Global Shoulder Replacement Market Application Analysis 2023

Shoulder replacement surgery is a common procedure performed to alleviate pain and restore function in patients with damaged or diseased shoulder joints. The market for shoulder replacement products and services is growing rapidly, as advances in surgical techniques and the development of new materials have made the procedure more effective and less invasive. This market research study examines the trends and forecasts for the shoulder replacement market, including the key drivers and challenges facing the industry. The study also explores the impact of key factors such as the aging population, technological innovation, and consumer preferences on the market. Overall, this study provides a comprehensive analysis of the current state of the shoulder replacement market and offers insights into its future growth potential.

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The shoulder replacement market is expected to witness robust growth and is anticipated to grow across important regional markets in the coming years. Persistence Market Research has captured the rhythm of the global shoulder replacement market and has represented it in an insights format in a new research publication titled “Shoulder Replacement Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” This research study focuses on the impact of drivers, challenges, restraints, trends and opportunities on the global shoulder replacement market during the period 2017 to 2025. A detailed segmentation is covered in the report, which helps in estimating the value and volume projections during the period 2017 to 2025.

Companies

  • DePuy Synthes
  • DJO Surgical
  • Integra LifeSciences
  • Smith & Nephew
  • Stryker Corporation
  • Zimmer Biomet
  • Arthrex Inc
  • Lima Corporate
  • Wright Medical Group
  • Exactech and Tornier, Inc.
  • Braun Melsungen AG

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Global Shoulder Replacement Market: Factors Impacting Growth During 2017 to 2025

The main factors boosting the growth of the global shoulder replacement market are – the rising number of surgeries, the technological advancements, increasing disposable income, increasing focus on cost efficiency, transparency of data, increased strategic alliances to initiate knowledge sharing, and the rising life expectancy of the population. However, the market is not devoid of hurdles. Delayed tendering and reimbursement streamlining, poor operational environment, higher cost concerns, and increasing import duties on healthcare products could pose a threat to the growth of the global shoulder replacement market in the coming years.

Global Shoulder Replacement Market: Segmental Analysis

The global shoulder replacement market is segmented on the basis of implant type, end user and region. With respect to implant type, it is further segmented into anatomical shoulder prosthesis and reverse shoulder prosthesis. By end user, the market is segmented into hospitals, ambulatory surgical centers and orthopedic clinics. By region, the global shoulder replacement market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and Middle East and Africa (MEA).

  • The anatomical shoulder prosthesis segment is expected to dominate the global shoulder replacement market by implant type, and is anticipated to register a CAGR of 8.1% during the period of forecast; the segment will show dominance by reaching a market value of about US$ 2 Bn
  • By region, North America is expected to dominate the global shoulder replacement market by registering high growth throughout the period of forecast as compared to other regions. Following North America, Asia Pacific also shows higher potential and is set to witness a CAGR of 7.4% during the forecast period
  • The hospitals segment is expected to dominate the global shoulder replacement market by end user to reflect a market value of more than US$ 1.6 Bn by the end of 2025 and is poised to grow at the highest growth rate during the forecast period. Following this segment, the ambulatory surgical centers segment also shows higher growth rate and is poised to register a CAGR of 7.8% during the forecast period

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Key Questions Answered in This Report.

  • What are the Roadblocks for Shoulder Replacement Market Suppliers?
  • What are the Key Opportunities for Shoulder Replacement Market Manufacturers?
  • How is Focus on Safety Influencing Shoulder Replacement Market Demand?
  • What is the Regulatory Impact on Global Sales of Shoulder Replacement Market?
  • Which Region Offers the Largest Opportunity for Sales of Shoulder Replacement Market?
  • Where Does the U.S. Stand in the Market for Shoulder Replacement Market?
  • What Is the Outlook for Shoulder Replacement Market Manufacturers in China?
  • Why is Germany a Lucrative Market for Shoulder Replacement Market Manufacturers?
  • Why Will Belgium Outpace Other European Markets for Shoulder Replacement Market?
  • Why is There High Demand for Tires in Shoulder Replacement Market?
  • Why are Sales of Shoulder Replacement Market Surging?

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