Shoulder Arthroplasty Market Share, Growth, Analysis, Forecast 2024-32

Shoulder Arthroplasty Industry

Summary:

• The global shoulder arthroplasty market size reached USD 1.8 Billion in 2023.
• The market is expected to reach USD 2.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
• North America leads the market, accounting for the largest shoulder arthroplasty market share.
• Based on the device, the market has been divided into shoulder arthroplasty resurfacing implants, trauma devices, and platform systems.
• Revision shoulder arthroplasty represents the leading procedure segment, as it is a process performed in case of complications or failures of the previous intervention.
• Based on the indication, the market has been divided into arthritis, fracture/dislocation, rotator cuff tear arthropathy, hill sachs defect, and others.
• Hospitals account for the majority of the market share in the end user segment due to their broader framework, and medical facilities.
• The market is driven by the rising prevalence of shoulder joint disorders, particularly among the aging population, who often require replacement surgeries to restore function.
• Technological advancements in surgical techniques, implant materials, and the growing awareness of shoulder arthroplasty options, supported by improvements in healthcare infrastructure, are fueling market growth.

Request to Get the Sample Report: https://www.imarcgroup.com/shoulder-arthroplasty-market/requestsample

Industry Trends and Drivers:

• Increasing Prevalence of Shoulder Joint Disorders:

The rising incidence of shoulder joint disorders, particularly among the aging population, is a key factor driving the shoulder arthroplasty market size. Conditions such as osteoarthritis, rheumatoid arthritis, and rotator cuff tears contribute to the growing need for shoulder replacement surgeries. As people age, the cartilage in the shoulder joint naturally deteriorates, leading to pain and reduced mobility. This, in turn, leads to an increase in the number of patients opting for shoulder arthroplasty procedures to restore function and alleviate discomfort. The increasing awareness of treatment options and the effectiveness of shoulder arthroplasty in improving quality of life further fuels the market demand.

• Technological Advancements in Surgical Techniques and Implants:

Advancements in surgical techniques and implant technologies are significantly contributing to the growth of the shoulder arthroplasty market trends. Innovations such as minimally invasive surgical methods, robotic-assisted surgeries, and the development of more durable and personalized implants are making shoulder arthroplasty procedures more efficient and effective. The use of 3D printing in implant manufacturing and the introduction of reverse shoulder prostheses have improved surgical outcomes, even in complex cases. These innovations not only enhance the precision and success rates of surgeries but also reduce recovery times, leading to higher adoption rates among both surgeons and patients.

• Rising Awareness and Improved Healthcare Infrastructure:

Rising awareness about shoulder joint diseases and their treatment options, along with improvements in healthcare infrastructure, is driving the growth of the market. As people become more aware of the availability of surgical options for shoulder conditions, there is an increased willingness to undergo shoulder arthroplasty. Additionally, the development of healthcare infrastructure, particularly in emerging markets, has improved access to specialized orthopedic services, increasing the adoption of shoulder replacement surgeries. Improved medical facilities and advanced rehabilitation programs also contribute to positive post-surgery outcomes, encouraging more individuals to seek treatment.

Explore Full Report with Table of Contents: https://www.imarcgroup.com/shoulder-arthroplasty-market

Shoulder Arthroplasty Market Report Segmentation:

Breakup By Device:

• Shoulder Arthroplasty Resurfacing Implants
• Shoulder Arthroplasty Trauma Devices
• Shoulder Arthroplasty Platform Systems

Based on the device, the market has been divided into shoulder arthroplasty resurfacing implants, trauma devices, and platform systems.

Breakup By Procedure:

• Partial Shoulder Arthroplasty
• Total Shoulder Arthroplasty
• Revision Shoulder Arthroplasty

Revision shoulder arthroplasty accounts for the majority of shares due to the increasing number of patients requiring corrective surgeries after initial shoulder replacements.

Breakup By Indication:

• Arthritis
• Fracture/Dislocation
• Rotator Cuff Tear Arthropathy
• Hill Sachs Defect
• Others

Based on the indication, the market has been divided into arthritis, fracture/dislocation, rotator cuff tear arthropathy, hill sachs defect, and others.

Breakup By End User:

• Hospitals
• Orthopedic Centers
• Ambulatory Surgical Centers
• Others

Hospitals account for the majority of shares due to their advanced infrastructure, specialized medical teams, and higher patient volumes requiring shoulder arthroplasty procedures.

Breakup By Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

North America holds the leading position owing to high healthcare expenditure and ongoing technological advancements in orthopedic surgeries.

Top Shoulder Arthroplasty Market Leaders: The shoulder arthroplasty market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Arthrex Inc.
• BioTek Instruments Inc. (Agilent Technologies Inc.)
• Conmed Corporation
• DJO Global (Colfax Corporation)
• Exactech Inc.
• Implantcast GmbH
• Integra LifeSciences Corporation
• Johnson & Johnson
• Kinamed Incorporated
• Limacorporate S.p.A.
• Medacta Group
• Smith and Nephew Plc
• Stryker Corporation
• Zimmer Biomet

Key highlights of the report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

About Us:

IMARC Group is globally recognized as a leader in market research, specializing in offering strategic management solutions and extensive market analyses across diverse industries. We collaborate with clients worldwide, focusing on identifying the most lucrative opportunities, addressing critical business challenges, and guiding significant business transformations.

Our detailed reports cover significant market, scientific, economic, and technological developments, serving business leaders in pharmaceutical, industrial, and high technology sectors. With a deep expertise in providing industry forecasts and analyses for sectors including biotechnology, advanced materials, pharmaceuticals, and food and beverage, we equip leaders with the knowledge to navigate complex markets and stay ahead of technological trends.

Contact US:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145