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The global shoulder replacement market is projected to attain a value of USD 3 billion by the end of 2026, growing in the forecast period of 2023-2028 at a CAGR of 7.5%.
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The shoulder replacement market is driven by the rise in the number of surgeries on account of advancements in technology.
Shoulder replacement is referred to as the surgical procedure in which a prosthetic implant replaces total or part of the glenohumeral joint. This surgery is usually conducted to mitigate arthritis pain or fix serious physical joint damage.
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The shoulder replacement market is segmented based on procedure and end-use.
On the basis of the procedure, the shoulder replacement market can be divided into:
The shoulder replacement market is segmented on the basis of end use into:
The EMR report looks into the regional shoulder replacement markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The shoulder replacement market is driven by the increase in the frequency of surgeries owing to the advancements in technology. The shoulder replacement market is being further aided by the increasing popularity and success of reverse total shoulder arthroplasty for rotator cuff arthropathy. The growing medical infrastructure, as well as medical facilities, are further providing impetus to the industry growth. The growth in the frequency of medical tourists on account of the rising medical tourism sector, along with an increased emphasis on cost efficiency in developing as well as developed economies, is expected to drive the growth of the industry.
The report presents a detailed analysis of the following key players in the global shoulder replacement market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Procedures, End Use, Region|
|Breakup by Procedures||Resurfacing Hemiarthroplasty, Reverse Total Shoulder Replacement, Stemmed Hemiarthroplasty, Total Shoulder Replacement|
|Breakup by End Use||Hospitals, Orthopedic Centers, Others|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Arthrex, Inc., DJO, LLC, Integra Lifesciences Corporation, Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, Medical Devices Business Services, Inc., Wright Medical Group N.V., Others.|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Shoulder Replacement Market Analysis
8.1 Key Industry Highlights
8.2 Global Shoulder Replacement Historical Market (2018-2022)
8.3 Global Shoulder Replacement Market Forecast (2023-2028)
8.4 Global Shoulder Replacement Market by Procedures
8.4.1 Resurfacing Hemiarthroplasty
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2018-2022)
126.96.36.199 Forecast Trend (2023-2028)
8.4.2 Reverse Total Shoulder Replacement
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2018-2022)
220.127.116.11 Forecast Trend (2023-2028)
8.4.3 Stemmed Hemiarthroplasty
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2018-2022)
126.96.36.199 Forecast Trend (2023-2028)
8.4.4 Total Shoulder Replacement
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2018-2022)
220.127.116.11 Forecast Trend (2023-2028)
8.5 Global Shoulder Replacement Market by End Use
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2018-2022)
126.96.36.199 Forecast Trend (2023-2028)
8.5.2 Orthopedic Centers
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2018-2022)
220.127.116.11 Forecast Trend (2023-2028)
8.6 Global Shoulder Replacement Market by Region
8.6.1 Market Share
18.104.22.168 North America
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
184.108.40.206 United States of America
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
220.127.116.11 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Arthrex, Inc.
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
11.2.2 DJO, LLC
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
11.2.3 Integra Lifesciences Corporation
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
11.2.4 Stryker Corporation
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
11.2.5 Zimmer Biomet Holdings, Inc.
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
11.2.6 Smith & Nephew PLC
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
11.2.7 Medical Devices Business Services, Inc.
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
11.2.8 Wright Medical Group N.V.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Shoulder Replacement Market: Key Industry Highlights, 2018 and 2028
2. Global Shoulder Replacement Historical Market: Breakup by Procedures (USD Billion), 2018-2022
3. Global Shoulder Replacement Market Forecast: Breakup by Procedures (USD Billion), 2023-2028
4. Global Shoulder Replacement Historical Market: Breakup by End Use (USD Billion), 2018-2022
5. Global Shoulder Replacement Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6. Global Shoulder Replacement Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Shoulder Replacement Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Shoulder Replacement Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Shoulder Replacement Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Shoulder Replacement Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Shoulder Replacement Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Shoulder Replacement Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Shoulder Replacement Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Shoulder Replacement Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Shoulder Replacement Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Shoulder Replacement Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Shoulder Replacement Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Shoulder Replacement Market Structure
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