North America Joint Reconstruction Market by Type (Ankle Replacement, Digit Replacement, Elbow Replacement, Hip Replacement, Knee Replacement, Shoulder Replacement) - Analysis and Forecast to 2019

The North American joint reconstruction market is broadly classified on the basis of product types, which include ankle replacement, digit replacement, elbow replacement, hip replacement, knee replacement, and shoulder replacement. The knee replacement segment accounted for the largest share of 47.8%, followed by hip replacement. The market is estimated to grow at a CAGR of 5.1% from 2014 to 2019. The geographies covered in this report are the U.S, Canada, and Mexico. The market in the U.S. accounted for the largest share of 90.3% in the North American joint reconstruction market in 2014, followed by Canada.

The rising demand for minimally invasive techniques and increasing aging population are factors driving the market. On the other hand, the high cost of implants is restraining the market.

Technological advancements are another factor that leads to the growth of the market. For instance, Smith & Nephew launched the VLP FOOT Percutaneous Calcaneus Plating System, which was designed to treat calcaneus fractures, and the PERI-LOC Ankle Fusion Plating System. Stryker, Synthes, and Zimmer have helped open up new target segments for minimally invasive joint replacement surgeries.

The report also provides a detailed competitive landscape of companies operating in this market. Segment and country-specific company shares, new product launches, M&A, and product approvals of the major companies are also detailed in the report. Zimmer Holdings Inc. (U.S.), DePuy Synthes Companies (Germany), Stryker Corporation (U.S.), Biomet Inc. (U.S.), Smith & Nephew Plc. (U.K.), Wright Medical Technology, Inc. (U.S.), and Tornier N.V. (Netherlands) are some of the key players operating in this market.

Table of Contents

1 Introduction (Page No. - 9)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 11)
    2.1 Integrated Ecosystem of the North American Joint Reconstruction Market
    2.2 Arriving at the North American Joint Reconstruction Market Size
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Macroindicator-Based Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 18)

4 Market Overview (Page No. - 20)
    4.1 Introduction
    4.2 Joint Reconstruction Market: Comparison With Parent Market
    4.3 Market Drivers and Inhibitors

5 North American Joint Reconstruction Market, By Type (Page No. - 26)
    5.1 Introduction
    5.2 North American Joint Reconstruction Market, Type: Comparison With Parent Market (Orthopedic Devices Market)
    5.3 North American Knee Replacement Market, By Country
    5.4 North American Hip Replacement Market, By Country
    5.5 North American Shoulder Replacement Market, By Country
    5.6 North American Elbow Replacement Market, By Country
    5.7 North American Ankle Replacement Market, By Country
    5.8 North American Digit Replacement Market, By Country

6 North American Joint Reconstruction Market, By Country (Page No. - 35)
    6.1 Introduction
    6.2 U.S. Joint Reconstruction Market
           6.2.1 U.S. Joint Reconstruction Market, By Type
    6.3 Canada Joint Reconstruction Market Canada: Joint Reconstruction Market Overview, 2014 & 2019 (%)
           6.3.1 Canada Joint Reconstruction Market, By Type
    6.4 Mexico Joint Reconstruction Market
           6.4.1 Mexico Joint Reconstruction Market, By Type

7 Joint Reconstruction Market: Competitive Landscape (Page No. - 52)
    7.1 North American Joint Reconstruction Market: Company Share Analysis
    7.2 Mergers & Acquisitions
    7.3 New Product Launches
    7.4 Product Approvals

8 North American Joint Reconstruction Market, By Company (Page No. - 55)
    8.1 Biomet, Inc.
    8.2 Depuy Synthes Companies (Johnson & Johnson, Inc.) (U.S.)
    8.3 Smith & Nephew PLC
    8.4 Stryker Corporation
    8.5 Tornier N.V.
    8.6 Wright Medical Group Incorporated
    8.7 Zimmer Holdings Inc.

