Shoulder Replacement Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Procedure, By End-User, By Region and Competition, 2020-2030F
The Global Shoulder Replacement Market was valued at USD 1.68 billion in 2024 and is projected to reach USD 2.54 billion by 2030, growing at a CAGR of 7.13% during the forecast period. This market, a key segment of the orthopedic medical device industry, centers on the development and supply of shoulder implant systems and associated surgical tools. It primarily serves patients dealing with joint-related conditions such as osteoarthritis, rheumatoid arthritis, traumatic injuries, and rotator cuff disorders. The market is witnessing strong momentum due to a rising geriatric population and the increasing prevalence of arthritis-related conditions. Data from the National Institute for Health and Care Research (NIHR) in 2021 revealed that 90% of shoulder replacements last over a decade, reinforcing patient confidence and market expansion. Furthermore, according to World Population Prospects, individuals aged 65 and above are expected to grow from 727 million in 2020 to 1.5 billion by 2050, driving the demand for advanced orthopedic interventions like shoulder replacements.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 1.68 Billion
Market Size 2030
USD 2.54 Billion
CAGR 2025-2030
7.13%
Fastest Growing Segment
Anatomical Shoulder Prosthesis
Largest Market
North America
Key Market Drivers
Aging Population
Demographic changes, especially the aging population, are significantly influencing the global healthcare system, including the orthopedic sector. The number of elderly individuals is increasing due to lower birth rates and higher life expectancy. With age, people face a higher likelihood of musculoskeletal conditions, often requiring interventions such as shoulder replacements. These aging demographics also lead to increased healthcare spending for age-associated ailments. According to the World Health Organization, by 2030, one in six people globally will be aged 60 or older, and this number is projected to reach 2.1 billion by 2050, thereby reinforcing the growth trajectory of the shoulder replacement market.
Key Market Challenges
Cost Constraints
One of the major hurdles facing the shoulder replacement market is the high cost associated with surgical procedures. These costs include hospital stays, implant devices, anesthesia, surgeon fees, and follow-up care. In many regions, limited insurance coverage and high out-of-pocket expenses further compound the issue, making affordability a critical barrier to market penetration. As a result, economic constraints may restrict access to shoulder replacement surgeries for a segment of the population.
Key Market Trends
Rise of Personalized Implants
A notable trend shaping the shoulder replacement industry is the increasing adoption of personalized implants. Innovations in 3D printing and computer-aided design (CAD) are enabling the development of implants that are customized to an individual's anatomical structure. These patient-specific solutions enhance fit and function, minimize complications, and improve surgical outcomes, positioning them as a transformative force within the market.
Key Market Players
Arthrex Inc
Zimmer Biomet Holdings Inc
Integra LifeSciences Corporation
Johnson & Johnson Services, Inc.
Smith & Nephew PLC
Wright Medical Group NV
Stryker Corporation
DJO Global Inc
Acumed Inc
Exactech Inc
Report Scope:
In this report, the Global Shoulder Replacement Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Shoulder Replacement Market, By Type:
Anatomical Shoulder Prosthesis
Reverse Shoulder Prosthesis
Shoulder Replacement Market, By Procedure:
Resurfacing Hemiarthroplasty
Reverse Total Shoulder Replacement
Stemmed Hemiarthroplasty
Total Shoulder Replacement
Shoulder Replacement Market, By End-User:
Hospitals
Orthopedic Centers
Others
Shoulder Replacement Market, By Region:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Asia-Pacific
China
Japan
India
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Shoulder Replacement Market.
