Press release
Artificial Disc Market 2025 Key Manufacturers Analysis
Crystal Market Research
Artificial disc market is expected to be around $4.8 billion by 2025. This is attributed to the development of technologically advanced treatment options, rising prevalence of degenerative disc diseases, and increased inclination for minimally invasive medical interventions. Moreover, an improvement in clinical trial results for artificial disc is set to increase demand among surgeons and patients. On the other hand, unfavorable reimbursement policies and high cost of devices will hamper the market growth.
Major Key Player
o Stryker Corporation
o Zimmer Biomet Holdings Inc.
o Medtronic
o LDR Holding Corporation
o Aesculap Implant Systems LLC
o Globus Medical Inc.
o DePuy Synthes Spine Inc.
o NuVasive Inc.
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Material Outlook and Trend Analysis
Metal on biopolymer segment occupied largest share of the overall market in 2015, due to increased acceptance among healthcare professionals and enhanced biocompatibility. Metal on metal segment is expected to witness high growth rate primarily due to low cost in comparison with metal on biopolymer artificial disc. Additionally, a growing need for cost efficient products in developing nations is further contributing to the segment growth.
Product Outlook and Trend Analysis
Cervical artificial disc segment accounted for the highest share of the global market in 2016, due to availability of large number of products for the treatment of cervical disorders and rise in number of surgeries related to cervical artificial discs. Lumbar disc replacement is the most common non-surgical treatment alternative for the people suffering from severe back pain as it helps to gain normal motion with substantial progress in back pain.
Artificial Disc Market Segmentation
By Product:
• Lumbar Disc
• Cervical Disc
By Material:
• Metal on Biopolymer
• Metal on Metal
By Region:
• North America
o U.S
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
• Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others
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Table of Contents :
1. Introduction
2. Executive Summary
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Technological Advancements to Develop Effective Treatment Options
3.3.1.2. Rising Prevalence of Degenerative Disc Diseases
3.3.1.3. Lower Re-operation Rate
3.3.1.4. Increased Preference for Minimally Invasive Medical Interventions
3.3.2. Restraints
3.3.2.1. Lack of Uniform and Adequate Reimbursement
3.3.2.2. High Procedure Cost
3.3.2.3. Expensive Devices
3.3.3. Opportunities
3.3.3.1. Increase Awareness Among People
3.3.3.2. Improved Healthcare Infrastructure in Developing Nations
3.3.3.3. Rising Medical Tourism
3.4. Industry Trends
3.5. Reimbursement Scenario
4. Artificial Disc Market, By Product
5. Artificial Disc Market, By Application
6. Artificial Disc Market, By Region
7. Company Profiles
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About Us:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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