Artificial disc Market: Future market projections And Opportunity Analysis 2025

The Latest Trending research study titled, “Artificial Disc Market by Product and Material - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the artificial disc market is projected to be around $4.8 billion by 2025. Artificial discs are synthetic replacements for damaged intervertebral discs present in the cervical or lumbar regions of the spine. In artificial disc replacement surgery, a painful disc is replaced with an artificial disc. Cervical spine disorders are illnesses resulting from the damage/breakdown of the normal architecture of the cervical spine.

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Cervical artificial disc segment occupied a major share of the global artificial disc market in 2016. This major share is attributed to factors such as rising prevalence of cervical disc degenerative diseases and increase in number of cervical artificial disc surgeries. Metal on biopolymer segment held the major share of the global artificial disc market in 2016, due to rising acceptance among medical professionals because of its improved biocompatibility. Metal on metal artificial disc segment is anticipated to grow at a double digit CAGR over the forecast period, due to its low cost as compared to metal on biopolymer artificial disc..

Key Market Players:
Stryker Corporation
Zimmer Biomet Holdings Inc.
Medtronic
LDR Holding Corporation
Aesculap Implant Systems LLC
Globus Medical Inc.
DePuy Synthes Spine Inc.
NuVasive Inc.

Regional outlook:
U.S. held a major share of the North American artificial disc market in 2016, owing to the growing incidence of cervical disc degenerative diseases coupled with high disposable income of the people in the region. Japan held more than one-fourth share of the Asia-Pacific artificial disc market in 2016. High disposable income along with sophisticated healthcare infrastructure will contribute to the growth of the Japanese market.

Key Findings of the Research Study:
1. Cervical disc segment held over two-third share of the global artificial disc market in 2016 and is expected to grow at a double digit growth rate over the forecast period as a result of rising incidence of cervical disc degenerative diseases.
2. Metal on biopolymer segment held over three-fourth share of the artificial disc market in 2016, due to its increased acceptance among healthcare professionals.
3. North America held more than half of the global artificial disc market in 2016, owing to the presence of advanced infrastructure and large number of disc replacement surgeries performed in the region due to presence of trained surgeons.
4. Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to advances in healthcare infrastructure and rising incidence of degenerative disc diseases.
5. UK held a little below one-fourth share of the European artificial disc market in 2016 and will grow at a double digit growth rate over the forecast period due to increasing geriatric population and state-of-the-art healthcare infrastructure.

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Report’s Magnitude:
This report contains Segment wise in-depth analysis in terms several above-mentioned segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.