The global shoulder replacement market is forecasted to reach $1.06 billion in 2016 after a compound annual growth rate of nine percent over the next five years, according to a GlobalData news release.
Surgeon familiarity with shoulder replacement and an increase in active lifestyle is expected to drive the increase. The global small joint implant market, valued at $214.5 million in 2009, is expected to reach $338.2 million in 2016, a seven percent increase. An increase in arthritis, increased obesity rates and technological advances are responsible for growth in the small joint implant market.
Read the GlobalData release on the shoulder replacement market.
Read other coverage on shoulder replacement:
- First United Kingdom Patient Receives PyroTITAN Shoulder Implant
- Shoulder Specialist Dr. Michael Gross Discusses Two Advances in Shoulder Surgery
- 20 Shoulder Specialists to Know
Surgeon familiarity with shoulder replacement and an increase in active lifestyle is expected to drive the increase. The global small joint implant market, valued at $214.5 million in 2009, is expected to reach $338.2 million in 2016, a seven percent increase. An increase in arthritis, increased obesity rates and technological advances are responsible for growth in the small joint implant market.
Read the GlobalData release on the shoulder replacement market.
Read other coverage on shoulder replacement:
- First United Kingdom Patient Receives PyroTITAN Shoulder Implant
- Shoulder Specialist Dr. Michael Gross Discusses Two Advances in Shoulder Surgery
- 20 Shoulder Specialists to Know