Motion Preservation Devices Market by Product - Global Industry Analysis and Forecast to 2025

Published On : July 2017 Pages : 90 Category: Medical Devices Report Code : HC07181

Industry Trend Analysis

The motion preservation devices market is estimated to be around $2.5 billion by 2025. Growing number of spine related disorders coupled with increasing geriatric population and advancements in motion preservation devices are the key factors driving the demand for these devices. Moreover, growing popularity of minimally invasive spine procedures and increasing patient awareness regarding advances in spine surgeries will further boost the market growth. However, stringent government regulations for product approval and high procedure cost and expensive implants will restrain the growth of motion preservation devices market in near future.

Product Outlook and Trend Analysis

Artificial disc replacement devices segment dominated the global motion preservation devices market in 2016. This can be attributed to rising adoption of artificial disc replacement devices over spinal fusion devices. The nuclear disc prostheses devices segment is expected to grow at high CAGR during the forecast period. The dynamic stabilization devices segment will also show significant growth rate. This can be attributed to use of flexible materials while performing dynamic stabilization procedure for restoring the spine mobility.

Regional Outlook and Trend Analysis

North America dominated the motion preservation devices market in 2016. This can be attributed to increase in the prevalence of spine disorders and impairments and increasing preference for motion preservation devices in spine procedures. Asia-Pacific will show high market potential for motion preservation devices during the forecast period. This can be attributed to factors such as rise in prevalence of spine related disorders, improving healthcare infrastructure, and increase in healthcare expenditure.

Competitive Analysis

Major companies focus on developing innovative spine techniques to expand their product portfolio. For instance, in January 2016, K2M Group Holdings, Inc. obtained CE mark approval for its RHINE Cervical Disc System, which is a cervical artificial disc replacement device that features molding technology.  K2M Group Holdings, Inc. is a medical device company which offers complex spine and minimally invasive spine technologies and techniques. RHINE Cervical Disc System has been designed for the treatment of degenerative disc disease. This product approval helped the company to distribute this system across Europe and other countries following CE mark. Thus, major companies are highly focused on building product portfolio and penetrating the market with advanced technologies to sustain their position in the market at global level.

The major players operating in this market are HPI Implants, RTI Surgical, Inc., Globus Medical, Inc., DePuy Synthes (a part of Johnson & Johnson), Zimmer Biomet Holdings, Inc., Raymedica, Inc., Ulrich GmbH & Co. KG, Aurora Spine Corporation, Spinal Kinetics, Paradigm Spine, LLC, Medtronic plc, and B. Braun Melsungen AG.

Market Opportunities

Elderly people who are more prone to spine related disorders due to declining bone density will increase demand for these devices in near future. Globally, the number of older people (those aged 60 years or older) is poised to grow by 56% from 901 million in 2015 to 1.4 billion in 2030 (Source: United Nations). This growth will be significant in less developed countries and provide abundant growth opportunities for the motion preservation device manufacturers. Additionally, preference of physicians and patients shifting towards artificial disc replacement will bring in ample growth opportunities to the manufacturers.

Motion Preservation Devices Market Segmentation:

By Product:

  • Dynamic Stabilization Devices
  • Pedicle Screw-based Systems
  • Interspinous Process Spacers
  • Facet Replacement Products
  • Annulus Repair Devices
  • Artificial Discs Replacement Devices
  • Artificial Lumbar Discs
  • Artificial Cervical Discs
  • Nuclear Disc Prostheses Devices

By Region:

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • Turkey
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2016 and forecast from 2017 to 2025?
  • What will be the industry market growth from 2017 to 2025?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

 

