Press release
artificial disc replacement market Share, Statistics, Trends, Segmentation Analysis and Forecast to 2023
The report for global artificial disc replacement market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.Global artificial disc market was USD 922 million in 2016 which is expected to grow till USD 2.5 billion by end of 2023 at a CAGR of 15% during forecasted period.
Artificial disc replacement is known as total disc replacement involving replacement of damaged intervertebral disc in spinal cord. This treatment is used for the treatment of severe and chronic back pain. Increasing aging population and adoption of minimum surgical treatment and increasing government support for research has boosted market growth. High cost of the treatment and devices may hamper the market growth.
Key players for global artificial disc replacement market : Alphatec Spine Inc. (US), Medtronic Inc. (UK), De Puy Spine (US), Stryker Corporation (US), Smith & Nephew Plc (UK), Orthovita Inc. (US), Globus Medical (US), Zimmer Spine Inc (US), Aesculap Implant Systems (US), NuVasive (US), Zimmer-Biomet (US) and many more
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Segmentation
Global artificial disc replacement market is segmented on the basis of type into cervical discs replacement, lumber disc replacement and other. On the basis of material they are segmented as metal and biopolymer.
Regional Analysis
On regional basis, global artificial disc replacement market is segmented into North America, Europe, Asia-Pacific, and Middle East and Africa. North America accounts the largest artificial disc replacement market followed by Europe. Trained surgeons, presence of advanced facilities for disc replacement surgeries, growing prevalence of degenerative disc diseases because of increasing aging population. Asia-Pacific is the fastest growing region for the artificial disc replacement market. A huge population base and rapidly developing economies like India and China plays an important role in development of Asia-Pacific region. Middle East and Africa has the least market for artificial disc replacement market.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCE
3 MARKET DYNAMICS
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
….Continued
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The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
MRFR has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Our Research Analysts are eager to share their knowledge and assist you in refining market research parameters, choosing right market studies, and evaluating both the market scope and the research methodologies of varied segments.
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