openPR Logo
Press release

Prosthetic Disc Nucleus Market Size will Grow Profitably in the Near Future

09-27-2021 06:37 AM CET | Health & Medicine

Press release from: Transparancy Market Research

Prosthetic Disc Nucleus Market

Prosthetic Disc Nucleus Market

Prosthetic Disc Nucleus Market: Introduction

According to the report, the global prosthetic disc nucleus market was valued at ~US$ 92 Mn in 2019. It is projected to expand at a moderate CAGR during the forecast period. Prosthetic disc nucleus is hydrogel-based spinal implant used as an adjunct treatment for patients with degenerative disc disorder and herniation, where surgical intervention is the only option. Prosthetic disc nucleus offers an alternative, cost-effective, and minimally invasive procedure to total disc replacement. In 1996, C.D. Ray introduced the first PDN device, which was the first nucleus replacement device designed to replace the functions of the disc that were lost through degeneration. The global prosthetic disc nucleus market is driven by rise in prevalence of spine disorders across globe, increase in global geriatric population, and high demand for minimally invasive surgeries across the globe.

North America dominated the global prosthetic disc nucleus market in 2019, followed by Europe, and the trend is anticipated to continue during the forecast period. The region’s dominance can be ascribed to the high prevalence and rise in incidence rates of degenerative disc disorder, well-established healthcare industry, and increase in geriatric population in the region.

 Request Brochure for Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=72846

High Prevalence and Rising Incidence of Spine Disorders to Drive Global Market

The increase in incidence of spinal disorders, such as degenerative disc diseases and spinal stenosis, has fueled the usage of spine implants. An estimated 266 million people are affected with lumbar degenerative spine disorder and low back pain each year. According to Hebrew SeniorLife Institute for Aging Research, around one-third of people aged between 40 and 59 are affected with moderate to severe degenerative disc disorder and around half of the population is affected with moderate to severe osteoarthritis. The prevalence of disc height narrowing and joint osteoarthritis increased by 2 to 4 times in people aged between 60 and 69 years and 70 and 89 years, respectively. Disorders of the spine are an important health and social issue, as these are major contributors to disability globally. Respondents often report a spine disorder as lower back pain, irrespective of the actual diagnosis or cause of the condition. Thus, high prevalence and rise in incidence rate of spine disorder across the globe is a prominent factor projected to boost the prosthetic disc nucleus market during the forecast period.

 Request for Analysis of COVID19 Impact on Prosthetic Disc Nucleus Market –

https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=72846

Prosthetic Disc Nucleus Market: Prominent Regions

In terms of region, the global prosthetic disc nucleus market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global prosthetic disc nucleus market in 2019, followed by Europe. The U.S. dominated the prosthetic disc nucleus market in North America in 2019, due to the presence of key players, technological advancements, adoption of minimally invasive surgeries, and adequate reimbursement policies. This, in turn, is estimated to boost the market in the region. The prosthetic disc nucleus market in Asia Pacific is likely to expand at a notable CAGR from 2020 to 2030. The expansion of the market in the region can be attributed to the adoption of new technologies, high awareness, significant healthcare spending, early availability of advanced technologies, and penetration of research activities across the region.

Buy Market Report -

https://www.transparencymarketresearch.com/checkout.php?rep_id=72846<ype=S

Strategic Acquisitions and Collaborations by Key Players to Drive Global Market

The global prosthetic disc nucleus market is consolidated in terms of number of players. The market is dominated by key players with strong geographic presence. Key players operating in the global prosthetic disc nucleus market include Stryker Corporation, Zimmer Biomet Holdings, Inc, DePuy Synthes (Johnson & Johnson), NuVasive, Inc, and Orthofix International N.V. In March 2018, Orthofix International N.V. acquired Spinal Kinetics, Inc., a leading developer and manufacturer of cervical and lumbar disc devices. The spinal kinetics product portfolio comprises M6-C cervical and M6-L lumbar artificial discs for patients with degenerative disc disorders. In November 2018, Xian Janssen (Janssen Global Services, LLC) and Ali Health signed a strategic cooperation agreement to establish a new model of Internet health services. Johnson & Johnson's pharmaceutical subsidiary Xian Yangsen Pharmaceutical Co., Ltd. (Janssen Global Services, LLC) announced that it is working with Alibaba Group's flagship platform in the field of medical health.

