Shoulder Arthroplasty Market

Shoulder Arthroplasty Market Size by Indication (Fracture/Dislocation, Arthritis, Hill Sachs Defect, Rotator Cuff Tear Arthropathy, and Others), Device (Shoulder Arthroplasty Trauma Devices, Shoulder Arthroplasty Resurfacing Implants, and Shoulder Arthroplasty Platform Systems), Procedure (Total Shoulder Arthroplasty, Partial Shoulder Arthroplasty, Reverse Shoulder Arthroplasty, and Revision Shoulder Arthroplasty), End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Centers, and Others), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Base Year: 2022 Historical Data: 2020-21
  • Report ID: TBI-13218
  • Published Date: Jan, 2023
  • Pages: 236
  • Category: Healthcare
  • Format: PDF
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The global shoulder arthroplasty market was valued at USD 1.52 billion in 2022, increasing at a CAGR of 6.95% from 2022 to 2030 and anticipated to reach USD 2.60 billion by 2030. Asia Pacific is expected to grow the fastest during the forecast period. Moreover, the rise of pharmacological approvals for treating primary osteoarthritis pain, along with the rising number of medication approvals from regulatory authorities, is expected to drive market growth during the forecast period.

Market Introduction:

Shoulder arthroplasty or shoulder replacement procedures are performed to replace the ball and sometimes the socket utilizing a prosthesis made up of metal & polyethene components. This surgery is named shoulder arthroplasty (ARTH-row-plas-tee). The treatment options are either replacement of just the head of the humerus bone (ball), or replacement of both the ball and the socket (glenoid). A soft tissue rim surrounds & deepens the socket. The head of the upper arm bone (humerus) is coated with a durable, smooth covering (articular cartilage), & the joint has a thin inner lining for smooth movement. The surrounding tendons & muscles provide support and stability. Shoulder arthroscopy can be used to remove inflamed tissue and can help with many other medical conditions related to the shoulder. It can also be utilized to treat various injuries, including injuries of the biceps tendon, spurs of bone, and frozen shoulder. Reverse shoulder arthroplasties often dramatically improve from preoperative to postoperative function. Hemiarthroplasty, total shoulder arthroplasty (TSA), and reverse total shoulder arthroplasty (RTSA) have all been well-described in the context of shoulder osteoarthritis, and the number of these procedures has been steadily increasing over the past decade.

Shoulder Arthroplasty Market Size

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Market Dynamics:

Drivers:

The growing geriatric population: The rise in the senior population is driving the growth of the shoulder arthroplasty market. The ageing population accounts for increasing replacement surgeries for various causes, such as accidents & emergence are major boosting factors for market growth. Moreover, the rising popularity of organized sports, along with the increasing popularity of exercise and fitness regimes, is anticipated to propel market growth. Additionally, the growing research and development proficiencies and the expanding number of sports-related shoulder injuries are expected to drive market growth. Additionally, the rising number of patients with bone-related problems, coupled with the presence of a large population, is expected to propel the market growth during the forecast period.

Restraints:

The high cost of shoulder arthroplasty devices: The high cost of procedures involving shoulder arthroplasty for treatment & stringent government policies hampers the market growth. Furthermore, a high surgical treatment failure rate and a lack of well-established healthcare infrastructure in low-income countries impede the market growth. Also, insufficient medical reimbursement and coverage, coupled with the lack of advanced technology, hinder the market growth during the forecast period.

Opportunities:

Rise of robotics in surgeries: The rising adoption of automated instruments used for surgery and the shortage of surgeons & physicians worldwide are helping to boost the market growth. Moreover, the increasing reliability towards shoulder replacement devices is the driving factor of the market growth. Additionally, minimally invasive operations provide several benefits, including shorter hospitalization, fewer surgical problems, less discomfort, smaller & more aesthetic incisions, less postoperative care, a decreased risk of infection, and faster recovery. Furthermore, the increasing investments by regional & international players in introducing new & technologically advanced surgical robots are expected to propel the market growth during the projection period. However, the technological advancements in the field of automated medical instruments, like the combination of cameras, computing technology, high-definition 3D imaging, sensors, remote navigation technology systems, robotic controlled catheters, and other accessories used for medical surgeries are also expanding the adoption of automated instruments, are expected to drive the market growth over the forecast period. Additionally, manufacturers' growing number of robotic systems for surgical interventions & constant investments, and R&D activities concerning automated robotic methods are helping to boost the market growth.

