Artificial Disc Replacement Market Poised To Expand At 19.6% CAGR By 2023

Artificial Disc Replacement Market Overview

Artificial discs have become an essential part of the healthcare system due to rising cases of spinal disorders and chronic back pains. They are used for replacing the intervertebral discs, which helps maintain spinal conditions and eliminate or decrease the related pain. As the global population is increasing rapidly, the spinal disorders are also rising quickly, which has increased surgical procedures with minimally invasive techniques. This is one of the primary factors providing seamless growth to this market. Other factors like rising in the old aged population, regular sports injuries, and accidental conditions are further contributing to this market.

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In the current era, most of the population with sitting jobs have to stay in the same posture for hours without any major movements, which causes certain muscular disorders and accelerates the cases of disc problems and this market. The authorities are working towards developing healthcare facilities with advanced technologies and increasing healthcare budgets, which has pushed the market towards new highs. Apart from the features and uses, the global artificial disc replacement market is still struggling against the high treatment costs, complicated replacement procedures, and other factors slowing down the market.

This report will provide a complete detail about the market trends, growth factors, drivers & restraints, opportunities, and other primary factors followed by an in-depth analysis of the major markets around the world. The global artificial disc replacement market is anticipated to show around a 17 % annual growth rate during the survey.

Artificial Disc Replacement Market Key Players

Some of the key players in the artificial disc replacement market are Alphatec Spine Inc., Medtronic, DePuy Spine, Stryker, Smith & Nephew Plc, Globus Medical Inc., Aesculap Implant Systems, LLC, NuVasive, Inc., Zimmer Biomet, AxioMed LLC, Joimax GmbH, Orthofix Inc. and K2M Inc.

Artificial Disc Replacement Market Breakdown

The global artificial disc replacement market is segmented into the following categories:

Based on types, the global artificial disc replacement market is segmented into elastic discs, composite disks, and others.

The global artificial disc replacement market is characterized by metal, mixed, and others based on types of materials used for manufacturing.

Artificial Disc Replacement Market Regional Classification

The global artificial disc replacement market is getting a healthy response from around the world. With the rising in spinal disorders and increasing demands for minimally invasive techniques, this is getting stronger with time. North America, The Asia Pacific, Europe, and the rest of the world are the major regions observed for the global artificial disc replacement market. In the current era, the North American region is leading the market due to demands for advanced treatments, key market players, well-established healthcare facilities, and other factors. On the other hand, the Asia Pacific region will file the fastest growth rates due to demands for better healthcare facilities, rising spinal disorders, vast population covers, an increase in healthcare budgets, demands for minimally invasive surgical procedures, and other factors.

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Artificial Disc Replacement Industry News

The global artificial disc replacement market has witnessed considerable growth rates recently in all regions. Among all disorders, the lumbar disc replacement is expected to show the fastest growth rates. The rapidly developing regions of Asia Pacific, like India, China, and Japan, will register the highest growth rates and maintain their dominance during the survey. the manufacturers are now moving to these regions as they possess maximum potential and opportunities.

Table Of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

...TOC Continued

LIST OF TABLES

Table 1 Artificial Disc Replacement Market Synopsis, 2018–2023

Table 2 Artificial Disc Replacement Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3 Artificial Disc Replacement Market, By Region, 2018–2023 (USD Million)

Table 4 Artificial Disc Replacement Market, By Disc Type, 2018–2023 (USD Million)

Table 5 Artificial Disc Replacement Market, By Location, 2018–2023 (USD Million)

Table 6 Artificial Disc Replacement Market, By Material, 2018–2023 (USD Million)

...Continued

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation For Artificial Disc Replacement Market

Figure 3 Segmentation Market Dynamics For Artificial Disc Replacement Market

Figure 4 Artificial Disc Replacement Market Share, By Disc Type, 2017

Figure 5 Artificial Disc Replacement Market Share, By Location, 2017

Figure 6 Artificial Disc Replacement Market Share, By Material, 2017

...Continued

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