List of high growth medtech products

Below is a table with a list of the market segments demonstrating greater than 10% compound annual growth rate for the associated region through 2022, drawn from our reports on tissue engineering & cell therapy, wound management, ablation technologies, stroke, peripheral stents, and sealants/glues/hemostats. Products with over 10% CAGR in sales are shown in descending order of CAGR.

RankProductTopicRegion
1General, gastrointestinal, ob/gyn, othertissue/cellWW
2Ophthalmologytissue/cellWW
3Organ Replacement/ Repairtissue/cellWW
4Urologicaltissue/cellWW
5Neurologicaltissue/cellWW
6Autoimmune Diseasestissue/cellWW
7CV/ Vasculartissue/cellWW
8Bioengineered skin and skin substituteswoundRest of A/P
9Peripheral drug-eluting stents (A/P)peripheral interventionalA/P
10Peripheral drug eluting stentsperipheral interventionalRoW
11Peripheral drug-eluting stents (US)peripheral interventionalUS
12Negative pressure wound therapywoundGermany
13Hydrocolloid dressingswoundRest of A/P
14Cancertissue/cellWW
15Foam dressingswoundRest of A/P
16Growth factorswoundRest of A/P
17Alginate dressingswoundRest of A/P
18Dentaltissue/cellWW
19Bioengineered skin and skin substituteswoundJapan
20Hemostatssealants, glues, hemostatsA/P
21Skin/ Integumentarytissue/cellWW
22Bioengineered skin and skin substitutessealants, glues, hemostatsUS
23Bioengineered skin and skin substitutessealants, glues, hemostatsWW
24Film dressingswoundRest of A/P
25Surgical sealantssealants, glues, hemostatsA/P
26Hydrogel dressingswoundRest of A/P
27TAA Stent graftsperipheral interventionalA/P
28Negative pressure wound therapywoundRoW
29Biological gluessealants, glues, hemostatsA/P
30FoamwoundRoW
31HydrocolloidwoundGermany
32AAA Stent graftsperipheral interventionalA/P
33Cerebral thrombectomy systemsstrokeA/P
34High-strength medical gluessealants, glues, hemostatsA/P
35Carotid artery stenting systemsstrokeA/P
36Cardiac RF ablation productsablationA/P
37Alginate dressingswoundGermany
38Peripheral venous stentsperipheral interventionalA/P
39Cerebral thrombectomy systemsstrokeUS
40Left atrial appendage closure systemsstrokeA/P
41Cyanoacrylate gluessealants, glues, hemostatsA/P
42Foam dressingswoundRest of EU
43Foam dressingswoundKorea
44Cryoablation cardiac & vascular productsablationA/P
45Bioengineered skin and skin substituteswoundGermany
46Thrombin, collagen & gelatin-based sealantssealants, glues, hemostatsA/P
47Cardiac RF ablation productsablationRoW
48Bioengineered skin and skin substituteswoundRoW
49Microwave oncologic ablation productsablationA/P

Note source links: Tissue/Cell, Wound, Sealants/Glues/Hemostats, Peripheral Stents, Stroke, Ablation.

Source: MedMarket Diligence Reports

Peripheral Vascular Stents

The market for stents used in peripheral vascular indications — inclusive of stent grafts, and arterial and venous stents — is growing at an aggregate 6.2% CAGR from 2016 to 2020, which belies much stronger growth in specific subsets, especially in emerging markets like Asia/Pacific.

The aggregate compound growth rates for peripheral stent markets in each global region is shown below, with growth rates weighted by individual segment sales:

U.S.:  9.5%
Western Europe: 5%
Asia/Pacific: 21.3%
Rest of World: 13.9%

Peripheral stent products include the following, each of which is growing in sales at varying rates above and below the aggregregate regional sales growth:

Peripheral Arterial Stenting

– Bare Metal Stent Devices

– Drug Eluting Stent Devices

Aortic Aneurysm Repair

– Abdominal AA Stent-Grafts

– Thoracic AA Stent-Grafts

Peripheral Venous Stents

 

Worldwide Peripheral Stent Market by Product Category, 2015 and 2020

Screen Shot 2016-08-08 at 12.49.53 PM

Source: MedMarket Diligence, LLC; Report #V201.

Transcath and surgical cardio volumes trending

VasculatureInterventional devices, offering MIS advantages, have preempted surgical caseload, and have expanded the treatable patient population. Multiple competitive alternatives are effective for high volume procedures for treatment of coronary artery, peripheral artery and other cardiovascular pathologies.

Clinicians have changing demands, sometimes very much in alignment with what manufacturers see as needs (it is good to point out their need before they see it).

Older populations are good for medtech — let’s be honest. (Yes, the “aging demographic” argument has been made again, but it is particularly true for interventional procedures, which are used disproportionately in older populations in accordance with age-based incidence rates in cardiovascular disorders.)

Cardio device manufacturers both lead and follow the market. Technologies that lower invasiveness, reduce complications, reduce repeats, increase outcomes, lower costs, and provide other benefits drive new procedure volume. When new technologies are progressively introduced, they have variable impacts on procedure volume, either displacing caseload or tapping new. The timing and relative impact of new technology emerging can cause abrupt shifts in caseload, procedures — and revenue.

Here are the top procedures for surgical and interventional cardiology:

  • Coronary artery bypass grafting
  • Coronary angioplasty and stenting coronary/mechanical and laser atherectomy
  • Ventricular assist device placement
  • Total artificial heart implantation
  • Donor heart transplantation
  • Lower extremity arterial bypass surgery
  • Percutaneous transluminal angioplasty (PTA) and bare metal stenting
  • PTA and drug-eluting stenting
  • PTA with coated balloons
  • Mechanical and laser atherectomy
  • Catheter-directed thrombolysis and thrombectomy
  • Aortic aneurysm repair
  • Vena cava filter placement
  • Endovenous ablation
  • Mechanical venous thrombectomy
  • Venous angioplasty and stenting
  • Carotid endarterectomy
  • Carotid artery stenting
  • Cerebral thrombectomy
  • Cerebral aneurysm and AVM surgical clipping
  • Cerebral aneurysm and AVM coiling & flow diversion
  • Congenital heart defect repair
  • Heart valve repair and replacement surgery
  • Transcatheter valve repair and replacement
  • Pacemaker implantation
  • Implantable cardioverter defibrillator placement
  • Cardiac resynchronization therapy device placement
  • Standard SVT ablation
  • Surgical AFib ablation
  • Transcatheter AFib ablation

These procedures are the subject of the August 2016 report, “Global Dynamics of Surgical and Interventional Cardiovascular Procedures, 2015-2022” (report #C500).