market growth will be somewhat constrained by the competitive nature of the Indian market. The presence of both large international companies as well as small, local companies has created a price sensitive marketplace. This will result in a decrease in average selling prices. Primary shoulder implants took up the majority of the shoulder implant market, comprising 62.8% of the market.
The hemi shoulder implant market is the second largest segment of the overall shoulder reconstruction market, comprising 20.5%. Traditionally, the shoulder resurfacing implant has been negligible in the nascent Indian market; however, as the market has continued to develop, resurfacing implants have started to show growth due to their cost effectiveness and now maintain 9.5% of the market. Over the next 10 to 15 years there will be a large increase in the number of shoulder revisions but for now the number of procedures is quite low. Reversed shoulder implants represented 7.2% of total revenues in 2015.
Shoulder devices are considered a small joint in this report. However, they are sometimes classified as large joints because they are often marketed in a similar manner to hip and knee implants, but have historically exhibited market revenue growth rate similar to devices for the distal extremities.
Shoulder reconstruction devices discussed in this report include:
• Total Joint Replacements
• Partial and Fracture-Type Implants
• Resurfacing Implants
• Shoulder Implant Revisions
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TABLE OF CONTENTS I
LIST OF FIGURES III
LIST OF CHARTS IV
EXECUTIVE SUMMARY 1
INDIAN SMALL BONE AND JOINT ORTHOPEDIC DEVICE MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 4
MARKET TRENDS 6
MARKET DEVELOPMENTS 7
MARKETS INCLUDED 8
PROCEDURE NUMBERS 9
KEY REPORT UPDATES 10
VERSION HISTORY 10
RESEARCH METHODOLOGY 11
1.1 RESEARCH SCOPE 11
1.2 IDATA’S 9-STEP METHODOLOGY 11
Step 1: Project Initiation and Team Selection 11
Step 2: Prepare Data Systems and Perform Secondary Research 13
Step 3: Preparation for Interviews and Questionnaire Design 14
Step 4: Performing Primary Research 15
Step 5: Research Analysis: Establishing Baseline Estimates 17
Step 6: Market Forecast and Analysis 18
Step 7: Identify Strategic Opportunities 20
Step 8: Final Review and Market Release 21
Step 9: Customer Feedback and Market Monitoring 22
SHOULDER RECONSTRUCTION DEVICE MARKET 23
2.1 INTRODUCTION 23
2.1.1 Anatomy 23
2.1.2 Pathology 23
2.1.3 Shoulder Reconstruction Devices 24
2.1.3.1 Total Shoulder Implants 24
2.1.3.2 Reversed Should Implants 24
2.1.3.3 Hemi Shoulder Implants 24
2.1.3.4 Resurfacing Shoulder Implants 24
2.1.3.5 Shoulder Revision 25
2.2 MARKET OVERVIEW 26
2.3 MARKET ANALYSIS AND FORECAST 29
2.3.1 Total Shoulder Implant Market 30
2.3.2 Reversed Shoulder Implant Market 31
2.3.3 Hemi Shoulder Implant Market 32
2.3.4 Resurfacing Shoulder Implant Market 33
2.4 DRIVERS AND LIMITERS 34
2.4.1 Market Drivers 34
2.4.2 Market Limiters 36
2.5 COMPETITIVE MARKET SHARE ANALYSIS 38
ABBREVIATIONS 41
The "Indian Market Report Suite for Small Bone & Joint Orthopedic Devices 2016 - MedSuite" includes analysis on the following companies currently active in this market:
DePuy Synthes
Stryker
Zimmer Biomet
Evolutis
Orthofix
Others include: Arthrex, Apothecaries Sundries, Bakshi's Elbow, Exactech, J.S. Medimax, Nebula Surgical, Ortho Care, Sharma Orthopedic, XL-Orthomed and other local manufacturers.
*Not all companies are currently active in every segment or sub-report from this suite. For more details contact an iData Research Product Advisor.
