Artificial Disc Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Artificial Disc Market size surpassed USD 1.6 billion in 2019 and is projected to achieve over 18% CAGR up to 2027. 

Artificial disc replacement is a new procedure that replaces the function of a damaged or diseased spinal disc. It is an alternative to spinal fusion for the surgical treatment of serious disc problems. Disc herniation, bone spurs, spondylosis, or neuromyopathy are conservative measures to relieve tight nerves that cause pain that has not been relieved. The spine is replaced by an artificial device of the lumbar (lower) or cervical (upper). During the procedure, the damaged disc is removed and debris around the bone is cleaned. Bones are also cleaned up to make room for artificial discs. Then the disc is inserted into space. When it is fixed and the soft tissue of the neck is in place, the incision is closed. This procedure is used to treat chronic, severe back pain and cervical pain caused by degenerative disc disease.

Market Segments

By Type

• Cervical artificial disc
• Lumbar artificial disc

By Material

• Metal-on-metal
• Metal-on-biopolymer

MARKET PLAYERS

• Simplify Medical Inc.
• Spinal Kinetics Inc.
• Zimmer Biomet Holdings Inc.
• Axiomed LLC
• B. Braun Melsungen AG
• K2M Inc.
• Medtronic PLC
• Nuvasive Inc.
• Globus Medical Inc.

Scope of the Report

The research study analyzes the global Artificial Disc industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Artificial Disc Market Report

1. What was the Artificial Disc Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of the Artificial Disc Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Artificial Disc Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.