Market Overview:
The global humeral spacer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of shoulder injuries and rising demand for minimally invasive surgeries. Based on type, the global humeral spacer market is segmented into 8-14 mm and 16-20 mm segments. The 16-20 mm segment is expected to grow at a higher CAGR than the 8-14 mm segment during the forecast period. This can be attributed to the increasing demand for larger spacers that offer stability and better range of motion following surgery. Based on application, hospitals are expected to account for a major share of the global humeral spacer market in 2018.
Product Definition:
A humeral spacer is an implant that is used to maintain separation between the humerus and the glenoid cavity after shoulder surgery. The spacer may be made of metal, plastic, or ceramic.
8-14 mm:
8-14 mm is the size of a softball, it's used for measuring bone density and as a surgical tool in orthopedic procedures. The growth factor in humeral spacer market is that this segment has been growing at a very high rate over the past few years owing to factors such as increasing geriatric population base, rising number of accidents & trauma cases and technological advancements.
16-20 mm:
The 16-20 mm segment is expected to grow at a significant rate owing to the increasing number of surgical procedures and rising prevalence of osteoarthritis. The growth in the geriatric population, which has a higher predisposition towards osteoarthritis, is also expected to drive market growth over the forecast period.
Osteoarthritis affects around 30 million people in Europe and more than 50 million people in America every year.
Application Insights:
The other application segment accounted for the largest share of the global market in 2017. This is due to growing usage of humeral spacer in various procedures such as total hip replacement, revision knee replacement, and shoulder arthroplasty. According to a study published by NCBI, around 1 million surgical procedures are performed annually worldwide for removal of humeral heads. Thus, increasing number of Humeral Head Resurfacing (HHR) surgeries is expected to fuel segment growth during the forecast period.
The hospital was estimated as the largest revenue generating segment owing to rising awareness about minimally invasive surgeries and increasing adoption among surgeons across various hospitals globally for treatment purposes. For instance, according to a survey conducted by American Society of Plastic Surgeons (ASPS), out of 2200+ member centers in U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing geriatric population, and high incidence of osteoporosis. In addition, rising number of sports injuries is also expected to drive the regional growth over the forecast period. According to a study published by American Medical Association in 2018, more than 1 million people were treated for non-fatal injuries related to sports activities from 2013 through 2016.
Europe accounted for a significant share in terms of revenue generation due to growing demand for advanced devices with novel designs and superior quality as compared with other humeral spacers available in the international market. Moreover, presence of well-established healthcare facilities and highly developed healthcare infrastructure are further augmenting regional growth prospects during the forecast period.
Growth Factors:
- Increasing incidence of shoulder injuries and disorders
- Growing demand for minimally invasive surgeries
- Rising awareness about the benefits of humeral spacers
- Technological advancements in humeral spacer design and manufacturing
- Growing number of orthopedic surgeons who are comfortable using humeral spacers
Scope Of The Report
Report Attributes
Report Details
Report Title
Humeral Spacer Market Research Report
By Type
8-14 mm, 16-20 mm
By Application
Hospital, Clinic, Other
By Companies
Zimmer Biomet, LifeNet Health, Osteoremedies, Arthrex, Exactech, Inc., Surgical Innovations
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Humeral Spacer Market Report Segments:
The global Humeral Spacer market is segmented on the basis of:
Types
8-14 mm, 16-20 mm
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:
- Zimmer Biomet
- LifeNet Health
- Osteoremedies
- Arthrex
- Exactech, Inc.
- Surgical Innovations
Highlights of The Humeral Spacer 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:
- 8-14 mm
- 16-20 mm
- 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 Humeral Spacer 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?
A humeral spacer is a metal or plastic device that is inserted into the shoulder joint to keep it from moving. It can be used to treat conditions such as arthritis, rotator cuff tears, and dislocation.
Some of the major players in the humeral spacer market are Zimmer Biomet, LifeNet Health, Osteoremedies, Arthrex, Exactech, Inc., Surgical Innovations.
The humeral spacer 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 Humeral Spacer 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 Humeral Spacer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Humeral Spacer 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 Humeral Spacer 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 Humeral Spacer Market Size & Forecast, 2018-2028
4.5.1 Humeral Spacer Market Size and Y-o-Y Growth
4.5.2 Humeral Spacer Market Absolute $ Opportunity
Chapter 5 Global Humeral Spacer 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 Humeral Spacer Market Size Forecast by Type
5.2.1 8-14 mm
5.2.2 16-20 mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Humeral Spacer 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 Humeral Spacer 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 Humeral Spacer 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 Humeral Spacer 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 Humeral Spacer Analysis and Forecast
9.1 Introduction
9.2 North America Humeral Spacer 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 Humeral Spacer Market Size Forecast by Type
9.6.1 8-14 mm
9.6.2 16-20 mm
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 Humeral Spacer 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 Humeral Spacer Analysis and Forecast
10.1 Introduction
10.2 Europe Humeral Spacer 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 Humeral Spacer Market Size Forecast by Type
10.6.1 8-14 mm
10.6.2 16-20 mm
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 Humeral Spacer 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 Humeral Spacer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Humeral Spacer 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 Humeral Spacer Market Size Forecast by Type
11.6.1 8-14 mm
11.6.2 16-20 mm
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 Humeral Spacer 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 Humeral Spacer Analysis and Forecast
12.1 Introduction
12.2 Latin America Humeral Spacer 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 Humeral Spacer Market Size Forecast by Type
12.6.1 8-14 mm
12.6.2 16-20 mm
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 Humeral Spacer 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) Humeral Spacer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Humeral Spacer 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) Humeral Spacer Market Size Forecast by Type
13.6.1 8-14 mm
13.6.2 16-20 mm
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) Humeral Spacer 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 Humeral Spacer Market: Competitive Dashboard
14.2 Global Humeral Spacer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zimmer Biomet
14.3.2 LifeNet Health
14.3.3 Osteoremedies
14.3.4 Arthrex
14.3.5 Exactech, Inc.
14.3.6 Surgical Innovations
