MediPoint: Shoulder Replacement – North America Analysis and Market Forecasts

2017-05-01
Price :
Published : May-2017
No. of Pages : 45

MediPoint: Shoulder Replacement – North America Analysis and Market Forecasts

Summary

The shoulder, or glenohumeral, joint is the most mobile joint in the body and is composed of the humerus and scapula. Shoulder motion and stability is achieved by the coordinated contraction of the deltoid and rotator cuff muscles. The shoulder is vulnerable to stress, injury, and arthritis that can cause the cartilage on the shoulder bones to wear away, resulting in pain, loss of motion, and crepitation. Arthritis is the most common cause of musculoskeletal disability around the world and a growing global health problem. It is driven by the growing aging global population and the need to accommodate an aging society wishing to maintain an active lifestyle.

North American shoulder replacement market was estimated at US$836.3M in 2016 across the three markets (Canada, Mexico, and US) covered in this report. By the end of the forecast period in 2023, it is estimated that the market will grow to approximately US$1,353.5M at a Compound Annual Growth Rate (CAGR) of 7.1%.

Key drivers of the shoulder replacement market in the forecast period are –
– The growing global aging population and rising prevalence of arthritis.
– Expanded indications for reverse shoulder replacement.
– Patient preference for an active lifestyle.
– Poor outcomes among younger patients resulting in revision arthroplasty.
– Sustained popularity of shoulder-intensive sports.
– Instability of the shoulder joint.
– Continued efforts from manufacturers to promote and educate patients and surgeons about shoulder implants.

The US represented the largest portion of the market in 2016, holding 96% of the regional revenue, and is expected to maintain this dominance through the forecast period with a CAGR of 7.2%. Canada and Mexico represent a smaller share of the market with slower growth rates of 4.0% and 5.6% respectively.

Shoulder replacement is the largest segment of the extremities replacement market and most companies focus on this specific joint in their extremities portfolio. In 2015, a strategic acquisition and merger created Zimmer Biomet and Wright Medical respectively, and these are currently two of the most comprehensive extremities platforms on the market. Other major players with robust shoulder portfolios include DePuy Synthes, Lima Corporate, and Stryker.

The report “MediPoint: Shoulder Replacement – North America Analysis and Market Forecasts” focuses on the market outlook for shoulder replacement devices in North America (Canada, Mexico, and US). The analysis identifies the key unmet needs in the shoulder replacement market, discusses the major drivers and barriers of adoption, and provides an in-depth understanding of physicians’ perceptions and the future outlook for this market by segment and geography.

In particular, this report provides the following –
– Overview of recent key industry events and analysis of their market impact.
– Annualized total market revenue, procedure trends, and market outlooks by segment and by region through 2023.
– Key topics covered include strategic competitor assessment, market characterization, identification of unmet needs, reimbursement considerations, evaluating market access in each region covered in the report, and implications of the emerging technologies in the market.
– Analysis of the current and future market competition in the global shoulder replacement market. Insightful review of industry drivers, barriers, and challenges.

Companies mentioned in this report: DePuy Synthes, Zimmer Biomet, Wright Medical, Stryker, Lima Corporate, Arthrex, Smith & Nephew, Exactech, Kyocera Medical, Mathys, DJO Surgical, Ingen Orthopedics, Integra LifeSciences.

Scope

– Overview of recent key industry events and analysis of their market impact.
– Annualized total market revenue, procedure trends, and market outlooks by segment and by region through 2023.
– Key topics covered include strategic competitor assessment, market characterization, identification of unmet needs, reimbursement considerations, evaluating market access in each region covered in the report, and implications of the emerging technologies in the market.
– Analysis of the current and future market competition in the North American shoulder replacement market. Insightful review of industry drivers, barriers, and challenges.

Reasons to buy

The report will enable you to –
– Develop and design your in-licensing and out-licensing strategies through a review of marketed products and technologies.
– Develop business strategies by understanding the trends shaping and driving the shoulder replacement market.
– Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the shoulder replacement market in the future.
– Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors.
– Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
– Track device sales in country-specific shoulder replacement market from 2014-2023.
– Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.

Filed in: Medical Device, Orthopedic Devices
Publisher : GlobalData
More Reports
Title Price Buy Now

Laboratory Mixer Market by product (Shaker (Rocker, Roller, Orbital Shaker), Magnetic Stirrer, Vortex Mixer, Accessories), Type, End-User (Research Labs, Pharma- Biotech, CROs, Food Labs, Environmental Testing) – Global Forecast to 2025

“The global laboratory mixers market is projected to grow at a CAGR of 3.7% during the forecast period” The global laboratory mixers market size is projected to reach USD 2.1 billion by 2025 from USD 1.7 billion in 2020, at a CAGR of 3.7%. The growth in the laboratory mixers market is majorly driven by The increasing research activity in the pharmaceutical and biotechnology industries and rising investments in R&D activities are the key factors driving the growth of this market. However, the high cost of advanced laboratory mixers and long equipment lifespan are expected to restrain the growth of this market during the forecast period. The laboratory mixers market is also faced a period of short-term negative growth, which can be attributed to factors such as a decline in the......
$4950

