Transparency Market Research presents this most up-to-date research on “Cervical Total Disc Replacement Devices Market – Global Industry Analysis, Size, Growth, Trends, and Forecast 2015 – 2023“
Cervical total disc replacementdevices are meant to restore motion to the spine by replacing the worn, degenerated disc.Degenerative disc disorders (DDD), a clinical condition where in spinal disc is affected use the cervical total disc replacement devices during the cervical total disc replacement surgeries; it shrinks from its normal height causing a pressure on the nerves and pain in the cervical region and arms. This condition could be an outcome of predisposition for spinal diseases due to genetic disorders, accidental injuries, obesity, age, and other occupational risk factors etc. The cervical disc replacement device typically constitutes a ridged outer body, which is constructed with a soft inner corer for treating.
Firstly, entry of new players in the market such as LDR Holding Corporation, which has emerged as a major player in the market after receiving its first FDA clearance in 2013 for Mobi-C Cervical Disc for both one- and two-level cervical disc replacement. Secondly, increasing global awareness of cervical total disc replacement procedure successes are the two key opportunities for growth in the cervical total disc replacement devices market. However, some of the restraints in this foresighted growth could be exclusion criteria’s of private health insurance companies and difficulty in reimbursement from private payers globally. The high costs of the cervical disc replacement surgery could challenge growth in under developed and developing countries where there is lack of social health insurance and withinability of the patientsto afford the surgery.
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