Shoulder Arthroplasty Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Shoulder Arthroplasty Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global shoulder arthroplasty market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.

Shoulder arthroplasty is a surgical procedure wherein diseases or damaged ball and socket joints of the shoulder are replaced with a prosthesis made of metal components or plastic implants. It is generally performed after a thorough evaluation of patients using x-rays, blood tests, bone scans, physical examinations, computed tomography (CT) scans, and magnetic resonance imaging (MRI) scans. Presently, it is used to treat individuals with primary osteoarthritis, post-traumatic arthritis, inflammatory arthritis, proximal humeral fractures, osteonecrosis of the humeral head and neck, and pseudo paresis caused by rotator cuff deficiency.

Shoulder Arthroplasty Market Trends:

Several conditions, such as inflammatory arthritis, osteonecrosis involving the glenoid and post-traumatic degenerative joint disease, can cause shoulder pain and disability and interfere with the everyday activities of patients. Thus, a significant rise in the number of individuals suffering from these conditions represents one of the key factors augmenting the need for shoulder arthroplasty. Moreover, as shoulder pain increases with age, the growing aging population is catalyzing the adoption of shoulder arthroplasty to preserve their shoulder joint mobility and function. Apart from this, high-force and repetition activities required by athletics during performance can result in severe shoulder fracture or damage. This, in confluence with the increasing participation of individuals in professional sports, is influencing the market positively. Furthermore, market players are offering an extensive array of implants for shoulder reconstruction in different conditions. They are also introducing modern implants with a wide range of options, including resurfacing the humeral head, anatomic hemiarthroplasty, total shoulder arthroplasty, reverse shoulder arthroplasty, and trauma-specific implants for fractures and nonunions. This is anticipated to expand their overall share and drive the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global shoulder arthroplasty market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Zimmer Biomet.

Key Questions Answered in This Report

1. What was the size of the global shoulder arthroplasty market in 2022?

2. What is the expected growth rate of the global shoulder arthroplasty market during 2023-2028?

3. What are the key factors driving the global shoulder arthroplasty market?

4. What has been the impact of COVID-19 on the global shoulder arthroplasty market?

5. What is the breakup of the global shoulder arthroplasty market based on the procedure?

6. What is the breakup of the global shoulder arthroplasty market based on the end user?

7. What are the key regions in the global shoulder arthroplasty market?

8. Who are the key players/companies in the global shoulder arthroplasty market?