Zimmer Biomet, Depuy Synthes, Stryker Premium Products Overtake Domestic Competitors in Chinese...

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Transcript of Zimmer Biomet, Depuy Synthes, Stryker Premium Products Overtake Domestic Competitors in Chinese...

Page 1: Zimmer Biomet, Depuy Synthes, Stryker Premium Products Overtake Domestic Competitors in Chinese Orthopedic Small Bone and Joint Device Market

Z IMMER B IOMET PREM IUMPRODUCTS OVERTAKE DOMEST ICCOMPET I TORS I N CH INESEORTHOPED IC SMALL BONE ANDJO INT DEV ICE MARKET

I DATA RESEARCH I NC .

SEPTEMBER 20 1 6

CH INA MARKET REPORT SU I TE FOR SMALL BONE AND JO INT

ORTHOPED IC DEV ICES

Page 2: Zimmer Biomet, Depuy Synthes, Stryker Premium Products Overtake Domestic Competitors in Chinese Orthopedic Small Bone and Joint Device Market

I DATA RESEARCH I NC .

$ 135 MILL ION BY 2022

The Chinese small bone and joint

orthopedic device market is

expected to increase, forecasted

to reach over $135 million by 2022.

Page 3: Zimmer Biomet, Depuy Synthes, Stryker Premium Products Overtake Domestic Competitors in Chinese Orthopedic Small Bone and Joint Device Market

I DATA RESEARCH I NC .

CHINESE COMPANIESSTRENGTH IN PLATES AND

SCREWS , NOT IN FULLJOINT REPLACEMENTS

Zimmer Biomet leads the Chinese market due to their strong balance across

all segments. In particular, their premium Trabecular Metal line of products

secured a lot of their market overall share. Similarly, Depuy Synthes also have

significant market share across the entire Chinese small joint market. The foot

and ankle market was their strongest thanks to their Distraction Osteogenesis

Ring System which is a multifaceted foot and ankle external fixation system.

Page 4: Zimmer Biomet, Depuy Synthes, Stryker Premium Products Overtake Domestic Competitors in Chinese Orthopedic Small Bone and Joint Device Market

I DATA RESEARCH I NC .

CHINESECOMPETITORS

Amongst the multitude of domestic companies, there are

some companies, such as Kanghui and Weigao, which are

larger, more organized and generally considered to be of

higher quality than many other domestic manufacturers.

There are also smaller domestic competitors such as Suzhou

Xinrong Best Medical Instruments Co. and Tianjin Walkman

Biomaterial Co., which are small companies that

manufacture budget products which allow the average

selling price for said products to be low..

Page 5: Zimmer Biomet, Depuy Synthes, Stryker Premium Products Overtake Domestic Competitors in Chinese Orthopedic Small Bone and Joint Device Market

“AS IDE FROM Z IMMER B IOMET ANDSTRYKER , THERE ARE OTHER FORE IGNCOMPET I TORS SUCH AS SM ITH &NEPHEW , ACUMED , ARTHREX ,EXACTECH AND WRIGHT MED ICAL . ”

I DATA RESEARCH I NC .

- - KAMRAN ZAMAN IAN ( I DATA RESEARCH I NC . CEO )

“THESE COMPAN IES OFTEN PROV IDE H IGHER PR ICED DEV ICES AND AS

SUCH , GARNER LESS MARKET SHARE I N THE PR ICE SENS I T I VE CH INESE

MARKET . ”

Page 6: Zimmer Biomet, Depuy Synthes, Stryker Premium Products Overtake Domestic Competitors in Chinese Orthopedic Small Bone and Joint Device Market

V I S I TIDATARESEARCH .COMFOR MORE I N FORMAT ION

I DATA RESEARCH I NC .

SEPTEMBER 20 1 6

CH INA MARKET REPORT SU I TE FOR SMALL BONE AND JO INT

ORTHOPED IC DEV ICES