Chinese and Taiwanese Markets for Spinal Implants, MIS and VCF 2011
NEW YORK, Oct. 10, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Chinese and Taiwanese Markets for Spinal Implants, MIS and VCF 2011
http://www.reportlinker.com/p0652515/Chinese-and-Taiwanese-Markets-for-Spinal-Implants-MIS-and-VCF-2011.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Orthopedic
The combined Chinese and Taiwanese spinal implant market is expected to exceed $1 billion by 2017, driven by the rapid expansion of all markets in China.
The combined Chinese and Taiwanese spinal implant market comprises three main segments:
- spinal fusion implants,
- non-fusion implants and
- vertebral compression fracture (VCF) treatments.
Despite the geographical proximity of China and Taiwan, the spinal implant markets in these two countries differ substantially. The Taiwanese market is mature and stable. As a result, the majority of growth in the Taiwanese market is due to the proliferation of newer technologies, including artificial discs, percutaneous vertebral augmentation (PVA) and minimally invasive surgery (MIS) solutions. Conversely, in China, increasing access to healthcare in rural areas, growing healthcare investment and a rise in the number of trained orthopedic surgeons have led to rapid growth in nearly every spinal implant market segment.
Within the Chinese and Taiwanese market for spinal implants, companies such as Depuy, Medtronic, Stryker and Synthes lead the market, among many domestic companies, particularly in China. This report provides a comprehensive and detailed analysis of market revenues by device type, market forecasts through 2017, unit sales, average selling prices, market drivers and limiters and a detailed competitive analysis, including manufacturer market shares and product portfolios.
TABLE OF CONTENTS
TABLE OF CONTENTS .... ...I
LIST OF FIGURES .....VI
LIST OF CHARTS ......XI
EXECUTIVE SUMMARY ... 1
1.1 CHINESE AND TAIWANESE MARKETS FOR SPINAL IMPLANTS, MIS AND VCF .... 1
1.2 SPINAL FUSION MARKET ...... 2
1.3 NON-FUSION SPINAL IMPLANT MARKET ...... 3
1.4 VCFMARKET ....... 4
1.5 TREND ANALYSIS: CHINESE SPINAL IMPLANT MARKET ...... 5
1.6 TREND ANALYSIS: TAIWANESE SPINAL IMPLANT MARKET . 6
1.7 COMPETITIVE ANALYSIS ...... 7
RESEARCH METHODOLOGY . 8
2.1 RESEARCH SCOPE . 8
2.2 IDATA'S 9-STEP METHODOLOGY . 8
2.2.1 Step 1: Project Initiation & Team Selection 9
2.2.2 Step 2: Prepare Data Systems and Perform Secondary Research ..... 10
2.2.3 Step 3: Preparation for Interviews & Questionnaire Design .... 11
2.2.4 Step 4: Performing Primary Research ....... 12
2.2.5 Step 5: Research Analysis: Establishing Baseline Estimates .... 14
2.2.6 Step 6: Market Forecast and Analysis ....... 14
2.2.7 Step 7: Identify Strategic Opportunities .... 16
2.2.8 Step 8: Final Review and Market Release . 17
2.2.9 Step 9: Customer Feedback and Market Monitoring . 18
CHINESE AND TAIWANESE MARKETS FOR SPINAL IMPLANTS, MIS AND
