Press release
Lumbar Disc Replacement Devices Market Size, Share, Growth and Report 2024-2031
The global lumbar disc replacement devices is excepted to grow at a high CAGR of 13.5 % during the forecast period (2024-2031).Lumbar Disc Replacement Devices refer to a category of orthopedic implants specifically used in spinal surgery to replace damaged lumbar intervertebral discs. These devices are intended to maintain or restore the natural motion of the spine, reduce pain, and improve the patient's quality of life. They are often used as an alternative to traditional spinal fusion surgeries, which permanently fuse two or more vertebrae together.
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Market Dynamics:
Rising awareness among healthcare professionals about advanced spine surgeries is expected to drive market growth.
In 2019, the Philippine Spine Society (PSS) and the Philippine General Hospital (PGH) co-hosted the 5th ASEAN Minimally Invasive Spine Surgical Techniques (MISST) conference in Manila, National Capital Region, Philippines. The conference emphasized the use of minimally invasive techniques for cervical, thoracic, and lumbosacral spine surgeries.
The conference highlighted that robotic guidance can enhance implant placement accuracy within the coronal plane and reduce radiologic exposure, based on a small case series of anterior lumbar total disc replacement (LTDR) surgeries. This technology adds only a few minutes to the total procedure time compared to intraoperative fluoroscopy alone. Additionally, navigation technology aids in orienting difficult-to-see areas and in posterior decompression of the spinal canal, lateral recess, and neural foramen. As robotic navigation systems continue to evolve, they are expected to significantly improve the accuracy of anterior lumbar disc space navigation. Consequently, the market for these technologies is anticipated to grow in the forecast period.
Segment Covered in the Lumbar Disc Replacement Devices Market:
By Pain Type: Chronic, Acute, Radicular, Others.
By Material: Metal-on-metal, Metal-on-biopolymer.
By End-user: Hospitals, Ambulatory Surgical Center, Others.
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Key players involved in Lumbar Disc Replacement Devices Market:
• AxioMed
• Zimmer Biomet
• DePuy Synthes
• Stryker Corporation
• B.Braun Melsungen
• LDR Holding Corporation
• Spineart
• Orthofix US LLC
Related Reports:
Ambulatory Surgical Centers Market: https://www.datamintelligence.com/research-report/ambulatory-surgical-centers-market
Electroceutical Devices Market: https://www.datamintelligence.com/research-report/electroceutical-devices-market
In Vitro Fertilization (IVF) Market: https://www.datamintelligence.com/research-report/in-vitro-fertilization-market
Product Portfolio:
Freedom Lumbar Disc
The Freedom Lumbar Disc features an innovative one-piece design that combines flexibility with support. This advanced disc is engineered to alleviate pain and restore normal spinal function for patients suffering from degenerative disc disease.
Regional Analysis:
The global Lumbar Disc Replacement Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Lumbar Disc Replacement Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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