Title: Shoulder Arthroplasty Market to move forward at a double-digit CAGR by 2026
1The Worldwide Shoulder Arthroplasty Market to
rise at 7.6 CAGR through the end of the forecast
period in 2026
- 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, 2018-2026
2Why Allied Market Research?
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- Q1. What is the total market value of Shoulder
Arthroplasty Market report? - Q2. What would be forecast period in the market
report? - Q3. What is the market value of Shoulder
Arthroplasty Market in 2020? - Q4. Which is base year calculated in the Shoulder
Arthroplasty Market report? - Q5. Which are the top companies hold the market
share in Shoulder Arthroplasty Market?
3Overview
- According to a new report published by Allied
Market Research, titled, Shoulder Arthroplasty
Market by Procedure, Device, Indication, and End
User Global Opportunity Analysis and Industry
Forecast, 2017-2023, the global shoulder
arthroplasty market was valued at 1,080 million
in 2016, and is projected to reach 1,814 million
by 2023, growing at a CAGR of 7.6 from 2017 to
2023. The total shoulder arthroplasty (TSA)
segment accounted for about three-fourths of the
share of the global shoulder arthroplasty market
in 2016. - Increase in incidence of arthritis and surge in
in geriatric population drive the growth of the
global shoulder arthroplasty market. In addition,
rise in focus of manufacturers on developing
advanced shoulder fracture repair devices
supplements the market growth.
4Segments
- In terms of revenue, the global surgical robotics
market is segmented on the basis of Procedure,
Device, Indication End User. - By Device - increase in risk of postoperative
injuries associated with shoulder arthroplasties
hampers the market growth. Conversely, surge in
investment by manufacturers to develop shoulder
arthroplasty devices in the emerging economies
and rise in initiatives to increase awareness
towards available treatments for shoulder
injuries are expected to provide profitable
opportunities for market expansion. - By Indication - The arthritis indication segment
accounted for approximately half of the total
market share in 2016, and is anticipated to
continue its dominance throughout the forecast
period. This is attributed to increase in
incidence of various forms of arthritis such as
osteoarthritis, rheumatoid arthritis, and other
inflammatory arthritis.
5Geography
- North America dominated the Shoulder Arthroplasty
Market. The market growth in North America is
primarily a reflection of product innovations and
launches resulting from technological
advancements. The companies mostly adopted
product launch, acquisition, and expansion as
their key strategies to keep pace with the
changing demands of consumers and strengthen
their market position.
6Key Market Players
- The key players operating in the global Shoulder
Arthroplasty Market are - Wright Medical Group, Inc.
- Tornier Inc.,
- Integra LifeSciences Corporation,
- Zimmer Biomet,
- Johnson Johnson (DePuy Synthes),
- Arthrex, Inc.,
- Smith and Nephew Plc,
- Conmed Corporation,
- DJO Global,
- Evolutis,
- Exactech, Inc.
- The other key players in the value chain include
Implantcast GmbH, Lima Corporate, Medacta
International, Kinamed Incorporated, Corin,
Imascap SAS, Catalyst Orthoscience., Biotechni,
Cayenne Medical, and BioTek Instruments, Inc.
7Key Findings of the Shoulder Arthroplasty Market
- An in-depth market analysis includes analysis of
various regions, which is anticipated to provide
a detailed understanding of the current trends to
enable stakeholders formulate region-specific
plans. - A comprehensive analysis of factors that drive
and restrain the growth of the global is
provided. - The projections in this report are made by
analyzing the current trends and future market
potential from 2021 to 2030, in terms of value.
Find out more at the Allied Market Report store
https//www.alliedmarketresearch.com/shoulder-arth
roplasty-market
8 ABOUT ALLIED MARKET RESEARCH
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