Cervical Spondylosis Treatment Market

Cervical Spondylosis Treatment Market, By Type of Treatment (Medication, Physical Therapy, Surgery), By End User (Hospitals, Ambulatory Surgical Centers, Homecare Settings), And By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Cervical spondylosis is a type of degenerative disease that affects the neck. It is a general term for age-related wear and tear in the cervical spine (neck) that can lead to neck pain, neck stiffness, and other symptoms. Sometimes this condition is called arthritis or osteoarthritis of the neck. It is the natural wearing down of cartilage, disks, ligaments, and bones in the neck. It is very common and worsens with age. In many cases, no specific treatment is required. If symptoms occur, treatments include medication, corticosteroid injections, physiotherapy, and sometimes surgery.

Market Dynamics:

Rise in burden of cervical spondylosis, rising prevalence of neck and back pain, growing geriatric population, and increase in demand for safe & effective cervical spondylosis treatment around the globe is expected to propel the growth of the global cervical spondylosis treatment market.

For instance, cervical spondylosis is a very common cause of myelopathy in the elderly. It is the most common spine dysfunction in elderly people. It is very common and worsens with age. More than 85% of people older than age 60 are affected by cervical spondylosis. Thus, with the growing geriatric population and rise in burden of cervical spondylosis, the demand for safe and effective cervical spondylosis treatment is also increasing. As per the World Health Organization (WHO), by 2030, 1 in 6 people in the world will be aged 60 years or over, and the world’s population of people aged 60 years and older will double (2.1 billion) by 2050.

Key features of the study:

• This report provides in-depth analysis of the global cervical spondylosis treatment market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global cervical spondylosis treatment market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Medtronic plc, Zimmer Biomet Holdings, Inc., Stryker Corporation, Sanofi S.A., Johnson & Johnson Services, Inc., GlaxoSmithKline plc, Eli Lilly and Company, Amgen Inc., Merck & Co. Inc., Novartis AG, AstraZeneca Plc., Abbott Laboratories, Pfizer Inc., Bristol-Myers Squibb Company, and Teva Pharmaceutical Industries Ltd., among others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global cervical spondylosis treatment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cervical spondylosis treatment market.

Detailed Segmentation:

• Global Cervical Spondylosis Treatment Market, By Type of Treatment:

Medication

Physical Therapy

Surgery

• Global Cervical Spondylosis Treatment Market, By End User:

Hospitals

Ambulatory Surgical Centers

Homecare Settings

• Global Cervical Spondylosis Treatment Market, By Region:

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

• Company Profiles:

Medtronic plc

Zimmer Biomet Holdings, Inc.

Stryker Corporation

Sanofi S.A.

Johnson & Johnson Services, Inc.

GlaxoSmithKline plc

Eli Lilly and Company

Amgen Inc.

Merck & Co. Inc.

Novartis AG

AstraZeneca Plc.

Abbott Laboratories

Pfizer Inc.

Bristol-Myers Squibb Company

Teva Pharmaceutical Industries Ltd.