February 9, 2010 (MMD Newswire) — The Infoshop by Global Information would like to present a market research report, “Global Competitor Insights for Spinal Implants 2009” by Millennium Research Group.
DePuy Spine, Medtronic Spinal and Biologics, Stryker Spine, Synthes Spine, and Zimmer Spine remain the leading market competitors, who collectively owned nearly 78% of the global market in 2008, remain the overwhelming leaders in the market. Nevertheless, competition from smaller companies is intensifying. More entrants with improved devices as well as new technologies enter the spinal nonfusion market.
“Some of the soon-to-be-released artificial discs, such as Spinal Motion’s Kineflex and Kineflex-C as well as Cervitech/NuVasive’s PCM, possess innovative features that improve upon devices currently on the market,” says Kevin Flewwelling, Manager of the Orthopedics division at MRG. “If a new device from a smaller competitor enters the market and is well-received by surgeons, it could result in very interesting competitive dynamics, possibly leading to a flurry of merger and acquisition activity.”
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