Market Overview:
The global Glenoid Labrum Suture Anchor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of shoulder injuries and the subsequent rise in demand for Glenoid Labrum Suture Anchors. Additionally, factors such as technological advancements and growing awareness about these devices are also contributing to the growth of this market. Based on type, the global Glenoid Labrum Suture Anchor market is segmented into single spiral and duplex anchors. The single spiral anchor segment is expected to account for a larger share of the global Glenoid Labrum Suture Anchor market than duplex anchors during the forecast period from 2018 to 2030. This can be attributed to its ease of use and lower cost as compared with duplex anchors. Based on application, hospitals are expected to account for a larger share of the global Glenoid Labrum Suture Anchor market than clinics duringthe forecast period from 2018to2030 .Additionally, growing awareness about these devices among patients is also contributingto this trend .
Product Definition:
A Glenoid Labrum Suture Anchor is a device that is used to attach soft tissue to bone. It is typically made of metal or plastic and is inserted into a hole that has been drilled into the bone. The anchor can then be used to attach a ligament or tendon to the bone.
Single Spiral:
Single spiral is a suture anchor used for glenoid labrum repair. It is also used in the treatment of rotator cuff repair and reconstruction, and other soft tissue repairs. The single spiral has an advantage over the double or triple spirals as it can be easily placed into weak spots in the glenoid labrum which other sutures cannot reach.
Duplex:
Duplex is a surgical instrument used for repairing connective tissues. It helps in increasing the tensile strength of soft tissues and stabilizes bone fractures by promoting healing. The device consists of two blades attached by a handle which is used to tear the skin and underlying tissue apart, thus creating enough space for medical instruments or implants to be inserted into the gap.
Application Insights:
The other application segment includes surgical procedures such as arthroscopy, endoscopy and laparoscopy. The clinic application segment held the largest share of the global glenoid labrum suture anchor market in 2017 due to a high number of surgeries being performed with this device. In addition, increasing awareness about minimally invasive surgeries is also expected to boost product demand over the forecast period.
The hospital application segment is expected to witness significant growth during the forecast period due to an increase in musculoskeletal conditions that require surgery for treatment or cure. According to WHO, around 50 million people are affected by these conditions every year globally which accounts for 2% - 3% of all diseases; thus making it one of the most common disorders treated by surgeons worldwide (Globocan 2012). This factor along with others will drive product demand in near future.
Regional Analysis:
North America dominated the global glenoid labrum suture anchor market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing sports injuries, rising geriatric population, and high adoption of minimally invasive surgeries in this region as compared to other regions.
Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to various factors such as improving healthcare infrastructure and growing medical tourism industry due to availability of advanced treatment at affordable costs in this region. Moreover, increasing cases of rotator cuff tears are also expected drive regional growth during the same period.
Growth Factors:
- Increasing incidence of shoulder injuries: The increasing incidence of shoulder injuries is one of the key growth drivers for the Glenoid Labrum Suture Anchor market. According to a study by the American Academy of Orthopaedic Surgeons, around 1 in 5 people in the U.S. suffer from a shoulder injury at some point in their lives. This number is only expected to increase with time, as more and more people adopt a sedentary lifestyle.
- Growing awareness about surgical treatment options: The growing awareness about surgical treatment options for shoulder injuries is another key growth driver for the Glenoid Labrum Suture Anchor market. With advancements in medical technology, more and more people are opting for surgery as opposed to conservative treatments such as rest and physical therapy.
- Rising demand for minimally invasive procedures: The rising demand for minimally invasive procedures is another major growth driver for the Glenoid Labrum Suture Anchor market . Minimally invasive surgeries are less traumatic than traditional open surgeries and result in shorter recovery times . This has led to an increase in their popularity over the past few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Glenoid Labrum Suture Anchor Market Research Report
By Type
Single Spiral, Duplex
By Application
Hospital, Clinic, Other
By Companies
Johnson & Johnson, Smith & Nephew, Tulpar Medical Solutions, Arthrex, Zimmer Biomet, Johnson & Johnson
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Glenoid Labrum Suture Anchor Market Report Segments:
The global Glenoid Labrum Suture Anchor market is segmented on the basis of:
Types
Single Spiral, Duplex
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson & Johnson
- Smith & Nephew
- Tulpar Medical Solutions
- Arthrex
- Zimmer Biomet
- Johnson & Johnson
Highlights of The Glenoid Labrum Suture Anchor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Spiral
- Duplex
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glenoid Labrum Suture Anchor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Glenoid Labrum Suture Anchor is a surgical device that helps to stabilize the shoulder joint. It is inserted through a small incision in the side of the neck and then threaded through the labrum, which is a ring of cartilage that surrounds the shoulder joint. The anchor is then tightened to fix it in place.
Some of the major companies in the glenoid labrum suture anchor market are Johnson & Johnson, Smith & Nephew, Tulpar Medical Solutions, Arthrex, Zimmer Biomet, Johnson & Johnson.
The glenoid labrum suture anchor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glenoid Labrum Suture Anchor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Glenoid Labrum Suture Anchor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glenoid Labrum Suture Anchor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Glenoid Labrum Suture Anchor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Glenoid Labrum Suture Anchor Market Size & Forecast, 2018-2028
4.5.1 Glenoid Labrum Suture Anchor Market Size and Y-o-Y Growth
4.5.2 Glenoid Labrum Suture Anchor Market Absolute $ Opportunity
Chapter 5 Global Glenoid Labrum Suture Anchor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Glenoid Labrum Suture Anchor Market Size Forecast by Type
5.2.1 Single Spiral
5.2.2 Duplex
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Glenoid Labrum Suture Anchor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Glenoid Labrum Suture Anchor Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glenoid Labrum Suture Anchor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Glenoid Labrum Suture Anchor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Glenoid Labrum Suture Anchor Analysis and Forecast
9.1 Introduction
9.2 North America Glenoid Labrum Suture Anchor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Glenoid Labrum Suture Anchor Market Size Forecast by Type
9.6.1 Single Spiral
9.6.2 Duplex
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Glenoid Labrum Suture Anchor Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Glenoid Labrum Suture Anchor Analysis and Forecast
10.1 Introduction
10.2 Europe Glenoid Labrum Suture Anchor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Glenoid Labrum Suture Anchor Market Size Forecast by Type
10.6.1 Single Spiral
10.6.2 Duplex
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Glenoid Labrum Suture Anchor Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Glenoid Labrum Suture Anchor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glenoid Labrum Suture Anchor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Glenoid Labrum Suture Anchor Market Size Forecast by Type
11.6.1 Single Spiral
11.6.2 Duplex
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Glenoid Labrum Suture Anchor Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Glenoid Labrum Suture Anchor Analysis and Forecast
12.1 Introduction
12.2 Latin America Glenoid Labrum Suture Anchor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Glenoid Labrum Suture Anchor Market Size Forecast by Type
12.6.1 Single Spiral
12.6.2 Duplex
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Glenoid Labrum Suture Anchor Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Glenoid Labrum Suture Anchor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glenoid Labrum Suture Anchor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Glenoid Labrum Suture Anchor Market Size Forecast by Type
13.6.1 Single Spiral
13.6.2 Duplex
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Glenoid Labrum Suture Anchor Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Glenoid Labrum Suture Anchor Market: Competitive Dashboard
14.2 Global Glenoid Labrum Suture Anchor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson
14.3.2 Smith & Nephew
14.3.3 Tulpar Medical Solutions
14.3.4 Arthrex
14.3.5 Zimmer Biomet
14.3.6 Johnson & Johnson
