Shoulder Arthroplasty Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

Friday, November 3, 2017 Research News
Email Print This Page Comment bookmark
Font : A-A+

LONDON, Nov. 2, 2017 /PRNewswire/ --

Shoulder Arthroplasty Market by Procedure (Partial Shoulder Arthroplasty, Total

Shoulder Arthroplasty, and Revision Shoulder Arthroplasty), Device (Shoulder Arthroplasty Resurfacing Implants, Shoulder Arthroplasty Trauma Devices, and Shoulder Arthroplasty Platform Systems), Indication (Arthritis, Fracture/Dislocation, Rotator Cuff
Tear Arthropathy, Hill Sachs Defect, and Other), and End User (Hospitals & Clinics, and Outpatient Surgical Centers) - Global Opportunity Analysis and Industry Forecast, 2017-2023Download the full report: https://www.reportbuyer.com/product/5139386Shoulder arthroplasty or shoulder replacement is a surgical procedure, which assists in the replacement of damaged ball and socket joint located in the shoulder. This is done using a prosthesis, usually consists of polythene and metal components. Shoulder arthroplasty has become a preferred modality of surgeons for the treatment of osteoarthritis, rheumatoid arthritis, and osteonecrosis, as these procedures have yielded significant and reproducible results. Large-scale adoption of total shoulder arthroplasty procedures for the treatment of people suffering from arthritis has highly contributed to the market growth.Increase in prevalence of shoulder arthritis and rise in geriatric population worldwide drive the growth of the global shoulder arthroplasty market. In addition, rise in awareness towards shoulder arthroplasties and advancements in the surgical techniques supplement the market growth. However, increase in risk of postoperative complications, such as neurologic injury and hematoma, hampers the market growth. Conversely, rise in investments by the key players to manufacture shoulder arthroplasty devices in the developing economies is expected to offer lucrative opportunities for the market growth. The global shoulder arthroplasty market was valued at $1,080 million in 2016, and is expected to reach $1,814 million by 2023, registering a CAGR of 7.6% from 2017 to 2023.The shoulder arthroplasty market is segmented based on procedure, device, indication, end user, and region. On the basis of procedure, the market is divided into partial shoulder arthroplasty, total shoulder arthroplasty, and revision shoulder arthroplasty. By device, it is categorized into shoulder arthroplasty resurfacing implants, shoulder arthroplasty trauma devices, and shoulder arthroplasty platform systems. Depending on indication, it is classified into arthritis, fracture/dislocation, rotator cuff tear arthropathy, Hill Sachs defect, and other. As per end user, it is fragmented into hospitals & clinics and outpatient surgical centers. Regionally, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.The total shoulder arthroplasty (TSA) segment accounted for the highest share in the global shoulder arthroplasty market in 2016, and is anticipated to register a highest CAGR of 9.2% from 2017 to 2023. This is attributed to increase in adoption of total reverse shoulder arthroplasty.In addition, shoulder arthroplasties are majorly performed in hospitals and clinics, and thus this segment generated the highest revenue. In the recent years, Asia-Pacific witnessed rapid growth in the shoulder arthroplasties market, owing to steady increase in the population suffering from various forms of arthritis. Moreover, increase in investments by the key players of Japan and India to develop shoulder arthroplasty devices is projected to offer lucrative opportunities for the expansion of the market.KEY BENEFITS FOR STAKEHOLDERSThe study provides an in-depth analysis of the global shoulder arthroplasty market with the current trends and future estimations to elucidate the imminent investment pockets.Comprehensive analysis of the factors that drive and restrict the market growth is provided.Comprehensive quantitative analysis of the industry is provided from 2016 to 2023 to assist stakeholders to capitalize on the prevailing market opportunities.Extensive analysis of the key segments of the industry helps to understand the trends in shoulder arthroplasty devices and procedures performed globally.Key players and their strategies are provided to understand the competitive outlook of the industry.KEY MARKET SEGMENTSBy ProcedurePartial Shoulder ArthroplastyPartial ResurfacingHemi ResurfacingPartial-mid HeadStemmed HemiTotal Shoulder ArthroplastyTotal ResurfacingTotal-mid HeadTotal ConventionalTotal ReverseRevision Shoulder ArthroplastyBy DeviceShoulder Arthroplasty Resurfacing ImplantsShoulder Arthroplasty Trauma DevicesShoulder Arthroplasty Platform SystemsBy IndicationArthritisOsteoarthritisRheumatoid ArthritisOther Inflammatory ArthritisFracture/DislocationRotator Cuff Tear ArthropathyHill Sachs DefectOtherBy End UserHospitals & ClinicsOutpatient Surgical CentersBy RegionNorth AmericaU.S.CanadaMexicoEuropeUKFranceGermanyItalySpainRest of EuropeAsia-PacificJapanChinaIndiaAustraliaSouth KoreaRest of Asia-PacificLAMEABrazilSouth AfricaTurkeySaudi ArabiaRest of LAMEAKEY MARKET PLAYERSWright Medical Group, Inc. /Tornier Inc.Integra LifeSciences CorporationZimmer BiometJohnson & Johnson (DePuy Synthes)Arthrex, Inc.Smith and Nephew Plc.Conmed CorporationDJO GlobalEvolutisExactech, Inc.The other players in the value chain include (profiles not included in the report)Implantcast GmbHLima CorporateMedacta InternationalKinamed IncorporatedCorinImascap SASCatalyst OrthoscienceBiotechniCayenne MedicalBioTek Instruments, Inc.Download the full report: https://www.reportbuyer.com/product/5139386 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers https://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com

 

View original content:http://www.prnewswire.com/news-releases/shoulder-arthroplasty-market---global-opportunity-analysis-and-industry-forecast-2017-2023-300549042.html

SOURCE ReportBuyer



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store