Technavio’s latest market research report on the global
shoulder arthroplasty market provides an analysis of the most
important trends expected to impact the market outlook from
2018-2022. Technavio defines an emerging trend as a factor
that has the potential to significantly impact the market and
contribute to its growth or decline.
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Technavio has published a new market
research report on the global shoulder arthroplasty market from
2018-2022. (Graphic: Business Wire)
According to Technavio analysts, the global shoulder
arthroplasty market will grow at a CAGR of over 6%
during the forecast period. The growing prevalence of arthritis
along with the increasing geriatric population is a major factor
driving the market’s growth.
Arthritis is the most common disease that affects the geriatric
population. Osteoporosis, osteoarthritis, bone fractures, and
infections are usually prevalent among older adults. With aging,
bones and tissues become fragile, cartilages become less resilient,
ligaments lose their elasticity, and muscular strength reduces.
This hinders the normal functioning of tissues. Arthropathies and
fractures in the shoulder joint can severely affect hand movement.
Also, sudden falls can lead to multiple fractures. The incidence of
arthritis has been increasing across the globe.
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In this report, Technavio highlights the growing utilization of
robotics in surgeries as one of the key emerging trends driving the
global shoulder arthroplasty market:
Growing utilization of robotics in
surgeries
Robotics is increasingly being utilized to improve surgical
outcomes for patients. The use of robotics in surgeries reduces
hospital stays and lowers the rate of complications. It also
assists the surgeons in performing surgical procedures with more
precision, accuracy, flexibility, and control when compared with
conventional techniques. Owing to these benefits, robotic surgeries
are preferred over traditional laparoscopic surgeries and open
surgeries. But, a few factors restrict the use of robotics in
surgeries such as increased intraoperative time, the high cost of
robotic surgery, and the associated burden of training.
Robotic surgeries are performed with the help of specialized,
trained nurses and surgeons. Robotic techniques improve the
visibility of the surgical site and thus enhance accuracy. They are
being used for orthopedic surgeries for more than a decade.
However, this technique is still considered an innovative
technology that does not have a defined role in clinical practice.
Shoulder arthroplasty needs accurate implant positioning to achieve
long-lasting surgical effects.
“Robotic surgeries allow high levels of
precision, small incisions, less scarring, improved shoulder
movement, and a quick recovery. Therefore, robotic surgical
techniques are being widely accepted in hospitals and ASCs because
they allow surgeons to perform delicate and complex surgeries with
few complications that assist in quick recovery. The rising
utilization of robotic surgical techniques in shoulder arthroplasty
will lead to the increased usage of advanced shoulder arthroplasty
devices,” says a senior analyst at Technavio for research on
orthopedics and medical devices.
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Global shoulder arthroplasty market
segmentation
This market research report segments the global shoulder
arthroplasty market into the following end-users (hospitals and
ASCs) and key regions (the Americas, APAC, and EMEA).
Shoulder arthroplasty implants and prostheses are widely
accepted in the market. Leading hospitals that are equipped with
modern healthcare facilities often purchase these devices for
better surgical outcomes, pain relief, and improved shoulder
mobility. The number of ASCs has been rapidly increasing in
developed countries such as the US and Canada as these centers are
concentrating on providing modern and customized healthcare
services.
In 2017, the Americas was the largest revenue contributor to the
global shoulder arthroplasty market and held a market share
of close to 57%. However, the market in APAC is expected to grow at
the fastest rate during the forecast period because of the presence
of several emerging countries in the region. The market in the
Americas is expected to grow at a slower pace when compared with
the markets in the other two regions.
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version on businesswire.com: http://www.businesswire.com/news/home/20180219005167/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com