DUBLIN--(BUSINESS WIRE)--The "Artificial Disc Market by Type, by Material and by Geography- Global Market Size, Share, Development, Growth, and Demand Forecast, 2014-2024" report has been added to ResearchAndMarkets.com's offering.
The growth in the industry is expected to be majorly led by product and technological innovations, increasing incidence of degenerative disc diseases, rising propensity for minimal incision surgeries, better clinical trial results with cervical total disc replacement (C-TDR) compared to anterior cervical discectomy and fusion (ACDF), long-term cost benefits of disc replacement over spinal fusion procedures, surging geriatric population, and rising healthcare expenditure.
On the basis of material, the market has been categorized into metal-on-polymer and others; the other materials used primarily include metal-on-ceramic, polymer-on-ceramic, and metal-on-metal. Metal-on-polymer is estimated to hold a larger share, of 82.9%, in 2017, with the demand for metal-on-polymer discs majorly driven by their higher impact strength, better motion, and easier insertion capabilities.
On the basis of type of artificial disc available in the market, cervical discs are estimated to garner a larger share of 68.0%, in the artificial disc market in 2017, as they facilitate early postoperative neck motion and reduce the chances of the cervical degenerative disc disease of adjacent segments of the cervical spine, post-surgery.
Asia-Pacific (APAC) expected to be the fastest growing market for artificial discs
The APAC artificial disc market is expected to witness the fastest growth in demand, at a CAGR of 20.6%, during the forecast period, owing to growing geriatric population, rising healthcare expenditure, increasing per capita income, and increasing public and private investments in the healthcare sector to cater to the unmet medical needs of the people in the region.
Some of the other key players operating in the artificial disc market are AxioMed LLC, Simplify Medical Inc., K2M Inc., Spinal Kinetics Inc., Globus Medical Inc., Johnson & Johnson, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., and Medtronic PLC.
Key Topics Covered:
1. Research Background
2. Research Methodology
3. Executive Summary
5. Global Market Size and Forecast
6. North America Market Size and Forecast
7. Europe Market Size and Forecast
8. APAC Market Size and Forecast
9. LATAM Market Size and Forecast
10. MEA Market Size and Forecast
11. Competitive Landscape
12. Company Profiles
- Axiomed LLC
- B. Braun Melsungen AG
- Globus Medical Inc.
- Johnson & Johnson
- K2M Inc.
- Medtronic PLC
- Nuvasive Inc.
- Simplify Medical Inc.
- Spinal Kinetics Inc.
- Zimmer Biomet Holdings Inc.
For more information about this report visit https://www.researchandmarkets.com/research/5k47q9/artificial_spinal?w=4