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Artificial Disc Market Worth $4.8 Billion By 2025 With Major Players: Stryker Corporation, Zimmer Biomet Holdings, Inc., Medtronic, LDR Holding Corporation, Aesculap Implant Systems, LLC, Globus Medical, Inc., DePuy Synthes Spine, Inc., NuVasive, Inc.

09-07-2018 08:18 AM CET | Health & Medicine

Press release from: Crystal Market Research - Healthcare

Artificial Disc Market

Artificial Disc Market

This record concentrates on the Artificial Disc Market by means of producers, regions, type and application, in particular in North the usa, Europe and Asia-Pacific, South america, middle East and Africa. This file classifies the marketplace based totally on producers, regions, kind and application. This document covers institutions within the field together with new product launches, mergers, acquisitions, aggressive panorama evaluation, and current strategic developments inside the marketplace by means of the foremost manufactures.

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Industry Trend Analysis:
Artificial disc market is expected to be around $4.8 billion by 2025. This is attributed to the development of technologically advanced treatment options, rising prevalence of degenerative disc diseases, and increased inclination for minimally invasive medical interventions. Moreover, an improvement in clinical trial results for artificial disc is set to increase demand among surgeons and patients. On the other hand, unfavorable reimbursement policies and high cost of devices will hamper the market growth.

Major Key Players:
Artificial disc market is dominated by key players such as Stryker Corporation, Zimmer Biomet Holdings, Inc., Medtronic, LDR Holding Corporation, Aesculap Implant Systems, LLC, Globus Medical, Inc., DePuy Synthes Spine, Inc., NuVasive, Inc. Product development and strategic acquisition are the strategies adopted by these players to increase their share and sustain their positions in the global market.

Regional Outlook and Trend Analysis:
North America dominated the global market in 2016, followed by Europe and Asia-Pacific. This large share is attributed to developed healthcare infrastructure, supportive reimbursement policies, high disposable income, high success rate of artificial disc clinical trials, rising prevalence of degenerative disc diseases, and preference for non-invasive procedures. The United States is the major contributor to the North American artificial disc market and is projected to continue its lead during the forecast period.

Asia-Pacific is poised to grow at the highest CAGR over the forecast period, due to rapidly increasing geriatric population, rising disposable income and improving healthcare infrastructure. China is expected to grow at double digit CAGR from 2017 to 2025, due to huge patient population, growth in medical tourism, and advanced healthcare infrastructure. Japan artificial disc market held major share of the Asia-Pacific market, due to high adoption of advanced products.

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Market Opportunities:
The major expansion opportunities for the players in this market lie in the developing countries such as India and China, where there is increasing prevalence of degenerative disc diseases coupled with rapidly aging population, improving healthcare infrastructure, and rising disposable income.

Artificial Disc Market Segmentation:
By Product: Lumbar Disc and Cervical Disc

By Material: Metal on Biopolymer and Metal on Metal

By Region: North America: (U.S, Canada & Mexico), Europe: (Germany, France, UK, Italy, Spain & Rest of Europe), Asia-Pacific: (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)

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Material Outlook and Trend Analysis:
Metal on biopolymer segment occupied largest share of the overall market in 2015, due to increased acceptance among healthcare professionals and enhanced biocompatibility. Metal on metal segment is expected to witness high growth rate primarily due to low cost in comparison with metal on biopolymer artificial disc. Additionally, a growing need for cost efficient products in developing nations is further contributing to the segment growth.

Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers Technological Advancements to Develop Effective Treatment Options Rising Prevalence of Degenerative Disc Diseases Lower Re-operation Rate Increased Preference for Minimally Invasive Medical Interventions
3.3.2. Restraints Lack of Uniform and Adequate Reimbursement High Procedure Cost Expensive Devices
3.3.3. Opportunities Increase Awareness Among People Improved Healthcare Infrastructure in Developing Nations Rising Medical Tourism
3.4. Industry Trends
3.5. Reimbursement Scenario

Chapter 4. Artificial Disc Market, By Product
4.1. Introduction
4.2. Artificial Disc Market Assessment and Forecast, By Product, 2016-2025
4.3. Cervical Disc
4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4. Lumbar Disc
4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

Chapter 5. Artificial Disc Market, By Material
5.1. Introduction
5.2. Artificial Disc Market Assessment and Forecast, By Material, 2016-2025
5.3. Metal on Metal
5.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.4. Metal on Biopolymer
5.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

…Read Full Table of Contents

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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Las Vegas NV 89107,
United States
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