Artificial Disc Replacement Market [+CAGR of 11.7%] Status and Prospects Report Standard Version 2022-2031
Pune, Maharashtra, India, September 23 2022 (Wiredrelease) Prudour Pvt. Ltd –:Global artificial disc replacement market was valued at USD 471.0 million in 2020. It is expected to grow at a compound anual growth rate (CAGR of 11.7%) between 2021 and 2028. The market is expected to grow due to an increase in sports injuries, traumas, and orthopedic surgeries. According to the NFL Physicians Society (NFL Physicians Society), approximately 1.2 million football-related injury are sustained each year. Due to technological advances and the growing geriatric population, the market is expected to grow. Global market sales and demand were affected by the COVID-19 pandemic. Market growth was negatively affected by the pandemic, which led to a substantial reduction in procedural volume in 2020.
Market drivers try to show that the increasing awareness has also led to the replacement of life-saving devices with the more useful ones. These devices claim that medical procedures have been affected by the rapid growth. Other than that, there has been a decrease in demand for medical devices with minimal capabilities and a slowdown in the market’s overall ADR.
The global artificial disc market has products that can be used in cervical and lumbar replacement. Patients suffering from back pain due to degenerated discs are eligible for artificial disc replacement surgery. These surgeries are not required for bone fusion and take less time to recover than other spinal procedures. This has a positive effect on the market for artificial disc replacement. There has been a notable increase in the number of surgeries over the past few years due to an increase in the incidence of sports injuries and trauma-related injury. This will lead to an increase in global artificial disc replacement markets over the next few years.
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– This study will provide an in-depth analysis of the global “Artificial Disc Replacement” market, current and future trends to help investors understand the potential investment opportunities.
– You will find information on the market’s key drivers, their limitations and potential impacts, as well as the impact of these factors on Artificial Disc Replacement market size.
– Porter’s Five Forces Analysis illustrates the potential of buyers and suppliers in the industry.
– To determine market potential, a quantitative analysis of the market from 2016-2022 is performed.
To improve their market position on the global Artificial Disc Replacement marketplace, key players now focus on product innovations, mergers/acquisitions, recent developments and joint ventures, collaborations, and partnerships. Market players compete based on product quality. This market is dominated by major players who invest in R&D, manufacturing, and infrastructure development. They also look to integrate opportunities across the value chain.
Key Takeaways from the Competitive Landscape Section:
* A comprehensive overview of the profiles of each company of interest
* Participation in revenue share
* Analysis of each key player’s industrial chains
* Business growth strategies mastered by top market players
Key players operating in the global Artificial Disc Replacement market are:
De Puy Spine
Smith & Nephew
Aesculap Implant Systems
Worldwide Artificial Disc Replacement Market Segmentation
Analysis by Product Type
Cervical Discs Replacement
Lumber Disc Replacement
Analysis by Applications Type
Regional Segment Analysis of the Artificial Disc Replacement Market
– North America (U.S., Canada, Mexico)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Rest of APAC)
– South America (Brazil and the Rest of South America)
– The Middle East and Africa (UAE, South Africa, Rest of MEA)
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Research Methodology by Market.us
Five phases will be used to conduct research on the keyword market. These include primary research as well as secondary research. Subject matter expert advice and quality control are also included. After gaining a better understanding of the requirements, secondary research was conducted to identify segment specifications, qualitative and quantitative data as well the factors driving the market growth. Secondary sources used in the study are press releases, annual reports from companies and research papers that relate to the industry.
For precise information on market expansion opportunities, data was also gathered from various sources, including trade journals, industry magazines, government websites and associations. Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Faction, Bloomberg, One Source and Hoovers, which proved to be useful for in-depth technical study of the market.
This report answers the following 12 key questions
1. Is Artificial Disc Replacement a booming industry?
2. How big is the Artificial Disc Replacement market?
3. How fast is the Artificial Disc Replacement industry growing?
4. Who are the key players in Artificial Disc Replacement?
5. Which industry uses Artificial Disc Replacement the most?
6. What is the Artificial Disc Replacement market growth?
7. Which region held the largest arArtificial Disc Replacement market share?
8. What factors drive the Artificial Disc Replacement market?
9. What are the business risks and threats to the market?
10. What are the emerging trends in this market and the reasons behind them?
11. What are some changing demands of customers in the market?
12. What are the new developments in the market? Which companies are leading these developments?
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Chapter 1 Preface
This segment provides opinions of key participants, an audit of Artificial Disc Replacement industry, market outlook across key regions, financial services, and various challenges faced by Artificial Disc Replacement market. It briefly introduces the global Artificial Disc Replacement market. This section depends on the Scope of the Study and Report Guidance.
Chapter 2 Executive Summary
It elaborated market outlook by segmentation in Artificial Disc Replacement market. In addition, it also represents the market snapshot covered in the report.
Chapter 3 Market Dynamics
This section comprises current market dynamics in the Artificial Disc Replacement market. Such as key driving factors, major opportunities areas, restraining factors, & recent trends in Artificial Disc Replacement market. It also includes SWOT analysis and Porter’s five force analysis. This help to identify the key growth factors and challenges in the Artificial Disc Replacement market.
Chapter 4 Global Artificial Disc Replacement market Analysis, Opportunity, and Forecast, 2016-2032
This chapter comprises the current scenario of the Global Artificial Disc Replacement market in 2021, including forecast estimation for 2023-2032.
Chapter 5 Geographic Analysis
This section has covered in-depth regional market share analysis and carefully scrutinized it to understand its current and future growth, development, and demand scenarios for this market.
Chapter 6 Covid-19 Impact
This section briefly describes the positive and negative impact of the COVID-19 Pandemic on the Global Artificial Disc Replacement Market.
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Chapter 7 Pricing Analysis
This chapter provides price point analysis by region and other forecasts.
Chapter 8 Competitive Landscape
It includes major players in the Artificial Disc Replacement market. Moreover, it also covers the detailed company shares analysis in the report based on their product’s demand, and market served, the number of products, applications, regional growth, and other factors.
Chapter 9 Research Methodology
The research methodology chapter includes the following main facts,
9.2 Secondary Research
9.3 Primary Research
Chapter 10 Conclusion
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