Artificial Disc Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Artificial Disc Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global artificial disc market is expected to grow at a CAGR of around 10% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

An artificial disc is an arthroplasty device that is implanted into the lumbar or cervical spine to imitate the function of damaged intervertebral discs. It is composed of two endplates that are generally made using medical-grade polyethylene, cobalt-chromium or titanium alloy. It is soft and compressible and helps relieve back pain while retaining movement and flexibility. Nowadays, artificial disc replacement, also known as arthroplasty, is gaining traction over fusion surgical procedures across various regions. Its eligibility is determined by doctors using several tests, such as X-rays, discography, computed tomography (CT) scans and magnetic resonance imaging (MRI).

Artificial Disc Market Trends:
The rising prevalence of degenerative disc disease (DDD), along with the growing geriatric population and increasing adoption of minimally invasive surgery (MIS), represents one of the key factors impelling the global artificial disc market growth. Moreover, rising awareness about the benefits of arthroplasty, along with reimbursements provided by insurance companies, is escalating the demand for artificial discs. Apart from this, governments of several countries are improving healthcare infrastructure and encouraging medical tourism, which represents another growth-inducing factor bolstering the market growth. However, due to the mass spread of the coronavirus disease (COVID-19), governments of numerous countries have imposed lockdowns and are encouraging social distancing measures. As a result, several medical centers have postponed non-essential arthroplasty procedures, which has impacted the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global artificial disc market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, disc type, material type and end user.

Breakup by Disc Type:

Cervical Artificial Disc
Lumbar Artificial Disc

Breakup by Material Type:

Metal on Polymer
Metal on Metal

Breakup by End User:

Hospitals and Clinics
Ambulatory Surgery Centers
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being B. Braun Melsungen Aktiengesellschaft (B. Braun Holding GmbH & Co. KG), Depuy Synthes Inc. (Johnson & Johnson), Globus Medical Inc., Medtronic plc, Nuvasive Inc., Orthofix Medical Inc., Paradigm Spine LLC (RTI Surgical Holdings Inc.), Smith & Nephew Plc, Stryker Corporation and Zimmer Biomet Holdings Inc.

Key Questions Answered in This Report:
How has the global artificial disc market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global artificial disc market?
What are the key regional markets?
What is the breakup of the market based on the disc type?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global artificial disc market and who are the key players?
What is the degree of competition in the industry?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Artificial Disc Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Disc Type
6.1 Cervical Artificial Disc
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Lumbar Artificial Disc
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material Type
7.1 Metal on Polymer
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Metal on Metal
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ambulatory Surgery Centers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 B. Braun Melsungen Aktiengesellschaft (B. Braun Holding GmbH & Co. KG)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Depuy Synthes Inc. (Johnson & Johnson)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Globus Medical Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Medtronic Plc
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Nuvasive Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Orthofix Medical Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Paradigm Spine LLC (RTI Surgical Holdings Inc.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Smith & Nephew plc
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Stryker Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Zimmer Biomet Holdings Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis

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