Overview:
Total disc replacement involves replacement of degenerated or damaged disc with the use of an artificial replacement device in the lumbar or cervical region. It is a type of back or spinal surgery involving implantation of artificial disc into the spine for performing same functions as normal disc in the human body. Prostheses can be used to maintain and support spinal curvature, to improve flexibility, and to reduce pain. Increasing cases of spinal disorders and growing awareness about disc replacement is expected to boost growth of the total disc replacement market.
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Drivers:
Rising cases of rheumatoid and osteoarthritis, and increasing geriatric population all over the world are expected to boost growth of the global total disc replacement market.
Moreover, growing awareness regarding total disc replacement processes, arrival of sophisticated diagnostic techniques and tools, and increasing number of patients, as well as increasing spine care surgery centers, are expected to propel growth of the global total disc replacement market.
Restraints:
Factors such as high cost of implants, reimbursement issues, are expected to hinder growth of the global disc replacement market.
Moreover, rising spontaneous implant fusion, shortage of trained healthcare workers, growing popularity of intraoperative technology, and restrictions to restore disturbed curvatures, are also the factors limiting the growth of the global total disc replacement market.
Market Taxonomy:
The global total disc replacement market is divided by material, product type, end user and region.
By Material:
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Metal on Metal Discs
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Metal on Biopolymer Discs
By Product Type:
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Lumbar Discs Implant
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Cervical Discs Implant
By End User:
-
Hospitals
-
Orthopedic Clinics
By Region
-
North America
-
Latin America
-
Middle East
-
Europe
-
Africa
-
Asia Pacific
Regional analysis:
North America is expected to witness strong growth in the total disc replacement market due to higher number cases of bone-related disorders, good economic conditions, advanced technology, strong healthcare infrastructure, and favourable reimbursement policies, as well as increased awareness in people.
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Moreover, Asia Pacific is also expected to witness robust growth in the total disc replacement market due to rising expenditure on healthcare, developing medical infrastructure, increasing medical tourism, and medical literacy in middle-income countries such as India and China.
Key players:
Major players active in the global total disc replacement market are De Puy Spine, Inc., Medtronic, Zimmer Biomet, Alphatec Spine, Inc., Aesculap Implant Systems, Stryker Corporation, Smith & Nephew Plc., Globus Medical, NuVasive, Inc., and Stryker Corporation.
Key Development:
In October 2019, Xtant Medical Holdings, Inc. announced the launch of one plasm coated PEEK implant, two cervical interbody spacers, and, three new spinal implants.
In September 2019, DePuy Synthes, a subsidiary of Johnson & Johnson Medical Devices announced the launch of CONDUIT Interbody platform with EIT cellular titanium technology, 3D printed implant product for spine injury.
In September 2019, Zimmer Biomet Holdings, Inc. introduced Mobi-C Cervical Disc for cervical total disc replacement (cTDR) in Japan.
In 2018, Orthofix International N.V. acquired Spinal Kinetics Inc. that develops and manufactures lumbar and artificial disc.
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Frequently Asked Questions:
- What will be the market size and the growth rate by the end of the forecast period?
- What are the key Total Disc Replacement Market trends impacting the growth of the market?
- What are the potential growth opportunities and threats faced by the leading competitors in the market?
- What are the key outcomes of Porterโs five forces analysis and the SWOT analysis of the key players functioning in the global Total Disc Replacement Market?
- What are the market opportunities and threats faced by the vendors in the Total Disc Replacement Market?
Table Of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Total Disc Replacement Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Total Disc Replacement Industry Impact
Chapter 2 Global Total Disc Replacement Competition by Types, Applications, and Top Regions and Countries
2.1 Global Total Disc Replacement (Volume and Value) by Type
2.3 Global Total Disc Replacement (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Total Disc Replacement Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Total Disc Replacement Market Analysis
Chapter 6 East Asia Total Disc Replacement Market Analysis
Chapter 7 Europe Total Disc Replacement Market Analysis
Chapter 8 South Asia Total Disc Replacement Market Analysis
Chapter 9 Southeast Asia Total Disc Replacement Market Analysis
Chapter 10 Middle East Total Disc Replacement Market Analysis
Chapter 11 Africa Total Disc Replacement Market Analysis
Chapter 12 Oceania Total Disc Replacement Market Analysis
Chapter 13 South America Total Disc Replacement Market Analysis
Chapter 14 Company Profiles and Key Figures in Total Disc Replacement Business
Chapter 15 Global Total Disc Replacement Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
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