Below are some of the key findings from the shoulder arthroplasty market research report:
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Get a FREE sample now!
Global shoulder arthroplasty industry overview
Arthritis is the most common disease that affects the geriatric population. Osteoporosis, osteoarthritis, bone fractures, and infections are usually prevalent among older adults. With aging, bones and tissues become fragile, cartilages become less resilient, ligaments lose their elasticity, and muscular strength reduces. This hinders the normal functioning of tissues. Arthropathies and fractures in the shoulder joint can severely affect hand movement. Also, sudden falls can lead to multiple fractures. All these factors will lead to the growth of the market over the forecast period.
The growing utilization of robotics in surgeries is one of the key emerging trends in the global shoulder arthroplasty market. Robotics are increasingly being utilized to improve surgical outcomes for patients. The use of robotics in surgeries reduces hospital stays and lowers the rate of complications. It also assists surgeons in performing surgical procedures with more precision, accuracy, flexibility, and control when compared to conventional techniques. Owing to these benefits, robotic surgeries are preferred over traditional laparoscopic surgeries and open surgeries. The rising utilization of robotic surgical techniques in shoulder arthroplasty will lead to the increased usage of advanced shoulder arthroplasty devices. Owing to such factors, the market is expected to grow at a CAGR of over 6% during the forecast period.
Top shoulder arthroplasty companies covered in this market research report
The shoulder arthroplasty market is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this shoulder arthroplasty industry analysis report will help clients identify and design new growth strategies.
The report offers a complete analysis of various companies including:
- DePuy Synthes
- Integra LifeSciences
- Smith & Nephew
- Wright Medical Group
- Zimmer Biomet
Shoulder arthroplasty market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the Americas will account for the highest share of this market throughout the forecast period. This can be attributed to the availability of technologically advanced shoulder arthroplasty devices and the increasing prevalence of osteoarthritis.
Shoulder arthroplasty market segmentation based on end users
- Hospitals
- ASCs
The hospitals segment will account for the highest market share over the forecast period. The influx of patients in hospitals is high in comparison to other healthcare centers since hospitals often purchase medical devices for better surgical outcomes, improved shoulder mobility, and pain relief. Additionally, the report also provides an accurate prediction of the contribution of all the end users segments to the growth of the shoulder arthroplasty market size.
Key highlights of the global shoulder arthroplasty market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the shoulder arthroplasty market during the next five years
- Precise estimation of the global shoulder arthroplasty market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the shoulder arthroplasty industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of shoulder arthroplasty companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch