Asia Pacific Shoulder Arthroplasty Market Analysis (2017-2023)
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The Asia Pacific Shoulder Arthroplasty Market would witness market growth of 9.4% CAGR during the forecast period (2017 - 2023). Shoulder arthroplasty or shoulder replacement is a surgical procedure used in the replacement of damaged ball and socket joint which is located in the shoulder. The surgical procedure is conducted using a prosthesis, and it usually consists of polythene and metal components. Shoulder arthroplasty is a preferred modality and it is used in the treatment of osteoarthritis, rheumatoid arthritis, and osteonecrosis, as the procedures used have yielded great and reproducible results.
Asia-Pacific witnessed significant growth within the shoulder arthroplasties market, majorly due to rapid growth in the population suffering from various forms of arthritis. With growing investments in countries such as Japan and India for the development of shoulder arthroplasty devices would open lucrative opportunities for the expansion of the market. The shoulder arthroplasty market is segmented based on procedures, devices, indications, end users, and regions.
Based on procedures, the market is segmented into partial shoulder arthroplasty, total shoulder arthroplasty, and revision shoulder arthroplasty. Based on devices, the market is segmented into shoulder arthroplasty resurfacing implants, shoulder arthroplasty trauma devices, and shoulder arthroplasty platform systems. Based on indications, the market is segmented into arthritis, fracture dislocation, rotator cuff tear arthropathy, Hill Sachs defect, and others. Based on end users, the market is segmented into hospitals & clinics and outpatient surgical centers.
Based on geography, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the Asia Pacific Shoulder Arthroplasty Market. Key companies profiled in the report include Integra LifeSciences Corporation, DJO Global, Zimmer Biomet, Wright Medical Group, Inc. Tornier Inc., Johnson & Johnson (DePuy Synthes), Smith and Nephew Plc, Arthrex, Inc., Conmed Corporation, Evolution, and Exactech, Inc.