Press release
Shoulder Arthroplasty Market Estimated to Exceed US$ 2.28 Billion Globally By 2027 | CAGR of 6.20%
Shoulder Arthroplasty Market
Shoulder arthroplasty is a surgical procedure that assists in the treatment of severe pain and stiffness caused by various forms of arthritis or degenerative joint disease of the shoulder joint. It is performed after a thorough evaluation of patients using x-rays, blood tests, bone scans, physical examinations, computed tomography (CT) scans, and magnetic resonance imaging (MRI) scans. It aids in relieving pain, improving joint function, and enhancing the quality of life for individuals suffering from shoulder conditions, such as osteoarthritis, rheumatoid arthritis, rotator cuff tear arthropathy, and fractures. It is gaining traction across the globe as it assists in restoring motion, function, power, and respite from discomfort.
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Market Trends:
The increasing prevalence of arthritis-associated disorders, including osteoarthritis and rheumatoid arthritis, among individuals, is driving the global market. Along with this, growing awareness about the benefits of shoulder arthroplasty and increased access to healthcare services are contributing to the market. Furthermore, numerous major companies are focusing on extensive research and development (R&D) activities to develop improved prosthetics and surgical techniques, providing an impetus to the market. Besides, the increasing participation of individuals in professional sports is creating a positive market outlook. Other factors, such as growing demand for minimally invasive procedures and increasing healthcare expenditure, are projected to propel the market further.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• Arthrex Inc.
• BioTek Instruments Inc. (Agilent Technologies Inc.)
• Conmed Corporation
• DJO Global (Colfax Corporation)
• Exactech Inc.
• Implantcast GmbH
• Integra LifeSciences Corporation
• Johnson & Johnson
• Kinamed Incorporated
• Limacorporate S.p.A.
• Medacta Group
• Smith and Nephew Plc
• Stryker Corporation
• Zimmer Biomet
Shoulder Arthroplasty Market Segmentation:
Our report has categorized the market based on region, device, procedure, indication and end user.
Breakup by Device:
• Shoulder Arthroplasty Resurfacing Implants
• Shoulder Arthroplasty Trauma Devices
• Shoulder Arthroplasty Platform Systems
Breakup by Procedure:
• Partial Shoulder Arthroplasty
• Total Shoulder Arthroplasty
• Revision Shoulder Arthroplasty
Breakup by Indication:
• Arthritis
• Fracture/Dislocation
• Rotator Cuff Tear Arthropathy
• Hill Sachs Defect
• Others
Breakup by End User:
• Hospitals
• Orthopedic Centers
• Ambulatory Surgical Centers
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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