Regional segmentation analysis:

The regions analyzed for the market include Europe, South America, Asia Pacific, North America, the Middle East, and Africa. North America emerged as the largest global shoulder arthroplasty market, with a 49.26% market revenue share in 2022. North America dominates the shoulder arthroplasty market due to the presence of major international medical device companies. Further, the increasing awareness of shoulder arthroplasties, the rise in the frequency of arthritis, and the growing adoption of automated surgical instruments are also helping to boost the market growth in this region. The Asia Pacific is expected to grow the fastest during the forecast period due to the growing geriatric population. Moreover, the governmental regulations favourable to the medical device manufacturing companies, both MNCs & local manufacturers, are expected to drive market growth in this region. Additionally, the rising government initiatives to develop progressive healthcare infrastructure attract foreign investors to invest in automated instrument developments, propelling the market growth in this region during the forecast period.

North America Region Shoulder Arthroplasty Market Share in 2022 - 49.26%

 

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Indication segment analysis

The indication segment is divided into fracture/dislocation, arthritis, hill sachs defect, rotator cuff tear arthropathy, and others. The arthritis segment dominated, with a market share of 27.16% in 2022. This growth is attributed to the increasing incidence of various forms of arthritis, such as rheumatoid arthritis, osteoarthritis, and other inflammatory arthritis. Further, by 2030, the rotator cuff tear arthropathy segment will likely dominate the market due to the growing adoption of new surgical devices for rotator cuff tears launched by local manufacturers.

Device segment analysis

The device segment is divided into shoulder arthroplasty trauma devices, shoulder arthroplasty resurfacing implants, and shoulder arthroplasty platform systems. In 2022, the shoulder arthroplasty trauma devices segment dominated the market with the largest market share of 42.11% and market revenue of 0.64 billion. This growth is attributed to the increasing awareness of the improving outcome across patients with osteoarthritis & inflammatory arthroplasty in developing economies. Further, by 2030, the shoulder arthroplasty platform systems segment will likely dominate the market due to the high investments by key participants in developing shoulder replacement platform systems like the worldwide Exactech Shoulder System and UNITE Platform Shoulder System.

Procedure segment analysis

The procedure segment is divided into total shoulder arthroplasty, partial shoulder arthroplasty, reverse shoulder arthroplasty, and revision shoulder arthroplasty. In 2022, the reverse shoulder arthroplasty segment dominated the market, accounting for around 31.24% of global revenue. This growth is attributed to preserving deltoid muscle & successful surgery. However, revision shoulder surgery involves surgical replacement or reconstruction due to failure or complication of previous shoulder arthroplasty. Further, by 2030, the total shoulder arthroplasty segment will likely dominate the market due to the patient's preference for minimally invasive surgical techniques. Also, total shoulder arthroplasty involves replacing the humeral head & the glenoid. A total shoulder arthroplasty is generally the best option if the glenoid is damaged, but adequate bone & rotator cuff remain to secure that the glenoid element will last. 

End-user segment analysis

The end-user segment is divided into hospitals, ambulatory surgical centers, orthopedic centers, and others. In 2022, the hospital segment dominated the market, accounting for around 38.05% of global revenue. This growth is attributed to increasing healthcare spending. Further, by 2030, the orthopedic center's segment will likely dominate the market due to rising road accidents.

Some of the Key Market Players:
  • BioTek Instruments Inc. (Agilent Technologies Inc.)
  • Conmed Corporation
  • Exactech Inc.
  • Arthrex Inc.
  • Limacorporate S.p.A.
  • Implantcast GmbH
  • DJO Global (Colfax Corporation)
  • Kinamed Incorporated
  • Integra LifeSciences Corporation
  • Smith and Nephew Plc
  • Johnson & Johnson
  • Stryker Corporation
  • Medacta Group
  • Zimmer Biomet  

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2022 USD 1.52 Billion
Market size value in 2030 USD 2.60 Billion
CAGR (2022 to 2030) 6.95%
Historical data 2019-2020
Base Year 2021
Forecast 2022-2030
Segments Key Segments are indication, device, procedure, end-user, and regions
Regional Segments The key regions are North America, South America, Europe, Asia Pacific, and Middle East & Africa.