9 Appendix (Page No. - 82)
    9.1 Customization Options
           9.1.1 Technical Analysis
           9.1.2 Low-Cost Sourcing Locations
           9.1.3 Regulatory Framework
           9.1.4 Impact Analysis
           9.1.5 Trade Analysis
           9.1.6 Historical Data and Trends
    9.2 Related Reports
    9.3 Introducing RT: Real-Time Market Intelligence
           9.3.1 RT Snapshots

List of Tables (44 Tables)

Table 1 North American Joint Reconstruction Market: Integrated Ecosystem
Table 2 North American Joint Reconstruction Peer Market Size, 2014 (USD MN)
Table 3 North American Joint Reconstruction Market: Macroindicators, By Geography, 2014 (Usd Bn)
Table 4 North American Joint Reconstruction Market Snapshot
Table 5 North American Joint Reconstruction Market: Comparison With Parent Market, 2013–2019 (USD MN)
Table 6 North American Joint Reconstruction Market: Drivers and Inhibitors
Table 7 North America: Joint Reconstruction Market Size, By Type, 2013–2019 (USD MN)
Table 8 North America: Joint Reconstruction Market Size, By Country, 2013–2019 (USD MN)
Table 9 North America: Joint Reconstruction Market Size, By Type, 2013–2019 (USD MN)
Table 10 North American Joint Reconstruction Market, Type: Comparison With Parent Market (Orthopedic Devices Market), 2013–2019 (USD MN)
Table 11 North America: Knee Replacement Market Size, By Country, 2013–2019 (USD MN)
Table 12 North America: Shoulder Replacement Market Size, By Country, 2013–2019 (USD MN)
Table 13 North America: Elbow Replacement Market Size, By Country, 2013–2019 (USD MN)
Table 14 North America: Ankle Replacement Market Size, By Country, 2013–2019 (USD MN)
Table 15 North America: Digit Replacement Market Size, By Country, 2013–2019 (USD MN)
Table 16 North America: Joint Reconstruction Market Size, By Country, 2013–2019 (USD MN)
Table 17 U.S.: Joint Reconstruction Market Size, By Type, 2013–2019 (USD MN)
Table 18 U.S. Knee Replacement Market Share, By Type, 2014-2019 (%)
Table 19 U.S.: Hip Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 20 U.S. Hip Replacement Market Share, By Type, 2014-2019 (%)
Table 21 U.S.: Shoulder Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 22 Canada: Joint Reconstruction Market Size, By Type, 2013–2019 (USD MN)
Table 23 Canada: Knee Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 24 Canada: Hip Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 25 Canada: Hip Replacement Market Share, By Type, 2014–2019 (%)
Table 26 Canada: Shoulder Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 27 Canada: Shoulder Replacement Market Share, By Type, 2014–2019 (%)
Table 28 Canada: Ankle Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 29 Mexico: Joint Reconstruction Market Size, By Type, 2013–2019 (USD MN)
Table 30 Mexico: Knee Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 31 Mexico: Hip Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 32 Mexico: Shoulder Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 33 Mexico: Ankle Replacement Market Size, By Type, 2013–2019 (USD MN)
Table 34 Joint Reconstruction Market: Company Share Analysis, 2013 (%)
Table 35 North American Joint Reconstruction Market: Mergers & Acquisitions
Table 36 North American Joint Reconstruction Market: New Product Launches
Table 37 North American Joint Reconstruction Market: Product Approvals
Table 38 Biomet, Inc.: Key Financials, 2011–2013 (USD MN)
Table 39 Johnson & Johnson, Inc.: Key Financials, 2009–2013 (USD MN)
Table 40 Smith & Nephew PLC: Key Financials, 2009–2013 (USD MN)
Table 41 Stryker Corporation: Key Financials, 2011–2013 (USD MN)
Table 42 Tornier N.V.: Key Financials, 2011–2013 (USD MN)
Table 43 Wright Medical Group Incorporated: Key Financials, 2011–2013 (USD MN)
Table 44 Zimmer Holding Inc.: Key Financials, 2011–2013 (USD MN)

List of Figures (42 Figures)

