A disc prosthesis is a device implanted in the spine that emulates the functions of a natural disc. A disc replacement or spine arthroplasty device is another name for it. It's a type of artificial disc that's used in surgical procedures to replace a damaged intervertebral disc in the spinal column with a man-made device. A disc in the cervical or lumbar spine can be replaced with this disc.
MARKET DYNAMICS
The increasing healthcare spending in developing economies and advancements in artificial discs, and growing demand for minimally invasive procedure will spur the demand for disc prostheses market. Additionally, various major players are engaged in developing the new products such as multi-level artificial disc, and developments in existing technologies will boost the market growth to significant extent over the forecast period. However, developing countries are still dependent on traditional treatment such as spinal fusion surgery in case of degenerative disc treatment may restraint the growth of the market in the forecasted period.
MARKET SCOPE
The "Global Disc Prostheses Market Analysis to 2027" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of disc prostheses market with detailed market segmentation by product type, application, and geography. The global disc prostheses market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading disc prostheses market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global disc prostheses market is segmented on the type, application, and distribution channel. Based on type, the global disc prostheses market is segmented into lumbar disc and cervical disc. Based on application, the global disc prostheses market is segmented into metal-on-polymer, metal-on-metal, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global disc prostheses market based on various segments. It also provides market size and forecast estimates from year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The disc prostheses market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting disc prostheses market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides 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 effecting the Disc prostheses market in these regions.
MARKET PLAYERS
The reports cover key developments in the disc prostheses 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 partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from disc prostheses market are anticipated to lucrative growth opportunities in the future with the rising demand for disc prostheses market in the global market. Below mentioned is the list of few companies engaged in the disc prostheses market.
The report also includes the profiles of key disc prostheses 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 of last 3 years, key development in past five years.
- Alphatec Spine
- AxioMed
- B. Braun
- Centinel Spine
- Globus Medical
- Medtronic
- NuVasive
- Orthofix Company
- Simplify Medical
- Zimmer Biomet
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.