Press release
Artificial Disc Market with a forecasted Compound Annual Growth Rate (CAGR) of 18.4% during the forecast period. It is estimated that the market size will reach nearly USD 8.66 billion by 2029.
Artificial Disc Market
The report covers all aspects of the industry and includes a dedicated study of key players, including market leaders, followers, and new entrants by region. Furthermore, it incorporates analytical tools such as PORTER, SVOR, and PESTEL analysis to evaluate the potential impact of micro-economic factors on the market. The report also provides an analysis of external and internal factors that are expected to influence the industry positively or negatively, offering decision-makers a clear view of the industry's future.
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The objective of the report is to present a comprehensive overview of the North America Artificial Disc Market, encompassing all stakeholders in the industry. It presents the past and current status of the industry, along with a forecasted market size and trends, in a clear and concise manner.
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What are Artificial Disc Market Dynamics?
The rising incidence of degenerative diseases and the increasing preference for minimally invasive surgical procedures are expected to drive the growth of the Artificial Disc Market. Furthermore, the low re-operation rate associated with artificial discs and better clinical trial results compared to fusion techniques are anticipated to boost industry growth. Product and technological innovations, along with increasing research activities for multi-level artificial discs, are also expected to propel market growth. However, factors such as high device costs, stringent regulatory guidelines, and the lack of uniform reimbursement policies for disc replacement may restrain the growth of the artificial disc industry.
The Artificial Disc Market in the United States is projected to experience significant growth due to growing healthcare expenditure, supportive reimbursements, and increasing disposable income. The high success rate of artificial disc replacements and the prevalence of degenerative disc disease are also contributing to market expansion. Additionally, the demand for non-invasive procedures and the rising propensity for minimal incision surgeries are expected to augment the market. The report highlights that the Asia-Pacific region, particularly the cervical disc market, is witnessing substantial growth driven by increasing affordability of patients, growing number of surgeries, and rising per capita income in developing countries.
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What is Artificial Disc Market Regional Insight?
In 2021, the North America region accounted for the highest revenue in the Artificial Disc Market, with the United States leading the market share. Factors such as higher disposable income, increasing healthcare expenditure, advanced facilities for disc replacement surgeries, trained surgeons, and favorable reimbursement policies contribute to the region's growth.
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What is Artificial Disc Market Segmentation?
by Type
• Cervical Artificial Disc
• Lumbar Artificial Disc
by Material
• Metal on Metal
• Metal on Biopolymer
by Application
• Hospitals and Clinics
• Ambulatory Surgery Centers
• Others
by Indication
• Spinal trauma
• Degenerative spine disease
Purchase Report : https://www.maximizemarketresearch.com/market-report/artificial-disc-market/11275/
Who are Artificial Disc Market Key Players?
AxioMed LLC
Simplify Medical Inc.
K2M Inc.
Spinal Kinetics Inc.
Globus Medical Inc.
Johnson & Johnson
B. Braun Melsungen AG
Zimmer Biomet Holdings Inc.
Medtronic PLC.
Nuvasive Inc.
Stryker Corporation
Aesculap Implant System, LLC
Alphatec Spine Inc.
Smith & Nephew
Orthovita Inc.
Synthes Holding AG
LDS Spine
De Puy Spine
Audubon
Joimax GmbH
Orthofix Inc.
Table of content for the Artificial Disc Market includes:
1. Global Artificial Disc Market: Research Methodology
2. Global Artificial Disc Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Artificial Disc Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Artificial Disc Market Segmentation
• Global Market, by Type(2021-2029)
• Global Market, by Material(2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Indication(2021-2029)
5. Regional Artificial Disc Market(2021-2029)
• Regional Market, by Type(2021-2029)
• Regional Market, by Material(2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Indication(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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