The SHOULDER REPLACEMENT Market is dominated by few players, but there are other new players, private label players as well. However, the competition in the global shoulder replacement market is dominated by Johnson & Johnson, Wright Medical Group N.V., Zimmer Biomet Holdings, Inc. and DJO Global, Inc. (DJO Surgical), who are also profiled with their financial information and respective business strategies.
Global Shoulder Replacement Market 2018-2023, has been prepared on the basis of an in-depth market analysis with from industry experts. The report also includes a debate of the leading players working in this market. In order to calculate the Shoulder Replacement market size, the report considers the revenue generated from services provided to end-users such as the pharmaceutical and healthcare companies, medical device manufacturers, contract research organizations, biotechnology companies, and academic and research institutes.
The market research report on the Global Shoulder Replacement Market by Reports Web is a prominent part of the pharmaceutical and healthcare portfolio and offers insights into the leading trends in the market and potential drivers, including the growth of the Global Shoulder Replacement Market Industry. The report undergoes a detailed procedure of data collection methodology and presents an in-depth analysis of all the market segments and sub-segments.
Some of the major players operating in the Global Shoulder Replacement Market include: Johnson & Johnson, Wright Medical Group N.V., Zimmer Biomet Holdings, Inc. and DJO Global, Inc. (DJO Surgical), who are also profiled with their financial information and respective business strategies.
Executive Summary
Orthopedic surgery is the field of medicine and surgery concerned with conditions involving the musculoskeletal system. Orthopedic surgery is used to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.
Shoulder replacement is a type of orthopedic surgery conducted to fix shoulder arthritis or to fix severe physical joint damage or to treat several conditions that lead to pain and disability in shoulder. Shoulder replacement is a surgical procedure in which the damaged parts of the glenohumeral joint are replaced with artificial components, called a prosthetic implant. The treatment options are either replacement of just the head of the humerus bone or replacement of both the humerus bone and the glenoid.
There are several conditions that lead people to consider shoulder replacement surgery, like, osteoarthritis, rheumatoid arthritis, avascular necrosis, severe fractures and dislocations, hill sachs defect etc. The shoulder replacement surgery gives relief from the pain and discomfort, yet, involves various complications like, infection, prosthesis problems, blood vessel or nerve injury, fracture etc.
The shoulder replacement market can be segmented on the basis of procedure and devices. There are three major types of shoulder replacement procedures: Partial shoulder Replacement, Standard Shoulder Replacement and Reverse Shoulder Replacement. The shoulder replacement market is segmented on the basis of three major devices: Resurfacing Implants, Trauma Devices and Platform Systems.
The global shoulder replacement market has increased at a significant CAGR over the years and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The shoulder replacement market is expected to increase due to growing demand from increasing urban population, growing healthcare expenditure, increasing obesity etc. Yet the market faces some challenges such as high cost, regulatory risk, etc.
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