Shoulder Replacement Market By Procedure Type (Total Shoulder Arthroplasty (TSA), Reverse Shoulder Arthroplasty), By Implant Design (Anatomic Shoulder Replacement, Reverse Shoulder Replacement), By Implant Material (Metal Implants, Polyethylene Implants), Region for 2024-2031

Shoulder Replacement Market Valuation – 2024-2031

Rising healthcare spending by both individuals and governments is making sophisticated medical treatments more affordable. Expanded insurance coverage and reimbursement guidelines are increasing patient access to shoulder replacement surgeries, propelling market expansion. Thus, increasing healthcare spending is surging the growth of market size surpassing USD 1.95 Billion in 2024 to reach a valuation of USD 3.3 Billion by 2031.

Lifestyle factors such as obesity and sedentary lifestyles are contributing to the prevalence of shoulder conditions like osteoarthritis. Obesity, in particular, places additional stress on joints, accelerating joint deterioration and the need for shoulder replacement surgery. Thus, obesity and sedentary lifestyles are enabling the growth of market to grow at a CAGR of 7.50% from 2024 to 2031.

Shoulder Replacement MarketDefinition/ Overview

Shoulder replacement surgery involves substituting the bones of the shoulder joint with artificial joint components, commonly referred to as implants. This procedure can be performed either partially or completely, depending on the extent of damage to the glenohumeral joint. The prosthetic implants used in shoulder replacement are typically composed of metal and polyethylene. Shoulder joint replacement has proven to be an effective treatment for individuals suffering from osteoarthritis and other debilitating shoulder conditions, especially when nonsurgical treatments have failed to provide relief.

Total shoulder replacement arthroplasty is a well-established surgical procedure aimed at restoring comfort and function to an arthritic shoulder. During this surgery, the arthritic ball of the shoulder joint is replaced with a smooth metal ball that is fixed to the arm bone (humerus) using a stem that fits within the bone. The arthritic socket (glenoid) is resurfaced with a high-density polyethylene prosthesis. Among the various surgical options available, total shoulder replacement offers the most rapid and comprehensive improvement in both comfort and function for shoulders affected by arthritis.

The success of shoulder replacement surgery relies heavily on the technical precision of the procedure and the patient’s commitment to a postoperative exercise program designed to achieve the desired range of motion. By following a structured rehabilitation plan, patients can maximize the benefits of the surgery, attaining significant relief from pain and a marked improvement in shoulder mobility. Overall, shoulder replacement surgery stands out as a highly effective intervention for those struggling with severe shoulder joint issues, offering a renewed quality of life through enhanced joint functionality.

How do the Rising Geriatric Population and Increasing Frequency of Shoulder Injuries Surge the Growth of the Shoulder Replacement Market?

The increasing aging population globally acts as a boon for the shoulder replacement market. As people live longer, age-related shoulder disorders such as rheumatoid arthritis and osteoarthritis become more prevalent. Older adults, who are more susceptible to shoulder joint degeneration, increasingly require shoulder replacement surgeries to manage pain and restore mobility. In addition to age-related conditions, the rising frequency of shoulder injuries due to trauma, sports activities, and work-related risks is contributing to market growth. These injuries often lead to chronic pain and functional impairment, necessitating shoulder replacement surgery to restore joint function and alleviate discomfort. For instance, according to the , in the United States, the prevalence of upper limb pain among adults increases with age, rising from 16.2% in the 18–29 age group to 24.1% among those aged 30–44. This percentage further increases to 37.9% for individuals aged 45–64 and reaches 42.0% for those aged 65 and older.

Advancements in implant technology are also contributing to the growth of the shoulder replacement market. Continuous innovation in implant design, materials, and surgical techniques has led to improved outcomes and higher patient satisfaction. Modern implants offer better stability, longevity, and range of motion, making shoulder replacement surgeries more effective and appealing to patients. Furthermore, there is a growing awareness among patients about the benefits of shoulder replacement surgeries. As people become more proactive in seeking treatment for shoulder dysfunction and pain, the demand for these procedures is increasing. Patients are increasingly aware that shoulder replacement surgeries can significantly improve mobility, reduce pain, and enhance overall quality of life.

Technological advancements in surgical tools and instruments have also contributed to the growth of the shoulder replacement market. Innovations in robotic-assisted surgery, navigation systems, and surgical instruments have enhanced the precision and accuracy of shoulder replacement procedures. These technologies enable surgeons to perform minimally invasive surgeries, which result in less tissue damage and quicker recovery times, thereby increasing patient acceptance and adoption of these procedures. The expansion of healthcare infrastructure, particularly in emerging economies, has further fueled market growth. Improved healthcare facilities, a greater number of skilled medical professionals, and increased healthcare expenditures have enhanced access to advanced medical treatments, including shoulder replacement surgeries.

