| Product Code: ETC6363951 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to see significant import shipments of shoulder replacements, with the top exporting countries being the UK, Ireland, USA, China, and the Netherlands. The high concentration in the Herfindahl-Hirschman Index (HHI) indicates a competitive market dominated by a few key players. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 15.73%, demonstrating sustained market expansion. Moreover, the growth rate from 2023 to 2024 was 10.55%, indicating a positive momentum in the import market for shoulder replacements in Belgium.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Shoulder Replacement Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Shoulder Replacement Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Shoulder Replacement Market - Industry Life Cycle |
3.4 Belgium Shoulder Replacement Market - Porter's Five Forces |
3.5 Belgium Shoulder Replacement Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
3.6 Belgium Shoulder Replacement Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Belgium Shoulder Replacement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing aging population in Belgium leading to a higher prevalence of shoulder-related issues. |
4.2.2 Technological advancements in shoulder replacement procedures, making them more effective and accessible. |
4.2.3 Rising awareness about the importance of shoulder health and the benefits of shoulder replacement surgery. |
4.3 Market Restraints |
4.3.1 High costs associated with shoulder replacement surgeries and post-operative care. |
4.3.2 Limited reimbursement policies for shoulder replacement procedures in Belgium. |
4.3.3 Lack of skilled healthcare professionals specialized in shoulder replacement surgeries. |
5 Belgium Shoulder Replacement Market Trends |
6 Belgium Shoulder Replacement Market, By Types |
6.1 Belgium Shoulder Replacement Market, By Procedure |
6.1.1 Overview and Analysis |
6.1.2 Belgium Shoulder Replacement Market Revenues & Volume, By Procedure, 2021- 2031F |
6.1.3 Belgium Shoulder Replacement Market Revenues & Volume, By Total Shoulder Replacement, 2021- 2031F |
6.1.4 Belgium Shoulder Replacement Market Revenues & Volume, By Reverse Shoulder Replacement, 2021- 2031F |
6.1.5 Belgium Shoulder Replacement Market Revenues & Volume, By Partial Shoulder Replacement, 2021- 2031F |
6.1.6 Belgium Shoulder Replacement Market Revenues & Volume, By Shoulder Resurfacing, 2021- 2031F |
6.1.7 Belgium Shoulder Replacement Market Revenues & Volume, By Revision Shoulder Arthroplasty, 2021- 2031F |
6.2 Belgium Shoulder Replacement Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Belgium Shoulder Replacement Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Belgium Shoulder Replacement Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.2.4 Belgium Shoulder Replacement Market Revenues & Volume, By Orthopedic Clinics, 2021- 2031F |
7 Belgium Shoulder Replacement Market Import-Export Trade Statistics |
7.1 Belgium Shoulder Replacement Market Export to Major Countries |
7.2 Belgium Shoulder Replacement Market Imports from Major Countries |
8 Belgium Shoulder Replacement Market Key Performance Indicators |
8.1 Average waiting time for shoulder replacement surgery in Belgium. |
8.2 Number of shoulder replacement surgeries performed annually in Belgium. |
8.3 Patient satisfaction rate post-shoulder replacement surgery. |
8.4 Percentage of healthcare facilities offering shoulder replacement procedures. |
8.5 Adoption rate of innovative shoulder replacement techniques in Belgium. |
9 Belgium Shoulder Replacement Market - Opportunity Assessment |
9.1 Belgium Shoulder Replacement Market Opportunity Assessment, By Procedure, 2021 & 2031F |
9.2 Belgium Shoulder Replacement Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Belgium Shoulder Replacement Market - Competitive Landscape |
10.1 Belgium Shoulder Replacement Market Revenue Share, By Companies, 2024 |
10.2 Belgium Shoulder Replacement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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