Press release
Artificial Discs Market Expected to Surge by 2024-2031: Key Drivers and Forecasts |Medtronic, DePuy Synthes (Johnson & Johnson), Stryker Corporation, NuVasive
The Artificial Discs Market size is valued at US$ 740 million in 2023 and is projected to reach US$ 1,130 million by 2030, growing at a CAGR of 6.2% from 2023 to 2030.The latest market intelligence report published by CMI with the title "Global Artificial Discs Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Medical Devices industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.
The Research report on Artificial Discs Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
Key Trends of Artificial Discs Market
- Advancing Technology: New biomaterials and 3D printing techniques are enabling customized discs tailored for individual patient needs.
- Aging Population: As life expectancy rises globally, demand for minimally invasive disc replacement surgeries will increase to treat degenerative disc disease.
- Regional Expansions: Major players are expanding into high-growth Asian markets like China and India through new manufacturing plants and distribution partnerships.
- Reimbursement Reform: Favorable coverage policies in Europe and expanded Medicare coverage in the US are improving access and driving procedure volumes higher.
- New Product Launches: Innovative disc designs focused on core regeneration and nuclear replacement are in late-stage trials with potential to disrupt orthopedic standards of care.
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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
◘ By Product Type: Cervical Artificial Discs, Lumbar Artificial Discs
◘ By Material: Metal-on-Metal, Metal-on-Biocompatible Plastic
◘ By End User: Hospitals, Specialty Clinics, Ambulatory Surgery Centers
• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report:
◘ Medtronic
◘ DePuy Synthes (Johnson & Johnson)
◘ Stryker Corporation
◘ NuVasive Inc.
◘ Globus Medical Inc.
◘ Orthofix International N.V.
◘ Zimmer Biomet Holdings Inc.
◘ Alphatec Holdings Inc.
◘ B. Braun Melsungen AG
◘ Centinel Spine LLC
Get access to the latest Edition of this Market Study (comprising 150+ pages) and Get Up to 25% Discount: : https://www.coherentmarketinsights.com/insight/buy-now/6439
Deep-dive Analysis:
The Report provides deep-dive qualitative and quantitative analysis on Artificial Discs Market for all the regions and countries covered below:
➢ North America (the United States, Canada, and Mexico)
➢ Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
➢ Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
➢ South America (Brazil, Argentina, and Rest of South America)
➢ Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
➢ Each Country is covered in detail, and report provides qualitative and quantitative analysis on Artificial Discs Market on each country.
The research provides answers to the following key questions:
1.What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2.What are the key driving forces responsible for shaping the fate of the Artificial Discs market during the forecast period?
3.Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Artificial Discs market?
4.What are the prominent market trends influencing the development of the Artificial Discs market across different regions?
5.What are the major threats and challenges likely to act as a barrier in the growth of the Artificial Discs market?
6.What are the major opportunities the market leaders can rely on to gain success and profitability?
Key insights provided by the report that could help you take critical strategic decisions?
• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Artificial Discs and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Author of this marketing PR:
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.
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