Artificial Disc Market Poised for 16 % Growth, Set to Hit $5.83 Billion by 2029

Which drivers are expected to have the greatest impact on the over the artificial disc market's growth?
The escalating number of spinal cord injuries is set to accelerate the expansion of the artificial disc market in the future. Injuries to the spine, which can encompass trauma to the bones (vertebrae), intervertebral discs, ligaments, nerves, muscles, and other supportive structures, are what is meant by spinal cord injuries. Artificial discs can be beneficial for those with spinal cord injuries as they provide an operational option other than spinal fusion, reinstate normal movement, minimize discogenic back pain, afford flexibility, and avert potential side effects from fusion surgery. For example, in July 2024, the Journal of Global Health, an open-access academic journal based in Scotland, uncovered that scoliosis was present in 1.20% of 2.22 million young people examined, with females more likely to have it (1.57 times higher than males). Rates were highest among 13-14-year-old girls, at 1.42%, and 15-16-year-old boys at 1.07%. Scoliosis was most prevalent in the central region, at 1.54%, and was predominantly mild, with no association to height or latitude. As such, the increasing frequency of spinal cord injuries is contributing to the growth of the artificial disc market. The swelling demand for minimally invasive surgical procedures is anticipated to boost the progression of the artificial disc market. Minimally invasive surgical procedures are medical operations or surgeries carried out with least disturbance to bodily tissues and structures. Such procedures often include the use of artificial discs in spinal surgeries. They are preferred by patients for their reduced pain and faster recuperation time. They also lead to fewer complications, enhanced patient outcomes, and cut down on healthcare costs. To illustrate, in February 2024, the American Academy of Facial Plastic and Reconstructive Surgery, a non-profit organization based in the U.S, revealed that around 83% of all medical procedures done in 2023 were minimally invasive, leaving the remaining 17% to be standard surgical procedures. Furthermore, in 2023, according to the US-based specialty organization, the American Society of Plastic Surgeons, the total tally of cosmetic minimally invasive procedures rose from 23.7 million in 2022 to 25.4 million in 2023. Hence, the increasing number of minimally invasive surgeries lies at the heart of the growth of the artificial disc market.

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What is the future CAGR of the artificial disc market, and how will it impact industry expansion?
In recent times, the size of the artificial disc market has experienced a swift expansion. The market is projected to increase from $2.73 billion in 2024 to $3.22 billion in 2025, maintaining a compound annual growth rate (CAGR) of 17.9%. Factors contributing to this growth during the historic period include cost-effectiveness and availability of healthcare, patient inclination towards motion preservation, regulatory permissions and standards, clinically proven efficiency and long-term results, and advancements in material science.

Anticipated to witness swift expansion in the forthcoming years, the market size of artificial disc is projected to surge to $5.83 billion by 2029, charting a compound annual growth rate (CAGR) of 16.0%. The predicted growth in this period can be accredited to factors such as the competitive nature of the industry, cost-effective healthcare, optimal clinical outcomes, preferral of motion maintenance, and the propagation of minimally invasive processes. Major trends anticipated in this period encompass patient-focused care, cooperatively arrived decisions, progression in surgical methods, the application of regenerative medicine, broadening of user indications, and the incorporation of advanced imaging techniques.

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What trends are poised to drive the future success of the artificial disc market?
Prominent businesses in the artificial disc market are placing emphasis on devising innovative artificial discs, such as the cervical total disc replacement system. This focus aims to augment patient results, improve flexibility, alleviate pain, and respond to the increasing need for less intrusive surgical alternatives that maintain the spine's natural motion while effectively managing degenerative disc disorders. The cervical total disc replacement system is a medical apparatus used in spinal surgeries to substitute a damaged or deteriorated intervertebral disc in the cervical (neck) area of the spine. For example, Centinel Spine, LLC, a medical device firm based in the US, introduced its FDA-endorsed cervical total disc replacement system in December 2022, which includes the Prodisc C Vivo and Prodisc C SK apparatuses. This system forms part of Centinel Spine's comprehensive Match-the-Disc platform, enabling surgeons to pick the most suitable implant based on the patient's specific anatomy. The system offers multiple implant choices customized to fit various anatomical requirements, thereby enhancing the surgeon's capacity to align the disc with each patient's unique prerequisites.

Which key market segments comprise the artificial disc market and drive its revenue growth?
The artificial disc market covered in this report is segmented -

1) By Type: Cervical Disc, Artificial Disc, Lumbar
2) By Material: Metal And Plastic, Metal
3) By Indication: Spinal Trauma, Degenerative Spine Disease
4) By End User: Hospitals, Specialty Clinics

Subsegments:
1) By Cervical Disc: Single-Level Cervical Discs, Multi-Level Cervical Discs
2) By Lumbar Disc: Single-Level Lumbar Discs, Multi-Level Lumbar Discs
3) By Artificial Disc: Total Disc Replacement, Semi-Constrained Disc Implants, Motion-Preserving Disc Implants

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What regions are at the forefront of artificial disc market expansion?
North America was the largest region in the artificial disc market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial disc market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the artificial disc market?
Major companies operating in the artificial disc market report are Johnson & Johnson, Medtronic PLC, Stryker Corporation, Zimmer Biomet Holding Inc., SIGNUS Medizintechnik GmbH, B. Braun SE, Globus Medical Inc., Medacta International SA, Aesculap Inc., NuVasive Inc., RTI Surgical, Exactech Inc., Orthofix Medical Inc., Spineart, VTI - Vertebral Technologies Inc., Life Spine Inc., Spinal Elements, DePuy Synthes, Neuro France Implants, Paradigm Spine LLC, Xenco Medical, Osimplant, Synergy Spine Solutions Inc., Ranier Technology Limited, FH Orthopedics S.A.S, X-spine Systems Inc., Aditus Medical GmbH, AxioMed LLC

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What Is Covered In The Artificial Disc Global Market Report?

• Market Size Forecast: Examine the artificial disc market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the artificial disc market for a structured understanding.
• Key Players Overview: Analyze major players in the artificial disc market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial disc market.
• Segment Contributions: Evaluate how different segments drive overall growth in the artificial disc market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial disc market.
• Industry Challenges: Identify potential risks and obstacles affecting the artificial disc market.
• Competitive Landscape: Review strategic developments in the artificial disc market, including expansions, agreements, and new product launches.

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