VCF ...... 19
3.1 INTRODUCTION ... 19
3.1.1.1 Spinal Fusion ...20
3.1.1.2 Traditional Interbody Fusion ..20
3.1.1.3 ALIF .21
3.1.1.4 PLIF .21
3.1.1.5 TLIF .21
3.1.1.6 CIF ...21
3.1.1.7 Minimally Invasive Interbody Fusion ......21
3.1.1.8 Minimally Invasive TLIF .22
3.1.1.9 Minimally Invasive PLIF .22
3.1.1.10 Lateral Lumbar Interbody Fusion .23
3.1.1.11 Artificial Discs .......24
3.1.1.12 Dynamic Stabilization ....24
3.1.1.13 Posterior Dynamic Stabilization ....24
3.1.1.14 Interspinous Process Decompression ....24
3.1.1.15 Vertebral Compression Fracture ...25
3.2 CURRENCY EXCHANGE RATES ... 26
3.3MARKET OVERVIEW ... 27
3.3.1 Market by Segment 27
3.3.2 Market by Country 32
3.4 TREND ANALYSIS ....... 34
3.4.1 Trend Analysis by Segment ... 34
3.4.2 Trend Analysis by Country ... 38
3.5MARKET DRIVERS AND LIMITERS ...... 41
3.5.1 Market Drivers ...... 41
3.5.2 Market Limiters ..... 42
3.6 COMPETITIVE ANALYSIS .... 44
3.7MERGERS AND ACQUISITIONS .... 50
COUNTRY PROFILES ...... 52
4.1 INTRODUCTION ... 52
4.1.1 Population ..... 52
4.1.2 GDP per Capita .... 52
4.1.3 FPM and NFPM Penetration Rates ...... 52
4.1.4 Price Index .... 53
4.2 CHINA . 54
4.3 TAIWAN ...... 55
THE HUMAN SPINE . 56
5.1 BASIC ANATOMY 56
5.2 SPINAL PATHOLOGY & DISORDERS .... 58
5.2.1 Degenerative Disc Disease ... 58
5.2.1.1 Disc Herniation .......58
5.2.1.2 Stenosis ....59
5.2.1.3 Spondylolisthesis ......59
5.2.1.4 Arthritis ....59
5.2.2 Spinal Deformities 60
5.2.2.1 Scoliosis ...60
5.2.2.2 Kyphosis and Lordosis .....60
5.2.3 Trauma and Tumor ....... 60
5.2.4 Vertebral Compression Fractures 61
5.2.4.1 Osteoporosis ....61
5.2.4.2 Vertebral Compression Fractures ...61
5.3 SPINAL DISORDER TREATMENTS 62
5.3.1 Decompression ...... 62
5.3.1.1 Microdecompression 62
5.3.1.2 Laminectomy ....62
5.3.2 Discectomy .... 62
5.3.3 Spinal Fusion 63
5.3.4 Corpectomy ... 63
5.3.5 Spinal Arthroplasty ....... 63
CHINESE SPINAL IMPLANT MARKET ....... 64
6.1 INTRODUCTION ... 64
6.2MARKET ANALYSIS AND FORECAST .. 66
6.2.1 Market Overview ... 66
6.2.2 Thoracolumbar Fixation Market .. 73
6.2.3 Cervical Fixation Market ...... 80
6.2.4 Interbody Fusion Market ...... 85
6.2.5 Artificial Disc Market ... 92
6.2.6 Dynamic Stabilization Market ...... 95
6.2.7 VCF Market 100
6.2.8 Minimally Invasive Interbody Fusion . 105
6.2.9 Minimally Invasive Thoracolumbar Fixation ..... 110
6.3MARKET DRIVERS AND LIMITERS .... 116
6.3.1 Market Drivers .... 116
6.3.2 Market Limiters ... 117
6.4 COMPETITIVE ANALYSIS .. 119
6.4.1 Total Spinal Implant Market ....... 119
6.4.2 Fusion Market ..... 121
6.4.3 Artificial Disc Market . 123
6.4.4 Dynamic Stabilization Market .... 124
6.4.5 VCF Market 125
6.4.6 MIS Spinal Implant Market . 127
TAIWANESE SPINAL IMPLANT MARKET ...... 130
7.1 INTRODUCTION . 130
7.2MARKET ANALYSIS AND FORECAST 131
7.2.1 Market Overview . 131
7.2.2 Thoracolumbar Fixation Market 138
7.2.3 Cervical Fixation Market .... 145
7.2.4 Interbody Fusion Market .... 150
7.2.5 Artificial Disc Market . 157
