Press release
Global Cervical Total Disc Replacement Device Market: Segment Snapshot and Table of Content (2015-2021)
According to the latest market report published by Persistence Market Research titled “Cervical Total Disc Replacement Device Market: Global Industry Analysis & Forecast: North America to Witness Highest Growth by 2021”, the CTDR device market is expected to be valued at US$ 489.7 Mn by the end of 2015. It is anticipated to expand at a CAGR of 23.1% during the forecast period (2015 - 2021) to account for US$ 1,750.1 Mn by 2021.Cervical total disc replacement (CTDR) device is used to treat patients suffering from degenerative disc disorders (DDD). Neck pain is the major cause for development of DDD in cervical region of the spine. Cervical disc replacement procedure is performed for treatment of DDD, where the degenerated disc is removed surgically and an artificial disc is implanted in the vertebra. This is a minimal incision surgery (MIS), which results in quick recovery post-surgery, short hospital stay and low revision surgery rate. Various benefits of this procedure is increasing adoption rate of this surgery over conventional spinal fusion surgery. Conventionally, DDD is treated through spinal fusion surgery, but due to high rate of revision surgery and increasing prevalence of adjacent segment disc degeneration post fusion surgery, doctors are considering cervical disc replacement over spinal fusion.
The CTDR device market is mainly driven by factors such as growing ageing population, low revision surgery rate of cervical disc replacement surgery, and increasing demand for advanced CTDR device. However, factors such as inadequate reimbursement policies and lack of clinical data are expected to hamper market growth. The CTDR device market is segmented on the basis of material type and end user.
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Key players covered in this report are Medtronic, plc, Depuy Synthes, Globus Medical, Inc., NuVasive, Inc., LDR Holding Corporation. These players have been profiled on the basis of various attributes such as company overview, recent developments, growth strategies, sustainability, and financial overview.
Summary of Table of Content
1. Executive Summary
2. Research Methodology
3. Assumptions & Acronyms Used
4. Global Cervical Total Disc Replacement Device Market Overview
5. Global CTDR Device Market Analysis, By Material Type
6. Global CTDR Device Market Forecast, By End User
7. Global CTDR Device Market Forecast, By Region
8. North America CTDR Device Market Analysis
9. Latin America CTDR Device Market Analysis
10. Europe CTDR Device Market Analysis
11. APAC CTDR Device Market Analysis
12. MEA CTDR Device Market Analysis
13. Global CTDR Device Company Shares, By Region
14. Competition Landscape
Request to Browse Full Table of Content, figure and Tables @ https://www.persistencemarketresearch.com/market-research/cervical-total-disc-replacement-market/toc
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
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