Press release
Cervical Total Disc Replacement Market To Witness A Customized Procurement Strategy At A CAGR Of 19%
Cervical disc replacement surgery is a type of minimally invasive surgery (MIS), which is a major factor driving the adoption of disc replacement surgery over fusion surgery. Also, factors such as the increasing aging population, low revision surgery rate of cervical disc replacement surgery, and rising demand for advanced CTDR devices are aiding the growth of the cervical total disc replacement (CTDR) device market.As per PMR analysis, the cervical total disc replacement device market is set to expand at an impressive CAGR of 19% from 2020 to 2030, and reach a market valuation of US$ 9.3 Bn by 2030-end.
Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3775
Company Profiles:
Medtronic, Plc.
Depuy Synthes (Johnson & Johnson Inc.)
Stryker Corporation
Zimmer Biomet Holdings, Inc.
Globus Medical, Inc.
NuVasive, Inc.
Orthofix Medical Inc.
LDR Holding Corporation
Centinel Spine, Inc.
FH Orthopaedics S. A. S.
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/3775
Key Takeaways from CTDR Device Market Study
The metal on biocompatible material segment is accounts for a major share of the global cervical total disc replacement device market.
Hospitals will be the largest end-user, accounting for major portion of the demand for CTDR devices.
By region, North America dominates the CTDR device market with over 50% market share, and is expected to remain dominant throughout the forecast period. The CTDR device markets in Asia and Latin America are expected to expand at high CAGRs in terms of value over the forecast period.
Inadequate reimbursement policies and lack of clinical data are expected to hamper market growth to some extent.
Due to the ongoing COVID-19 pandemic, the healthcare community is giving utmost priority to containing its spread and related treatment. As such, non-essential surgeries have been put on hold or postponed.
"Cervical disc replacement surgery is gaining immense popularity as the recovery time is less, involves shorter stay at the hospital, and costs less as compared to spinal fusion surgery," says a PMR analyst.
What Does the Future Hold?
Metal on biocompatible material is highly preferred for cervical total disc replacement devices, due to the flexibility offered by these types of products. Key market players are involved in R&D so as to introduce innovative products into the market for the treatment of degenerative disc disease, thereby boding well for the growth of the CTDR device market over the coming years.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/3775
What Else is in the Report?
Persistence Market Research offers a unique perspective and actionable insights on the cervical total disc replacement device market in its latest study, presenting historical demand assessment of 2015-2019 and projections for 2020-2030, based on disc type (metal on a biocompatible material (M-o-B) and metal on metal (M-o-M), indication (myelopathy, radiculopathy, severe neck pain, and others), material (polymeric, metallic, and biocompatible), and end user (hospitals, ambulatory surgical centers, and orthopedic and trauma centers), across seven key regions of the world.
Access PMR Exclusive Reports-
CCTV Camera Market- https://www.persistencemarketresearch.com/market-research/cctv-cameras-market.asp
Computer Accessories Market- https://www.persistencemarketresearch.com/market-research/computer-accessories-market.asp
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About Us:
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
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 Cervical Total Disc Replacement Market To Witness A Customized Procurement Strategy At A CAGR Of 19% here
News-ID: 2680823 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for CTDR
Surgical Innovations: The Emergence of Cervical Total Disc Replacement in Spinal …
The cervical total disc replacement market is witnessing remarkable growth as advancements in medical technology revolutionize the treatment of spinal disorders. Cervical total disc replacement (CTDR) is a surgical procedure designed to address degenerative disc disease and alleviate neck pain by replacing a damaged cervical disc with an artificial one.
This innovative approach offers patients an alternative to traditional spinal fusion surgery, providing greater flexibility and preserving motion in the…
The Cervical Total Disc Replacement Market to imbibe healthy growth by innovatio …
The Cervical Total Disc Replacement Market is bound to witness a robust CAGR going forward. The present scenario is that of prediction of the course of treatment based on data analytics. Technology has been dominating in the form of IoMT (Internet-of-Medical-Things), AI (Artificial Intelligence), cloud computing, predictive analytics, and what not? With the proven advantage of the reduction in casualties and real-time access to the history of patients, and not…
Global Cervical Total Disc Replacement (CTDR) Device Market to Account for US$ 1 …
According to the latest market report published by Persistence Market Research titled “Cervical Total Disc Replacement Device Market: Global Industry Analysis & Forecast: North America to Witness Highest Growth by 2021”, the CTDR device market is expected to be valued at US$ 489.7 Mn by the end of 2015. It is anticipated to expand at a CAGR of 23.1% during the forecast period (2015 - 2021) to account for US$…
Global Cervical Total Disc Replacement (CTDR) Device Market to Account for US$ 1 …
According to the latest market report published by Persistence Market Research titled “Cervical Total Disc Replacement Device Market: Global Industry Analysis & Forecast: North America to Witness Highest Growth by 2021”, the CTDR device market is expected to be valued at US$ 489.7 Mn by the end of 2015. It is anticipated to expand at a CAGR of 23.1% during the forecast period (2015 - 2021) to account for US$…
Global Cervical Total Disc Replacement (CTDR) Device Market to Account for US$ 1 …
According to the latest market report published by Persistence Market Research titled “Cervical Total Disc Replacement Device Market: Global Industry Analysis & Forecast: North America to Witness Highest Growth by 2021”, the CTDR device market is expected to be valued at US$ 489.7 Mn by the end of 2015. It is anticipated to expand at a CAGR of 23.1% during the forecast period (2015 - 2021) to account for US$…
Global Cervical Total Disc Replacement (CTDR) Device Market Expected to Account …
According to the latest market report published by Persistence Market Research titled “Cervical Total Disc Replacement Device Market: Global Industry Analysis & Forecast: North America to Witness Highest Growth by 2021”, the CTDR device market is expected to be valued at US$ 489.7 Mn by the end of 2015. It is anticipated to expand at a CAGR of 23.1% during the forecast period (2015 – 2021) to account for US$…