Market outlook of the global reverse shoulder arthroplasty market
Technavio’s market research analyst predicts the global reverse shoulder arthroplasty market to grow rapidly at a CAGR of more than 12% by 2020. The ability of reverse shoulder arthroplasty techniques to help in the better segregation of human cells onto the bone is a critical factor that incites growth in this market during the forecast period.
The augmented use of convertible shoulder replacement implants is the key driver for the growth of this market. Due to the high popularity of reverse shoulder arthroplasty techniques, many vendors are now focusing on the development of reverse shoulder arthroplasty implants. Since these implants help to facilitate hand movement after surgery, their augmented adoption by patients will result in market growth during the predicted period.
Reverse shoulder arthroplasty market forecast by geography
The Americas currently accounted for more than 64% of the total market share and is expected to grow at a CAGR of approximately 12% by 2020. The introduction of stringent healthcare reforms in the US region, which compels hospitals to buy high-quality products and provide proper treatment to patients, is anticipated to bolster market growth during the forecast period.
Reverse shoulder arthroplasty market opportunity analysis for key vendors
This market is extremely consolidated and is primarily dominated by vendors like DePuy Synthes and Wright Medical Technology. Since this market offers tremendous growth opportunities, the level of competition among providers is anticipated to increase with time. Consequently, the large vendors in this market have to form alliances with smaller players as it will help them to boost their revenue generating capacity.
The key vendors in the reverse shoulder arthroplasty market
- DePuy Synthes
- Exactech
- Wright Medical Technology
- Zimmer-Biomet
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global reverse shoulder arthroplasty market?
- What are the key market trends impacting the growth of the reverse shoulder arthroplasty market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global reverse shoulder arthroplasty market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the reverse shoulder arthroplasty market?
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