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The shoulder reconstruction device market, was the fastest growing segment within the orthopedic small bone & joint market in 2014. This trend is attributed to the prevalence of shoulder arthroplasty procedures in the U.S. due to increased surgeon experience and education, as well as improved device technology resulting in greater patient outcomes. Therefore, surgeons are increasingly making use of more expensive reversed shoulder devices for cases of both arthritis and fracture.
“The rapid uptake of arthroplasty devices due to increased surgeon experience and education, as well as improved device technology, will result in greater patient outcomes,” explains Dr. Kamran Zamanian, CEO of iData. “As a result, the shoulder market is seeing high procedure and unit sales number growth; however, market growth is slightly diminished due to capitated pricing.”
The majority of procedures and market value reside with the reconstruction device segment due both to the higher unit sales numbers and the much higher average selling price (ASP) that the segment commands. The largest sub-segment within this market in 2014 was the reversed shoulder implant market due to its higher ASP compared to all other sub-segments except revision implants. The reversed implant segment has also experienced strong growth due to surgeons using these devices to fix previously failed surgeries as well as leveraging device efficacy in cases with multiple ailments such as arthritis, rotator cuff tears and instability.
Other key findings from the iData Research report entitled U.S. Market for Small Bone and Joint Orthopedic Devices – 2015:
Trauma Usage of Devices
Anatomic, hemi and increasingly reversed implants are being used to treat fractures of the proximal humerus. This is expanding the usage for the high ASP reconstructive devices, which will allow greater market penetration.
DePuy Synthes remains the market leader of the shoulder reconstructive market with over 20% market share. However, DePuy Synthes is expected to lose market share to their competitors unless they further expand their current product line in the shoulder reconstruction market.
Other notable competitors in the shoulder reconstruction device market include Biomet, Tornier, Zimmer, DJO, Exactech, Arthrex, Smith & Nephew, Wright Medical, Nutek, Arthrosurface, and Lima among others.
For Further Information
More on the shoulder reconstruction device market in the U.S. can be found in the report series published by iData entitled U.S. Market for Small Bone and Joint Orthopedic Devices. This report covers the U.S. markets for shoulder reconstruction devices, elbow repair devices, hand & wrist devices, foot & ankle devices, and staple fixations.
The iData series on the market for small bone and joint orthopedic devices covers the U.S., Brazil, China, Japan, India, U.K., Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, and Switzerland. Full reports also provide a comprehensive analysis including units sold, procedure numbers, market value, forecasts, as well as detailed competitive market shares and analysis of major players’ success strategies in each market and segment.
Register online or email us at [email protected] for a U.S. Market for Small Bone and Joint Orthopedic Devices report brochure and synopsis.
About Procedure Tracker
Procedure number data is available from iData’s Procedure Tracker service, which allows subscribers to define and analyze procedure data segmented by country, region, hospital, surgery centre, and physician. A customizable dashboard sorts procedure data for further analysis and research.
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