Here are five key trends in the shoulder reconstruction device market:
1. This growth in the market is a result of increased surgeon experience and education, as well as improved device technology.
2. The largest sub-segment within this market in 2014 was the reversed shoulder implant market due to its higher average selling price.
3. The reversed implant segment has also seen growth due to surgeons using these devices to fix previously failed surgeries as well as leveraging device efficacy.
4. DePuy Synthes is the market leader of the shoulder reconstructive market with more than 20 percent market share. But, the company is expected to lose market share unless they further expand the current product line.
5. Other competitors in the market include Biomet, Tornier, Zimmer, DJO, Exactech, Arthrex and Smith & Nephew.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
