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Orthopaedics: Market Prospects & Global Competition

logics return to favour

M&A activity in the spine and orthobiologics sectors was subdued in 2009/10, but has returned with vigour in the first half of 2011. Facet Solutions, Applied Spine Technologies and Impliant were all snapped up for undisclosed sums between January and May, and activity culminated with an US$89 buy out of SeaSpine by Integra LifeSciences in May. This deal was, of course, dwarfed by Stryker's US$318 million investment in Orthovita in May 2011, which has to date been the year's major orthobiologics acquisition.

Joining the US$1 billion club?

Seven companies reported orthopaedic revenues exceeding US$1 billion in 2010. Together, these seven (Stryker, DePuy, Zimmer, Smith & Nephew, Biomet, Synthes and Medtronic) accounted for over 80% of the overall orthopaedic market. All but two have broad orthopaedic portfolios, the exceptions being Synthes and Medtronic who feature as orthopaedic market leaders by virtue of their dominance in their own specific niches, namely trauma and spinal. New future members are most likely to be DJO and Hanger Orthopaedic the specialists in rehabilitation and bracing services who are both fast approaching the US$1 billion revenue mark.

Orthopaedics: Market Prospects & Global Competition

List of companies in this report

aap Implantate

Alphatec Spine


Anika Therapeutics


Ascension Orthopedics


BioMimetic Therapeutics


Cardo Medical





Disc Motion Technologies

DJO Global


Globus Medical

Hanger Orthopedic


Integra LifeSciences


KFx Medical

Kuros Biosurgery

LDR Holdings

Life Spine

Mako Surgical

Mazor Robotics




Orthofix International


SOURCE Reportlinker
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