DelveInsight’s latest report on ‘“Shoulder Replacement Devices Market Insights, Competitive Landscape and Market Forecast 2026”' report covers an in-depth understanding of the historical and forecasted market size, share, and trends in the seven major markets (i.e. the US, EU5 (Germany, Spain, Italy, France, and the United Kingdom) and Japan.
Shoulder Replacement Devices Market
Global Shoulder Replacement Devices Market was valued at USD 1.68 billion in 2020, growing at a CAGR of 7.27% during the forecast period from 2021 to 2026, to reach USD 2.54 billion by 2026.
As per DelveInsight, the demand for Shoulder Replacement Devices is primarily attributed to the rapid success rate and increase in the number of surgeries due to advancements in technology, the rising popularity of reverse total shoulder arthroplasty for rotator cuff arthropathy in the growing geriatric population.
Key Companies in the Global Shoulder Replacement Devices Market Includes:
Some of the key market players operating in the Shoulder Replacement Devices market include Wright Medical Group, Inc., Tornier, Integra LifeSciences Corporation, Zimmer Biomet, Johnson & Johnson (DePuy Synthes), Arthrex, Inc., Smith and Nephew, Conmed Corporation, DJO Global, Evolutis, Exactech, Stryker Corporation, Limacorporate S.p.A., B. Braun Melsungen AG, Elite Surgical, Baumer, and others.
Shoulder Replacement Devices Drivers
- Growing life expectancy for the population
- Increasing cases of arthritis due to a sedentary lifestyle
- Increasing awareness of the availability of cost-effective shoulder injury-related therapies
Shoulder Replacement Devices Market Insights
- The report covers the Shoulder Replacement Devices Market outlook across 7MM and evaluates how the market is expected to rise during the study period (2018 to 2026), at a significant CAGR.
- Additionally, it analyses the Shoulder Replacement Devices market drivers, barriers, future opportunities, product description, and regulatory milestones.
- The report provides a brief competitive analysis of Shoulder Replacement Devices. The competitive analysis will help to understand the competition in the market and of the products.
Key Highlights of Shoulder Replacement Devices Market Report
- The report presents a detailed insight into the patient population eligible for Shoulder Replacement Devices in the seven major markets. Additionally, it comprehensively analyzes the available devices and also the devices expected to enter the market in the coming years.
- The report provides a descriptive overview of the Shoulder Replacement Devices explaining its applications, working mechanism, etc.
- It reviews the detailed historical and forecasted Shoulder Replacement Devices market size and share including assessing the outreach in 7 MM. Overall the report will help in developing business strategies by understanding trends shaping and driving the market.
For more details, visit: Shoulder Replacement Devices Market Trends