Cervical Artificial Discs Market Size 2021– Overview and Analysis, COVID-19 Impact Analysis, Business Status and Forecast 2027

Global Cervical Artificial Discs Market research provides an in-depth analysis of the market for the coming years. The research includes numerous sections as well as an examination of market trends and development drivers that are critical to the industry's success. The drivers, constraints, and opportunities are all included in this list.

The Cervical Artificial Discs Market is expected to register a CAGR of 18.5% over the forecast period 2021 – 2027

The Market Intelligence Data in the Global Cervical Artificial Discs Market Report ranges from 2021 to 2027. The study provides an overview of the industry, including major drivers and risk factors. The study is divided into sections by leading worldwide manufacturers, with sales, revenue, and prices included where appropriate. It also assesses the competitive landscape of the major companies.

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Top Key Players: DePuy Synthes, LDR Holdings, Medtronic, NuVasive, AxioMed, Globus Medical, Joimax, Orthofix, Spinal Kinetics, Vertebral Technologies.

Segment by Type:

Metal

Biopolymer

Segment by Application:

Hospitals

Ambulatory Surgical Centers

Market Overview:
The key trend observed in the artificial disc market is the increasing number of mergers and acquisitions among the key players to expand their geographical footprint and consumer base. For instance, in July 2016, Zimmer Biomet Holdings Inc. acquired LDR Holding Corporation (LDR), a medical device company dedicated to designing and commercializing surgical technologies for the treatment of patients suffering from spine disorders. The acquisition aimed at strengthening the position of Zimmer Biomet Holdings Inc. in musculoskeletal healthcare with the addition of a premier spine platform to its product portfolio.

Long-term cost benefits of disc replacement over spinal fusion procedures is a key factor driving the growth of the artificial disc market, globally. Spinal fusion requires various surgeries over a span of time, whereas artificial disc replacement is a one-time surgical procedure. According to a study published in the North American Spine Society (NASS) meeting in 2013 by researchers of the Rothman Institute and the Texas Back Institute, the total costs for average of 48 months were lower in the patients receiving cervical arthroplasty (artificial disc replacement), around $34,000, as against $39,000 in the patients receiving anterior cervical discectomy and fusion (ACDF).

Regional Analysis:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

Table of content:

Report Overview
Market Trends and Competitive Landscape
Segmentation of Cervical Artificial Discs Market by Types
Segmentation of Cervical Artificial Discs Market by End-Users
Market Analysis by Major Regions
Product Commodity of Cervical Artificial Discs Market in Major Countries
North America Cervical Artificial Discs Landscape Analysis
Europe Cervical Artificial Discs Landscape Analysis
Asia Pacific Cervical Artificial Discs Landscape Analysis
Latin America, Middle East & Africa Cervical Artificial Discs Landscape Analysis
Major Players Profile

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Reasons to Purchase this report:

The industry analysis report offers actionable insights into the global Cervical Artificial Discs industry and examines the major growth propellers, limitations, opportunities, and challenges existing in the market.

The research looked at current and past market circumstances in-depth to assist readers forecast market conditions for the next five years.

The research presents a comprehensive overview of the main businesses in the Cervical Artificial Discs industry, as well as their long-term commercial growth strategies.

In-depth scrutiny of the Cervical Artificial Discs business landscape with accurate market projections for the forecast period.

Impact of COVID-19 on the Cervical Artificial Discs Market

The global pandemic COVID-19 has had a direct or indirect impact on the Cervical Artificial Discs market. This research contains a distinct part that explains the pandemic's aftereffects in great detail. The comprehensive analysis examines the likely effects of the global financial crisis on Cervical Artificial Discs.

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