MARKET OVERVIEW
Artificial disc replacement systems are devices used to replace damaged or degenerated discs in the spine. These devices are designed to maintain the spine's natural motion and relieve chronic back pain. Artificial disc replacement systems are an alternative to traditional spinal fusion surgery, which involves fusing two or more vertebrae together to stabilize the spine. These devices offer several advantages over traditional spinal fusion surgery, including a faster recovery time, reduced risk of adjacent segment disease, and improved range of motion.
MARKET DYNAMICS
The artificial disc replacement systems market is anticipated to grow in the forecast period owing to driving factors such as the growing prevalence of degenerative spine conditions, increasing geriatric population across the globe, rising preference for minimal surgical procedures, and advantages of minimally invasive procedures over traditional spine fusion procedures.
MARKET SCOPE
The "Global Artificial Disc Replacement Systems Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of artificial disc replacement systems market with detailed market segmentation by disc type, location, material, and geography. The global artificial disc replacement systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading artificial disc replacement systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global artificial disc replacement systems market is segmented on the basis of disc type, location, and material. Based on disc type, the market is segmented into composite, elastic, mechanical, and other. Based on location, the market is segmented into cervical discs replacement and lumbar disc replacement. Based on material, the market is segmented into metal, biopolymer, mixed, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global artificial disc replacement systems market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South & Central America. The artificial disc replacement systems market by each region is later sub-segmented by respective countries and segments. The report covers an analysis and forecast of 18 countries globally, along with current trends and opportunities prevailing in the region.
The report analyzes factors affecting the artificial disc replacement systems market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the artificial disc replacement systems market in these regions. Â
MARKET PLAYERS
The reports cover key developments in the artificial disc replacement systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and, partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from the artificial disc replacement systems market are anticipated to have lucrative growth opportunities in the future with the rising demand for artificial disc replacement systems in the global market. Below mentioned is the list of few companies engaged in the artificial disc replacement systems market.
The report also includes the profiles of key artificial disc replacement systems market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information for last three years, and key development in the past five years.
- Globus Medical
- Medtronic
- Zimmer Biomet
- Aesculap Implant Systems, LLC
- NuVasive Inc.
- SpineArt SA
- K2M
- Centinel Spine
- Synergy Spine Solutions, Inc
- Elite Surgical