Global Shoulder Arthroplasty Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Procedure;

Partial Shoulder Arthroplasty, Total Shoulder Arthroplasty, and Revision Shoulder Arthroplasty.

By Devices;

Shoulder Arthroplasty Resurfacing Implants, Shoulder Arthroplasty Trauma Devices, and Shoulder Arthroplasty Platform Systems.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn571386910 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Shoulder Arthroplasty Market (USD Million), 2020 - 2030

In the year 2023, the Global Shoulder Arthroplasty Market was valued at USD 1,128.14 million. The size of this market is expected to increase to USD 1,920.95 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.

The Global Shoulder Arthroplasty Market encompasses a wide array of medical devices, surgical procedures, and treatment options aimed at addressing shoulder joint dysfunction and pathology. Shoulder arthroplasty, also known as shoulder replacement surgery, is a surgical intervention commonly used to relieve pain, restore function, and improve quality of life in patients with various shoulder conditions, including osteoarthritis, rheumatoid arthritis, and rotator cuff tears. This market is driven by factors such as an aging population, increasing prevalence of shoulder-related disorders, advancements in surgical techniques and implant materials, and rising demand for minimally invasive treatment options.

The Global Shoulder Arthroplasty Market is characterized by ongoing technological innovations aimed at enhancing implant design, surgical techniques, and patient outcomes. Advancements in implant materials, such as highly cross-linked polyethylene, ceramic coatings, and modular componentry, contribute to improved implant longevity, reduced wear rates, and enhanced biocompatibility. Additionally, innovations in minimally invasive surgical approaches, computer-assisted navigation, and patient-specific instrumentation offer greater precision, shorter recovery times, and improved functional outcomes for patients undergoing shoulder arthroplasty procedures.

As the global burden of shoulder-related disorders continues to rise, fueled by factors such as aging demographics, sedentary lifestyles, and sports-related injuries, the demand for shoulder arthroplasty procedures is expected to increase. Healthcare providers, orthopedic surgeons, and medical device manufacturers play critical roles in addressing this growing demand, offering comprehensive solutions for the diagnosis, treatment, and rehabilitation of patients with shoulder joint pathology. By leveraging advancements in technology, evidence-based practices, and patient-centered care models, the Global Shoulder Arthroplasty Market is poised to expand and evolve, offering innovative solutions to improve shoulder health and musculoskeletal function for individuals worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Procedure
    2. Market Snapshot, By Devices
    3. Market Snapshot, By Region
  4. Global Shoulder Arthroplasty Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Incidence of Shoulder Disorders
        2. Technological Advancements
        3. Rising Demand for Minimally Invasive Procedures
        4. Expanding Adoption of Shoulder Arthroplasty
      2. Restraints
        1. Limited Reimbursement Policies
        2. Complications Associated with Surgery
        3. Availability of Alternative Treatments
        4. Stringent Regulatory Requirements
      3. Opportunities
        1. Development of Patient-Specific Implants
        2. Advancements in Surgical Techniques
        3. Expansion of Ambulatory Surgical Centers
        4. Focus on Rehabilitation and Postoperative Care
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Shoulder Arthroplasty Market, By Procedure, 2020 - 2030 (USD Million)
      1. Partial Shoulder Arthroplasty
      2. Total Shoulder Arthroplasty
      3. Revision Shoulder Arthroplasty
    2. Global Shoulder Arthroplasty Market, By Devices, 2020 - 2030 (USD Million)
      1. Shoulder Arthroplasty Resurfacing Implants
      2. Shoulder Arthroplasty Trauma Devices
      3. Shoulder Arthroplasty Platform Systems
    3. Global Shoulder Arthroplasty Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Zimmer Biomet
      2. Johnson & Johnson (Depuy Synthes)
      3. Arthrex
      4. Smith And Nephew Plc
      5. Conmed Corporation
      6. Djo Global
      7. Evolutis
      8. Exactech
  7. Analyst Views
  8. Future Outlook of the Market