Global Shoulder Replacement Market: Size, Trends & Forecasts (2018-2022)
Scope of the Report
The report titled “Global Shoulder Replacement Market: Size, Trends & Forecasts (2018-2022)”, provides an in-depth analysis of the global shoulder replacement market by value, by procedural volume, by region, by segment, etc. The report also provides regional analysis of market by value, by procedural volume, by segments for regions like the US, Europe (France, Germany, Italy, Spain, UK), Rest of the World, etc.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global shoulder replacement market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The shoulder replacement market is dominated by few players, but there are other new players, private label players as well. However, the competition in the global shoulder replacement market is dominated by Johnson & Johnson, Wright Medical Group N.V., Zimmer Biomet Holdings, Inc. and DJO Global, Inc. (DJO Surgical), who are also profiled with their financial information and respective business strategies.
Europe (France, Germany, Italy, Spain, UK)
Rest of the World
Johnson & Johnson
Wright Medical Group N.V.
Zimmer Biomet Holdings, Inc.
DJO Global, Inc. (DJO Surgical)
Orthopedic surgery is the field of medicine and surgery concerned with conditions involving the musculoskeletal system. Orthopedic surgery is used to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.
Shoulder replacement is a type of orthopedic surgery conducted to fix shoulder arthritis or to fix severe physical joint damage or to treat several conditions that lead to pain and disability in shoulder. Shoulder replacement is a surgical procedure in which the damaged parts of the glenohumeral joint are replaced with artificial components, called a prosthetic implant. The treatment options are either replacement of just the head of the humerus bone or replacement of both the humerus bone and the glenoid.
There are several conditions that lead people to consider shoulder replacement surgery, like, osteoarthritis, rheumatoid arthritis, avascular necrosis, severe fractures and dislocations, hill sachs defect etc. The shoulder replacement surgery gives relief from the pain and discomfort, yet, involves various complications like, infection, prosthesis problems, blood vessel or nerve injury, fracture etc.
The shoulder replacement market can be segmented on the basis of procedure and devices. There are three major types of shoulder replacement procedures: Partial shoulder Replacement, Standard Shoulder Replacement and Reverse Shoulder Replacement. The shoulder replacement market is segmented on the basis of three major devices: Resurfacing Implants, Trauma Devices and Platform Systems.
The global shoulder replacement market has increased at a significant CAGR over the years and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The shoulder replacement market is expected to increase due to growing demand from increasing urban population, growing healthcare expenditure, increasing obesity etc. Yet the market faces some challenges such as high cost, regulatory risk, etc.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook