The report provides a comprehensive analysis of segments in the Shoulder Replacement Market, covering all the major regions and countries. The major regions analyzed in the study are North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The report also includes additional information about other factors such as drivers, restraints and challenges faced by this market along with an overview for each mentioned segment in the study.
Global Shoulder Replacement Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.16% over the forecast period 2022-2028.
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In shoulder replacement surgery, injured shoulder parts are removed or replaced with prosthetic devices. The preferred methods of therapy appear to be either replacing just the humerus bone’s head or both the ball and the socket. With the added benefits of restoring mobility, strength, and operation and supporting the patient in resuming to some degree of physical activity, the primary purpose of shoulder joint replacement is to relieve pain, Advancement in Shoulder Replacement Technology and growing Arthritis Population are the key factors driving the market growth. For instance, the analysis was based on nine trials, comprising 529 complete and 364 partial shoulder replacements, as well as six publications concerning patient-reported outcomes, according to 2021 research by the National Institute for Health and Care Research (NIHR) (of 530 shoulder replacements). Additionally, a 10-year follow-up was given by an Australian national joint registry, which comprised of 1,395 partial shoulder replacements in addition to 7,651 complete, 7,953 reverse, and total replacements. Nine out of ten shoulder replacements endure at least ten years, according to the research. Moreover, increasing investment by key players in the untapped regions propels the market opportunities in the coming years. However, cost of the procedure and post-operative Risks of Surgery impede the growth of the market over the forecast period of2022-2028.
The key regions considered for the global Shoulder Replacement Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is dominating the global market shares owing to high healthcare expenditure and rising disposable income coupled with an increase in life expectancy of the population. However, Asia Pacific is expected to be the fastest growing region due to governmental regulations favorable to the medical device manufacturing companies.
Major market players included in this report are:
- Integra Lifesciences Holdings Corporation
- Arthrex Inc.
- Johnson and Johnson
- Wright Medical Group
- Zimmer Biomet
- DJO Global (Enovis)
- Stryker Corporation
- Smith & Nephew
- Exactech, Inc.
- Acumed LLC
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Anatomical Shoulder Prosthesis
Reverse Shoulder Prosthesis
By Procedure:
Resurfacing Hemiarthroplasty
Reverse Total Shoulder Replacement
Stemmed Hemiarthroplasty
Total Shoulder Replacement
By End User:
Hospitals
Orthopaedic Centres
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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