Degenerative Disc Disease Treatment Market report provides key enumeration on the Market status of the Degenerative Disc Disease Treatment manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. The research was conducted using an objective combination of primary and secondary information including inputs from key participants in the Degenerative Disc Disease Treatment industry. It delivers important information to identify and analyse the market need, market Growth and competition.
The global Degenerative Disc Disease Treatment Market analysis further provides pioneering landscape of market along with market augmentation history and key development involved in the industry. The report also features comprehensive research study for high growth potential industries professional survey with market analysis. Degenerative Disc Disease Treatment Market report helps the companies to understand the market trends and future market prospective,opportunities and articulate the critical business strategies.
Degenerative disc diseases are common and severe illnesses, and R&D efforts related to them are extremely expensive. As a result, numerous fund-raising firms and manufacturers are working to raise money for research into the treatment of degenerative disc disorders.
Degenerative disc disease is treated in two ways, based on the intensity of the anguish: non-surgical and spinal fusion. Medication, physical therapy, and chiropractic care are examples of non-surgical therapies. Spinal fusion, on the other hand, is a surgical method for treating degenerative disc degeneration.
During the forecast period, the global degenerative disc disease treatment market is projected to develop significantly. Artificial discs and other technical developments have contributed to this. Zimmer Biomet introduced Mobi-C, a two-level artificial disc for patients who have problems with two successive spinal discs in 2013. In addition, organizations are working on strategy to expand their product portfolios, which is estimated to push the global degenerative disc disease treatment market forward. Centinel Spine signed an asset purchase agreement with DePuy Synthes in October 2017 to acquire the ProDisc Total Disc Replacement portfolio.
The global market for degenerative disc disease treatment had a market valuation of US$ 1,736.4 million in 2019 and is anticipated to grow at a CAGR of 9.0 percent from 2019 to 2027.
The global degenerative disc disease treatment market is projected to expand due to an increase in the rollout of disc replacement surgical equipment. Numerous brands are working on introducing new and technically sophisticated products to meet customer requirements, which is anticipated to accelerate the global degenerative disc disease treatment market growth during the forecast period. Atlas Spine Inc. announced the release of the HiJak AC expandable cervical interbody fusion device in March 2019. The item is an expandable cervical interbody fusion device that is used in spine fusion surgeries. The gadget allows for height and lordosis adjustments, making it simple to correct lordosis and balance sagittal orientation of the spinal column.
Alternative therapies such as physiotherapy and specific exercises are being utilized to treat degenerative disc disease, which is projected to slow the market’s development during the forecast period. Physiotherapy is the most recommended first-line treatment for degenerative disc disease, according to research published in the Toronto Physiotherapy Journal in January 2014.
Due to a rising number of degenerative disc disease therapies, North America maintains a leading position in the global degenerative disc disease treatment market. The CONDUIT Interbody Platform with EIT Cellular Titanium Technology was released by DePuy Synthes, a division of Johnson & Johnson Medical Devices Companies, in September 2019.
Due to increased product launches, Asia Pacific is the fastest expanding region in the global degenerative disc disease treatment market.
Major companies contributing in the global degenerative disc disease treatment market are Zimmer Biomet Holdings, Inc., Johnson & Johnson, Globus Medical Inc., Medtronic Plc., Abbott Laboratories, Fresenius Kabi AG, Ulrich Medical USA, Inc., Cousin Biotech, and RTI Surgical Holdings, Inc..
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