Kalorama: Healthy Orthopedic Market Seen in Zimmer Divestitures
NEW YORK, June 24, 2015 /PRNewswire/ -- Zimmer Holdings, Inc. appears to be moving forward with finalizing its announced pending acquisition of Biomet, Inc, as it found buyers for its mandated divestures, and for market researcher Kalorama Information, that demonstrates the appetite for purchases and mergers in the industry. Asset divestitures included the Unicompartmental High-Flex Knee System, Biomet Discovery Elbow System, and Cobalt bone cement products. These sales will bring Zimmer's acquisition of Biomet to the brink of completion and continuing the trend of mergers and acquisitions in the orthopedic device market.
"There have been a number of mergers and acquisitions in the orthopedic device market over the past year or so.," said Bruce Carlson, Publisher of Kalorama Information. "This is largely due to the need to curb research and development costs and still offer new and innovative products."
Kalorama Information's report, Global Orthopedic Device Market, notes a number of issues and trends affecting the orthopedic device market, including the increasing number of mergers and acquisitions. (Global Orthopedic Device Market can be found at Kalorama Information: http://www.kaloramainformation.com/redirect.asp?progid=87602&productid=8757580.)
In 2012 Biomet itself acquired the trauma business of DePuy Orthopedics, Inc. for $280 million in cash. Biomet acquired DePuy's Trauma operations in the United States, Australia, New Zealand, Japan and the United Kingdom. They also acquired DePuy's trauma manufacturing operations in Le Locle, Switzerland.
Zimmer continues to work constructively with the Bureau of Competition Staff of the U.S. Federal Trade Commission (FTC) to finalize its acquisition of Biomet. Both the European Commission and the Japan Fair Trade Commission have cleared Zimmer's proposed acquisition of Biomet. Zimmer anticipates closing the Biomet merger shortly. Zimmer holds the third position in the orthopedic device market, their strongest area of sales in the knee orthopedic devices market. The company's acquisition of Biomet will make it a leader in the large joint arena and increase its extremities segment standing.
Global Orthopedic Device Market notes not only the mergers and acquisitions that have shaped the current orthopedic device market but also other companies that may be ripe for acquisition. Given the current economic climate and increasing regulatory hurdles, Kalorama anticipates that the flurry of acquisitions and mergers will continue, at least for the near foreseeable future.
Beyond mergers and acquisitions, the healthcare market research publisher's report covers these issues and trends in the market including Community hospital involvement in trauma, smart implants, biologic putty, biofilm formation, generic orthopedic devices
The orthopedic device market faces challenges due to issues of economics, demographics, technology and international opportunities. The report contains market size and expected growth, outlining the positive and negative influences affecting the orthopedic device market, especially those seen in the reconstructive portion of the market but also in the trauma and spine portions as well. The market includes hip replacement, knee replacement, extremities reconstruction (shoulders, wrists, elbows, ankles/feet, hands/fingers), internal fixation orthopedic trauma devices, and spinal implants.
All market data pertain to the world market at the manufacturers' level. The base year for data was 2014. Historical data was provided for the years 2012, 2013 and 2014, with forecast data provided for 2015 through 2019. Compound annual growth rates (CAGRs) are provided for 2012-2014, 2014-2019, and 2012-2019 periods for each region and/or segment covered. Competitive analysis is provided for the year 2014. The forecasted market analysis for 2014-2019 is largely based on demographic trends, new developments, innovative technology and global expansion.
Global Orthopedic Device Market can be found at KI: http://www.kaloramainformation.com/redirect.asp?progid=87602&productid=8757580.
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama's website and are also available on www.marketresearch.com and www.profound.com.
We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog at www.kaloramainformation.com.
Contact:
Bruce Carlson
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www.KaloramaInformation.com
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SOURCE Kalorama Information
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