Humeral Implant Market Size, Share and Global Trend By Product Type (Proximal Humerus, Implant, Humeral Shaft, Distal Humerus Implant, Others), By Application (Total shoulder replacement, Shoulder Hemiarthroplasty, Others), By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgery Centers, Others), and Regional Forecast, 2024-2032

Humeral implants are designed considering the prosthetic biomechanics and proximal humeral anatomy. The main objective of humeral implant incorporates the replication of the articular anatomy to re-establish physiologic soft-tissue pressure and to avoid complications such as per prosthetic break, aseptic releasing, and proximal humeral bone misfortune and to supply early implant steadiness and long-term bone fixation. Humeral implants are extensively used in shoulder replacement surgeries.

They are of different sorts depending on the region of bone that's broken. These are proximal humerus breaks, mid-shaft breaks, and distal humerus breaks. Increased prevalence of bone fractures and the introduction of new products with superior quality have increased the demand for humeral implants. In November 2018, Shoulder Innovations, LLC announced 510(k) approval from the FDA for the company’s InSet Humeral short stem system for shoulder replacement surgery, which is anticipated to accelerate the global humeral implant market.

The rise in a number of shoulder replacement surgeries, increasing prevalence of arthritis in the shoulder, rapid adoption of prosthetics, and favorable health reimbursement are the primary reasons responsible for the growth in the global humeral implant market. Also, the increased cases of sports injuries, adoption of advanced technologies, and new product launch are anticipated to drive the global humeral implants market.

However, episodes of product recall, stringent government regulations as humeral implants fall in Class I category, and high complication rates such as loosening of the implant and other infections are the factors that can hinder the growth in the global humeral implant market. In October 2017, Zimmer Biomet recalled certain lots of Biomet Comprehensive Reverse Shoulder Humeral as the devices were fracturing at a higher rate compared to the stated rate in the labels, which is expected to negatively impact the global humeral implant market.

Key Players Covered

Some of the major companies that are present in the global humeral implant market are B. Braun, Exactech, Inc., Arthrex, Inc., Stryker, Medartis, Smith & Nephew plc., Zimmer Biomet, Wright Medical Group N.V, DePuy Synthes, and others.

SEGMENTATION

Among the end user, the ambulatory surgical centers are estimated to have exponential growth in the global humeral implant market during the projected period owing to the active government support for replacement surgeries in ambulatory surgery centers and favorable health reimbursement.

Key Insights

• Number of shoulder replacement surgeries for key countries


• Regulatory scenario for key countries


• Reimbursement scenario for key countries


• New product launch


• Recent industry developments such as partnerships, mergers, and acquisitions

Regional Analysis

North America is expected to dominate the global humeral implant market over the forecast period owing to the rapid adoption of the prosthesis, rising concern for sports injuries, and new product launch. Also, the approval from the FDA for uncemented Press Fit humeral implant developed by Catalyst OrthoScience Inc. in March 2019 is estimated to boost the humeral implant market in North America. In Europe, the humeral implants market is expected to have substantial growth during the forecast period owing to the increase in a number of shoulder replacement surgeries and favorable health reimbursement. According to the National Joint Registry, the number of shoulder replacement surgeries increased by 8% during 2016-2017, which is likely to favor the humeral implant market in Europe.

Key Industry Developments

• In March 2019, Catalyst OrthoScience Inc. received USFDA approval for uncemented Press Fit humeral implant as part of continuous development of the Catalyst CSR Total Shoulder System.
• In March 2019, Stryker announced the launch of ReUnion S Humeral Stem to be used along with ReUnion Shoulder Arthroplasty System.
• In November 2018, Shoulder Innovations, LLC announced 510(k) approval from the FDA for the company’s InSet Humeral short stem system for shoulder replacement surgery