Market Classification

  • Motion Preservation Devices Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
  • Annulus Repair Devices
  • Nuclear Disc Prostheses Devices
  • Artificial Discs Replacement Devices
  • Artificial Lumbar Discs
  • Artificial Cervical Discs
  • Dynamic Stabilization Devices
  • Interspinous Process Spacers
  • Facet Replacement Products
  • Pedicle Screw-Based Systems
  • Motion Preservation Devices Market, By Region, Estimates and Forecast, 2016-2025 ($Million)
    • North America
  • North America Motion Preservation Devices Market, By Country
  • North America Motion Preservation Devices Market, By Product
    • U.S. Motion Preservation Devices Market, By Product
    • Canada Motion Preservation Devices Market, By Product
    • Mexico Motion Preservation Devices Market, By Product
    • Europe
  • Europe Motion Preservation Devices Market, By Country
  • Europe Motion Preservation Devices Market, By Product
    • Germany Motion Preservation Devices Market, By Product
    • France Motion Preservation Devices Market, By Product
    • UK Motion Preservation Devices Market, By Product
    • Italy Motion Preservation Devices Market, By Product
    • Spain Motion Preservation Devices Market, By Product
    • Rest of Europe Motion Preservation Devices Market, By Product
    • Asia-Pacific
      • Asia-Pacific Motion Preservation Devices Market, By Country
      • Asia-Pacific Motion Preservation Devices Market, By Product
        • Japan Motion Preservation Devices Market, By Product
        • Australia Motion Preservation Devices Market, By Product
        • India Motion Preservation Devices Market, By Product
        • South Korea Motion Preservation Devices Market, By Product
        • Rest of Asia-Pacific Motion Preservation Devices Market, By Product
    • Rest of the World
      • Rest of the World Motion Preservation Devices Market, By Country
      • Rest of the World Motion Preservation Devices Market, By Product
        • Brazil Motion Preservation Devices Market, By Product
        • Brazil Motion Preservation Devices Market, By End User
        • South Africa Motion Preservation Devices Market, By Product
        • Saudi Arabia Motion Preservation Devices Market, By Product
        • Turkey Motion Preservation Devices Market, By Product
        • United Arab Emirates Motion Preservation Devices Market, By Product
        • Others Motion Preservation Devices Market, By Product

Table of Contents

1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2. Executive Summary

2.1. Key Highlights

3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Share Analysis

3.3. Market Dynamics

3.3.1. Drivers

3.3.1.1. Growing Number of Spine Related Disorders

3.3.1.2. Increasing Geriatric Population

3.3.1.3. Advancements in Motion Preservation Devices

3.3.1.4. Growing Popularity of Minimally Invasive Spine Procedures

3.3.1.5. Increasing Patient Awareness Regarding Advances in Spinal Surgeries

3.3.2. Restraints

3.3.2.1. Stringent Government Regulations for Product Approval

3.3.2.2. High Procedure Cost and Expensive Implants

3.3.3. Opportunities

3.3.3.1. Preference of Physicians and Patients Shifting Towards Artificial Disc Replacement

3.4. Industry Trends

4. Motion Preservation Devices Market, By Product

4.1. Introduction

4.2. Motion Preservation Devices Market Assessment and Forecast, By Product, 2016-2025

4.3. Dynamic Stabilization Devices

4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.3.2. Interspinous Process Spacers

4.3.2.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.3.3. Facet Replacement Products

4.3.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.3.4. Pedicle Screw-based Systems

4.3.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.4. Artificial Discs Replacement Devices

4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.4.2. Artificial Cervical Discs

4.4.2.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.4.3. Artificial Lumbar Discs

4.4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.5. Annulus Repair Devices

4.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.6. Nuclear Disc Prostheses Devices

4.6.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

5. Motion Preservation Devices Market, By Region

5.1. Introduction

5.2. Motion Preservation Devices Market Assessment and Forecast, By Region, 2016-2025 ($Million)

5.3. North America

5.3.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

5.3.2. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.3.2.1. U.S.

