Artificial Disc Market Trend, Share, Growth, Size and Forecast 2032

Artificial Disc Market: Industry Prospective

The global artificial disc market size accrued earnings worth approximately USD 1,632.80 Million in 2023 and is predicted to gain revenue of about USD 2,111.50 Million by 2032, is set to record a CAGR of nearly 3.02% over the period from 2024 to 2032.

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The report analyzes the global artificial disc market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the global artificial disc industry.

Artificial Disc Market: Overview

Implanting an artificial disc, a type of arthroplasty device, into the cervical or lumbar spine replicates the function of damaged intervertebral discs. It typically comprises two endplates made from materials like titanium alloy, cobalt-chromium, or medical-grade polyethylene. The design of this device ensures flexibility and ease of movement, all while reducing back strain.

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This report analyzes and estimates the artificial disc market at global, regional, and country level. The research study provides historic data from 2018 to 2022 along with the forecast from 2024 to 2032 based on revenue (USD Billion). The report offers detailed insights of the artificial disc market drivers and restraints along with their impact analysis at a global level from 2024 to 2032.

The report covers an in-depth analysis of the strategies adopted by major competitors in the global artificial disc market. To understand the competitive landscape in the artificial disc market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.

Artificial Disc Market: Report Scope

The research study provides a decisive view on the global artificial disc market based on type, material, and region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.

Artificial Disc Market Growth Dynamics

Rising orthopedic disease incidences across the globe is the leading factor that is likely to propel the artificial disc market during the study timeframe. In degenerative disc diseases (DDD), victims face difficulty in bipedal locomotion owing to the mechanical strain on the vertebral column. The chances of developing DDD rise with the growing age. At present, the majority of the professions involve sitting jobs, where employees have to retain sedentary posture for hours, which leads to several muscular disorders, thereby escalating the artificial disc market growth. However, expensive surgical operations for artificial disc replacement impede the sector growth during the forecast period.

The primary driver of revenue growth in the artificial disc market during the forecast period will be the increasing prevalence of orthopedic conditions in both developed and developing countries. Degenerative disc disorders (DDD), often caused by upright and bipedal walking, which places mechanical stress on the spinal column, are a significant factor.

Another crucial factor contributing to the growth of the artificial disc market is the growing public awareness of technologically advanced spinal discs and the increasing demand for minimally invasive procedures. Advanced products like the Mobi-C multi-level artificial disc are likely to encourage patients with issues with two adjacent spinal discs to use them.

Artificial Disc Market: Competitive Analysis

Some of the essential players flourishing the global artificial disc market, but not restricted to include

• AxioMed LLC (U.S.)
• Simplify Medical, Inc. (U.S.)
• Stryker (U.S.)
• Orthofix (U.S.)
• Globus Medical (U.S.)
• Johnson & Johnson Services, Inc (U.S.)
• B. Braun Melsungen AG (Germany)
• Zimmer Biomet (U.S.)
• Medtronic (Ireland)
• LDR Holding Corporation (U.S.)
• NuVasive, Inc. (U.S.)
• joimax GmbH (Germany)
• VTI - Vertebral Technologies, Inc (U.S.)
• K2M, Inc (U.S.)
• RTI Surgical (U.S.)
• SYNERGY SPINE SOLUTIONS INC. (Canada)
• DePuy Synthes
• and Paradigm Spine

Artificial Disc Market: Segmentation

The report exhibits the analytical information related to the global artificial disc market by segmenting it on the basis of type, material, and region.

Based on the type, the global artificial disc market is segmented into lumbar artificial disc and cervical artificial disc.

Material-wise, the global industry is sectored into metal-on-biopolymer and metal-on-metal.

Artificial Disc Market: Regional Analysis

The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.Request Free SampleThe global artificial disc market is segmented as:

Global Artificial Disc Market: By Type Segments

• Lumbar Artificial Disc
• Cervical Artificial Disc

Global Artificial Disc Market: By Material Segments

• Metal-On-Biopolymer
• Metal-On-Metal

Global Artificial disc Market: Regional Segments

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa