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 Trends

Report ID: GMI1183

Published Date: February 2023

Report Format: PDF

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Artificial Disc Market Trends

The rising costs of implants and the lack of reimbursement are among the key roadblocks hindering the artificial discs market growth. The increasing sophistication of technologies used in medical devices and implants adds to the cost of these products. For instance, a cervical total disc replacement (CTDR) implant costs between USD 9,000 to USD 12,000. However, advancements in CTDR devices for the treatment of cervical diseases and adequate training for surgeons for proper handling of the medical equipment will enhance the industry scope.

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 Trends

Artificial Disc Market Trends

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