Processing your payment...
Please do not close your browser.

Artificial Disc Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Medtronic, Johnson & Johnson, Globus Medical, Smith & Nephew, Stryker

22 Feb, 2022 | 133 Pages
Shares
facebook sharing button
linkedin sharing button
twitter sharing button
sharethis sharing button

Acknowledging the kind of traction gained by this market, recently published a study report asserts the Lab Furniture market is expected to reach USD 2247.5 million by 2027, registering a phenomenal CAGR of  12.4% during the review period (2022 to 2027).



Artificial Disc Market Overview



The global artificial disc market is expected to grow at a CAGR of around 12.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are constantly tracking and assessing the direct as well as the accidental effect of the pandemic on dissimilar end use sectors. These insights are included in the report as a major market contributor.An artificial disc is an arthroplasty device that is implanted into the lumbar or cervical spine to imitate the function of injured intervertebral discs. It is composed of two end-plates that are usually made using medical-grade polyethylene, cobalt-chromium or titanium alloy. It is soft and compressible and helps dismiss back pain while retaining movement and flexibility. Nowadays, artificial disc replacement, also known as arthroplasty, is gaining traction over fusion surgical procedures across various regions. Its eligibility is determined by doctors using several tests, such as X-rays, discography, computed tomography (CT) scans and magnetic resonance imaging (MRI).



Artificial discs are segmented into cervical and lumbar artificial discs. Lumbar artificial disc market segment is estimated to witness around 18% CAGR over the forecast period due to rapidly growing geriatric patient pool suffering from orthopaedic diseases. Low back pain (LBP) is one of the major disabilities among the geriatric population that limits functionality and decreases the quality of life. 



Who are the Major Players in Artificial Disc Market?



The global Artificial Disc includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Medtronic, Orthofix Medical Inc., Globus Medical, Aesculap, Inc., NuVasive, Inc., AxioMed LLC, Zimmer Biomet, SpineArt SA, Synergy Spine Solutions, Inc., Centinel Spine



Industry News and Updates:



October 13, 2020: Aesculap, Inc. and Ascendco Health Announce Strategic Partnership



Aesculap, Inc., an industry leader in sterile processing and operating room solutions, is pleased to announce its strategic partnership with Ascendco Health, an emerging health tech company. Combining industry-leading expertise with innovative technology, Aesculap, Inc. powered by Ascendco Health’s proprietary technology provides an unparalleled solution for modernizing surgical operations.



In March 2021:Gleneagles Global Health City has launched an advanced endoscopic spine centre to treat spinal disorders requiring surgery in Chennai, which will cater to the problems of the lower back, facet joint pain, sciatic pain, and neck pain radiating to the hands.



What are the major Applications, Types and Regions for Artificial Disc Market?



Market is segmented based on the type, applications, companies and regions.



By Type, it is segmented into




  • Cervical artificial disc

  • Lumbar artificial disc



By Material, it is segmented into




  • Metal

  • Biopolymer



By Application, it is segmented into




  • Hospitals

  • Orthopaedic Clinics

  • Ambulatory Surgical Centers



Artificial Disc Market Regional Analysis



North America accounted for more than half of the total artificial disc market in 2020 and is expected to increase significantly over the forecast period. The rising prevalence of degenerative disc disorders in the region as a result of the region's high adoption of a sedentary lifestyle will drive the market size. In 2020, demand for artificial discs in the United States was estimated to be approximately USD 820 million. The increase in the number of patients getting disc replacement procedures in the country is due to the increased prevalence of DDD. People will seek new and innovative products as a result of the strong footing of key industry players in the United States, fueling regional market expansion in the future years. Furthermore, partial government backing for disc replacement techniques, which has advantages over traditional methods, will help the artificial disc business flourish in the region.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Artificial Disc Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Artificial Disc Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Artificial Disc Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2028 CAGR



CAGR of 12.4% during the review period (2022 to 2027).



By Type



 




  • Cervical artificial disc

  • Lumbar artificial disc



By Application




  • Hospitals

  • Orthopaedic Clinics

  • Ambulatory Surgical Centers



By Companies



Medtronic, Orthofix Medical Inc., Globus Medical, Aesculap, Inc., NuVasive, Inc., AxioMed LLC, Zimmer Biomet, SpineArt SA



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



 



          133



 



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Artificial Disc Report




  • Evaluate Artificial Disc market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Artificial Disc market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Question -



What is the study period of this market?



The Artificial Disc Market is studied from 2022-2027.



Who are the prime players in the Artificial Disc Market?



Medtronic, Orthofix Medical Inc., Globus Medical, Aesculap, Inc., NuVasive, Inc., AxioMed LLC, Zimmer Biomet, SpineArt SA



Which region held the largest share in the Artificial Disc Market?



United States, Europe, China, Japan, Southeast Asia, India and Rest of World



What are the significant types of Artificial Disc Market?



Cervical artificial disc, Lumbar artificial disc



What are the major end-use applications of Artificial Disc Market?



Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centers



 


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL ARTIFICIAL DISC MARKET BY TYPE

    3. GLOBAL ARTIFICIAL DISC MARKET BY MATERIAL

    4. GLOBAL ARTIFICIAL DISC MARKET BY APPLICTAION



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR ARTIFICIAL DISC



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. ARTIFICIAL DISC GROWTH

      2. APPLICATION OF ARTIFICIAL DISC



    4. IMPACT OF COVID 19



  5. GLOBAL ARTIFICIAL DISC MARKET, BY TYPE

    1. INTRODUCTION

    2. CERVICAL ARTIFICIAL DISC

    3. LUMBAR ARTIFICIAL DISC



  6. GLOBAL ARTIFICIAL DISC MARKET, BY MATERIAL

    1. INTRODUCTION

    2. METAL

    3. BIOPOLYMER         



  7. GLOBAL ARTIFICIAL DISC MARKET, BY APPLICATION

    1. INTRODUCTION

    2. HOSPITALS

    3. ORTHOPAEDIC CLINICS

    4. AMBULATORY SURGICAL CENTERS



  8. GLOBAL ARTIFICIAL DISC MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  9. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  10. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. MEDTRONIC

      2. JOHNSON & JOHNSON

      3. GLOBUS MEDICAL

      4. SMITH & NEPHEW

      5. STRYKER

      6. ORTHOVITA

      7. ZIMMER BIOMET

      8. AESCULAP IMPLANT SYSTEMS

      9. ALPHATEC SPINE





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

Please Choose License Type

  • Single User License
    $2500
  • Site License
    $3000
  • Global License
    $5000

How can we help you?

Reach us with your research requirements and we shall provide the optimum solution to suit your needs.

Curioust about Multiple Reports?

Discounts available for multiple report purchases.

Contact Us

Our Clients

  • 3M
  • Merck
  • IBM
  • Dow
  • Henkel
  • AirBus
  • Cummins
  • Intel
  • Sony