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Global Artificial Disc Market 2019 - Industry Analysis, Size, Share, Growth, Trends and Forecast 2025

Global Artificial disc market
Global artificial disc market was valued around USD 1.7 billion in 2019 and is anticipated to grow at a significant growth rate from 2020 to 2025. Demand of artificial disc replacement is attributed to the factors such as increasing incidences of degenerative disc diseases. Furthermore, product and technological innovation such as multi-level disc replacement are also adding to the growth of disc replacement market. Rise in the disposable income backed by increase in the per capita healthcare expenditures have an overall positive impact on the market growth.

The cost of total disc replacement procedures is high and, therefore, unreasonable in developing economies. In addition, the remuneration plan for artificial discs varies geographically. The high personal expenses required for artificial disc replacement procedures could restrict the growth of the market during the analysis period.
Key Market Trends

Increasing incidences of degenerative disc diseases
Adoption of an inactive and deskbound lifestyle have resulted into increase in the muscular and joints pain which has increased the occurrences of orthopedic diseases worldwide. These factors are playing a key role in the prevalence of Degenerative disc diseases (DDD) which occur in the vertebral column of a human body, thereby contributing to the growth of the market.

Product and technological innovation such as multi-level disc replacement
Increasing consciousness among people concerning technologically advanced spinal discs combined with high demand for minimally intrusive surgeries will aid to be another key driver that will propel the artificial disc market growth. Invention of advanced products such as Mobi-C multi-level artificial disc will increase its implementation in patients having issues at two successive spinal disc.

Rising occurrences of sports and trauma related injuries
Growing importance and awareness of sports among children and adults has also given rise to the injuries related to back and muscles. These injuries depending upon its severity needs to be operated. Sportsperson usually complain about their backaches which are often treated by disc replacement, thus rising occurrences of sports trauma related injuries paves the way for growth in artificial disc market.

Growing acceptance of cervical artificial discs in DDD surgeries will boost the market growth
Cervical artificial disc segment holds a major market share in the artificial disc market and is projected to show a similar trend over the analysis period due to its benefits over more conventional surgery in terms of as it preserves motion at the affected level which may help in protecting against accelerated degeneration of the discs above and below the disc replacement. Rising occurrences of degenerative disc deformities and growing demand for non-intrusive procedures are the key driving factors in the cervical artificial discsegment growth.

The metal on biopolymer holds largest market share due to its biocompatibility feature
The metal on biopolymer artificial disc segment is expected to dominate the artificial disc market from 2020 to 2025 due to biocompatibility feature and increasing acceptance and interest among pharma and medical professionals. Moreover, the metal on metal artificial disc segment is likely to expand at a high growth due to low cost during the analysis period.

Competitive Landscape
Major players in the market include K2M, AxioMed, B. Braun Melsungen, Paradigm Spine, DePuy Synthes, Simplify Medical, Globus Medical, Medtronic, NuVasive, Stryker and Orthofix International. These key industry players adopt various inorganic and organic growth strategies to survive as well as grow in the market.

Artificial disc market witnessed following industrial developments in the past years:
• In September 2016, Globus Medical Inc. acquired international operations and distribution channels of Alphatec Holdings, a leading medical device company. The acquisition aimed at expanding the geographical foothold and customer base of the company.

• In November 2018, Stryker Corporation acquired K2M Group Holdings, Inc., a leading company producing complex spine and minimally invasive solutions. The acquisition will help the company to expand geographically and provide its customer with innovative solutions.

Questions addressed in the report
• What are the new trending products & technologies that the artificial disc manufacturing companies are exploring?
• Which are the key players in the market and how intense is the competition?
• What are the upcoming growth trends that the artificial disc manufacturers are focusing on in the future?
• What are the high growth opportunities in the artificial disc market, for each segment?
• What are the key growth strategies adopted by major market players in the artificial disc market?