Figure 1 North American Joint Reconstruction Market: Segmentation & Coverage
Figure 2 Top-Down Approach
Figure 3 Bottom-Up Approach
Figure 4 Macroindicator-Based Approach
Figure 5 North American Joint Reconstruction Market Comparison With Parent Market (Orthopedics Devices Market), 2013–2019 (USD MN)
Figure 6 North American Joint Reconstruction Types, By Country, 2013 (USD MN)
Figure 7 North American Joint Reconstruction Market, By Type, 2013–2019 (USD MN)
Figure 8 North American Joint Reconstruction Market Type: Comparison With Parent Market (Orthopedic Devices Market), 2013–2019 (USD MN)
Figure 9 North American Knee Replacement Market, By Country, 2013–2019 (USD MN)
Figure 10 North American Hip Replacement Market, By Country, 2013–2019 (USD MN)
Figure 11 North America: Hip Replacement Market Size, By Country, 2013–2019 (USD MN)
Figure 12 North American Shoulder Replacement Market, By Country, 2013–2019 (USD MN)
Figure 13 North American Elbow Replacement Market, By Country, 2013–2019 (USD MN)
Figure 14 North American Ankle Replacement Market, By Country, 2013–2019 (USD MN)
Figure 15 North American Digit Replacement Market, By Country, 2013–2019 (USD MN)
Figure 16 North American Joint Reconstruction Market: Growth Analysis, By Country, 2013–2019 (USD MN)
Figure 17 U.S. Joint Reconstruction Market Overview, 2014 Vs. 2019 (%)
Figure 18 U.S. Joint Reconstruction Market, By Type, 2013-2019 (USD MN)
Figure 19 U.S. Joint Reconstruction Market Share, By Type, 2014-2019 (%)
Figure 20 U.S.: Knee Replacement Market Size, By Type, 2013–2019 (USD MN)
Figure 21 U.S. Shoulder Replacement Market Share, By Type, 2014-2019 (%)
Figure 22 U.S.: Ankle Replacement Market Size, By Type, 2013–2019 (USD MN)
Figure 23 U.S. Ankle Replacement Market Share, By Type, 2014 Vs. 2019 (%)
Figure 24 Canada: Joint Reconstruction Market, By Type, 2013–2019 (USD MN)
Figure 25 Canada: Joint Reconstruction Market Share, By Type, 2014-2019 (%)
Figure 26 Canada: Knee Replacement Market Share, By Type, 2014–2019 (%)
Figure 27 Canada: Ankle Replacement Market Share, By Type, 2014-2019 (%)
Figure 28 Mexico: Joint Reconstruction Market Overview, 2014 & 2019 (%)
Figure 29 Mexico: Joint Reconstruction Market, By Type, 2013–2019 (USD MN)
Figure 30 Mexico: Joint Replacement Market Share, By Type, 2014-2019 (%)
Figure 31 Mexico: Knee Replacement Market Share, By Type, 2014-2019 (%)
Figure 32 Mexico: Hip Replacement Market Share, By Type, 2014-2019 (%)
Figure 33 Mexico: Shoulder Replacement Market Share, By Type, 2014-2019 (%)
Figure 34 Mexico: Ankle Replacement Market Share, By Type, 2014-2019 (%)
Figure 35 North American Joint Reconstruction Market: Company Share Analysis, 2013 (%)
Figure 36 Biomet, Inc.: Revenue Mix, 2013 (%)
Figure 37 Johnson & Johnson, Inc.: Revenue Mix, 2013
Figure 38 Smith & Nephew PLC: Revenue Mix, 2013 (%)
Figure 39 Stryker Corporation: Revenue Mix, 2013 (%)
Figure 40 Tornier N.V.: Revenue Mix, 2013 (%)
Figure 41 Wright Medical Group Incorporated: Revenue Mix 2013 (%)
Figure 42 Zimmer Holdings Inc.: Revenue Mix 2013 (%)

Joint reconstruction accounts for largest share of the orthopedic devices market. The increasing number of osteoarthritis and rheumatoid arthritis patients and the introduction of minimally invasive technologies are factors that increase the demand for joint reconstruction, globally. Joint reconstruction is widely used in relieving the joint pain caused due to damaged cartilages.

The market was valued at $9,136.2 million in 2014 and is expected to reach $11,736.5 million by 2019, at a CAGR of 5.1% during the forecast period. The U.S. joint reconstruction market commanded the largest share of about 90.3% of the North American market, followed by Canada, which is expected to grow at a CAGR of 4.6%. The North American market is segmented into six types on the basis of the parts replaced, which is further segmented into subtypes: knee replacement, hip replacement, ankle replacement, digit replacement, elbow replacement, shoulder replacement, and wrist replacement. The ankle replacement segment is expected to grow at the highest rate of 11.1%, while the knee replacement segment covers the maximum share of 47.8% of the market.

The key players that dominate the market are Zimmer Holdings Inc. (U.S.), DePuy Synthes Companies (Germany), Stryker Corporation (U.S.), Biomet Inc. (U.S.), Smith & Nephew Plc. (U.K.), Wright Medical Technology, Inc. (U.S.), and Tornier N.V. (Netherlands), among others. Zimmer Holdings Inc. covers the largest share of the overall market. Players in this market have adopted various strategies to expand their global footprints and increase their market shares. The key strategies followed by most of the companies in the joint reconstruction market are product approvals, new product launches, and mergers & acquisitions.