An artificial lumbar disc is used during the lumbar disk replacement procedure, a type of back or spine surgery. The artificial disc replaces a worn or degenerated disc in the lower part of the spine, made of metal or metal alloys and polymers. The lumbar artificial disc replacement procedure is an alternative to spinal fusion surgery.
MARKET DYNAMICS
The lumbar artificial disc market growth is anticipated to grow due to increasing numbers of spine surgeries, growing geriatric population, rising accidental cases, and growing product development in the medical device sector. The growing technological advancement is expected to serve vital growth opportunities for the market.
MARKET SCOPE
The "Lumbar Artificial Disc Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Lumbar artificial disc market with detailed market segmentation by material, and end user. The Lumbar artificial disc market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Lumbar artificial disc market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Lumbar artificial disc market is segmented on the basis of material, and end user. Based on material, the market is segmented as cobalt-chrome alloys, titanium alloys, stainless steels, polyethylene, polyurethane, and ceramics. And based on end user, the market is classified as hospitals, specialty clinics, and ambulatory surgical centers
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Lumbar artificial disc market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Lumbar artificial disc 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 Lumbar artificial disc market from both demand and supply side and further evaluates market dynamics affecting the market during 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 Lumbar artificial disc market in these regions.
MARKET PLAYERS
The report covers key developments in the Lumbar artificial disc 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 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 Lumbar artificial disc market are anticipated to have lucrative growth opportunities in the future with the rising demand for Lumbar artificial disc in the global market. Below mentioned is the list of few companies engaged in the Lumbar artificial disc market.
The report also includes the profiles of key players in Lumbar artificial disc market 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.
- Centinel Spine, LLC
- B. Braun Melsungen AG
- Zimmer Biomet
- AxioMed LLC.
- Stryker
- Globus Medical
- SPINEART SA
- FH ORTHO S.A.S.
- Aditus Medical
- Spinal Kinetics LLC.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.