According to a new research report by Transparency Market Research (TMR), the global market for glenoid implant systems has been observing a considerable increase in its market size. Researchers at TMR expect this market to continue rising steadily over the forthcoming years. The research study, titled “Glenoid Implant System Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” provides a detailed and exhaustive evaluation of this market, taking its previous and current performance into account. The market drivers, obstructions, prominent trends, opportunities, challenges, and the growth potential have also been examined thoroughly while carrying out this research.
As per the research report, the increasing incidence of symptomatic shoulder arthritis, augmenting awareness level in consumers, technological advancements and the rising uptake of total shoulder replacement among medical professionals are expected to boost the global market for glenoid implants.
The worldwide market for glenoid implant systems can be broadly studied on the basis of the type of the product, size, end user, and the geography. Based on the product, the market can be categorized into pegged glenoids and keeled glenoids. By size, the market can be classified into small, medium, large, and extra-large (XL). In terms of the end user, the market can be bifurcated into hospitals, clinics, and orthopedic surgery centers. Geographically, the market can be divided into Western Europe, Eastern Europe, North America, Latin America, Asia Pacific excluding Japan, Japan, and the Middle East and Africa.
The report also presents a competitive analysis of the global market for glenoid implant systems. At the forefront of this market are Smith & Nephew, Zimmer, Stryker, Tornier Inc., Exactech, Biomet, Lima Corporate, Integra LifeSciences, Arthrex Inc., and DePuy Synthes, states the research report.
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