Advances in technology have driven significant transformations in the healthcare sector, with shoulder replacement being one of the key imperative areas. As the preference of patients go beyond surgical therapies and medicines to be palliative, instead of curative, developments in the shoulder replacement therapies are becoming evident since the recent past. A slew of macro-economic aspects including increasing geriatric population, and growing number of surgeries are expected to influence growth of the shoulder replacement market. These insights have been gleaned from the report titled "Shoulder Replacement Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027," included recently in Market Research Hub’s (MRH) vast repository. Growth of the shoulder replacement market is expected to remain influenced by the waves of innovation, abreast the rise of advanced surgical methods that are making headway towards realization of faster recovery and reduced pain. Key advanced surgeries such as the reverse shoulder replacement procedure are gaining fast traction among patients affected with tumors, rotator cuffs, and glenohumeral arthritis, which in turn is expected to drive growth of the shoulder replacement market in the foreseeable future. Hospitals will continue to spearhead the shoulder replacement market, accounting for the largest share of the market during the forecast period. However, gains are expected to grow at a relatively faster rate from the ambulatory surgical centers (ASCs), in light of greater patient satisfaction ensued from shorter stays and lower infection rates associated with these settings.
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Shoulder Replacement Market: Scope of the Research
This report analyzes the most influential dynamics of the shoulder replacement market, along with relevant data and statistics for historic as well as the forecast period considered while developing the report. Key trends, drivers, restraints, and opportunities for growth of the shoulder replacement market, at a global and regional level have been identified and analyzed in detail. The report begins with a section of executive summary which lists the imperative aspects governing expansion of the shoulder replacement market, and offers important market numbers in terms of value (US$ Mn).
The report further offers an overview of the shoulder replacement market, which involves a brief introduction to the market along with an accurate definition of the target research area ‘shoulder replacement.’ The study also offers analysis of the shoulder replacement market on the basis of segmentation, wherein the market is categorized in terms of procedure, end-user, and region. Important numbers such as market share comparison, Y-o-Y growth, and revenue comparison of all the market segments identified have been given in these sections of the report.
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Shoulder Replacement Market: Research Approach
A systematic approach, involving extensive primary interviews with the market leaders and comprehensive secondary research by analysts, backs the intelligence on the shoulder replacement market rendered in this report. A bottom-up & top-down approach has been used to carry out research on shoulder replacement market.
Primary interviews have been conducted with leading industry players and opinion leaders in the shoulder replacement industry, whereas the secondary sources include company websites, journals, publications, blogs, investor presentations and press releases. This report will help the clients in making winning decisions for their business in shoulder replacement landscape.
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