Frequesntly Asked Questions

North America region emerged as the largest market for shoulder arthroplasty.

The market's growth will be influenced by the growing medical infrastructure.

The lack of skilled healthcare workers could hamper the market growth.

The increasing technological progress will provide huge opportunities to the market.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Indication
          4.3.2. Market Attractiveness Analysis By Device
          4.3.3. Market Attractiveness Analysis By Procedure
          4.3.4. Market Attractiveness Analysis By End-User
          4.3.5. Market Attractiveness Analysis By Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. The increasing number of sports-related injuries
          5.2.2. The increasing disposable income
          5.2.3. The growing geriatric population
          5.2.4. The growing medical infrastructure
    5.3. Restraints
          5.3.1. The high cost of shoulder arthroplasty devices
          5.3.2. The stringent government policies
          5.3.3. The lack of skilled healthcare workers
    5.4. Opportunities
          5.4.1. The increasing technological progress
          5.4.2. The increased knowledge of surgical techniques

1. Global Shoulder Arthroplasty Market Analysis and Forecast, By Indication
    1.1. Segment Overview
    1.2. Fracture/Dislocation
    1.3. Arthritis
    1.4. Hill Sachs Defect
    1.5. Rotator Cuff Tear Arthropathy
    1.6. Others

2. Global Shoulder Arthroplasty Market Analysis and Forecast, By Device
    2.1. Segment Overview
    2.2. Shoulder Arthroplasty Trauma Devices
    2.3. Shoulder Arthroplasty Resurfacing Implants
    2.4. Shoulder Arthroplasty Platform Systems

3. Global Shoulder Arthroplasty Market Analysis and Forecast, By Procedure
    3.1. Segment Overview
    3.2. Total Shoulder Arthroplasty
    3.3. Partial Shoulder Arthroplasty
    3.4. Reverse Shoulder Arthroplasty
    3.5. Revision Shoulder Arthroplasty

4. Global Shoulder Arthroplasty Market Analysis and Forecast, By End-User
    5.5. Segment Overview
    5.6. Hospitals
    5.7. Ambulatory Surgical Centers
    5.8. Orthopedic Centers
    5.9. Others

5. Global Shoulder Arthroplasty Market Analysis and Forecast, By Regional Analysis
    5.1. Segment Overview
    5.2. North America
          5.2.1. U.S.
          5.2.2. Canada
          5.2.3. Mexico
    5.3. Europe
          5.3.1. Germany
          5.3.2. France
          5.3.3. U.K.
          5.3.4. Italy
          5.3.5. Spain
    5.4. Asia-Pacific
          5.4.1. Japan
          5.4.2. China
          5.4.3. India
    5.5. South America
          5.5.1. Brazil
    5.6. Middle East and Africa
          5.6.1. UAE
          5.6.2. South Africa

6. Global Shoulder Arthroplasty Market-Competitive Landscape
    6.1. Overview
    6.2. Market Share of Key Players in Global Shoulder Arthroplasty Market
          6.2.1. Global Company Market Share
          6.2.2. North America Company Market Share
          6.2.3. Europe Company Market Share
          6.2.4. APAC Company Market Share
    6.3. Competitive Situations and Trends
          6.3.1. Product Launches and Developments
          6.3.2. Partnerships, Collaborations, and Agreements
          6.3.3. Mergers & Acquisitions
          6.3.4. Expansions

