Infinium Global Research has added a new report on Global Shoulder Replacement Market. The report covers the analysis of global as well as regional markets of shoulder replacement market. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run. According to the report, the global shoulder replacement market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
Shoulder Replacement Market: Drivers, Restraints, and Opportunities
The increase in the geriatric population and the rising number of the arthritis population are the major drivers for the growth of the shoulder replacement market. According to the Arthritis Foundation, nearly 300,000 babies and children are suffering from arthritis disability. Moreover, increased patient awareness and the desire of Patients to be able to maintain the full range of motion and regain productivity also drives the growth of the market. Growing medical infrastructure and medical facilities are some other factors that help in the growth of the shoulder replacement market. However, the risk of implant failure and increased chances of infection are the factors that may hamper the shoulder replacement market. Moreover, the rise in adoption of total shoulder replacement by patients suffering from symptomatic shoulder arthritis, and emerging economies such as China, India, and others, will create new opportunities for the total shoulder replacement market.
Shoulder Replacement Market: Regional Insight
The report on the shoulder replacement market is segmented regionally into North America, Europe, Asia-Pacific, and the Rest of the World. Geographically, North America holds the maximum share in the shoulder replacement market. An increase in proximal humerus fracture cases is the major factor that drives the growth of the market in the North America region. Furthermore, high medical reimbursement facilities and technological advancement are some other factors that drive the shoulder replacement market in the region. Moreover, Asia Pacific is estimated to have the fastest growth in the upcoming years due to the rapidly growing population, favorable government policies. Furthermore, increasing the medical tourism industry in countries like India and China also drives the market in this region.
Shoulder Replacement Market: Segmentation
The report on the global shoulder replacement market covers segments such as type, application, and end user. By type, the global shoulder replacement market is bifurcated into anatomic total shoulder replacements and reverse total shoulder replacements. Among these types, the anatomical total shoulder replacement segment market holds the maximum market share due to an increasing frequency of cancer patients. Moreover, based on applications, the market is segmented into proximal humerus fracture, primary osteoarthritis, rotator cuff tear arthropathy, avascular necrosis, and shoulder arthritis. On the basis of end user, the global shoulder replacement market is divided into hospitals and ambulatory surgical centers.
Shoulder Replacement Market: Competitive Analysis
The global shoulder replacement market comprises with the players such as DePuy Synthes, Zimmer Biomet, Smith & Nephew Plc, Stryker Corporation, Integra LifeSciences, Wright Medical Group N.V., Tornier N.V., Arthrex, Inc., Limacorporate spa, and Johnson and Johnson. Acquisitions, collaborations and partnerships, and growth of advanced equipment are the key strategies used by these companies for geographical expansions and to increase their share.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-shoulder-replacement-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Shoulder Replacement Market.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