Peripheral Vascular Stents – Medical Devices Pipeline Assessment, 2020

Peripheral Vascular Stents - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "Peripheral Vascular Stents-Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the Peripheral Vascular Stents pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. A peripheral vascular stent is an expandable perforated tube which is inserted into a peripheral vessel to prevent blood flow constriction. Note: Certain sections in the report may be removed or altered based on the availability and relevance of data in relation to the equipment type. Scope - Extensive coverage of the Peripheral Vascular Stents under development - ......
$4000

PTA Balloon Catheters – Medical Devices Pipeline Assessment, 2020

PTA Balloon Catheters - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "PTA Balloon Catheters-Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the PTA Balloon Catheters pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. PTA Balloon Catheters segment includes Standard Balloon Catheters and PTA Peripheral DEB Catheters. A PTA Peripheral DCB Catheter is a drug-coated percutaneous transluminal angioplasty (PTA) balloon intended to prevent restenosis, or restenosis of the peripheral arteries. Standard Balloon Catheters are used to open up the arteries that are blocked by plaque build-up (atherosclerosis). ......
$4000

PTA Peripheral DCB Catheters – Medical Devices Pipeline Assessment, 2020

PTA Peripheral DCB Catheters - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "PTA Peripheral DCB Catheters-Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the PTA Peripheral DCB Catheters pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. A PTA Peripheral DCB Catheter is a drug-coated percutaneous transluminal angioplasty (PTA) balloon intended to prevent restenosis, or restenosis of the peripheral arteries. Note: Certain sections in the report may be removed or altered based on the availability and relevance of data in relation to the equipment type. Scope - Extensive coverage of the PTA Perip......
$2500

PTCA Balloon Catheters – Medical Devices Pipeline Assessment, 2020

PTCA Balloon Catheters - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "PTCA Balloon Catheters-Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the PTCA Balloon Catheters pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. Percutaneous Transluminal Coronary Angioplasty (PTCA) is a procedure that helps restore blood flow to a blocked coronary artery without the requirement of open heart surgery. Note: Certain sections in the report may be removed or altered based on the availability and relevance of data in relation to the equipment type. Scope - Extensive coverage of the PTCA Balloon Catheters un......
$4000

Tissue Heart Valves – Medical Devices Pipeline Assessment, 2020

Tissue Heart Valves - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "Tissue Heart Valves-Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the Tissue Heart Valves pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. Tissue heart valve are a combination of tissue and synthetic biomaterials with the tissue itself being flexible. Bovine and porcine valves are included here. Note: Certain sections in the report may be removed or altered based on the availability and relevance of data in relation to the equipment type. Scope - Extensive coverage of the Tissue Heart Valves under development - The report......
$4000

Cardiovascular Surgery Devices – Medical Devices Pipeline Assessment, 2020

Cardiovascular Surgery Devices - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "Cardiovascular Surgery Devices - Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the Cardiovascular Surgery Devices pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. Cardiovascular surgery devices include devices used in cardiovascular surgeries such as coronary artery bypass surgery. Note: Certain sections in the report may be removed or altered based on the availability and relevance of data in relation to the equipment type. Scope - Extensive coverage of the Cardiovascular Surgery Devices under development - Th......
$4000

Coronary Stents – Medical Devices Pipeline Assessment, 2020

Coronary Stents - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "Coronary Stents - Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the Coronary Stents pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. A stent is an expandable perforated tube that is inserted into a natural conduit of the body to prevent or counteract a disease-induced localized flow constriction. Note: Certain sections in the report may be removed or altered based on the availability and relevance of data in relation to the equipment type. Scope - Extensive coverage of the Coronary Stents under development - The report review......
$4000

ECG Monitoring Equipment – Medical Devices Pipeline Assessment, 2020

ECG Monitoring Equipment - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "ECG Monitoring Equipment - Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the ECG Monitoring Equipment pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. Electrocardiogram (ECG) Monitoring Equipment records the electrocardiogram (ECG) and is used to evaluate 10 seconds (or a specific time interval) of electrical activity of the heart so a physician can determine the condition of a patient's heart. Note: Certain sections in the report may be removed or altered based on the availability and relevance of data in relation to the......
$4000

Electrophysiology Ablation Catheters – Medical Devices Pipeline Assessment, 2020

Electrophysiology Ablation Catheters - Medical Devices Pipeline Assessment, 2020 Summary GlobalData's Medical Devices sector report, "Electrophysiology Ablation Catheters - Medical Devices Pipeline Assessment, 2020" provides comprehensive information about the Electrophysiology Ablation Catheters pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress. An Electrophysiology Ablation Catheter contains an electrode on one end which emits RF waves to destroy a small area of heart tissue in the abnormal conduction pathway, blocking further channeling of the impulses causing the heart's abnormal rhythm. Note: Certain sections in the report may be removed or altered based on the availability a......
$4000
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy