Shoulder Arthroplasty Market Segments, Growth, Size, Share and Forecast 2024-2032

The latest report by IMARC Group, titled “Shoulder Arthroplasty Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the shoulder arthroplasty market outlook. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global shoulder arthroplasty market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.

Shoulder Arthroplasty Market Trends:

The global market is primarily driven by the aging population and increasing incidences of arthritis and joint disorders. Additionally, the rising prevalence of osteoarthritis and rheumatoid arthritis, particularly among the elderly, is a primary factor promoting the demand for shoulder replacement surgeries. Moreover, continual advancements in medical technology have led to more effective and durable prosthetic designs, enhancing the success rates of these surgeries and encouraging wider adoption is impelling the market.

Furthermore, the ongoing development of reverse shoulder arthroplasty, which provides better outcomes for patients with complex shoulder conditions, has also contributed to market expansion. In line with this, the growing awareness about the availability of these surgical options and the increasing focus on sports-related injuries and rehabilitation are further propelling the market.

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Shoulder Arthroplasty Market Scope and Growth Analysis:

The scope of the market extends beyond traditional medical needs, tapping into various sectors, including sports medicine and trauma-related surgeries. As the field of orthopedics continues to develop, the integration of robotic-assisted surgical techniques and image-guided surgeries is poised to redefine the standards of precision and outcomes in shoulder arthroplasty. These technological advancements are enhancing surgical accuracy and minimizing the risk of complications, thereby shortening hospital stays and reducing healthcare costs.

Furthermore, the market is witnessing an increase in demand for outpatient shoulder arthroplasty, driven by innovations in pain management and surgical practices that allow for same-day surgical releases. This shift is anticipated to significantly contribute to market growth, aligning with the growing preference for cost-effective and patient-centric healthcare solutions. As a result, the shoulder arthroplasty market is set to expand robustly, fueled by continuous innovations and an increasing number of surgeons trained in these advanced procedures.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• 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

Shoulder Arthroplasty Market Segmentation:

Our report has categorized the market based on region, device, procedure, indication and end user.

Breakup by Device:

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

Breakup by Procedure:

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

Breakup by Indication:

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

Breakup by End User:

• Hospitals
• Orthopedic Centers
• Ambulatory Surgical Centers
• Others

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)

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 a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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