Cervical Total Disc Replacement Device Market to Witness Significant Growth During the Forecast Period

DataM Intelligence
13 June 2019
Dallas, USA
The market report titled ‘Global Cervical Total Disc Replacement Device Market - Size, Share and Forecast (2019 - 2026)’ produced by DataM Intelligence analyses the industry dynamics in this competitive space to provide a comprehensive analysis of the market opportunities.

Global Cervical Total Disc Replacement Device Market – Market Dynamics
The cervical total disc replacement device market is primarily driven by the lower cost of treatment relative to the prevalent methods of treatment, increasing coverage of procedure by insurance providers, improvements in technology and an overall increase in the elderly and the obese population. Multiple studies have established that performing cervical disc replacement resulted in a lower cost to the patient relative to prevalent methods along with lower recovery time and readmission rate. Increasing insurance reimbursement may lead to increasing adoption of the product, particularly in the U.S. market. Improvements in the technology used are leading to higher flexibility and improvement in overall patient satisfaction.

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Global Cervical Total Disc Replacement Device Market – Segment Analysis
Based on product, the global market for a cervical total disc replacement device is broadly segmented as by Bearing Design, by Materials Used and by End Users
By bearing design, the cervical disc replacement market is bifurcated into the metal on metal and metal on biopolymer segments which are further segmented on the basis of articulation as constrained, semi-constrained and unconstrained.
By materials used, the cervical disc replacement market is segmented into stainless steel, cobalt-chromium and titanium devices. Cobalt-Chromium discs hold the majority of the market share due to their excellent wear resistance, lower debris generation and reduced MRI susceptibility.
By end user, the cervical disc replacement market is bifurcated into hospitals and ambulatory surgical clinics. The market is presently dominated by hospitals due to stringent requirements but due to the minimally invasive procedure involved and lower cost, the market share of ASCs is expected to grow.

Global Cervical Total Disc Replacement Device Market – Geographical Analysis
The global Cervical Total Disc Replacement Device market is segmented into North America, Europe, Asia Pacific, South America and the Middle East and Africa.
North America has the largest share of the global cervical disc replacement devices market. This may be attributed to rapidly increasing insurance coverage, increasing reimbursement amounts due to changing policies and to the increasing number of FDA approved devices.
The APAC market is expected to grow at the highest growth rate going forward due to a growing elderly population in key markets and an increasing trend in healthcare spending by governments and individuals.

Global Cervical Total Disc Replacement Device Market – Competitive Analysis
Key players are acquiring and merging with other players, increasing R&D spends, launching new products, expanding in new markets and tying up with insurance providers to increase coverage for their products. The market is being entered by a significant number of startups with products in various stages of FDA approval, such as Simplify Medical Inc with its Simplify® Disc product currently in clinical trials.
List of major market players in cervical disc replacement devices are Medtronic Plc, Depuy Synthes, Globus Medical, NuVasive Inc., Simplify Medical Inc, Ranier Technology Limited, Stryker Corporation, AxioMed LLC, Zimmer Biomet Holdings, Orthofix International.

Browse the whole report - https://www.datamintelligence.com/research-report/cervical-total-disc-replacement-device-market

1.Global Cervical Total Disc Replacement Device Market Methodology and Scope
2. Global Cervical Total Disc Replacement Device Market – Market Definition and Overview
3. Global Cervical Total Disc Replacement Device Market – Executive Summary
4. Global Cervical Total Disc Replacement Device Market – Market Dynamics
5. Global Cervical Total Disc Replacement Device Market – Industry Analysis
6. Global Cervical Total Disc Replacement Device Market – By Bearing Design
7. Global Cervical Total Disc Replacement Device Market – By Materials Used.
8. Global Cervical Total Disc Replacement Device Market – By End user
9. Global Cervical Total Disc Replacement Device Market – By Region
10. Global Market – Competitive Landscape
11. Company Profiles
12. Global Cervical Total Disc Replacement Device Market – Premium Insights
13. Global Cervical Total Disc Replacement Device Market – DataM

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DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historical data but also allows a highly justifiable forecast model.

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