How the High Cost of Shoulder Replacement Surgery and the Risk of Infection, and Blood Clots is Impeding the Growth of the Shoulder Replacement Market?

Shoulder replacement surgery is an expensive procedure, encompassing costs beyond just the implant itself. Patients face substantial expenses related to hospital stays, surgeon fees, rehabilitation, and pain medication, which can pose a significant financial burden, particularly for those with limited insurance coverage. For instance, in Hyderabad, the average cost of shoulder replacement surgery generally ranges from ₹3 lakhs to ₹8 lakhs. This variation in cost depends on several factors, including the type of procedure, the severity of the condition, the quality of hospital amenities, and the proficiency of the surgeon. Despite the potential benefits, the inherent risks and complications associated with any surgery, including shoulder replacement, can deter some patients. These risks include infection, blood clots, nerve damage, and implant loosening, which can compromise the surgery’s success and lead to further medical interventions.

Additionally, while shoulder replacement surgery has demonstrated positive outcomes in many cases, the availability of long-term data on implant durability and the effectiveness of various surgical techniques remains limited. This lack of comprehensive long-term evidence can create uncertainty for both patients and surgeons, influencing the decision-making process. Moreover, shoulder replacement is not suitable for everyone. Factors such as age, overall health, and the severity of joint damage play a critical role in determining candidacy for the procedure, thereby limiting the potential market size.

Non-surgical alternatives, such as pain management, physical therapy, and cortisone injections, offer relief for some patients experiencing shoulder pain. These options can delay or, in some cases, eliminate the need for surgical intervention, further impacting the demand for shoulder replacement surgery. Furthermore, the success of shoulder replacement surgery heavily depends on a rigorous rehabilitation program. Following the procedure, patients must commit to dedicated physical therapy to regain strength, mobility, and range of motion. This requirement for extensive rehabilitation can be a significant hurdle, particularly for those who may struggle with the commitment or face barriers to accessing consistent physical therapy.

Category-Wise Acumens

How the Degenerative Joint Diseases of Shoulder and Advancements in Implants are Surging the Growth of the Anatomic Shoulder Replacement Segment?

Anatomic Shoulder Replacement is showing significant growth in the Shoulder Replacement Market. Arthroplasty has proven to be one of the most reliable treatment options for degenerative joint diseases of the shoulder. Over the past 60 years, there have been significant advancements in implant designs to address initial challenges in arthroplasty, such as restoring function and preventing implant loosening. For instance, according to report among individuals with osteoarthritis (OA), 43% are aged 65 or older, and 88% are aged 45 or older. The annual incidence of knee OA is highest among those aged 55 to 64. Notably, more than half of individuals with symptomatic knee OA are younger than 65.

Despite the rise of reverse shoulder arthroplasty (RSA) as the most commonly performed type of shoulder replacement in major countries like the United States and the United Kingdom, total anatomical shoulder arthroplasty (TSA) remains a well-established treatment for osteoarthritis in patients with a competent rotator cuff. Patients with osteoarthritis who undergo TSA now expect lasting and significant improvements in pain and function. The demonstrated efficacy of anatomical shoulder arthroplasty suggests that it will gain more attention in the future.

How the Increasing Demand for Surgery’s effectiveness Fostering the Growth of the Reverse Shoulder Arthroplasty Segment?

The Reverse Shoulder Arthroplasty (RSA) segment has emerged as the dominant force in the Shoulder Replacement Market. This rise in popularity is attributed to the surgery’s effectiveness and its ability to preserve the deltoid muscle, which is crucial for shoulder function. RSA utilizes a specific class of artificial joints designed to restore function to shoulders that have been severely damaged. These prostheses consist of three main componentsa stem that is inserted into the humerus bone, a glenoid or socket, and an upper arm component. Unlike anatomic shoulder replacements, where the ball joint is positioned behind the shoulder, RSA places the ball joint above the shoulder. This unique design significantly enhances the stability of the shoulder and provides a wider range of motion for the arm, making it a preferred choice for patients with severe shoulder issues. The ability of RSA to improve functionality and mobility in patients who might otherwise have limited options has solidified its position as a leading treatment in shoulder arthroplasty.

Gain Access to Shoulder Replacement Market Report Methodology

Country/Region-wise Acumens

How the Robust Infrastructure and Sophisticated Surgical Procedures are Surging the Growth of the Shoulder Replacement Market in North America?

