Drill Guide Systems and Disposables Market Analysis | United States | 2019-2025 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Pages: 319
- Published Date: 6/1/2017
- Type: MedCore
Many arthroscopic procedures are considered as ambulatory surgeries, which are commonly performed in ambulatory surgery centers (ASCs). These outpatient centers are physician-owned and are known to be more efficient than hospitals. Patients are able to leave shortly after their surgery, saving them time and money. However, ASCs often have smaller budgets than hospitals and are therefore more pricesensitive. This has had a limiting effect on the ASP of drill guides, which negatively affected the total market revenue in the United States.
The knee is one of the most susceptible joints to pressure and injury in the human body, as its bending capacity is determined by a complex interaction of rotational and extensional movements. The anterior and posterior cruciate ligaments (ACL/PCL) connect the bones that form the knee and stabilize joint movements to prevent the femur from sliding against the tibia and vice versa. Drill guides are used during the reconstruction of the ACL and PCL. As the name implies, these devices are used for properly aligning the drill bit for the precise creation of tunnels and holes in boney surfaces.
Segments Covered in This Market
- Drill Guide Systems Market
- Drill Guide Disposables Market
Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares
- Product Portfolios
- Related Press Releases from Top Competitors
Arthrex was the leading competitor in the market for drill guide systems and disposables. The company has leveraged the popularity of its reconstruction and tissue repair products to drive sales of drill guide equipment and disposables. Similar to Arthrex, Smith & Nephew has a strategy of closely tying sales of its ACUFEX® drill guide equipment with the companys tissue fixation products, the most recognized of which is the ENDOBUTTON ACL/PCL repair device. The third major competitor in the drill guide system and disposables market in 2016 was ConMed Linvatec. The company launched its Bullseye® anatomic cruciate reconstruction system in 2009. Other companies analyzed include DePuy Mitek and Zimmer Biomet.
About Our In-Depth MedCore Research
Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.
This MedCore is also found in the full report suite titled U.S. Market Report Suite for Arthroscopic Devices – MedSuite
iData’s 9-Step Research MethodologyOur reports follow an in-depth 9-step methodology which focuses on the following research systems:
- Original primary research that consists of the most up-to-date market data
- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.
Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.
Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.
Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.
Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.
Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.
Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.
Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.
Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.