Global Humeral Implants Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Proximal Humerous Implants, Humeral Shaft Implants and Distal Humerous Implants.

By Application;

Total shoulder replacement, Shoulder Hemiarthroplasty, and Others.

By End User;

Hospitals, Ambulatory Surgical Centers and Clinics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn110575457 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Humeral Implants Market (USD Million), 2021 - 2031

In the year 2024, the Global Humeral Implants Market was valued at USD 1,124.21 million. The size of this market is expected to increase to USD 1,825.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

The global humeral implants market has witnessed significant growth in recent years, primarily driven by the rising incidence of shoulder-related injuries and disorders worldwide. With an aging population and increasing participation in sports and physical activities, the demand for humeral implants, which are used in shoulder replacement surgeries, has surged. Additionally, advancements in implant design, materials, and surgical techniques have contributed to improved patient outcomes, fueling the market's expansion.

North America dominates the global humeral implants market, owing to factors such as well-established healthcare infrastructure, high healthcare expenditure, and a large patient pool suffering from shoulder ailments. Moreover, the presence of key market players and ongoing research and development activities further bolster the region's market growth. Europe follows closely behind, driven by increasing geriatric population and rising awareness regarding the benefits of shoulder replacement surgeries. Meanwhile, the Asia Pacific region is poised for substantial growth due to improving healthcare facilities, rising disposable incomes, and growing adoption of advanced medical technologies.

Innovations such as reverse shoulder arthroplasty and customizable implants are revolutionizing the humeral implants market, offering personalized solutions and improved functionality for patients. However, challenges such as high treatment costs, limited reimbursement policies, and the need for skilled professionals may hinder market growth to some extent. Nonetheless, strategic collaborations, mergers and acquisitions, and ongoing research endeavors aimed at enhancing implant efficacy and durability are expected to drive the global humeral implants market forward in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Humeral Implants Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing prevalence of shoulder injuries and disorders
        2. Growing geriatric population globally
        3. Advancements in implant design and surgical techniques
        4. Rising participation in sports and physical activities
        5. Rising healthcare expenditure and improving healthcare infrastructure
      2. Restraints
        1. High treatment costs associated with humeral implant surgeries
        2. Limited reimbursement policies for shoulder replacement procedures
        3. Shortage of skilled healthcare professionals
        4. Complications associated with implant surgeries
        5. Regulatory challenges and stringent approval processes
      3. Opportunities
        1. Untapped emerging markets with growing healthcare infrastructure
        2. Technological advancements leading to customizable implants
        3. Collaborations and partnerships for research and development
        4. Increasing demand for minimally invasive procedures
        5. Rising adoption of reverse shoulder arthroplasty techniques
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Humeral Implants Market, By Product Type, 2021-2031 (USD Million)
      1. Proximal humerous implants
      2. Humeral shaft implants
      3. Distal humerous implants
    2. Global Humeral Implants Market, By Application, 2021-2031 (USD Million)
      1. Total shoulder replacement
      2. Shoulder Hemiarthroplasty
      3. Others
    3. Global Humeral Implants Market, By End User, 2021-2031 (USD Million)
      1. Hospitals
      2. Ambulatory surgical centers
      3. Clinics
    4. Global Humeral Implants Market, By Geography, 2021-2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Exactech, Inc.
      2. Arthrex, Inc.
      3. DJO Global, Inc.
      4. CONMED Corporation
      5. Acumed LLC
  7. Analyst Views
  8. Future Outlook of the Market