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Global $4.8 billion Artificial Disc Market Outlook, 2025; Stryker Corporation, Zimmer Biomet Holdings, Inc., Medtronic -

12-12-2018 08:15 AM CET | Health & Medicine

Press release from: Crystal Market Research - Healthcare

Artificial Disc Market by Product and Material

Artificial Disc Market by Product and Material

This study provides insights about the Artificial Disc Market in regards to its uses and benefits. We at Crystal Market Research (CMR) provide updated information that is beneficial in decision making regarding business investments.

Industry Trend
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.

Competitive Analysis

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.

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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.

By Product:
Lumbar Disc
Cervical Disc

By Material:
Metal on Biopolymer
Metal on Metal

Table of Contents:-

1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

2. Executive Summary
2.1. Key Highlights

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

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)

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)

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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.

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)
Rest of the World (Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others)

Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

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About Crystal Market Research:-

Crystal Market Research helps various companies irrespective of big or small in growth financing, strategy to enter the market, market research, mergers and acquisitions, strategic consulting and capital investment. Our expertise and knowledge in materials, products and manufacturing industries have assisted our client base to make the appropriate equation for measurable lucrative results. Crystal Market Research’s regional and global market intelligence coverage comprises of industry segments such as chemicals and materials, pharmaceutical, food and beverages, technology and media, and consumer goods, amongst many others.

Contact Us:

304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282

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