TABLE OF CONTENTS

Introduction
Objectives of the Study
Market Definition
Artificial Disc market Covered
Years Considered for the Study
Currency
Stakeholders

Research Methodology
Research Data
Primary Data
Key Data From Primary Sources
Key Industry Insights
Secondary Data
Key Data From Secondary Sources
Assumptions for the Study

Executive Summary

Market Overview
Introduction
Market Dynamics
Drivers
Challenges

Artificial Disc Market, By Type
Introduction
Cervical artificial disc
Lumbar artificial disc

Artificial Disc Market, By Material
Introduction
Metal-on-metal
Metal-on-biopolymer

Artificial Disc Market, By Country
U.S.A
Canada
Mexico
Brazil
U.K.
Germany
Spain
Italy
France
China
India
Australia
South Korea
South Africa
GCC Countries

Competitive Landscape
Market Overview
Competitive Situation and Trends
Product Launches and Approvals
Agreements, Partnerships, and Collaborations
Agreements, Partnerships, and Collaborations, 2018–2019
Mergers and Acquisitions
Expansions

Company Profiles
AxioMed LLC
B. Braun Melsungen AG
DePuy Synthes Inc. (Johnson & Johnson)
Globus Medical Inc.
Medtronic PLC
NuVasive Inc.
Orthofix International NV
Paradigm Spine LLC
Simplify Medical Inc.
Spineart SA
Stryker Corp.
Synergy Disc Replacement Inc.
Zimmer Biomet

LIST OF TABLES
Table 1 Artificial Disc Market Size, By Type, 2018–2025 (USD Billion)
Table 2 Cervical: Artificial Disc Market Size, By Region, 2018–2025 (USD Million)
Table 3 Lumbar: Artificial Disc Market Size, By Region, 2018–2025 (USD Million)
Table 4 Artificial Disc Market Size, By Material, 2016–2025 (USD Billion)
Table 5 Metal-on-metal: Artificial Disc Market Size, By Region, 2018–2025 (USD Million)
Table 6 Metal-on-Biopolymer: Artificial Disc Market Size, By Region, 2018–2025 (USD Million)
Table 7 Artificial Disc Market Size, By Region, 2018–2025 (USD Billion)
Table 8 Artificial Disc Market Size, the US, 2018–2025 (USD Million)
Table 9 Artificial Disc Market Size, Canada, 2018–2025 (USD Million)
Table 10 Artificial Disc Market Size, Mexico, 2018–2025 (USD Million)
Table 11Artificial Disc Market Size, Brazil, 2018–2025 (USD Million)
Table 12 Artificial Disc Market Size, UK, 2018–2025 (USD Million)
Table 13 Artificial Disc Market Size, Spain, 2018–2025 (USD Million)
Table 14Artificial Disc Market Size, Italy, 2018–2025 (USD Million)
Table 15 Artificial Disc Market Size, France, 2018–2025 (USD Million)
Table 16 Artificial Disc Market Size, China, 2018–2025 (USD Million)
Table 17 Artificial Disc Market Size, Australia, 2018–2025 (USD Million)
Table 18 Artificial Disc Market Size, India, 2018–2025 (USD Million)
Table 19 Artificial Disc Market Size, South Korea, 2018–2025 (USD Million)
Table 20 Artificial Disc Market Size, South Africa, 2018–2025 (USD Million)
Table 21 Artificial Disc Market Size, GCC Countries 2018–2025 (USD Million)


LIST OF FIGURES
Figure 1 Artificial Disc Market Segmentation
Figure 2 Artificial Disc Market: Regional Scope
Figure 3 Artificial Disc Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Artificial Disc Market Share, By Type, 2019 vs. 2025
Figure 9 Artificial Disc Market Size, By Material, 2019 vs. 2025 (USD Billion)
Figure 10 Artificial Disc Market Size, By Type, 2019 vs. 2025 (USD Billion)

AxioMed LLC
B. Braun Melsungen AG
DePuy Synthes Inc. (Johnson & Johnson)
Globus Medical Inc.
Medtronic PLC
NuVasive Inc.
Orthofix International NV
Paradigm Spine LLC
Simplify Medical Inc.
Spineart SA
Stryker Corp.
Synergy Disc Replacement Inc.
Zimmer Biomet
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