5.3.2.1.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.3.2.2. Canada

5.3.2.2.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.3.2.3. Mexico

5.3.2.3.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.4. Europe

5.4.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

5.4.2. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.4.2.1. Germany

5.4.2.1.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.4.2.2. France

5.4.2.2.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.4.2.3. UK

5.4.2.3.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.4.2.4. Italy

5.4.2.4.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.4.2.5. Spain

5.4.2.5.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.4.2.6. Russia

5.4.2.6.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.4.2.7. Rest of Europe

5.4.2.7.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.5. Asia-Pacific

5.5.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

5.5.2. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.5.2.1. Japan

5.5.2.1.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.5.2.2. China

5.5.2.2.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.5.2.3. Australia

5.5.2.3.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.5.2.4. India

5.5.2.4.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.5.2.5. South Korea

5.5.2.5.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.5.2.6. Taiwan

5.5.2.6.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.5.2.7. Rest of Asia-Pacific

5.5.2.7.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.6. Rest of the World

5.6.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

5.6.2. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.6.2.1. Brazil

5.6.2.1.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.6.2.2. Turkey

5.6.2.2.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.6.2.3. Saudi Arabia

5.6.2.3.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.6.2.4. South Africa

5.6.2.4.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.6.2.5. United Arab Emirates

5.6.2.5.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

5.6.2.6. Others

5.6.2.6.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

6. Company Profiles

6.1. Medtronic plc

6.1.1. Business Overview

6.1.2. Product Portfolio

6.1.3. Key Financials

6.1.4. Strategic Developments

6.2. RTI Surgical, Inc.

6.2.1. Business Overview

6.2.2. Product Portfolio

6.2.3. Key Financials

6.2.4. Strategic Developments

6.3. Globus Medical, Inc.

6.3.1. Business Overview

6.3.2. Product Portfolio

6.3.3. Key Financials

6.3.4. Strategic Developments

6.4. DePuy Synthes

6.4.1. Business Overview

6.4.2. Product Portfolio

6.4.3. Strategic Developments

6.5. Raymedica, Inc.

6.5.1. Business Overview

6.5.2. Product Portfolio

6.5.3. Strategic Developments

6.6. Ulrich GmbH & Co. KG

6.6.1. Business Overview

6.6.2. Product Portfolio

6.6.3. Strategic Developments

6.7. Zimmer Biomet Holdings, Inc.

6.7.1. Business Overview

6.7.2. Product Portfolio

6.7.3. Key Financials

6.7.4. Strategic Developments

6.8. Aurora Spine Corporation

6.8.1. Business Overview

6.8.2. Product Portfolio

6.8.3. Key Financials

6.8.4. Strategic Developments

6.9. Spinal Kinetics

6.9.1. Business Overview

6.9.2. Product Portfolio

6.9.3. Strategic Developments

6.10. B. Braun Melsungen AG

6.10.1. Business Overview

6.10.2. Product Portfolio

6.10.3. Key Financials

6.10.4. Strategic Developments

6.11. Paradigm Spine, LLC

6.11.1. Business Overview

6.11.2. Product Portfolio

6.11.3. Strategic Developments


List of Tables

Table 1.Global Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 2.Dynamic Stabilization Devices Market, By Type, 2016-2025 ($Million)
Table 3.Dynamic Stabilization Devices Market, By Region, 2016-2025 ($Million)
Table 4.Interspinous Process Spacers Market, By Region, 2016-2025 ($Million)
Table 5.Pedicle Screw-Based Systems Market, By Region, 2016-2025 ($Million)
Table 6.Facet Replacement Products Market, By Region, 2016-2025 ($Million)
Table 7.Artificial Discs Replacement Devices Market, By Type, 2016-2025 ($Million)
Table 8.Artificial Discs Replacement Devices Market, By Region, 2016-2025 ($Million)
Table 9.Artificial Cervical Discs Market, By Region, 2016-2025 ($Million)
Table 10.Artificial Lumbar Discs Market, By Region, 2016-2025 ($Million)
Table 11.Annulus Repair Devices Market, By Region, 2016-2025 ($Million)
Table 12.Nuclear Disc Prostheses Devices Market, By Region, 2016-2025 ($Million)
