Massive Expansion of Artificial disc replacement Market: Valuation USD 2.5 billion by 2023 at a CAGR of 15%

Artificial disc replacement market
Global artificial disc replacement market research report, by type (cervical discs replacement, lumber disc replacement and other), by material (metal and biopolymer) – forecast till 2023

Market Research Future published a research report on “Artificial disc replacement market Research Report- Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario:

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.

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.

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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)

Study Objectives global artificial disc replacement market

  • To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the global artificial disc replacement market
  • To provide the detail information about drivers and factors restraining the market growth.
  • To analyze global artificial disc replacement market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia Pacific, and Middle East and Africa.
  • To provide the trends and opportunities in global artificial disc replacement market.
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global artificial disc replacement market.

 Intended Audience

  • Artificial disc manufacturing company
  • Artificial disc supplier
  • Research and Development (R&D) Companies
  • Government and Independent Research Laboratories
  • Contract Research Organizations (CROs)
  • Medical Research Laboratories
  • Academic Medical Institutes and Universities

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.

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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 account 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.

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. 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

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We are thankful for the support and assistance from Artificial disc replacement market Research Report- Global Forecast to 2023 chain related technical experts and marketing experts during Research Team survey and interviews.

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