The North American region leads the Shoulder Replacement Market and is projected to maintain its dominance throughout the forecast period. This leadership is driven by the presence of major international companies within the medical device industry, positioning the United States and Canada as key hotspots for medical innovation and development. The advanced healthcare systems in these countries further fuel market growth by providing the infrastructure necessary to support sophisticated surgical procedures.

The rising healthcare expenditure in North America. Both the United States and Canada allocate a substantial portion of their GDP to healthcare, facilitating greater investment in advanced medical technologies such as joint replacements. This financial commitment enables the adoption of cutting-edge implants and surgical techniques, enhancing the overall quality and accessibility of shoulder replacement procedures.

Moreover, the emphasis on maintaining active lifestyles across North America, even into older age, has increased the demand for shoulder replacement surgeries. Many individuals prioritize mobility and physical activity, and shoulder replacement surgery allows them to regain function and engage in their desired activities. This focus on active living drives the adoption of surgical interventions to treat debilitating shoulder conditions.

Technological advancements also play a crucial role in the growth of the shoulder replacement market in North America. Continuous innovations in implant design, the development of minimally invasive surgical techniques, and improvements in pain management protocols significantly enhance surgical outcomes and patient recovery. These advancements make shoulder replacement surgery a more attractive and viable option for patients, thereby boosting market growth.

How the Rising Healthcare Expenditures and Increasing Geriatric Population is Escalating the Growth of Shoulder Replacement Market in Asia Pacific?

Asia Pacific is emerging as the fastest-growing region in the Shoulder Replacement Market, fueled by increased healthcare spending and favorable demographic trends. The region’s rising healthcare expenditures are translating into significant growth opportunities for both multinational corporations (MNCs) and local medical device players. This trend is supported by an aging population and rising disposable incomes, which have transformed the Asia Pacific into a burgeoning hub for various industries, particularly healthcare.

Moreover, the region’s attractiveness is amplified by the growing trend of medical tourism, driven by lower treatment costs compared to Western countries and supportive government regulations that incentivize domestic companies. This environment has enhanced the appeal of Asia Pacific as a lucrative market for shoulder replacement surgeries, particularly in the category of implant types.

The increasing prevalence of chronic diseases and musculoskeletal disorders among the aging population has heightened the demand for advanced orthopedic treatments like shoulder replacements across the Asia Pacific. As healthcare infrastructure continues to develop and regulatory frameworks evolve to support innovation, foreign investments in the region’s medical device sector are expected to expand further.

Competitive Landscape

The shoulder replacement market is a dynamic space driven by innovation, value-based care, and strategic partnerships. While major medical device companies hold a dominant position, emerging players with niche solutions and a focus on cost-effectiveness can carve out a space in this competitive landscape.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the shoulder replacement market include

• Johnson & Johnson
• Stryker Corporation
• Zimmer Biomet
• Exactech
• Waldemar Link GmbH & Co. KG
• Arthrex, Inc.
• Aesculap AG (a subsidiary of B. Braun SE)
• DJO Global, Inc.
• Osteonics Corporation

Shoulder Replacement Market Latest Developments

• In August 2021, Smith Nephew announced the launch of new total ankle and total shoulder replacement technologies as well as showcase its freshly enlarged extremities portfolio during the American Academy of Orthopaedic Surgeons’ 2021 Annual Meeting in San Diego.
• In July 2021, Stryker’s Tornier shoulder arthroplasty portfolio was announced, together with the Tornier Perform Humeral System.
• In March 2023, Geisinger Health Plan and Medacta Group SA, a Swiss business that specializes in sustainable joint replacement, sports medicine, and spine treatments, announced the first-ever lifetime guarantee for a lumbar spinal fusion procedure.
• In August 2021, The American Academy of Orthopedic Surgeons’ 2021 Annual Meeting will be held in San Diego. Smith Nephew will display its newly expanded extremities range, as well as innovative ankle and shoulder replacement technologies.
• In August 2021, Johnson and Johnson revealed the ENHANCE Shoulder System, a fully integrated shoulder arthroplasty system. It enables doctors to simply swap between stemless and stemmed implants during surgical procedures.

Report Scope

Shoulder Replacement Market, By Category

Procedure Type

• Total Shoulder Arthroplasty (TSA)
• Partial Shoulder Arthroplasty
• Reverse Shoulder Arthroplasty

Implant Design

• Anatomic Shoulder Replacement
• Reverse Shoulder Replacement

Implant Material

• Metal Implants
• Polyethylene Implants

Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Research Methodology of Market Research