7. Company Profiles
    7.1. BioTek Instruments Inc. (Agilent Technologies Inc.)
          7.1.1. Business Overview
          7.1.2. Company Snapshot
          7.1.3. Company Market Share Analysis
          7.1.4. Company Product Portfolio
          7.1.5. Recent Developments
          7.1.6. SWOT Analysis
    7.2. Conmed Corporation
          7.2.1. Business Overview
          7.2.2. Company Snapshot
          7.2.3. Company Market Share Analysis
          7.2.4. Company Product Portfolio
          7.2.5. Recent Developments
          7.2.6. SWOT Analysis
    7.3. Exactech Inc.
          7.3.1. Business Overview
          7.3.2. Company Snapshot
          7.3.3. Company Market Share Analysis
          7.3.4. Company Product Portfolio
          7.3.5. Recent Developments
          7.3.6. SWOT Analysis
    7.4. Arthrex Inc.
          7.4.1. Business Overview
          7.4.2. Company Snapshot
          7.4.3. Company Market Share Analysis
          7.4.4. Company Product Portfolio
          7.4.5. Recent Developments
          7.4.6. SWOT Analysis
    7.5. Limacorporate S.p.A.
          7.5.1. Business Overview
          7.5.2. Company Snapshot
          7.5.3. Company Market Share Analysis
          7.5.4. Company Product Portfolio
          7.5.5. Recent Developments
          7.5.6. SWOT Analysis
    7.6. Implantcast GmbH
          7.6.1. Business Overview
          7.6.2. Company Snapshot
          7.6.3. Company Market Share Analysis
          7.6.4. Company Product Portfolio
          7.6.5. Recent Developments
          7.6.6. SWOT Analysis
    7.7. DJO Global (Colfax Corporation)
          7.7.1. Business Overview
          7.7.2. Company Snapshot
          7.7.3. Company Market Share Analysis
          7.7.4. Company Product Portfolio
          7.7.5. Recent Developments
          7.7.6. SWOT Analysis
    7.8. Kinamed Incorporated
          7.8.1. Business Overview
          7.8.2. Company Snapshot
          7.8.3. Company Market Share Analysis
          7.8.4. Company Product Portfolio
          7.8.5. Recent Developments
          7.8.6. SWOT Analysis
    7.9. Integra LifeSciences Corporation
          7.9.1. Business Overview
          7.9.2. Company Snapshot
          7.9.3. Company Market Share Analysis
          7.9.4. Company Product Portfolio
          7.9.5. Recent Developments
          7.9.6. SWOT Analysis
    7.10. Smith and Nephew Plc,
          7.10.1. Business Overview
          7.10.2. Company Snapshot
          7.10.3. Company Market Share Analysis
          7.10.4. Company Product Portfolio
          7.10.5. Recent Developments
          7.10.6. SWOT Analysis
    7.11. Johnson & Johnson
          7.11.1. Business Overview
          7.11.2. Company Snapshot
          7.11.3. Company Market Share Analysis
          7.11.4. Company Product Portfolio
          7.11.5. Recent Developments
          7.11.6. SWOT Analysis
    7.12. Stryker Corporation
          7.12.1. Business Overview
          7.12.2. Company Snapshot
          7.12.3. Company Market Share Analysis
          7.12.4. Company Product Portfolio
          7.12.5. Recent Developments
          7.12.6. SWOT Analysis
    7.13. Medacta Group
          7.13.1. Business Overview
          7.13.2. Company Snapshot
          7.13.3. Company Market Share Analysis
          7.13.4. Company Product Portfolio
          7.13.5. Recent Developments
          7.13.6. SWOT Analysis
    7.14. Zimmer Biomet
          7.14.1. Business Overview
          7.14.2. Company Snapshot
          7.14.3. Company Market Share Analysis
          7.14.4. Company Product Portfolio
          7.14.5. Recent Developments
          7.14.6. SWOT Analysis
 

