The global minor orthopedic replacement implants market grew from around $1,316 million in 2013 to $1,763 million in 2018 at an annual growth rate of more than 5.5%. A major driver of the market was the increased number of advanced surgical procedures. The total number of shoulder replacement surgeries, which was the largest segment in minor orthopedics implants market at $1519 million in 2018, outpaced the number of hemiarthroplasty surgeries. Reverse shoulder replacement (reverse shoulder prosthesis) is performed for people who have lost the normal mechanics of the shoulder due to massive rotator cuff tears, and for people with failed shoulder replacements. In this surgery the position of the ball and socket joints (humeral head, glenoid socket) is reversed so that the socket joint is at the top of the humerus. Reverse shoulder replacement surgery reduces constant pain and restores shoulder function.
Reverse shoulder arthroplasty surgery has increased due to its ability to substantially reduce pain in patients with failed shoulder replacements and also in patients with damaged maximum rotator cuff tendons. These advanced surgical procedures are implemented not only in shoulder replacement, but also in other minor orthopedic joint replacements such as wrist (total wrist replacement), thus driving the global minor orthopedic replacement implants the market.
The procedure numbers for reverse shoulder arthroplasty are continuously increasing. Approximately 50% of shoulder replacements in the US, and 70% of shoulder replacements in Europe are reverse shoulder replacement surgery. The balance of shoulder replacements is total shoulder arthroplasty or hemi-arthroplasty. This is because reverse shoulder arthroplasties increase utilization to treat shoulder fracture patients, expand applications to both elderly and more active patients, and give highly successful outcomes of the procedure. Surgeons are also becoming more comfortable with the procedure.
The global minor orthopedic replacement implants market is driven by technological advances. New materials such as polyethylene are used to reduce wear and improve the longevity of the minor joint replacement implants. Pyrocarbon material, which has been used for many years in small joints is now being introduced for shoulder joint replacements. This material has improved durability. There is continued improvement in the material characteristics of the implant.
Another driver of the market is the global increase in the arthritis population. For example, in the USA, the arthritis population of 54.4 million adults in 2013-15 is expected to increase to 78.4 million by 2040. Of these 78.4 million adults, 34.6 million adults will report arthritis-based activity limitations. Older people in the USA with advanced stage arthritis are opting for joint replacement surgery to alleviate the pain, and to restore the joint movement.
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