Global Artificial Disc Market Insights, Forecast to 2026
The Artificial Disc Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The Artificial Disc Market is expected to register a CAGR of 12.5% during 2020–2025.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendors/key players in the market. Top Companies in the Global Artificial Disc Market: Medtronic, De Puy Spine, Alphatec Spine, Stryker Corporation, Globus Medical, Smith & Nephew Plc, Orthovita, Zimmer Spine Inc, NuVasive, Zimmer-Biomet, Aesculap Implant Systems, and others.
An artificial disc also called disc prosthesis or disc replacement is a device that is implanted into the spine to imitate the functions of a normal disc that carry the load and allow motion. The artificial disc is used to treat chronic pain, severe back pain, and cervical pain. An artificial disc is used to treat pain that has not been adequately reduced with non-operative care such as injections, physical therapy or medications, etc. Artificial disc replacement is more advantageous as it allows a more rapid return to activities in comparison to traditional fusion surgery.
Global Artificial Disc Market Split by Product Type and Applications:
This report segments the global Artificial Disc market on the basis of Types are:
On the basis of Application, the Global Artificial Disc market is segmented into:
Regional Analysis For Artificial Disc Market:
For a comprehensive understanding of market dynamics, the global Artificial Disc market is analyzed across key geographies namely: North America, Europe, Asia-Pacific, South America, Middle East, and Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.
Influence of the Artificial Disc market report:
-Comprehensive assessment of all opportunities and risks in the Artificial Disc market.
– Artificial Disc market recent innovations and major events.
-A Detailed study of business strategies for the growth of the Artificial Disc market-leading players.
-Conclusive study about the growth plot of the Artificial Disc market for forthcoming years.
-In-depth understanding of Artificial Disc market-particular drivers, constraints, and major micro markets.
-Favourable impression inside vital market latest trends striking the Artificial Disc market.
Cervical Artificial Disc Segment is Expected to Hold a Major Market Share in the Artificial Disc Market
Cervical disc replacement is a surgical procedure in which a damaged or degenerated disc is removed and replaced with an artificial disc device. These discs are the cushions or shock absorbers between the bones (vertebra) of the neck (cervical spine). According to the World Health Organization (WHO), the lifetime prevalence of low back pain is estimated to be 60%-70% in industrialized countries (one-year prevalence rate is 15%-45%, in the adult incidence rate of low back pain is 5% per year) and the prevalence rate for children and adolescents is lower than that compared to adults but is rising.
Cervical artificial disc segment holds a significant market share in the artificial disc market and is anticipated to show a similar trend over the forecast period due to benefits over more traditional fusion surgery in terms of preserves motion at the affected level which may help in protecting against accelerated degeneration of the discs above and below the disc replacement. The rising prevalence of degenerative disc disease and the growing demand for non-invasive procedures are the key driving factors in the cervical artificial disc segment.
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What Are The Market Factors That Are Explained In The Report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
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-Analytical Tools: The Global Artificial Disc Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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