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Artificial Disc Replacement Market 2018 - By Material Metal and Biopolymer | Regional Overview and Competitive Assessment with Vital Players – Outlook To 2023
Market Research Future
Artificial Disc Replacement Market - Overview
Artificial disc replacement is the method used to treat back pain. It is also known as total disc replacement in which there is a replacement of degenerated intervertebral disc in spine column. This treatment is used to treat chronic and severe back pain and cervical pain. The major driving factors for global artificial disc replacement market are growing prevalence of degenerative spine condition because of increasing aging population across the globe, preference for minimal surgical procedure and many advantages over traditional spine fusion procedure. High cost of devices and lack of uniform reimbursement are major restraining factors for the market growth. Global artificial disc market was USD 922 million in 2016 which is expected to grow till USD 2.5 billion by end of 2023 at a CAGR of 15% during forecasted period.
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Artificial Disc Replacement Market Pivotal Players:
Alphatec Spine Inc. (US), Medtronic Inc. (UK), De Puy Spine (US), Stryker Corporation (US), Smith & Nephew Plc (UK), Orthovita Inc. (US), Globus Medical (US), Zimmer Spine Inc (US), Aesculap Implant Systems (US), NuVasive (US), Zimmer-Biomet (US) and many more.
Artificial Disc Replacement Market - Geographical Overview
On regional basis, global artificial disc replacement market is segmented into North America, Europe, Asia-Pacific, and Middle East and Africa. North America account the largest artificial disc replacement market followed by Europe. Trained surgeons, presence of advanced facilities for disc replacement surgeries, growing prevalence of degenerative disc diseases because of increasing aging population. Asia-Pacific is the fastest growing region for the artificial disc replacement market. A huge population base and rapidly developing economies like India and China plays an important role in development of Asia-Pacific region. Middle East and Africa has the least market for artificial disc replacement market.
Artificial Disc Replacement Market - Segmentations
Global artificial disc replacement market is segmented on the basis of type into cervical discs replacement, lumber disc replacement and other. On the basis of material they are segmented as metal and biopolymer.
TOC of Artificial Disc Replacement Market:
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCE
3 MARKET DYNAMICS
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
5. GLOBAL ARTIFICIAL DISC REPLACEMENT MARKET, BY TYPE
….TOC CONTINUED
Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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