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
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.