Rising Incidence Of Spinal Cord Injuries Fueling The Growth Of The Artificial Disc Market: Strengthening the Growth Trajectory of the Artificial Disc Market

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What Is the Expected CAGR for the Artificial Disc Market Through 2025?_x000D_
In recent years, the artificial disc market has seen substantial growth. The market is expected to escalate from a worth of $2.73 billion in 2024 to $3.19 billion in 2025, displaying a compound annual growth rate (CAGR) of 17.1%. The significant growth observed during the historic period can be credited to factors such as cost-effectiveness, improved access to healthcare, patient inclination towards motion preservation, regulatory sanctions and standards, proven clinical efficacy and long-term results, as well as advancements made in the field of material science._x000D_
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What's the Projected Size of the Global Artificial Disc Market by 2029?_x000D_
The size of the artificial disc market is anticipated to witness a significant surge in the coming years. It is projected to reach a value of $5.87 billion by 2029, with a compound annual growth rate (CAGR) of 16.4%. The predicted expansion in the forecast period is a result of a competitive industrial landscape, healthcare cost-effectiveness, favorable clinical results, a preference for motion preservation, and an increase in minimally invasive procedures. Major forthcoming trends include patient-oriented care and cooperative decision-making, improvements in surgical methods, introduction of regenerative medicine practices, enlargement of usage indications, and incorporation of sophisticated imaging techniques._x000D_
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Top Growth Drivers in the Artificial Disc Industry: What's Accelerating the Market? _x000D_
The upward trend in spinal cord injuries is anticipated to drive the expansion of the artificial disc market. Spinal cord injuries encompass any damage or harm that occurs to the structures of the spine, including vertebrae, intervertebral discs, ligaments, muscles, nerves, and other supportive elements. Artificial discs are beneficial for spinal cord injuries as they provide a surgical alternative to spinal fusion, reestablish normal motion, reduce discogenic back pain, offer flexibility and mitigate potential side effects from fusion surgery. Illustratively, in a July 2024 study featured in the Journal of Global Health, a Scotland-based open-access academic publication, of 2.22 million youngsters, scoliosis was detected in 1.20% of the cases, with girls being 1.57 times more susceptible than boys. Peak rates were found to be 1.42% in girls aged 13-14 and 1.07% in boys aged 15-16. Scoliosis was predominantly seen in the central region (1.54%) and was mostly mild, with no link to altitude or latitude. Consequently, the increasing prevalence of spinal cord injuries is fuelling the growth of the artificial disc market._x000D_
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What Trends Will Shape the Artificial Disc Market Through 2029 and Beyond?_x000D_
Firms leading the artificial disc market, like Centinel Spine LLC, are prioritizing the development of pioneering artificial discs such as the cervical total disc replacement system. Their aim is to improve patient results, bolster mobility, alleviate pain, and meet the increasing demand for minor surgical alternatives that maintain the natural motion of the spine while efficiently addressing degenerative disc diseases. The cervical total disc replacement system is a surgical tool used to supplant a worn out or degenerated intervertebral disc in the neck region of the spine. For example, in December 2022, Centinel Spine, LLC, a medical device firm based in the USA, introduced its FDA-sanctioned cervical total disc replacement system, which includes the Prodisc C Vivo and Prodisc C SK devices. This system forms part of the company's wider Match-the-Disc platform, designed to aid surgeons in choosing the most suitable implant based on each patient's unique anatomical structure. With numerous implant options on offer, the system increases the likelihood of surgeons finding a disc match that precisely meets each patient's needs._x000D_
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What Are the Main Segments in the Artificial Disc Market?_x000D_
The artificial disc market covered in this report is segmented - _x000D_
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1) By Type: Cervical Disc, Artificial Disc, Lumbar_x000D_
2) By Material: Metal And Plastic, Metal_x000D_
3) By Indication: Spinal Trauma, Degenerative Spine Disease_x000D_
4) By End User: Hospitals, Specialty Clinics_x000D_
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Subsegments:_x000D_
1) By Cervical Disc: Single-Level Cervical Discs, Multi-Level Cervical Discs _x000D_
2) By Lumbar Disc: Single-Level Lumbar Discs, Multi-Level Lumbar Discs _x000D_
3) By Artificial Disc: Total Disc Replacement, Semi-Constrained Disc Implants, Motion-Preserving Disc Implants _x000D_
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Which Top Companies are Driving Growth in the Artificial Disc Market?_x000D_
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_x000D_
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Which Regions Will Dominate the Artificial Disc Market Through 2029?_x000D_
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_x000D_
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