The Global Artificial Disc Replacement Market report provides 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.
The Artificial Disc Replacement Market gives the detail information about drivers and factors restraining the market growth and analyzes global artificial disc replacement market based on various factors- price analysis, supply chain analysis, porters five force analysis. 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
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Study Objectives Global Artificial Disc Replacement Market:
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.
Global Artificial Disc Replacement Market Synopsis:
Artificial Disc Replacement 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.
The 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.
Artificial Disc Replacement Market 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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Global Artificial Disc Replacement Market 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.
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