The latest market report published by Credence Research, Inc. is “Global Proximal Humeral Implants Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Proximal Humeral Implants Market generated around USD XX billion in 2021 and is anticipated to grow a CAGR of over XX% during the forecast period from 2022 to 2028 to reach around USD XX billion in 2028.
To restore physiological soft-tissue tension, prevent periprosthetic fracture, aseptic loosening, and proximal humeral bone loss, and offer early implant stability and long-term bony fixation, the main goal of humeral implant design is to replicate the articular architecture. The primary cause of humerus fractures is trauma. The market offers enormous growth opportunities to medical device manufacturers for producing patient-specific implants, prototypes, and biodegradable implants, among other things, propelling the industry forward. Examples of these technological advancements include 3D printing and smart surgeries. The global demand for humeral implants has been boosted by the adoption of minimally invasive surgery and the growing presence of medical device makers. The humeral implants market also benefits from favorable governmental policies and rising healthcare expenditures.
Browse Global Proximal Humeral Implants Market report-https://www.credenceresearch.com/report/proximal-humeral-implants-market
The global proximal humeral implants market is bifurcated into End Users and Geography. Based on the end user, the market is segmented into ambulatory surgical centers, hospitals, and clinics. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
North America was one of the major contributors to the global market for proximal humeral implants in 2021. Throughout the anticipated timeframe, demand for humeral implants is estimated to increase due to the increased frequency of humeral fractures in the area. In the US, 200,000 distal radius fractures happen on average yearly. The use of stemless humeral components has increased recently in the field, and new models have been developed to allow for 3-dimensional reconstruction of the humeral head. Due to their shorter healing times, less blood loss, minimal stress shielding, and decreased likelihood of diaphyseal stress risers, these implants are becoming increasingly popular. Europe is expected to have tremendous growth during the prediction. The market expansion is attributed to the region’s acceptance of minimally invasive surgery and emerging technological advancements like 3D printing. Furthermore, the launch of new stemless designs by prominent medical manufacturers has increased the spread of humeral implants in countries like Italy, the United Kingdom, and Germany.
Why Buy This Report-
- The report provides a qualitative and quantitative analysis of the global proximal humeral implants market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
- In-depth analysis of the global proximal humeral implants market segmentation based on the end user and region
- The global proximal humeral implants market report also includes analyzing the global, regional, and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.
The Global Proximal Humeral Implants Market is Segmented into:
|Forecast Period||2022 – 2028|
|Historical Year||2016 – 2021|
|Segmentation|| By End User (2016–2028; US$ Bn)|
By Geography Segment (2016–2028; US$Bn)