Shoulder Replacement Market Is Expected To Register Highest CAGR Of 7.8% During The Forecast Period 2017–2025:Persistence Market Research
Shoulder Replacement Market Is Expected To Register Highest CAGR Of 7.8% During The Forecast Period 2017–2025:Persistence Market Research
Published by Persistence MarketResearch
Posted on October 11, 2021
The Shoulder Replacement Market will witness a CAGR of 7.8% by reaching US$ 2898.2 Million from 2025. The new-fangled healthcare electronic technologies like 3D printing, GPS tracking, and wearable biometric devices are being tested concerning clinical use. Cutting-edge technology is expected to be one of the driving forces in the healthcare industry in the subsequent decade.
The shoulder replacement market is expected to witness robust growth and is anticipated to grow across important regional markets in the coming years. Persistence Market Research has captured the rhythm of the global shoulder replacement market and has represented it in an insights format in a new research publication titled “Shoulder Replacement Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).”
This research study focuses on the impact of drivers, challenges, restraints, trends and opportunities on the global shoulder replacement market during the period 2017 to 2025. A detailed segmentation is covered in the report, which helps in estimating the value and volume projections during the period 2017 to 2025.
The main factors boosting the growth of the global shoulder replacement market are – the rising number of surgeries, the technological advancements, increasing disposable income, increasing focus on cost efficiency, transparency of data, increased strategic alliances to initiate knowledge sharing, and the rising life expectancy of the population.
However, the market is not devoid of hurdles. Delayed tendering and reimbursement streamlining, poor operational environment, higher cost concerns, and increasing import duties on healthcare products could pose a threat to the growth of the global shoulder replacement market in the coming years.
Global Shoulder Replacement Market: Segmental Analysis
The global shoulder replacement market is segmented on the basis of implant type, end user and region. With respect to implant type, it is further segmented into anatomical shoulder prosthesis and reverse shoulder prosthesis.
By end user, the market is segmented into hospitals, ambulatory surgical centers and orthopedic clinics. By region, the global shoulder replacement market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and Middle East and Africa (MEA).
The anatomical shoulder prosthesis segment is expected to dominate the global shoulder replacement market by implant type, and is anticipated to register a CAGR of 8.1% during the period of forecast; the segment will show dominance by reaching a market value of about US$ 2 Bn
By region, North America is expected to dominate the global shoulder replacement market by registering high growth throughout the period of forecast as compared to other regions. Following North America, Asia Pacific also shows higher potential and is set to witness a CAGR of 7.4% during the forecast period
The hospitals segment is expected to dominate the global shoulder replacement market by end user to reflect a market value of more than US$ 1.6 Bn by the end of 2025 and is poised to grow at the highest growth rate during the forecast period. Following this segment, the ambulatory surgical centers segment also shows higher growth rate and is poised to register a CAGR of 7.8% during the forecast period
How About Obtaining Insights About The Region To Enter Concerning The Shoulder Replacement Market? Press The “Purchase Now” Button To Have Our Shoulder Replacement Market Report! https://www.persistencemarketresearch.com/checkout/17611
Global Shoulder Replacement Market: Forecast
According to Persistence Market Research, the global shoulder replacement market is expected to record a revenue growth of US$ 2.9 Bn by the end of 2025 from about US$ 1.5 Mn in 2017, reflecting a CAGR of 7.8% during the period of assessment.
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
Contact us:
Persistence Market Research
305 Broadway, 7th Floor
New York City, NY 10007
United States
The Shoulder Replacement Market will witness a CAGR of 7.8% by reaching US$ 2898.2 Million from 2025. The new-fangled healthcare electronic technologies like 3D printing, GPS tracking, and wearable biometric devices are being tested concerning clinical use. Cutting-edge technology is expected to be one of the driving forces in the healthcare industry in the subsequent decade.
The shoulder replacement market is expected to witness robust growth and is anticipated to grow across important regional markets in the coming years. Persistence Market Research has captured the rhythm of the global shoulder replacement market and has represented it in an insights format in a new research publication titled “Shoulder Replacement Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).”
This research study focuses on the impact of drivers, challenges, restraints, trends and opportunities on the global shoulder replacement market during the period 2017 to 2025. A detailed segmentation is covered in the report, which helps in estimating the value and volume projections during the period 2017 to 2025.
The main factors boosting the growth of the global shoulder replacement market are – the rising number of surgeries, the technological advancements, increasing disposable income, increasing focus on cost efficiency, transparency of data, increased strategic alliances to initiate knowledge sharing, and the rising life expectancy of the population.
However, the market is not devoid of hurdles. Delayed tendering and reimbursement streamlining, poor operational environment, higher cost concerns, and increasing import duties on healthcare products could pose a threat to the growth of the global shoulder replacement market in the coming years.
Global Shoulder Replacement Market: Segmental Analysis
The global shoulder replacement market is segmented on the basis of implant type, end user and region. With respect to implant type, it is further segmented into anatomical shoulder prosthesis and reverse shoulder prosthesis.
By end user, the market is segmented into hospitals, ambulatory surgical centers and orthopedic clinics. By region, the global shoulder replacement market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and Middle East and Africa (MEA).
The anatomical shoulder prosthesis segment is expected to dominate the global shoulder replacement market by implant type, and is anticipated to register a CAGR of 8.1% during the period of forecast; the segment will show dominance by reaching a market value of about US$ 2 Bn
By region, North America is expected to dominate the global shoulder replacement market by registering high growth throughout the period of forecast as compared to other regions. Following North America, Asia Pacific also shows higher potential and is set to witness a CAGR of 7.4% during the forecast period
The hospitals segment is expected to dominate the global shoulder replacement market by end user to reflect a market value of more than US$ 1.6 Bn by the end of 2025 and is poised to grow at the highest growth rate during the forecast period. Following this segment, the ambulatory surgical centers segment also shows higher growth rate and is poised to register a CAGR of 7.8% during the forecast period
How About Obtaining Insights About The Region To Enter Concerning The Shoulder Replacement Market? Press The “Purchase Now” Button To Have Our Shoulder Replacement Market Report! https://www.persistencemarketresearch.com/checkout/17611
Global Shoulder Replacement Market: Forecast
According to Persistence Market Research, the global shoulder replacement market is expected to record a revenue growth of US$ 2.9 Bn by the end of 2025 from about US$ 1.5 Mn in 2017, reflecting a CAGR of 7.8% during the period of assessment.
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
Contact us:
Persistence Market Research
305 Broadway, 7th Floor New York City, NY 10007 United States