Global Shoulder Arthroplasty (Reverse Total Shoulder Arthroplasty, Total Shoulder Arthroplasty, Revision Shoulder Arthroplasty, Shoulder Resurfacing, Hemiarthroplasty) Market Research Report forecast 2019-2023
Summary - A new market study, titled “Global Shoulder
Arthroplasty (Reverse Total Shoulder Arthroplasty, Total Shoulder Arthroplasty,
Revision Shoulder Arthroplasty, Shoulder Resurfacing, Hemiarthroplasty) Market
Report: Insights, Trends and Forecast (2019-2023)” has been featured on Wise
Guy Reports.
The global shoulder
arthroplasty market is expected to reach US$2.40 billion in 2023, recording a
CAGR of 7.31% in the duration spanning 2019-2023. The factors such as an
upsurge in ageing population, growing healthcare expenditure, longer life
expectancy, rising prevalence of arthritis and increasing global diabetic
population are expected to drive the global shoulder arthroplasty market.
However, growth of the industry will be challenged by regulatory risk,
insufficient medical reimbursement and coverage and scarcity of skilled and
trained healthcare workers.
A few notable trends include development of shoulder
extremities products, rise in computer-aided orthopedic surgeries, rising
acceptance of stemless shoulder implants and increasing demand for (RTSA)
Reverse Total Shoulder Arthroplasty.
The global shoulder arthroplasty market comprises of five
segments - total shoulder arthroplasty, reverse total shoulder arthroplasty,
revision shoulder arthroplasty, hemiarthroplasty and shoulder resurfacing. The
global market is highly concentrated with total shoulder arthroplasty and
reverse total shoulder arthroplasty. Rise in rotator cuff tear arthropathy is
significantly contributing to the increase in demand for reverse total shoulder
arthroplasty (RTSA). However, market for the remaining procedural types are
gradually emerging, contributing to the overall shoulder arthroplasty market
across the globe.
The fastest growing regional market is the U.S. due to the
development in various orthopedic surgical devices and implant products. A
number of new biotech companies are entering into the market to drive
profitable growth. Moreover, Europe, is also contributing considerably to the
global market growth, majorly in Germany and France. The U.S. and Europe are
the highly recognized markets, with the major concentration of total shoulder
arthroplasty (TSA) and reverse total shoulder arthroplasty (RTSA).
Scope of the report:
• The report provides a comprehensive analysis of the global
shoulder arthroplasty market, segmented into total shoulder arthroplasty,
reverse total shoulder arthroplasty, revision shoulder arthroplasty,
hemiarthroplasty and shoulder resurfacing sub-segments.
• The major regional market (the U.S and Europe) has been
analyzed, along with country coverage the U.S., Germany, France, Italy, UK and
Spain.
• The market dynamics such as growth drivers, market trends
and challenges are analyzed in-depth.
• The competitive landscape of the market, along with the
company profiles of leading players (Johnson and Johnson, Stryker Corporation,
Zimmer Biomet, Smith and Nephew, Integra Lifesciences and Wright Medical Group)
are also presented in detail.
Key Target Audience:
• Shoulder Replacement Device Manufacturers
• Raw Material/Component Suppliers
• End Users (Hospital, Medical centers, Clinical Institutes)
• Healthcare Consulting Firms
• Investment Banks
• Government Bodies & Regulating Authorities
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/4313496-global-shoulder-arthroplasty-reverse-total-shoulder-arthroplasty-total
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