Increase In Incidence Of Arthritis Disorders Is Set To Drive Global Shoulder Arthroplasty Market

Shoulder arthroplasty is also known as shoulder replacement. It is a surgical procedure, generally performed to treat the comfort and function to arthritic-shoulder. It replaces the prosthetic-implant totally or part of the glenohumeral-joint. Shoulder arthroplasty aids to treat the subscapularis which are important part of shoulder that provides proper fixation of glenoid-cavity to prevent the loosening of shoulder. Key factors responsible for growth of the shoulder arthroplasty market are increasing cases of arthritis due to a sedentary lifestyle and rising life expectancy of the population. Additionally, rising awareness regarding the availability of low-cost treatments related to shoulder injuries is significantly stimulating market growth.

As per analysis, Global Shoulder Arthroplasty Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027. Some of the key companies operating in the global shoulder arthroplasty industry include Wright Medical Group, Integra LifeSciences, DePuy Synthes, Lima Corporate, Smith & Nephew, Conmed Corporation, Zimmer Biomet and among others. Well-organized players operating in the shoulder arthroplasty market have adopted a wide variety of product launch as one of their key developmental strategies, including business expansion, product development, and company acquisition, among others.

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In terms of type, shoulder arthroplasty market can be bifurcated to partial shoulder-arthroplasty, total shoulder-arthroplasty and revision shoulder-arthroplasty. Reverse shoulder arthroplasty segment dominates the global market owing to preserving deltoid muscle and successful surgery. In addition, based on applications, market can be segmented as clinics, hospitals and ASCs. Hospitals segment is expected to exhibit considerable growth rate caused by advanced facilities provided by the hospital infrastructure during the forecast period. Rising demand for efficient & effective surgery with shorter recovery-time coupled with reduced hospital stay are key drivers for the growth of this segment. Additionally, growth in availability of advanced technologies and rise in demand for surgical procedure are also contributing to the growth of this segment.

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Growth in geriatric population, followed by increase in incidence of arthritis, growth in sports-related injuries and significant adoption of reverse shoulder arthroplasty by surgeons are some major factors, which are responsible for growth of the shoulder arthroplasty market. Apart from this, high risk of postoperative injuries associated with shoulder arthroplasties may impact the market. Moreover, surge in initiatives to increase awareness towards available treatments for shoulder injuries and increase in investment by manufacturers to develop the shoulder arthroplasty devices in the emerging economies are leading opportunities for market. Furthermore, growth in utilization of robotics in surgeries is a key trend for global market.

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Based on regional analysis, the North-America is a leading region in global shoulder arthroplasty market owing to growth in implant products and development in various orthopedic surgical devices across the region. The Asia-Pacific and Europe regions are anticipated to witness higher growth rate due to increase in healthcare expenditure and growth in geriatric population over the forecast period. It is predicted that future of the global shoulder arthroplasty market will be bright as a result of increase in incidence of arthritis disorders such as osteoarthritis, rheumatoid arthritis during the forecast period.

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