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For severe proximal humerus fractures, shoulder replacement surgery is done to remove the injured bone and insert an artificial implant.
Both non-cemented and cemented fixation are used, as both techniques have different advantages and disadvantages.
Humeral implants have grown from monoblock to modular implants, from diaphyseal to metaphyseal fixation, from press-fit to ingrowth non-cemented designs and from fixed to variable implants.
Humeral Implants Market: Drivers and Restraints
The global humeral implants market is anticipated to register a significant CAGR over a forecast period.
The rise in geriatric population and increased number of accidents is anticipated to boost the demand for the humeral implants and drives the global humeral implants market.
Changes in lifestyle such as lack of exercise and increased prevalence of obesity in global population are attributing to the weakening of bones, fuelling humeral implants market growth.
Increase in the adoption of advanced technologies and ongoing technological advancements also anticipated to drives the global humeral implants market.
However, high complication rates such as aseptic loosening and need of humeral revision associated with the procedures may hamper the demand for the humeral implants and restrain the growth of the global humeral implants market.
Additionally, stringent FDA policies for the approval of implants will restrain the growth of humeral implants market.
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Humeral Implants Market: Regional Outlook
On the basis of regional presence, the global humeral implants market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. Currently, North America is contributing the leading shares to the global systems humeral implants market in terms of value and anticipated to register a significant CAGR over a forecast period.
APEJ is also contributing moderate shares to the market due to the newly developed products and growing incidence of injuries is expected to show a robust growth to the global humeral implants market.
Europe is the most lucrative market for the humeral implants market. MEA is at a nascent stage to the global humeral implants market and anticipated to register a decent growth to the market over a forecast period.
Overall, the global humeral implants market is expected to show significant growth over a forecast period.
Humeral Implants Market: Key Players
Some of the major market players in humeral implants market globally include B. Braun Ireland, Arthrex, Inc., Exactech, Inc., medartis, Zimmer Biomet, Smith & Nephew plc., Stryker, Wright Medical Group, DePuy Synthes and others.
These companies are highly focused on the development of advanced humeral implants further contributing to the growth of humeral implants market globally.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
The global humeral implants market is segmented on the basis of product type and end user:
On the basis of product type, the global humeral implants market is segmented into:
- Proximal humerous implants
- Humeral shaft implants
- Distal humerous implants
On the basis of end user, the global humeral implants market is segmented into:
- Hospitals
- Ambulatory surgical centers
- Clinics
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