"The
Report MediPoint: Orthotic and Prosthetic (O&P) Devices - Global
Analysis and Market Forecasts provides information on pricing, market
analysis, shares, forecast, and company profiles for key industry
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The Global
Orthotics and Prosthetics (O&P) Market,
which includes braces and supports and prosthetic devices, is an
expansive market covering a broad range of indications. Braces and
supports, external devices that provide support to joints and
weakened musculoskeletal groups to facilitate function and healing,
are utilized prominently in osteoarthritis management; fracture,
sprain, strain, and tear treatment; and prophylactic sports use. For
this report, prosthesis use is focused on a single indication:
extremity amputation.
The growing global aging
population and subsequent rise in the prevalence of diseases that
primarily affect the elderly, including diabetes, vascular disease,
and osteoarthritis, as well as the increase in adoption of braces and
supports for non-invasive treatment, particularly in fracture
management and post-operative rehabilitation, are expected to drive
growth in the O&P market. Emerging O&P technologies focus on
improving patient comfort and functionality to facilitate increased
product adoption.
This report examines O&P
device adoption and challenges faced by current competitors in the 10
major markets (10MM): the US, France, Germany, Italy, Spain, the UK,
Japan, China, India, and Brazil. The analysis also identifies unmet
needs in the market, specifies the major drivers and barriers to
device adoption, and provides an understanding of physician
perception and outlook with an overall emphasis on current and future
industry trends in the 10MM.
Highlights
Key Questions Answered
-
What is the current and future O&P market outlook in the
developed and emerging markets? What trends are affecting the global
market?
-
Which are the key, high growth markets that O&P manufacturers
should expand into? Which markets are growing the fastest, and what
are the top-selling products in
each
segment?
-
What are the unmet needs with O&P products currently on the
market? How will emerging technologies fulfill these unmet needs?
-
What clinical factors and technical specifications influence a
physician to use one type of brace or prosthetic device over another?
What is physician perception and market outlook of O&P?
-
What are the challenges and complications of O&P that have
hindered widespread adoption?
-
With developing the next-generation of O&P products, what aspects
of the technology are device manufacturers focused on optimizing? How
will new entrants impact the global O&P market?
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Scope
-
Annualized total O&P market revenue by type of device, direct and
indirect costs of disease, procedure trends, and market outlooks by
country through 2021.
-
Key topics covered include strategic competitor assessment, market
characterization, identification of unmet needs, reimbursement and
regulatory considerations, evaluating market access in each region
covered in the report, and implications of the emerging technologies
on the market.
-
Pipeline analysis: Comprehensive data split across different stages
of development, including a discussion of emerging trends and O&P
products in development.
-
Analysis of the current and future market competition in the global
O&P market. Insightful review of the key industry drivers,
opportunities, barriers and challenges. Each trend is independently
researched to provide qualitative analysis of its implications.
Reasons to buy
-
What Physicians Think quotes provide a unique insight into how
healthcare professionals are reacting to events within the industry,
and what their responses could mean for industry strategists. In this
report you will understand the perceptions of leading orthopedic
surgeons and O&P practitioners from around the world. This
information is essential for all strategic decision makers in every
organization allowing them to act on high quality information.
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Table of Contents
1 Table of Contents 8
1.1 List of Tables 16
1.2 List of Figures 20
2 Introduction 25
2.1 Catalyst 25
2.2 Related Reports 26
3 Industry Overview 27
3.1 Overview 27
3.2 Procedure Trends 27
3.2.1 Global Overview 27
3.2.2 By Country 28
3.3 Market Access 38
3.3.1 Purchasing Decisions 38
3.4 Brand Loyalty 39
3.5 Adoption 40
3.6 Regulation 41
3.6.1 US 41
3.6.2 5EU 42
3.6.3 APAC 43
3.6.4 South America 45
3.7 Reimbursement 47
3.7.1 US 47
3.7.2 5EU 49
3.7.3 APAC 53
3.7.4 South America 55
3.8 Product Recalls 57
3.8.1 Ability Dynamics Recalls
Rush81 Prosthetic Foot (June 2014) 57
3.8.2 Zimmer Recalls Drop-Lok
Knee Brace, Cartilage Knee Brace, Hinged Knee Support, and Tennis
Elbow Support (April 2014) 57
3.8.3 Ossur Recalls Symbionic
Leg (February 2014) 57
3.9 Mergers and Acquisitions 58
3.9.1 Ottobock Entered
Licensing Agreement with Ekso Bionics (November 2014) 58
3.9.2 Breg to Merge with United
Orthopedic Group (October 2014) 59
3.9.3 Ottobock to Distribute
Artecs 3D Scanners (July 2014) 59
3.9.4 Hanger Acquired
Prosthetic Laboratories of Rochester (June 2014) 59
3.9.5 Hanger Acquired Four
Patient Care Companies (August 2013) 59
3.9.6 Ossur Acquired TeamOlmed
for $47m (May 2013) 60
3.9.7 DJO Global Acquired Exos
(December 2012) 60
3.9.8 Hanger Acquired Two
Patient Care Companies (December 2012) 60
3.9.9 Hanger Acquired Five
Companies (August 2011) 61
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