Product Description
The rate of market growth will be somewhat constrained by the competitive nature of the Indian market. The presence of both large international companies as well as small, local companies has created a price sensitive marketplace. This will result in a decrease in average selling prices. Primary shoulder implants took up the majority of the shoulder implant market, comprising 62.8% of the market.
The hemi shoulder implant market is the second largest segment of the overall shoulder reconstruction market, comprising 20.5%. Traditionally, the shoulder resurfacing implant has been negligible in the nascent Indian market; however, as the market has continued to develop, resurfacing implants have started to show growth due to their cost effectiveness and now maintain 9.5% of the market. Over the next 10 to 15 years there will be a large increase in the number of shoulder revisions but for now the number of procedures is quite low. Reversed shoulder implants represented 7.2% of total revenues in 2015.
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The "Indian Market Report Suite for Small Bone & Joint Orthopedic Devices 2016 - MedSuite" includes analysis on the following companies currently active in this market:DePuy SynthesStrykerZimmer BiometEvolutisOrthofixOthers include: Arthrex, Apothecaries Sundries, Bakshi's Elbow, Exactech, J.S. Medimax, Nebula Surgical, Ortho Care, Sharma Orthopedic, XL-Orthomed and other local manufacturers.*Not all companies are currently active in every segment or sub-report from this suite. For more details contact an iData Research Product Advisor.
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