Available Customizations:
Global Shoulder Replacement market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Shoulder Replacement Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Anatomical Shoulder Prosthesis, Reverse Shoulder Prosthesis)
5.2.2. By Procedure (Resurfacing Hemiarthroplasty, Reverse Total Shoulder Replacement, Stemmed Hemiarthroplasty, Total Shoulder Replacement)
5.2.3. By End-User (Hospitals, Orthopedic Centers, Others)
5.2.4. By Region
5.2.5. By Company (2024)
5.3. Product Market Map
5.3.1. By Type
5.3.2. By Procedure
5.3.3. By End-User
5.3.4. By Region
6. North America Shoulder Replacement Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Anatomical Shoulder Prosthesis, Reverse Shoulder Prosthesis)
6.2.2. By Procedure (Resurfacing Hemiarthroplasty, Reverse Total Shoulder Replacement, Stemmed Hemiarthroplasty, Total Shoulder Replacement)
6.2.3. By End-User (Hospitals, Orthopedic Centers, Others)
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Shoulder Replacement Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Procedure
6.3.1.2.3. By End-User
6.3.2. Canada Shoulder Replacement Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Procedure
6.3.2.2.3. By End-User
6.3.3. Mexico Shoulder Replacement Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Procedure
6.3.3.2.3. By End-User
7. Europe Shoulder Replacement Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (Anatomical Shoulder Prosthesis, Reverse Shoulder Prosthesis)
7.2.2. By Procedure (Resurfacing Hemiarthroplasty, Reverse Total Shoulder Replacement, Stemmed Hemiarthroplasty, Total Shoulder Replacement)
7.2.3. By End-User (Hospitals, Orthopedic Centers, Others)
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Shoulder Replacement Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Procedure
7.3.1.2.3. By End-User
7.3.2. United Kingdom Shoulder Replacement Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Procedure
7.3.2.2.3. By End-User
7.3.3. France Shoulder Replacement Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Procedure
7.3.3.2.3. By End-User
7.3.4. Italy Shoulder Replacement Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Procedure
7.3.4.2.3. By End-User
7.3.5. Spain Shoulder Replacement Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Procedure
7.3.5.2.3. By End-User
8. Asia-Pacific Shoulder Replacement Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Anatomical Shoulder Prosthesis, Reverse Shoulder Prosthesis)
8.2.2. By Procedure (Resurfacing Hemiarthroplasty, Reverse Total Shoulder Replacement, Stemmed Hemiarthroplasty, Total Shoulder Replacement)
8.2.3. By End-User (Hospitals, Orthopedic Centers, Others)
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Shoulder Replacement Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Procedure
8.3.1.2.3. By End-User
8.3.2. Japan Shoulder Replacement Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Procedure
8.3.2.2.3. By End-User
8.3.3. India Shoulder Replacement Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Procedure
8.3.3.2.3. By End-User
8.3.4. Australia Shoulder Replacement Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Procedure
8.3.4.2.3. By End-User
8.3.5. South Korea Shoulder Replacement Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Procedure
8.3.5.2.3. By End-User
9. South America Shoulder Replacement Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Anatomical Shoulder Prosthesis, Reverse Shoulder Prosthesis)
9.2.2. By Procedure (Resurfacing Hemiarthroplasty, Reverse Total Shoulder Replacement, Stemmed Hemiarthroplasty, Total Shoulder Replacement)
9.2.3. By End-User (Hospitals, Orthopedic Centers, Others)
9.2.4. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Shoulder Replacement Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Procedure
9.3.1.2.3. By End-User
9.3.2. Argentina Shoulder Replacement Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Procedure
9.3.2.2.3. By End-User
9.3.3. Colombia Shoulder Replacement Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Procedure
9.3.3.2.3. By End-User
10. Middle East and Africa Shoulder Replacement Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type (Anatomical Shoulder Prosthesis, Reverse Shoulder Prosthesis)
10.2.2. By Procedure (Resurfacing Hemiarthroplasty, Reverse Total Shoulder Replacement, Stemmed Hemiarthroplasty, Total Shoulder Replacement)
10.2.3. By End-User (Hospitals, Orthopedic Centers, Others)
10.2.4. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Shoulder Replacement Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Procedure
10.3.1.2.3. By End-User
10.3.2. Saudi Arabia Shoulder Replacement Market Outlook