Disc Prostheses Market Size And Forecast
Disc Prostheses Market size was valued at USD 467.62 Million in 2020 and is projected to reach USD 1,701.01 Million by 2028, growing at a CAGR of 17.53% from 2023 to 2032.
The factors propelling the growth of the Disc Prostheses Market are rising income coupled with rising healthcare spending in emerging nations and increase in improvements in artificial discs’ enhance. The market is comprehensively evaluated in the study on the global disc prostheses market. The research provides a thorough analysis of the market’s key segments, trends, drivers, restraints, competitive environment, and other important elements.
Global Disc Prostheses Market Definition
A prosthesis disc is a piece of equipment placed in the spine that performs the same functions as a typical prosthesis disc. Spinal arthroplasty and disc replacement are other names for it. It is a synthetic disc that is utilised in surgery to replace a spinal disc that has been injured with a synthetic or artificial device. Additionally, a disc in the cervical or lumbar spine may be replaced. The gold standard for cervical spine surgery for a long time was anterior cervical discectomy and fusion (ACDF). It is secure, efficient, simple to use, and recovers quickly. ACDF may be an option for those whose prior neck surgery damaged their vertebral bones and facet joints. The artificial disc needs to fit precisely and be installed in the disc replacement. It does not meet a requirement for ACDF. Cervical disc replacement is known as total disc replacement or artificial disc replacement.
The injured disc is removed during this treatment, and it is then replaced with a metal or polymer prosthesis. The surgeon first cuts a small hole in the side of the neck and carefully pulls it away from the surrounding tissue. The osteophytes and injured disc are both removed. The incision is then closed after the prosthetic has been placed. After a cervical disc replacement, you can resume modest activities and work two to four weeks later. It could be necessary to wait six to eight weeks before engaging in more strenuous exercise. Since ACDF does not call for a synthetic disc, it runs the danger of nonunion, which occurs when the bone graft fails to fuse the spine. Cervical disc replacement may not require bone grafting since ACDF does not call for an artificial disc.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Disc Prostheses manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Disc Prostheses market covering all its essential aspects.
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Global Disc Prostheses Market: Segmentations
Global Disc Prostheses Market: By Key Players
Company A
Company B
…
Global Disc Prostheses Market: By Types
Cervical Disc
Lumbar Disc
Global Disc Prostheses Market: By Applications
Metal-on-metal
Metal-on-polymer
Global Disc Prostheses Market: Regional Analysis
The countries covered in the regional analysis of the Global Disc Prostheses market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Global Disc Prostheses Market Overview
Rising income, along with rising healthcare spending in emerging nations and advancing artificial disc technology, is the main driver of market expansion. Chronic pain, severe back pain, and cervical pain are all treated with the artificial disc. Pain that has not been sufficiently alleviated by non-operative therapies, such as injections, physical therapy, and pharmaceuticals, is treated with an artificial disc. Compared to typical fusion surgery, artificial disc replacement provides for a quicker return to activities, making it more beneficial. The ageing population’s increased prevalence of degenerative spine illnesses, rising consumer desire for less invasive surgery, and technological improvements in artificial discs are the main reasons driving the global market for disc prostheses.
The market is growing as a result of numerous important players creating new goods such a multi-level artificial disc, improvements to existing technologies, and rising demand for minimally invasive procedures. The fact that developing nations still rely on conventional therapies like spinal fusion surgery for degenerative disc treatment, however, is what is impeding the market’s expansion in these nations. The opportunities for the Disc Prostheses Market include the rising geriatric population combined with significant financial support from the government and major players, improvements in medical service consumption, an increase in drug use and cases in developing nations, rising customer awareness, and an increase in technological advancements in artificial discs.
Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.
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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Market dynamics scenario, along with growth opportunities of the market in the years to come
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