Market Overview:
The global shoulder implants 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 disorders, rising awareness about advanced surgical procedures, and technological advancements in shoulder implant devices. The global shoulder implants market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into metal type, resin type, and other types. The metal type segment dominates the global shoulder implants market owing to its high strength and durability as compared to other types of materials used for manufacturing implant devices. On the basis of application, the market is divided into two segments: used for fixing fractures and used for connection between bones or muscles. The use for fixing fractures dominates this segment owing to increasing number of accidents leading to fracture injuries across different regions worldwide.
Product Definition:
Shoulder implants are artificial devices used to replace or restore the function of a shoulder joint. They may be used to treat conditions such as osteoarthritis, rheumatoid arthritis, and rotator cuff tear.
Metal Type:
Metal Type is a classification based on the type of metal used for fabrication of surgical implants. The different types are titanium, stainless steel, cobalt-based alloy (CoB), nickel-titanium (NiTi) and polyethylene terephthalate (PET). Metal types affect the mechanical properties and biocompatibility characteristics of implants.
Resin Type:
Resin type is a major factor that should be considered while buying Shoulder Implants. There are basically two types of resins used in the manufacturing of shoulder implants, these are polyurethane and acrylic. The choice between these depends on various factors such as cost, durability & comfort level etc.
Polyurethane resin has good compression strength but poor durability; it also causes an allergic reaction to some people.
Application Insights:
The used for fixation segment held the largest revenue share of over 60% in 2017. Shoulder implants are most commonly used for surgical stabilization in patients with shoulder instability or subluxation. The growing prevalence of these conditions is expected to drive demand over the forecast period.
The surgery to fix a dislocation involves opening up the joint capsule and holding it back into place using a shoulder implant called an arthroplasty device after removing any foreign bodies such as bone chips or pieces from inside the joint cavity. This procedure requires an open-air exposure through which germs can get inside your body and cause infection leading to additional hospitalization and medication. Hence, this procedure is recommended only as a last resort when other methods fail or cannot be adopted due to certain reasons such as medical contraindications etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. In addition, increasing sports activities and rising popularity of outdoor recreational activities are expected to drive demand for Shoulder Implants in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to improving healthcare infrastructure and growing awareness about advanced treatment options for patients. Moreover, an increase in population with a high incidence rate of osteoarthritis is also expected fuel regional growth during the forecast period. Increasing number of road accidents that result into shoulder injuries will also boost demand for these implants over next eight years as metal type implants offer better protection against torn ligaments or tendons than resin type ones do while they last longer but cost more money than resin ones do (metal on metal).
Growth Factors:
- Increasing incidence of shoulder injuries and disorders: The increasing incidence of shoulder injuries and disorders is one of the key growth drivers for the global shoulder implants market. According to a study by the American Academy of Orthopaedic Surgeons, over 2 million people in the U.S. require treatment for a rotator cuff injury each year, and this number is rising rapidly due to increased participation in sports and other physical activities. The increasing awareness about available treatment options for various shoulder conditions is also propelling the demand for shoulder implants globally.
- Growing geriatric population: The global population aged 65 years or above is expected to exceed 1 billion by 2030, which will create significant demand for advanced medical devices such as shoulder implants that can improve the quality of life among elderly patients suffering from various age-related musculoskeletal conditions such as arthritis and osteoporosis.
- Technological advancements: The rapid technological advancements in implant design, materials science, surgical techniques, and postoperative care are resulting in improved clinical outcomes with shorter recovery times for patients undergoing surgery for rotator cuff tears or other types of shoulder disorders/injuries . This is driving greater adoption rates of Shoulder Implants products worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Shoulder Implants Market Research Report
By Type
Metal Type, Resin Type, Other
By Application
Used for Fixing, Used for Connection
By Companies
Smith & Nephew, Zimmer Biomet, Johnson & Johnson(DePuy Synthes), ConforMIS, Inc., Exactech, Inc., Integra LifeSciences Corporation, Stryker Corporation, Tornier, Inc., Wright Medical Group, Inc., StelKast
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Shoulder Implants Market Report Segments:
The global Shoulder Implants market is segmented on the basis of:
Types
Metal Type, Resin Type, Other
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
Used for Fixing, Used for Connection
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:
- Smith & Nephew
- Zimmer Biomet
- Johnson & Johnson(DePuy Synthes)
- ConforMIS, Inc.
- Exactech, Inc.
- Integra LifeSciences Corporation
- Stryker Corporation
- Tornier, Inc.
- Wright Medical Group, Inc.
- StelKast
Highlights of The Shoulder Implants 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:
- Metal Type
- Resin Type
- Other
- By Application:
- Used for Fixing
- Used for Connection
- 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 Shoulder Implants 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?
Shoulder implants are a type of medical device that are inserted into the shoulder to restore joint function and improve mobility. They can be used to treat conditions such as arthritis, instability, and limited range of motion.
Some of the key players operating in the shoulder implants market are Smith & Nephew, Zimmer Biomet, Johnson & Johnson(DePuy Synthes), ConforMIS, Inc., Exactech, Inc., Integra LifeSciences Corporation, Stryker Corporation, Tornier, Inc., Wright Medical Group, Inc., StelKast.
The shoulder implants market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shoulder Implants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Shoulder Implants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shoulder Implants Market - Supply Chain
4.5. Global Shoulder Implants Market Forecast
4.5.1. Shoulder Implants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shoulder Implants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shoulder Implants Market Absolute $ Opportunity
5. Global Shoulder Implants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Shoulder Implants Market Size and Volume Forecast by Type
5.3.1. Metal Type
5.3.2. Resin Type
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shoulder Implants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Shoulder Implants Market Size and Volume Forecast by Application
6.3.1. Used for Fixing
6.3.2. Used for Connection
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shoulder Implants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Shoulder Implants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Shoulder Implants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Shoulder Implants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Shoulder Implants Demand Share Forecast, 2019-2026
9. North America Shoulder Implants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Shoulder Implants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Shoulder Implants Market Size and Volume Forecast by Application
9.4.1. Used for Fixing
9.4.2. Used for Connection
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shoulder Implants Market Size and Volume Forecast by Type
9.7.1. Metal Type
9.7.2. Resin Type
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Shoulder Implants Demand Share Forecast, 2019-2026
10. Latin America Shoulder Implants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Shoulder Implants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Shoulder Implants Market Size and Volume Forecast by Application
10.4.1. Used for Fixing
10.4.2. Used for Connection
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shoulder Implants Market Size and Volume Forecast by Type
10.7.1. Metal Type
10.7.2. Resin Type
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Shoulder Implants Demand Share Forecast, 2019-2026
11. Europe Shoulder Implants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Shoulder Implants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Shoulder Implants Market Size and Volume Forecast by Application
11.4.1. Used for Fixing
11.4.2. Used for Connection
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shoulder Implants Market Size and Volume Forecast by Type
11.7.1. Metal Type
11.7.2. Resin Type
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Shoulder Implants Demand Share, 2019-2026
12. Asia Pacific Shoulder Implants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Shoulder Implants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Shoulder Implants Market Size and Volume Forecast by Application
12.4.1. Used for Fixing
12.4.2. Used for Connection
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shoulder Implants Market Size and Volume Forecast by Type
12.7.1. Metal Type
12.7.2. Resin Type
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Shoulder Implants Demand Share, 2019-2026
13. Middle East & Africa Shoulder Implants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Shoulder Implants Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Shoulder Implants Market Size and Volume Forecast by Application
13.4.1. Used for Fixing
13.4.2. Used for Connection
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shoulder Implants Market Size and Volume Forecast by Type
13.7.1. Metal Type
13.7.2. Resin Type
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Shoulder Implants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shoulder Implants Market: Market Share Analysis
14.2. Shoulder Implants Distributors and Customers
14.3. Shoulder Implants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Smith & Nephew
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Zimmer Biomet
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson & Johnson(DePuy Synthes)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ConforMIS, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Exactech, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Integra LifeSciences Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stryker Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tornier, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wright Medical Group, Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. StelKast
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
