Disc Prostheses Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Disc Prostheses Market By Type (Lumbar Disc and Cervical Disc), By Application (Metal-on-polymer, Metal-on-metal, and Others), and Geography

 

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Report

Description

Disc Prostheses Market size was valued at USD 398.5 million in 2021 and is expected to reach USD 1,230.1 million by 2028, at a CAGR of 17.5% during the forecast period 2022 to 2028. Owing to increasing advancements in artificial discs boosting the growth of the market. Total disc prostheses were introduced as an alternative to the spinal fusion coupled with number of players or brands have been available in the market with affordable cost. For instance, in 2018, Zimmer Biomet Holdings, Inc. launched its Mobi-C Cervical Disc for cervical total disc replacement in Japan. Developed nations have been highly adopted to the disc prostheses where as in developing nations still they dependent on traditional treatment method. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Disc Prostheses Market

MARKET SUMMARY
-
17.5%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 17.5%
  • Largest Market– Europe
  • Fastest Growing Market– North-America

Disc Prostheses Market

  • The global disc prostheses market report gives comprehensive outlook on disc prostheses across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global disc prostheses market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and region.
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global disc prostheses.
Key Players
  • Spineart
  • Medtronic
  • Centinel Spine
  • FH Orthopedics
  • Orthofix Company
Disc Prostheses Market

DRIVERS AND RESTRAINTS

Increasing demand for non-invasive and minimally invasive procedures coupled with development of new products by the market players such as multi-level artificial disc, and focus on advancements in technologies are anticipated to drive the growth of the market.


North-America Got Significant Share

Disc Prostheses Market

North America contributed highest share of revenue followed by Europe, and Asia Pacific in global market. North America region is anticipated to grow with a significant CAGR over the forecast years owing to high adoption of disc prostheses for spinal fusion and presence of large number of market players in the region coupled with advancements in technology for the development of new implants. Europe market has also registered significant market share in 2019 and is anticipated to grow with significant over the forecast years. However, in developing nations, the traditional treatment method is highly adopted, but in Japan, Australia and New Zealand the advanced treatment method is followed.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global disc prostheses market expanding at significant CAGR over 2022 to 2028 owing to increasing adoption of minimally invasive treatment in developed nations.
  • Based on region, North America accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovations and launch of new products and collaboration strategies to retain market position in global market

Key

Features of the Report

Disc Prostheses Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Company Profile

Key player’s profiles in the global disc prostheses market include

  • Spineart
  • Medtronic
  • Centinel Spine
  • FH Orthopedics
  • Orthofix Company
  • AxioMed
  • Zimmer Biomet
  • Globus Medical
  • Alphatec Spine
  • Simplify Medical
  • NuVasive
  • Aditus Medical
  • Braun
  • Medicrea

Description

Disc Prostheses Market size was valued at USD 398.5 million in 2021 and is expected to reach USD 1,230.1 million by 2028, at a CAGR of 17.5% during the forecast period 2022 to 2028. Owing to increasing advancements in artificial discs boosting the growth of the market. Total disc prostheses were introduced as an alternative to the spinal fusion coupled with number of players or brands have been available in the market with affordable cost. For instance, in 2018, Zimmer Biomet Holdings, Inc. launched its Mobi-C Cervical Disc for cervical total disc replacement in Japan. Developed nations have been highly adopted to the disc prostheses where as in developing nations still they dependent on traditional treatment method. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

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