The global Artificial Discs Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.

This Artificial Discs market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.

Data Bridge Market Research analyses that the artificial discs market which was USD 2.09 billion in 2021, would rocket up to USD 7.91 billion by 2029, and is expected to undergo a CAGR of 18.10% during the forecast period 2022 to 2029.

Top Companies in the Global Artificial Discs Market:
AxioMed LLC (U.S.), Simplify Medical, Inc. (U.S.), Stryker (U.S.), Orthofix (U.S.), Globus Medical (U.S.), Johnson & Johnson Services, Inc (U.S.), B. Braun Melsungen AG (Germany), Zimmer Biomet (U.S.), Medtronic (Ireland), LDR Holding Corporation (U.S.), NuVasive, Inc. (U.S.), joimax GmbH (Germany), VTI - Vertebral Technologies, Inc (U.S.), K2M, Inc (U.S.), RTI Surgical (U.S.), among others.

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Market Segmentation:

The artificial discs market is segmented on the basis of product type, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Cervical Artificial Disc
  • Lumbar Artificial Disc

Application

  • Hospitals and Clinics
  • Ambulatory Surgery Centers
  • Others

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

North America dominates the artificial discs market due to high adoption of sedentary lifestyle.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the large population which makes it lucrative in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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Market Dynamics

Drivers

  • Rising prevalence of orthopaedic illnesses

The main driver of artificial disc market revenue throughout the forecast period would be the rising prevalence of orthopaedic illnesses in both developed and developing nations. Frequently, upright and bipedal walking, which places mechanical stress on the spinal column, is to blame for degenerative disc disorders (DDD).

  • Growing knowledge of technologically sophisticated spinal discs

Another important factor that will fuel the expansion of the artificial disc industry is the public's growing knowledge of technologically sophisticated spinal discs and the rising desire for minimally invasive procedures. Patients with problems at two successive spinal discs will be encouraged to use advanced goods like the Mobi-C multi-level artificial disc.

Opportunities

Additionally, a clinical investigation showed that the cervical-total disc replacement (C-TDR) technique was practically always clinically better to anterior cervical discectomy and fusion. This will increase the number of patients with disc replacement procedures, accelerating market expansion.

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