What factors are propelling North America artificial disc industry expansion?

North America artificial disc market is estimated to surpass USD 1.3 billion by 2032 driven by the growing geriatric population in the U.S.

Who are the leading artificial disc manufacturers?

AxioMed LLC, Globus Medical Inc., KM Inc., Medtronic PLC, NuVasive Inc., Paradigm Spine LLC, Spineart SA, Stryker, and Zimmer Biomet are some of the major manufacturers of artificial discs.

What is the artificial disc market worth?

Global market for artificial disc crossed USD 1.6 billion in 2022 and is anticipated to exhibit over 3% CAGR from 2023-2032.

Why is the demand for cervical artificial discs growing?

Cervical artificial discs is poised to surpass USD 1.5 billion by 2032 due to benefits such as faster recovery, low-cost and long-lasting effects.

Artificial Disc Market Size

Report ID: GMI1183

Published Date: February 2023

Report Format: PDF

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Artificial Disc Market Size

Artificial Disc Market size crossed USD 1.6 billion in 2022 and is predicted to exhibit over 3% CAGR from 2023-2032. Growing demand for cervical-total disc replacement is projected to complement the market expansion.

Surging incidences of degenerative disc diseases across the world are expected to positively impact the dynamics. According to Medicare, the rate of prevalence of spine degeneration is more than 25% in the U.S., with a higher incidence rate in women as compared to men. The rising geriatric population represents a massive patient pool with unmet healthcare needs associated with back pain driven by musculoskeletal aging. For instance, according to the National Commission on Population, the elderly population in India is expected to account for 18% of the total population by 2036.

Authors: Mariam Faizullabhoy ,

Frequently Asked Question(FAQ) :

What factors are propelling North America artificial disc industry expansion?: North America artificial disc market is estimated to surpass USD 1.3 billion by 2032 driven by the growing geriatric population in the U.S.
Who are the leading artificial disc manufacturers?: AxioMed LLC, Globus Medical Inc., KM Inc., Medtronic PLC, NuVasive Inc., Paradigm Spine LLC, Spineart SA, Stryker, and Zimmer Biomet are some of the major manufacturers of artificial discs.
What is the artificial disc market worth?: Global market for artificial disc crossed USD 1.6 billion in 2022 and is anticipated to exhibit over 3% CAGR from 2023-2032.
Why is the demand for cervical artificial discs growing?: Cervical artificial discs is poised to surpass USD 1.5 billion by 2032 due to benefits such as faster recovery, low-cost and long-lasting effects.

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Authors: Mariam Faizullabhoy ,

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Base Year: 2019

Companies covered: 14

Tables & Figures: 181

Countries covered: 30

Pages: 125

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Artificial Disc Market Size

Artificial Disc Market Size

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