The intervertebral disc consists of an inner portion which is a jelly like material and an outer portion which is a strong fibrous material. Over the last 3 decades, several medical device manufacturers have invested in the research and development of artificial discs which have received stringent scrutiny for approval from the regulatory agencies globally. The risks associated with total disc replacement are stroke, bleeding, nerve damage and difficulty in breathing. The manufacturers are currently developing artificial discs using radiolucent materials.
The cervical and lumbar vertebral columns are covered in the surgery site segments as these are the flexible sites and vulnerable to disc degeneration due to no adjacent musculoskeletal support. Different types of artificial discs covered for the scope of the report consists of elastic, composite, mechanical discs and hydraulic. To understand the latest trend in the above segments market estimation and data forecasting for the duration in the scope of the report.
Country cross-sectional analysis is done in the geography segment including the market estimation and data forecast.
Market assessment is a very effective tool in understanding the current business scenario in orthopedic artificial discs market. Data forecasting and market sizing for the segments covered for the scope of the report give the latest trends prevalent in orthopedic artificial discs market. Product portfolio analysis is done in the company profiles section, where the diversity in the artificial discs used for treatment of spine injuries and discs degeneration are deciphered. Technical and commercial advances in the artificial discs market are covered under the recent news coverage in company profiles, which helps to anticipate the future growth of the market. The companies that command the orthopedic artificial discs market are Alphatec Spine, Inc., Arthrocare Corporation, AMEDICA Corporation, DePuy Synthes, Inc., Stryker Corporation, Integra LifeSciences Corporation, Medtronic Plc, Biomet, Inc., NuVasive, Inc., Orthofix Holdings, Inc., and Zimmer Holdings, Inc.
Over a decade ago, spinal fusion surgery was considered as the gold standard for the treatment of spine injuries emerging from to trauma and degenerative disc diseases. The limitations associated with the spinal fusion surgery were post-procedure complications such as spinal stenosis, osteophyte formation and adjacent disc degeneration. Currently, composite artificial disc types are widely used for artificial discs replacement surgery as these are made from chromium, cobalt and molybdenum alloys which increase their hemocompatibility and shock-absorbing capacity. Hydraulic artificial discs are used in the treatment of cervical disc herniation and to gain relieve from sciatica pain occurring due to pressure on sciatic nerve by discs in the lumbosacral region. Elastic artificial discs are gaining prominence in maintaining the intervertebral integrity and flexibility reduced with age. Mechanical artificial discs are recommended to patients suffering with transition syndrome a premature degeneration disease at the spine adjacent levels.
Artificial disc replacement is done to improve mobility and reduce pain experienced by patients in the cervical and lumbar regions of the vertebral column. The major risk encountered in spinal fusion surgery was the accelerated degeneration of discs in adjacent levels. Spinal surgeons have considered artificial disc replacement as a viable alternative to spinal fusion surgery. Spinal discs act as shock absorbers in the vertebral column, and promote flexibility and motion of the spinal column. Cervical discs rule the market in terms of surgery site segmentation due to increasing number of patients suffering with cervical disc herniation on account of degenerative diseases and trauma. Artificial lumbar discs are gaining burgeoning requirement due to rising prevalence of chronic lower back pain and injuries inflicted to the lumbar region due to sports such as gymnastics and weightlifting. Greater prevalence of lower back stiffness and numbness in legs due to lifestyle impact makes lumbar disc replacement viable treatment. The companies that command the orthopedic artificial discs market are Alphatec Spine, Inc., Arthrocare Corporation, AMEDICA Corporation, DePuy Synthes, Inc., Stryker Corporation, Integra LifeSciences Corporation, Medtronic Plc, Biomet, Inc., NuVasive, Inc., Orthofix Holdings, Inc., and Zimmer Holdings, Inc.
The Center for Disease Control and Prevention 2012 survey cites that each year 200,000 U.S. citizens undergo spine surgeries with 54.5% representing artificial discs surgeries. North America spearheads the orthopedic artificial discs market due to greater prevalence of disc degeneration diseases and growing involvement of population in professional sports that contribute to incidence of spinal injuries. European orthopedic artificial discs market is led by increasing pool of geriatric population suffering with cervical and vertebral disc herniation and rising prevalence of hereditary spinal osteoarthritis. Increasing road traffic accidents resulting in greater number of spinal trauma cases, and rising prevalence of chronic lower back pain due to occupational activities in the highly populated developing economies makes Asia Pacific the most attractive investment proposition for orthopedic artificial discs market.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Orthopedic Artificial Discs market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Surgery Site
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Type
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