Table 13.Motion Preservation Devices Market, By Region, 2016-2025 ($Million)
Table 14.North America Motion Preservation Devices Market, By Country, 2016-2025 ($Million)
Table 15.North America Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 16.U.S. Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 17.Canada Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 18.Mexico Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 19.Europe Motion Preservation Devices Market, By Country, 2016-2025 ($Million)
Table 20.Europe Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 21.Germany Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 22.France Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 23.UK Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 24.Italy Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 25.Spain Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 26.Russia Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 27.Rest of Europe Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 28.Asia-Pacific Motion Preservation Devices Market, By Country, 2016-2025 ($Million)
Table 29.Asia-Pacific Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 30.Japan Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 31.China Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 32.Australia Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 33.India Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 34.South Korea Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 35.Taiwan Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 36.Rest of Asia-Pacific Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 37.Rest of the World Motion Preservation Devices Market, By Country, 2016-2025 ($Million)
Table 38.Rest of the World Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 39.Brazil Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 40.Turkey Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 41.Saudi Arabia Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 42.South Africa Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 43.United Arab Emirates Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 44.Others Motion Preservation Devices Market, By Product, 2016-2025 ($Million)
Table 45.Medtronic plc: Key Strategic Developments, 2015-2017
Table 46.RTI Surgical, Inc.: Key Strategic Developments, 2015-2017
Table 47.Globus Medical, Inc.: Key Strategic Developments, 2015-2017
Table 48.DePuy Synthes: Key Strategic Developments, 2015-2017
Table 49. Raymedica, Inc: Key Strategic Developments, 2015-2017
Table 50.Ulrich GmbH & Co. KG: Key Strategic Developments, 2015-2017
Table 51.Zimmer Biomet Holdings, Inc.: Key Strategic Developments, 2015-2017
Table 52.Aurora Spine Corporation: Key Strategic Developments, 2015-2017
Table 53.Spinal Kinetics: Key Strategic Developments, 2015-2017
Table 54.B. Braun Melsungen AG: Key Strategic Developments, 2015-2017
Table 55.Paradigm Spine, LLC: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Motion Preservation Devices Market Share, By Product, 2016 & 2025
Figure 2.Motion Preservation Devices Market, By Region, 2016 ($Million)
Figure 3.Medtronic plc: Net Revenues, 2014-2016 ($Million)
Figure 4.Medtronic plc: Net Revenue Share, By Segment, 2016
Figure 5.Medtronic plc: Net Revenue Share, By Geography, 2016
Figure 6.RTI Surgical, Inc.: Net Revenues, 2014-2016 ($Million)
Figure 7.RTI Surgical, Inc.: Net Revenue Share, By Segment, 2016
Figure 8.RTI Surgical, Inc.: Net Revenue Share, By Geography, 2016
Figure 9.Globus Medical, Inc.: Net Revenues, 2014-2016 ($Million)
Figure 10.Globus Medical, Inc.: Net Revenue Share, By Segment, 2016
Figure 11.Globus Medical, Inc.: Net Revenue Share, By Geography, 2016
Figure 12.Zimmer Biomet Holdings, Inc.: Net Revenues, 2014-2016 ($Million)
Figure 13.Zimmer Biomet Holdings, Inc.: Net Revenue Share, By Segment, 2016
Figure 14.Zimmer Biomet Holdings, Inc.: Net Revenue Share, By Geography, 2016
Figure 15.Aurora Spine Corporation: Net Revenues, 2014-2016 ($Million)
Figure 16.Aurora Spine Corporation: Net Revenue Share, By Segment, 2016
Figure 17.Aurora Spine Corporation: Net Revenue Share, By Geography, 2016
Figure 18.B. Braun Melsungen AG.: Net Revenues, 2014-2016 ($Million)
Figure 19.B. Braun Melsungen AG.: Net Revenue Share, By Segment, 2016
Figure 20.B. Braun Melsungen AG.: Net Revenue Share, By Geography, 2016

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country