Shoulder Labrum Market Size, Share and Trends Analysis - Global - 2023-2029 - MedCore - Includes: Resorbable Sutures, and 1 more

Shoulder Labrum Market Size, Share and Trends Analysis - Global - 2023-2029 - MedCore - Includes: Resorbable Sutures, and 1 more

The global market for shoulder labrum repair was valued at $511.5 million in 2022, and it is expected to grow at a compound annual growth rate (CAGR) of 6.8% over the forecast period, reaching $809.3 million. The market includes subsegments for resorbable and non-resorbable sutures, such as biocomposite, polyether ether ketone (PEEK), all-suture, polylactic acid (PLA), PEEK carbon fiber, and metal.

MARKET REPORT DATA TYPES INCLUDED

Unit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2029, and Historical Data to 2019
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
Procedure Volumes
Company Profiles, Product Portfolios and SWOT for Top Competitors
COVID-19 Impact Analysis

PROCEDURE NUMBERS

Although superior labral anterior to posterior (SLAP) repairs saw their peak between 2008 and 2010, the global shoulder labrum repair market is expected to grow over the forecast period due to the increasing prevalence of an aging population and the rising trend of active lifestyles, particularly in sports that involve overhead throwing. As a result, the demand for shoulder labral repairs is expected to increase at a moderate compound annual growth rate (CAGR).

GLOBAL SHOULDER LABRUM MARKET TRENDS

The past decade has been characterized by a strong focus on the development of new materials and surgical techniques in the field of shoulder soft-tissue repair. This has led to the adoption of all-suture anchors and PEEK CF materials, which have been major drivers of market growth in these segments. Initially introduced for arthroscopic repair of the glenoid labrum with a focus on shoulder instability, all-suture anchors have gained significant presence in the shoulder labrum repair market in 2022.

GLOBAL SHOULDER LABRUM MARKET SHARE INSIGHTS

The global shoulder labrum market has three dominant competitors: Arthrex, DePuy Synthes, and Smith & Nephew. Arthrex was the top performer in the shoulder labrum repair market in 2022, holding more than a third of the market share. The company has maintained its leading position by promoting its biocomposite suture anchors, such as the FASTak®, and suture passers like QuickPass™ and SutureLasso™.

GLOBAL SHOULDER LABRUM MARKET SEGMENTATION SUMMARY

Resorbable Suture Market
Non-Resorbable Suture Market – Includes:
Biocomposite, polyether ether ketone (PEEK), all-suture, polylactic acid (PLA), PEEK carbon fiber, metal

RESEARCH SCOPE SUMMARY

Regions: North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year: 2022
Forecast Period: 2023-2029
Historical Data: 2019-2022
Quantitative Data: Market Size, Market Share, Market Growth Rates, Units Sold, Average Selling Prices
Qualitative Data: COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios
Data Sources: Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data.
Read more about iData’s 9-Step Research Methodology

WHY CHOOSE IDATA?

Experts Only – iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
Global Coverage – iData’s unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
Attention to Detail – It’s our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
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