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The Top Ten Orthopaedic Device Companies: A new report from ORTHOWORLD



The Top Ten Companies in Orthopaedics: Estimated Market Shares in 2012
 
 
Merger and acquisition activity in 2012 altered the list of the top ten largest orthopaedic device companies, ranked by revenue. NuVasive, with an estimated 1 percent of the orthopaedic market overall, entered the lineup as number ten upon Johnson & Johnson/DePuy’s acquisition of fellow top ten market competitor Synthes. 
 
ORTHOWORLD® observations show that in the slowing orthopaedic market, NuVasive was one of only three top ten companies to achieve double-digit growth in 2012, alongside Arthrex and DePuy Synthes. All three remain poised for continued expansion. 
 
Arthrex launched numerous products in 2013, expanding its TightRope technology offerings and releasing a new comprehensive foot plating system. To accommodate projected growth, the company expects to open a 197,000 square foot manufacturing facility in 3Q13 and create nearly 500 jobs by 2016.
 
DePuy Synthes undertook a variety of global and domestic product launches in 2013, including the GLOBAL UNITE shoulder arthroplasty system and the ATTUNE knee. ORTHOWORLD observations note that the largest orthopaedic device manufacturer plans to accelerate growth in the Asia Pacific region and emerging markets by customizing products, developing simpler and more affordable systems and sourcing R&D locally.
 
NuVasive opened an office in Japan and noted completion of the first eXtreme Lateral Interbody Fusion procedure in key cities throughout that region. The company is forecasting six percent growth in 2013 and an $8 million sales contribution from the Japanese market. 
 
The idea for The Top Ten report arose while assembling this year’s installment of THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT®. While the annual report lends a very broad, high-level view of the industry overall, the Top Tens allow you to dig a little deeper, with a lot of information collected in one spot.
 
ORTHOPAEDIC DEVICE COMPANY PROFILES: THE TOP TEN summarizes product portfolios, mergers and acquisitions, strategic initiatives, product launches, significant regulatory and reimbursement events, 510(k) clearances, legal developments and ORTHOWORLD observations.
 
Leverage the intelligence in these profiles to enhance your business plans, complete competitive analysis, position yourself for acquisition, identify new customers and get smarter about existing customers and the orthopaedic market.
 
To download your copy of THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT, click here. To purchase a copy of ORTHOPAEDIC DEVICE COMPANY PROFILES: THE TOP TEN or individual company profiles, click here.
 
How will you use these Top Tens? What companies would you like to see profiled? Please share your thoughts. 
 
Julie A. Vetalice
ORTHOWORLD Inc.