Global Shoulder Arthroplasty Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 7.6% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 8, 2018--The “Shoulder Arthroplasty Market by Procedure - Global Opportunity Analysis and Industry Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s offering.
The global shoulder arthroplasty market was valued at $1,080 million in 2016, and is expected to reach $1,814 million by 2023, registering a CAGR of 7.6% from 2017 to 2023.
Shoulder arthroplasty or shoulder replacement is a surgical procedure, which assists in the replacement of damaged ball and socket joint located in the shoulder. This is done using a prosthesis, usually consists of polythene and metal components. Shoulder arthroplasty has become a preferred modality of surgeons for the treatment of osteoarthritis, rheumatoid arthritis, and osteonecrosis, as these procedures have yielded significant and reproducible results. Large-scale adoption of total shoulder arthroplasty procedures for the treatment of people suffering from arthritis has highly contributed to the market growth.
Increase in prevalence of shoulder arthritis and rise in geriatric population worldwide drive the growth of the global shoulder arthroplasty market. In addition, rise in awareness towards shoulder arthroplasties and advancements in the surgical techniques supplement the market growth. However, increase in risk of postoperative complications, such as neurologic injury and hematoma, hampers the market growth.
The shoulder arthroplasty market is segmented based on procedure, device, indication, end user, and region. On the basis of procedure, the market is divided into partial shoulder arthroplasty, total shoulder arthroplasty, and revision shoulder arthroplasty. By device, it is categorized into shoulder arthroplasty resurfacing implants, shoulder arthroplasty trauma devices, and shoulder arthroplasty platform systems.
Companies Mentioned:Wright Medical Group, Inc. /Tornier Inc. Integra LifeSciences Corporation Zimmer Biomet Johnson & Johnson (DePuy Synthes) Arthrex, Inc. Smith and Nephew Plc. Conmed Corporation DJO Global Evolutis Exactech, Inc. Implantcast GmbH Lima Corporate Medacta International Kinamed Incorporated Corin Imascap SAS Catalyst Orthoscience Biotechni Cayenne Medical BioTek Instruments, Inc.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Shoulder Arthroplasty Market, By Procedure
Chapter 5 Shoulder Arthroplasty Market, By Devices
Chapter 6 Shoulder Arthroplasty Market, By Indication
Chapter 7 Shoulder Arthroplasty Market, By End User
Chapter 8 Shoulder Arthroplasty Market, By Region
Chapter 9 Company Profiles
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Related Topics:Surgical Procedures
INDUSTRY KEYWORD: SURGERY HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 06/08/2018 08:43 AM/DISC: 06/08/2018 08:43 AM