Shoulder Arthroplasty Revenue to Reach USD 2.32 Billion by 2033 Owing to Rising Number of Shoulder Arthroplasty Surgeries

PRESS RELEASE
Published March 15, 2023

The market for shoulder arthroplasty, which was valued at US$ 1.57 billion in 2023 and is anticipated to reach US$ 2.32 billion by the year 2033, is expected to grow at a CAGR of 4%.

The shoulder arthroplasty is divided into three categories based on the procedure: partial shoulder arthroplasty, complete shoulder arthroplasty, and revision shoulder arthroplasty. From 2023 to 2033, the demand for partial shoulder arthroplasties is anticipated to grow at a CAGR of 5%.

The shoulder glenoid, the other half of the shoulder joint, is kept during shoulder hemiarthroplasty, also known as a partial replacement, while the humerus (arm bone) is replaced with an artificial metal implant. Shoulder hemiarthroplasty is suggested when just the humeral head is damaged in severe, persistent cases of shoulder osteoarthritis.

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How Rising Number of Shoulder Arthroplasty Surgeries Drives the Shoulder Arthroplasty Market ?

The increased incidence of shoulder joint problems is what is driving the demand for shoulder arthroplasty treatments. Patients and orthopaedic doctors alike are favouring reverse shoulder arthroplasty more and more.

The shoulder joint’s ball and socket positions are exchanged or reversed during this surgical operation. The glenoid is replaced by a metal ball, and the humeral head is replaced by a plastic socket.

Due to increased R&D activity in the field of reverse shoulder arthroplasty technologies and economic growth in developing countries, it is estimated that demand for reverse shoulder replacement surgeries will rise throughout the projected period.

Key Players

    • ConMed Corporation
    • DePuy Synthes
    • Integra Lifesciences Corporation
    • Limacorporate S.p.A.
    • Smith & Nephew PLC
    • Wright Medical Group NV
    • Zimmer Biomet Holdings, Inc.

This global Shoulder Arthroplasty industry research analysis includes industry share, size, consumption, cost, revenue, CAGR, production, gross margin, and market influencing factors. This research is a complete numerical examination of a firm that provides data for generating market growth and success strategies.

The study provides industry size, revenue, gross margin, price, and market share estimations, as well as cost structure and decision-making growth rates. It offers a comprehensive analysis of the market, covering data on several factors such as drivers, constraints, opportunities, and threats. This data can assist stakeholders in making informed decisions prior to investing.

Secondary research comprises an in-depth investigation of stock prices, retail transactions, and other relevant facts. Domestic and global politics, new buying patterns, composite economic predictions, technical breakthroughs, and the environmental implications of the Shoulder Arthroplasty sectors are all thoroughly examined.

Furthermore, it contains a specialized segmentation focusing on a number of categories, allowing for a comprehensive examination of any consumer goods. Similarly, the study estimates Shoulder Arthroplasty market share based on existing and predicted market growth.

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This research gives extensive market knowledge with leading profiles in the Shoulder Arthroplasty market. It contains data that has been verified using a limited number of research approaches and primary or secondary sources.

Elements including drivers, share, size, market revenues, potential and problems, important players, domination nations, changing Shoulder Arthroplasty market dynamics, economic instability, and other competitive features are thoroughly recognized by experts SWOT, PESTEL, primary and secondary research procedures, and different analytic procedures are used to develop the consumer study.

The thesis includes a wide range of themes, such as important product offers, industry history, important statistics, risk analysis, marketing and sales strategies, product growth, recent advancements and new product releases, innovation and progress, and a variety of Shoulder Arthroplasty business practices.

Key Segments of Shoulder Arthroplasty Industry Research

    • By Procedure :
      • Partial
      • Total
      • Revision
    • By Device :
      • Resurfacing Implants
      • Trauma Devices
      • Platform Systems
    • By Indication :
      • Arthritis
      • Fracture/Dislocation
      • Rotator Cuff Tear Arthropathy
      • Hill Sachs Defect
    • End User :
      • Hospitals
      • Clinics
      • Outpatient Surgical Centers
    • By Region :
      • North America
      • Latin America
      • Europe
      • East Asia
      • South Asia & Oceania
      • MEA

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Key Points Covered in the Shoulder Arthroplasty Report:

• The Shoulder Arthroplasty market study often examines important trends, risks and incentives, components, industry conditions, and difficulties in the global market.
• The report employed a variety of data and graphs to present a more complete picture of the Shoulder Arthroplasty market.
• The global analysis contained a preliminary assessment of the industry’s size as well as a full review of the sector.
• This research gives a fast snapshot of the current situation of worldwide regions. The Shoulder Arthroplasty report includes top sellers, unions, stores, malls, and enterprises.
• The report also contains comprehensive insights into the market segmentation.

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