List of Table

1. Global Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

2. Global Fracture/Dislocation, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion)  

3. Global Arthritis, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion)

4. Global Hill Sachs Defect, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion)  

5. Global Rotator Cuff Tear Arthropathy, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion)  

6. Global Others, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion)    

7. Global Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

8. Global Shoulder Arthroplasty Trauma Devices, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

9. Global Shoulder Arthroplasty Resurfacing Implants, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

10. Global Shoulder Arthroplasty Platform Systems, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

11. Global Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

12. Global Total Shoulder Arthroplasty, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

13. Global Partial Shoulder Arthroplasty, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

14. Global Reverse Shoulder Arthroplasty, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

15. Global Revision Shoulder Arthroplasty, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

16. Global Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

17. Global Hospitals, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

18. Global Ambulatory Surgical Centers, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

19. Global Orthopedic Centers, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion)  

20. Global Others, Shoulder Arthroplasty Market, By Region, 2019-2030 (USD Billion) 

21. North America Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

22. North America Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

23. North America Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

24. North America Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

25. U.S. Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

26. U.S. Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

27. U.S. Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

28. U.S. Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

29. Canada Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

30. Canada Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

31. Canada Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

32. Canada Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

33. Mexico Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

34. Mexico Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

35. Mexico Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

36. Mexico Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

37. Europe Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

38. Europe Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

39. Europe Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

40. Europe Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

41. Germany Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

42. Germany Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

43. Germany Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

44. Germany Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

45. France Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

46. France Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

47. France Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

48. France Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

49. U.K. Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

50. U.K. Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

51. U.K. Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

52. U.K. Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

53. Italy Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

54. Italy Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

55. Italy Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

56. Italy Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

57. Spain Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

58. Spain Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

59. Spain Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

60. Spain Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

61. Asia Pacific Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

62. Asia Pacific Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

63. Asia Pacific Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

64. Asia Pacific Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

65. Japan Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

66. Japan Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

67. Japan Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

68. Japan Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

69. China Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

70. China Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

71. China Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

72. China Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

73. India Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

74. India Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

75. India Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

76. India Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

77. South America Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

78. South America Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

79. South America Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

80. South America Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

81. Brazil Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

82. Brazil Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

83. Brazil Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

84. Brazil Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

85. Middle East and Africa Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

86. Middle East and Africa Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

87. Middle East and Africa Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

88. Middle East and Africa Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

89. UAE Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

90. UAE Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

91. UAE Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

92. UAE Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

93. South Africa Shoulder Arthroplasty Market, By Indication, 2019-2030 (USD Billion) 

94. South Africa Shoulder Arthroplasty Market, By Device, 2019-2030 (USD Billion) 

95. South Africa Shoulder Arthroplasty Market, By Procedure, 2019-2030 (USD Billion) 

96. South Africa Shoulder Arthroplasty Market, By End-User, 2019-2030 (USD Billion) 

List of Figures 

1. Global Shoulder Arthroplasty Market Segmentation

2. Global Shoulder Arthroplasty Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Shoulder Arthroplasty Market Attractiveness Analysis By Indication

9. Global Shoulder Arthroplasty Market Attractiveness Analysis By Device 

10. Global Shoulder Arthroplasty Market Attractiveness Analysis By Procedure

11. Global Shoulder Arthroplasty Market Attractiveness Analysis By End-User

12. Global Shoulder Arthroplasty Market Attractiveness Analysis By Region

13. Global Shoulder Arthroplasty Market: Dynamics

14. Global Shoulder Arthroplasty Market Share By Indication (2022 & 2030)

15. Global Shoulder Arthroplasty Market Share By Device (2022 & 2030)

16. Global Shoulder Arthroplasty Market Share By Procedure (2022 & 2030)

17. Global Shoulder Arthroplasty Market Share By End-User (2022 & 2030)

18. Global Shoulder Arthroplasty Market Share By Regions (2022 & 2030)

19. Global Shoulder Arthroplasty Market Share By Company (2021)

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global shoulder arthroplasty based on below mentioned segments:

Global Shoulder Arthroplasty Market by Indication:

  • Fracture/Dislocation
  • Arthritis
  • Hill Sachs Defect
  • Rotator Cuff Tear Arthropathy
  • Others

Global Shoulder Arthroplasty Market by Device:

  • Shoulder Arthroplasty Trauma Devices
  • Shoulder Arthroplasty Resurfacing Implants
  • Shoulder Arthroplasty Platform Systems

Global Shoulder Arthroplasty Market by Procedure:

  • Total Shoulder Arthroplasty
  • Partial Shoulder Arthroplasty
  • Reverse Shoulder Arthroplasty
  • Revision Shoulder Arthroplasty

Global Shoulder Arthroplasty Market by End-User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Orthopedic Centers
  • Others

Global Shoulder Arthroplasty by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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