From 2016 to 2017, the most recent years reported, the big companies experienced a shift in market share, but ultimately Johnson & Johnson retained the top spot with Zimmer Biomet not far behind.
Here is the breakdown of the percent market share increased or decreased from 2016 to 2017:
1. Johnson & Johnson: 13 percent decrease to 21.8 percent market share
2. Zimmer Biomet: 9 percent decrease to 18.8 percent market share
3. Stryker: 11.8 percent increase to 18 percent market share
4. Medtronic: 1.27 percent increase to 8 percent market share
5. Smith & Nephew: 5.26 percent decrease to 5.4 percent market share
6. Arthrex: 50 percent increase to 3 percent market share
7. Wright Medical Group: 50 percent increase to 3 percent market share
8. NuVasive: 8 percent decrease to 2.3 percent market share
9. Globus Medical: 43.75 percent increase to 2.3 percent market share
10. Orthofix: 8.33 percent increase to 1.3 percent market share
More articles on orthopedic devices:
Orthofix acquires Options Medical: 3 things to know
Zimmer Biomet’s 2019 strategy—Robotics for high volume surgeons, Apple & more: 8 key quotes
Stryker, Zimmer Biomet, Medtronic & more: 12 device company notes