7.2.6 Dynamic Stabilization Market .... 162
7.2.7 VCF Market 167
7.2.8 Minimally Invasive Interbody Fusion . 172
7.2.9 Minimally Invasive Thoracolumbar Fixation ..... 177
7.3MARKET DRIVERS AND LIMITERS .... 183
7.3.1 Market Drivers .... 183
7.3.2 Market Limiters ... 184
7.4 COMPETITIVE ANALYSIS .. 186
7.4.1 Total Spinal Implant Market ....... 186
7.4.2 Fusion Market ..... 188
7.4.3 Artificial Disc Market . 191
7.4.4 Dynamic Stabilization Market .... 191
7.4.5 VCF Market 192
7.4.6 MIS Spinal Implant Market . 194
ABBREVIATIONS .... 198
LIST OF FIGURES
EXECUTIVE SUMMARY .... 1
RESEARCH METHODOLOGY .... 8
CHINESE AND TAIWANESE MARKETS FOR SPINAL IMPLANTS, MIS AND
VCF ...... 19
Figure 3-1: Exchange Rate for the US Dollar, 2010 ..... 26
Figure 3-2: Total Spinal Implant Market by Segment, China and Taiwan,
2007 – 2017 (US$M) ..... 29
Figure 3-3: Spinal Implant Market by Country, China and Taiwan, 2007 – 2017
(US$M) . 33
Figure 3-4: Growth Rates by Segment, Spinal Implant Markets, China and
Taiwan, 2007 – 2017 ..... 36
Figure 3-5: Growth Rates by Country, Spinal Implant Markets, China and
Taiwan, 2007 – 2017 ..... 39
Figure 3-6: Drivers and Limiters, Spinal Implant Markets, China and Taiwan,
2010 ...... 43
Figure 3-7: Leading Competitors, Spinal Implant Markets, China and Taiwan,
2010 ...... 48
COUNTRY PROFILES ...... 52
Figure 4-1: Price Index for Fusion Devices by Country, China and Taiwan,
2010 ...... 53
THE HUMAN SPINE . 56
CHINESE SPINAL IMPLANT MARKET ... 64
Figure 6-1: Spinal Implant Market by Segment, China, 2007 – 2017 (US$M) ...... 68
Figure 6-2: Spinal Implant Market by Segment, China, 2007 – 2017 (CN¥M) ...... 69
Figure 6-3: Thoracolumbar Fixation Procedures by Indication, China,
2007 – 2017 ... 74
Figure 6-4: Thoracolumbar Fixation ASP by Indication, China, 2007 – 2017
(US$) .... 75
Figure 6-5: Thoracolumbar Fixation ASP by Indication, China, 2007 – 2017
(CN¥) .... 76
Figure 6-6: Thoracolumbar Fixation Market by Indication, China, 2007 – 2017
(US$M) . 77
Figure 6-7: Thoracolumbar Fixation Market by Indication, China, 2007 – 2017
(CN¥M) . 78
Figure 6-8: Cervical Fixation Procedures by Approach, China, 2007 – 2017 81
Figure 6-9: Cervical Fixation ASP by Approach, China, 2007 – 2017 (US$) 82
Figure 6-10: Cervical Fixation ASP by Approach, China, 2007 – 2017 (CN¥)...... 82
Figure 6-11: Cervical Fixation Market by Approach, China, 2007 – 2017
(US$M) . 83
Figure 6-12: Cervical Fixation Market by Approach, China, 2007 – 2017
(CN¥M) . 83
Figure 6-13: Interbody Fusion Procedures by Approach, China, 2007 – 2017....... 86
Figure 6-14: Interbody Fusion ASP by Approach, China, 2007 – 2017 (US$)....... 87
Figure 6-15: Interbody Fusion ASP by Approach, China, 2007 – 2017 (CN¥) ...... 88
Figure 6-16: Interbody Fusion Market by Approach, China, 2007 – 2017
(US$M) . 89
Figure 6-17: Interbody Fusion Market by Approach, China, 2007 – 2017
(CN¥M) . 90
Figure 6-18: Cervical Artificial Disc Market, China, 2007 – 2017 (US$) ..... 93
