According to the research report, the global artificial discs market was valued at USD 2.09 billion in 2021 and is expected to reach USD 9.25 billion by 2030, to grow at a CAGR of 18.08% during the forecast period.
Polaris Market Research has published its latest comprehensive research study tiled Artificial Discs Market Evaluation. The report offers an in-depth analysis of all the key market aspects, covering Artificial Discs market share, size, trends, and industry developments. It offers authentic data and information to clients, helping them make strategic decisions. In addition, the research report tracks and provides information on all the major innovations and technological advancements in the market.
The research report considers the market’s past performance, highlights the market’s current status, and provides information on market forecasts. It examines the market’s competitive environments, along with the major segments and sub-segments in the market. In addition, an examination of the key regions and sub-regions has been provided. Stakeholders, investors, businesses, and other stakeholders will benefit from the detailed insights provided in the research study.
Market Dynamics
Growth Drivers: The research report sheds light on all the major factors driving the Artificial Discs market growth.
Market Trends: The study identifies and highlights all the key trends expected to fuel market development in the coming years.
Market Opportunities: The research report identifies areas where there is potential for growth or innovation within the market.
Key Challenges: Along with growth drivers and trends, the study details the most pressing challenges faced by the market and their potential impact on businesses and investors.
Research Methodology
This section of the Artificial Discs market research report highlights the research design and methods used to collect and analyze information. The report has been prepared by using a mix of both qualitative and quantitative analysis. Both primary and secondary research techniques, including surveys, focus groups, and information from credible sources, have been used to collect market data. The study has been prepared by expert analysts and researchers having extensive experience in the industry. In addition, all the information goes through a multi-step verification method to ensure accurate and reliable market analysis.
Market Segmentations
Artificial Discs Market: Revenue Outlook by Material (USD Billion, 2018–2030)
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Metal & Plastic
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Metal
Artificial Discs Market: Revenue Outlook by Indication (USD Billion, 2018–2030)
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Cervical Disc Replacement
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Lumbar Disc Replacement
Artificial Discs Market: Revenue Outlook by End-Use (USD Billion, 2018–2030)
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Hospitals
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Ambulatory Surgical Centers
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Competitive Landscape
The Artificial Discs market competitive landscape explores all the major players in the market. It offers insight into the strategies, market share, strengths, and weaknesses. It also includes a competitive matrix, highlighting how the major market players across different market criteria such as product offerings, innovation, customer service, or pricing. An analysis of emerging market competitors has also been provided in the report. The research study makes use of industry-standard methodologies such as Porter’s Five Forces analysis and SWOT analysis to offer a thorough analysis of the market’s competitive environment.
A few of the major players covered in the research report are:
- Medtronic
- Orthofix US LLC.
- Globus Medical
- B. Braun
- NuVasive Inc.
- AxioMed LLC
- Zimmer Biomet
- Spine Art SA
- Synergy Spine Solutions Inc.
- Centinel Spine LLC
Growth Drivers
The artificial discs market is primarily fueled by product innovation, driven by the rising demand for spinal procedures and expanding opportunities in emerging areas such as advanced spinal robotic surgeries and predictive procedure planning algorithms. The increasing incidence of cervical disc injuries, along with a growing number of corrective surgeries, is also expected to propel market growth.
Additionally, the global rise in the geriatric population, coupled with age-related spinal conditions linked to frailty and other co-morbidities, is contributing to a higher number of patients seeking spinal diagnoses and opting for disc replacement procedures.
For example, a 2022 study published in Acta Neurochirurgica reported that approximately 33.5% of cervical spine injuries in the U.S. were treated with surgery, reflecting a growing preference among healthcare providers for corrective surgical interventions over traditional conservative treatments. This trend is anticipated to boost the adoption of artificial discs and support market growth.
Furthermore, key market players are focusing on innovation and diversifying their product offerings to meet the increasing demand for customized spinal implants. The expanding use of artificial discs in spinal rehabilitation, thanks to their numerous benefits, is also driving their adoption among patients.
Regional Overview
The research report discusses how the growth of the market across various regions and sub-regions. The regional analysis section provides Artificial Discs market information at the global, national, and regional levels. In addition, an assessment of the market’s historical performance in specific regions and their supply and demand, logistics, and production capacity has been provided. The report also includes a forecast analysis section that provides vital information on revenue projection and global production, along with regional forecasts.
The key regions and sub-regions covered in the research report are:
• North America (US, Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
The Report Answers Questions Such As
• What are the Artificial Discs market stats?
• What is the projected growth rate of the Artificial Discs market value?
• Which region is projected to witness the fastest growth during the forecast period?
• Which segment accounted for the largest market share?
• Who are the top companies operating in the market?
• How are strategic developments expected to impact the market in the coming years?
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