Artificial Disc Replacement Market Overview

Artificial disc replacement is the method used to treat back pain. It is also known as total disc replacement in which there is a replacement of degenerated intervertebral disc in spine column. This treatment is used to treat chronic and severe back pain and cervical pain. The major driving factors for global Artificial Disc Replacement Market Size are growing prevalence of degenerative spine condition because of increasing aging population across the globe, preference for minimal surgical procedure and many advantages over traditional spine fusion procedure. High cost of devices and lack of uniform reimbursement are major restraining factors for the market growth. The improved quality of life that the use of artificial discs offers driven immense demand for the prosthetics. Favorable reimbursements increased spending on healthcare globally, and the high success rates that the procedure projects are some important factors influencing the rapid growth of the market. There is a rising incidence of degenerative diseases and an increasing preference for minimal or non-invasive surgery which is expected to drive robust growth for the market in the coming years.

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The amplified detection of back pain has been identified as misalignment of the spinal discs; this has prompted the further growth of the market. Reduced recovery time following artificial disc replacement surgeries as compared to other treatment methods is projected to act as a significant driver promoting the growth of the market over the forecast period. Increased incidence of sports injury will also modify the markets growth pace over the forecast period. Accordingly, this treatment is necessary to treat back pain through a medical procedure. Therefore, the degeneration of the intervertebral discs has been replaced by artificial discs for relieving the pain. Apart from that, artificial disc replacement helps in reducing back pain as well as the maintenance of spinal mobility is practiced. Thus, these factors attempt to propel the market growth and have been considered as the basic medical procedure for the treatment of back pain.

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Segmental Analysis 

• The global artificial disk replacement market is segmented based on type, material, and region. By type, the market has been segmented into cervical discs replacement, lumbar disc replacement, and others.

• By material, the market has been segmented into metal and biopolymer with the biopolymer segment accounting for the most significant share of over 80% of the total market.

• By region, the market has been segmented into North America, Europe, the Asia Pacific and the Middle East and Africa.

• Players

  • Aesculap Implant Systems,
  • LLC, NuVasive, Inc.,
  • AxioMed LLC,
  • Joimax GmbH,
  • Globus Medical Inc.
  • Orthofix Inc.,
  • K2M Inc.

Regional Analysis

North America, closely followed by Europe, is the leading market regarding market size. These regions have well-developed healthcare sectors which have a high adoption of advanced and current medical technologies. Moreover, research and development are driven in this region thus affecting these regional markets positively. These regions, particularly Europe, have large geriatric populations who are increasingly being afflicted with degenerative disc diseases which drive market growth further.

Meanwhile, the Asia-Pacific is expected to be the fastest growing regional market segment over the assessment period due to the existence of a massive patient population. Moreover, the emerging economies in the region such as India and China are playing key developmental roles for the region which have encouraged higher healthcare spending and demand for technologies available to developed nations.

On the other hand, the Middle East and Africa is expected to show the least growth and has the smallest market share due to the presence of many impoverished nations of Africa where there is a stronger demand for basic healthcare. However, rapidly emerging countries of the Middle East are likely to witness some growth due to the rapid urbanization and a demand for better healthcare in the region.

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