Figure 6-19: Cervical Artificial Disc Market, China, 2007 – 2017 (CN¥) ..... 93
Figure 6-20: Dynamic Stabilization Units Sold by Segment, China,
2007 – 2017 ... 96
Figure 6-21: Dynamic Stabilization ASP by Segment, China 2007 – 2017
(US$) .... 97
Figure 6-22: Dynamic Stabilization ASP by Segment, China 2007 – 2017
(CN¥) .... 97
Figure 6-23: Dynamic Stabilization Market by Segment, China, 2007 – 2017
(US$M) . 98
Figure 6-24: Dynamic Stabilization Market by Segment, China, 2007 – 2017
(CN¥M) . 98
Figure 6-25: VCF Procedures by Type, China, 2007 – 2017 ...... 101
Figure 6-26: VCF ASP by Type, China 2007 – 2017 (US$) ....... 102
Figure 6-27: VCF ASP by Type, China 2007 – 2017 (CN¥) ....... 102
Figure 6-28: VCF Market by Type, China, 2007 – 2017 (US$M) ....... 103
Figure 6-29: VCF Market by Type, China, 2007 – 2017 (CN¥M) ....... 103
Figure 6-30: MIS Interbody Fusion Procedures by Type, China, 2007 – 2017 .... 106
Figure 6-31: MIS Interbody Fusion ASP by Type, China 2007 – 2017 (US$) ..... 107
Figure 6-32: MIS Interbody Fusion ASP by Type, China 2007 – 2017 (CN¥)..... 107
Figure 6-33: MIS Interbody Fusion Market by Type, China, 2007 – 2017
(US$M) ....... 108
Figure 6-34: MIS Interbody Fusion Market by Type, China, 2007 – 2017
(CN¥M) ....... 108
Figure 6-35: MIS Thoracolumbar Fixation Procedures by Type, China,
2007 – 2017 . 112
Figure 6-36: MIS Thoracolumbar Fixation ASP by Type, China, 2007 – 2017
(US$) .. 113
Figure 6-37: MIS Thoracolumbar Fixation ASP by Type, China, 2007 – 2017
(CN¥) .. 113
Figure 6-38: MIS Thoracolumbar Fixation Market by Type, China, 2007 – 2017
(US$M) ....... 114
Figure 6-39: MIS Thoracolumbar Fixation Market by Type, China, 2007 – 2017
(CN¥M) ....... 114
Figure 6-40: Drivers and Limiters, Spinal Implant Market, China, 2010 .... 118
Figure 6-41: Leading Competitors, Spinal Implant Market, China, 2010 .... 128
TAIWANESE SPINAL IMPLANT MARKET ... 130
Figure 7-1: Spinal Implant Market by Segment, Taiwan, 2007 – 2017 (US$M) .. 133
Figure 7-2: Spinal Implant Market by Segment, Taiwan, 2007 – 2017 (TW$M) . 134
Figure 7-3: Thoracolumbar Fixation Procedures by Indication, Taiwan,
2007 – 2017 . 139
Figure 7-4: Thoracolumbar Fixation ASP by Indication, Taiwan, 2007 – 2017
(US$) .. 140
Figure 7-5: Thoracolumbar Fixation ASP by Indication, Taiwan, 2007 – 2017
(TW$) . 141
Figure 7-6: Thoracolumbar Fixation Market by Indication, Taiwan, 2007 – 2017
(US$M) ....... 142
Figure 7-7: Thoracolumbar Fixation Market by Indication, Taiwan, 2007 – 2017
(TW$M) ...... 143
Figure 7-8: Cervical Fixation Procedures, Taiwan, 2007 – 2017 146
Figure 7-9: Cervical Fixation ASP by Approach, Taiwan, 2007 – 2017 (US$).... 147
Figure 7-10: Cervical Fixation ASP by Approach, Taiwan, 2007 – 2017 (TW$) . 147
Figure 7-11: Cervical Fixation Market by Approach, Taiwan, 2007 – 2017
(US$M) ....... 148
Figure 7-12: Cervical Fixation Market by Approach, Taiwan, 2007 – 2017
(TW$M) ...... 148