 Ask for Discount:

https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=72846

Browse more Market Reports:

Electronic Stethoscope Market:

https://www.transparencymarketresearch.com/electronic-stethoscopes-market.html

Wearable Injectors Market:

https://www.transparencymarketresearch.com/wearable-injectors-market.html

Veterinary Biologics Market:

https://www.transparencymarketresearch.com/veterinary-biologics-market.html

Contact

Transparency Market Research,

90 State Street, Suite 700,

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com/

About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Prosthetic Disc Nucleus Market Size will Grow Profitably in the Near Future here

News-ID: 2406911 • Views: 231

More Releases from Transparancy Market Research

Extracorporeal Membrane Oxygenation Machine Market projected to expand at a CAGR …
Transparency Market Research (TMR) has published a new report titled, ‘Extracorporeal Membrane Oxygenation Machine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global extracorporeal membrane oxygenation machine market was valued at US$ 0.3 Bn in 2018 and is projected to expand at a CAGR of 5.4% from 2019 to 2027. Request Brochure for Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=22187 Overview Extracorporeal membrane oxygenation system is used
Hair Transplant Instruments Market Set for Rapid Growth and Trend, by 2025
Hair Transplant Instruments Market: Introduction Hair transplantation is the most widely performed esthetic surgical procedure. It is the only alternative method to recover hair loss in some hair diseases such as genetic hair loss or cicatricle alopecia. Hair loss is among the most common dermatologic condition. It is considered a benign condition. It has cosmetic consequences and could be a source of major distress in a number of patients. Hair transplantation
In Vitro Fertilization Test Market is projected to expand at a CAGR of ~6% from …
In Vitro Fertilization Test Market: Introduction According to the report, the global in vitro fertilization test market was valued over US$ 1.5 Bn in 2020 and is projected to expand at a CAGR of ~6% from 2021 to 2031. The surge in inclination toward delayed pregnancies, number of fertility clinics across the globe, and fertility tourism is anticipated to drive the global in vitro fertilization test market from 2021 to 2031.
Orthopedic Implants Market to Witness Revolutionary Growth by 2026
According to a newly released TMR report, the orthopaedic implants market will offer much to smile about for investors during 2018-2026 period. The advent of new technologies like 3D printing has improved the implant treatment significantly. Earlier, acquisitions of new implants can take anywhere between 4-6 weeks. Additionally, conventional implants offered little room for customization, and personalization. This was essential for children due to the sensitive nature of their treatment.

All 5 Releases


More Releases for Prosthetic

Global Prosthetic Liners Market Growth 2019-2024
The prosthetic liner acts as a sort of "second skin" between the movable soft tissue of the residual limb (muscles, tissue, skin) and the hard shell of the socket. This reduces movement and friction between the skin and prosthetic socket and therefore reduces the forces in the socket described earlier. The prosthetic liner connects your residual limb to the prosthetic, cushioning the sensitive skin on the residual limb and thereby
Prosthetic Heart Valve Market – Latest Developments
Prosthetic Heart Valve Market report 2018-2026 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Prosthetic Heart Valve market research report is a professional and in-depth study on the current state of Prosthetic Heart Valve Industry. The Prosthetic Heart Valve Market research report covers the present scenario and
Prosthetic Liners Market - Global Strategic Business Report
The prosthetic liner is a protective cover worn over a residual limb. It is made from a flexible cushioning material, which reduces chafing and movement between the socket and the skin. Liners are the best available means of reducing bone pressure, preventing skin abrasions in the prosthesis, and improving socket suspension for amputees. Modern day liners are equipped with special features such as antibacterial shields and additives, anatomical shaping, textile
Global Prosthetic Foot Sales Market Report 2017
Report Hive Market Research Released a New Research Report of 101 pages on Title " Global Prosthetic Foot Sales Market Report 2017 "with detailed Analysis, Forecast and Strategies. In this report, the global Prosthetic Foot market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global
Prosthetic Legs Market
Artificial devices used to replace missing limbs lost due to birth defect or amputation are called prosthetics.Aprt from birth defects, various medical conditions such as circulation problems, traumatic injuries, cancer, and diabetes can lead to amputation of limbs. The prosthetic leg helps carry out the basic functions of supporting the body and helps the person with body movement to perform daily activities. Due to the technological advancements, more comfortable and functional
Prosthetic Legs Market
Artificial devices used to replace missing limbs lost due to birth defect or amputation are called prosthetics.Aprt from birth defects, various medical conditions such as circulation problems, traumatic injuries, cancer, and diabetes can lead to amputation of limbs. The prosthetic leg helps carry out the basic functions of supporting the body and helps the person with body movement to perform daily activities. Due to the technological advancements, more comfortable and functional