This market research analysis by Technavio presents a comprehensive analysis of the key geographies, including regions like the Americas, APAC, and EMEA. The top vendors analyzed in this report are DePuy Synthes, Exactech, Wright Medical Technology, and Zimmer-Biomet.
Technavio has released a new market research report on the global reverse shoulder arthroplasty market, which is expected to grow at a CAGR of 12% between 2016 and 2020. The ability of reverse shoulder arthroplasty techniques to help in the better segregation of human cells onto the bone is a critical factor that incites growth in this market during the forecast period. The Americas account for 64% of the global reverse shoulder replacement market, thanks to the introduction of stringent healthcare reforms in the US region, which compels hospitals to buy high-quality products and provide proper treatment to patients,
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“One of the key trends gaining significance in this market is the augmented use of convertible shoulder implants. Due to the high popularity of reverse shoulder arthroplasty techniques, many vendors are now focusing on the development of reverse shoulder arthroplasty implants. Since these implants help to facilitate hand movement after surgery, their augmented adoption by patients will result in market growth during the predicted period,” says Brahadeesh Chandrasekaran, Lead Analyst, Healthcare & Lifesciences, Technavio Research.
The focus of orthopaedic surgical technology toward bone preservation has opened new avenues for the development of stemless shoulder arthroplasty. Stemless shoulder arthroplasty supports humeral bone stock preservation. This helps reduce complications such as intraoperative humerus fracture in cases where humeral stem is removed during the arthroplasty. This technology also provides significant pain relief by glenoid resurfacing and better function management in the long term. Moreover, stemless arthroplasty with complete elimination of the stem provides high bone preservation during revision.
The key players in the global reverse shoulder arthroplasty market include DePuy Synthes, Exactech, Wright Medical Technology, and Zimmer-Biomet. This market is extremely consolidated and is primarily dominated by vendors like DePuy Synthes and Wright Medical Technology. Since this market offers tremendous growth opportunities, the level of competition among providers is anticipated to increase with time. Consequently, the large vendors in this market have to form alliances with smaller players as it will help them to boost their revenue generating capacity.
A more detailed analysis is available in the Technavio report, Global Reverse Shoulder Arthroplasty Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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