Figure 7-13: Interbody Fusion Procedures by Approach, Taiwan, 2007 – 2017 .. 151
Figure 7-14: Interbody Fusion ASP by Approach, Taiwan, 2007 – 2017 (US$) .. 152
Figure 7-15: Interbody Fusion ASP by Approach, Taiwan, 2007 – 2017 (TW$) . 153
Figure 7-16: Interbody Fusion Market by Approach, Taiwan, 2007 – 2017
(US$M) ....... 154
Figure 7-17: Taiwanese Market for Interbody Fusion Devices by Approach,
Taiwan, 2007 – 2017 (TW$M) .... 155
Figure 7-18: Artificial Disc Units Sold by Segment, Taiwan, 2007 – 2017 . 158
Figure 7-19: Artificial Disc ASP by Segment, Taiwan, 2007 – 2017 (US$) 159
Figure 7-20: Artificial Disc ASP by Segment, Taiwan, 2007 – 2017 (TW$) ....... 159
Figure 7-21: Artificial Disc Market by Segment, Taiwan, 2007 – 2017 (US$M). 160
Figure 7-22: Artificial Disc Market by Segment, Taiwan, 2007 – 2017
(TW$M) ...... 160
Figure 7-23: Dynamic Stabilization Units Sold by Segment, Taiwan,
2007 – 2017 (US$) ....... 163
Figure 7-24: Dynamic Stabilization ASP by Segment, Taiwan, 2007 – 2017
(US$) .. 164
Figure 7-25: Dynamic Stabilization ASP by Segment, Taiwan, 2007 – 2017
(TW$) . 164
Figure 7-26: Dynamic Stabilization Market by Segment, Taiwan, 2007 – 2017
(US$M) ....... 165
Figure 7-27: Dynamic Stabilization Market by Segment, Taiwan, 2007 – 2017
(TW$M) ...... 165
Figure 7-28: VCF Procedures by Type, Taiwan, 2007 – 2017 .... 168
Figure 7-29: VCF ASP by Type, Taiwan, 2007 – 2017 (US$) .... 169
Figure 7-30: VCF ASP by Type, Taiwan, 2007 – 2017 (TW$) ... 169
Figure 7-31: VCF Market by Type, Taiwan, 2007 – 2017 (US$M) ..... 170
Figure 7-32: VCF Market by Type, Taiwan, 2007 – 2017 (TW$M) .... 170
Figure 7-33: MIS Interbody Fusion Procedures by Type, Taiwan, 2007 – 2017 .. 173
Figure 7-34: MIS Interbody Fusion ASP by Type, Taiwan, 2007 – 2017 (US$) .. 174
Figure 7-35: MIS Interbody Fusion ASP by Type, Taiwan, 2007 – 2017 (TW$) . 174
Figure 7-36: MIS Interbody Fusion Market by Type, Taiwan, 2007 – 2017
(US$M) ....... 175
Figure 7-37: MIS Interbody Fusion Market by Type, Taiwan, 2007 – 2017
(TW$M) ...... 175
Figure 7-38: MIS Thoracolumbar Fixation Procedures by Type, Taiwan,
2007 – 2017 . 179
Figure 7-39: MIS Thoracolumbar Fixation ASP by Type, Taiwan, 2007 – 2017
(US$) .. 180
Figure 7-40: MIS Thoracolumbar Fixation ASP by Type, Taiwan, 2007 – 2017
(TW$) . 180
Figure 7-41: MIS Thoracolumbar Fixation Market by Type, Taiwan,
2007 – 2017 (US$M) ... 181
Figure 7-42: MIS Thoracolumbar Fixation Market by Type, Taiwan,
2007 – 2017 (TW$M) .. 181
Figure 7-43: Drivers and Limiters, Spinal Implant Market, Taiwan, 2010 .. 185
Figure 7-44: Leading Competitors, Spinal Implant Market, Taiwan, 2010 .. 196
ABBREVIATIONS .. 198
LIST OF CHARTS
EXECUTIVE SUMMARY .... 1
Chart 1-1: Chinese and Taiwanese Spinal Implant Market, 2010 – 2017 (US$M) ... 1
Chart 1-2: Spinal Fusion Market by Type, China and Taiwan, 2007 – 2017
(US$M) ... 2
Chart 1-3: Percentage of Spinal Implant Market, Dynamic Stabilization and
Artificial Disc Market, China and Taiwan, 2010 and 2017 3
Chart 1-4: VCF Procedures by Type, China, 2007 – 2017 ...... 4
Chart 1-5: Growth Rates, Spinal Implant Market, Taiwan, 2007 – 2017 . 6
Chart 1-6: Leading Competitors, Chinese and Taiwanese Markets for Spinal
Implants, 2010 . 7
RESEARCH METHODOLOGY .... 8
CHINESE AND TAIWANESE MARKETS FOR SPINAL IMPLANTS, MIS AND
VCF ...... 19
Chart 3-1: Total Spinal Implant Market by Segment, China and Taiwan, 2010 ..... 30
Chart 3-2: Total Spinal Implant Market by Segment, China and Taiwan, 2017 ..... 31
Chart 3-3: Growth Rates by Segment, Spinal Implant Markets, China and
Taiwan, 2007 – 2017 ..... 37
Chart 3-4: Growth Rates by Country, Spinal Implant Markets, China and Taiwan,
2007 – 2017 ... 40
Chart 3-5: Leading Competitors, Spinal Implant Markets, China and Taiwan,
2010 ...... 49
COUNTRY PROFILES ...... 52
Chart 4-1: Country Profile, China, 2010 ..... 54
Chart 4-2: Country Profile, Taiwan, 2010 ... 55
THE HUMAN SPINE . 56
CHINESE SPINAL IMPLANT MARKET ... 64
Chart 6-1: Spinal Implant Market by Segment, China, 2007 – 2017 (US$M) 70
Chart 6-2: Spinal Implant Market by Segment, China, 2010 71
Chart 6-3: Spinal Implant Market by Segment, China, 2017 72
Chart 6-4: Thoracolumbar Fixation Market, China, 2007 – 2017 (US$M) .... 79
Chart 6-5: Cervical Fixation Market, China, 2007 – 2017 (US$M) ...... 84
Chart 6-6: Interbody Fusion Market, China, 2007 – 2017 (US$M) ....... 91
Chart 6-7: Cervical Artificial Disc Market, China, 2007 – 2017 (US$M) ..... 94
Chart 6-8: Dynamic Stabilization Market, China, 2007 – 2017 (US$M) ....... 99
Chart 6-9: VCF Market, China, 2007 – 2017 (US$M) 104
Chart 6-10: MIS Interbody Fusion Market, China, 2007 – 2017 (US$M) .... 109
Chart 6-11: MIS Thoracolumbar Fixation Market, China, 2007 – 2017 (US$M) . 115
Chart 6-12: Leading Competitors, Spinal Implant Market, China, 2010 ..... 129
TAIWANESE SPINAL IMPLANT MARKET ... 130
Chart 7-1: Spinal Implant Market by Segment, Taiwan, 2007 – 2017 (US$M).... 135
Chart 7-2: Spinal Implant Market by Segment, Taiwan, 2010 .... 136
Chart 7-3: Spinal Implant Market by Segment, Taiwan, 2017 .... 137
Chart 7-4: Thoracolumbar Fixation Market, Taiwan, 2007 – 2017 (US$M) 144
Chart 7-5: Cervical Fixation Market, Taiwan, 2007 – 2017 (US$M) .. 149
Chart 7-6: Interbody Fusion Market, Taiwan, 2007 – 2017 (US$M) ... 156
Chart 7-7: Artificial Disc Market, Taiwan, 2007 – 2017 (US$M) ....... 161
Chart 7-8: Dynamic Stabilization Market, Taiwan, 2007 – 2017 (US$M) ... 166
Chart 7-9: VCF Market, Taiwan, 2007 – 2017 (US$M) ..... 171
Chart 7-10: MIS Interbody Fusion Market, Taiwan, 2007 – 2017 (US$M) . 176
Chart 7-11: MIS Thoracolumbar Fixation Market, Taiwan, 2007 – 2017
(US$M) ....... 182
Chart 7-12: Leading Competitors, Spinal Implant Market, Taiwan, 2010 ... 197
ABBREVIATIONS .. 198
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Orthopedic Industry: Chinese and Taiwanese Markets for Spinal Implants, MIS and VCF 2011
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