Cervical Total Disc Replacement Device Market, By Material (Metal-on-metal and Metal-on-biocompatible), By Design (Constrained, Semi-constrained, and Unconstrained), By End User (Hospitals, Ambulatory Surgical Center and Specialty Clinics, and Clinics), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The cervical spine is composed of seven bones, referred to as cervical vertebrae that are stacked on top of one another to form the neck region. The cushions between the cervical vertebrae are known as cervical discs. Neck can move freely because they work as shock absorbers. Additionally, the cervical spine creates a protected passageway for your spinal cord's upper portion. The spinal nerves that supply movement and sensation to your upper body are located in this region of your spinal cord. A portion of a vertebra or a cervical disc may press on the spinal cord or spinal nerves if the space between the vertebrae becomes too small, resulting in discomfort, numbness, or weakness. Disc surgery may be advised if these symptoms do not improve with nonsurgical treatments. An unhealthy cervical disc is removed during cervical disc replacement surgery, and a synthetic disc is put in its place. The problematic disc was removed before this treatment was available, and the vertebrae above and below were fused to stop mobility. Various diseases affects the cervical disc including Cervical radiculopathy, Cervical degenerative disk disease, Bone spurs in cervical spine (cervical osteophytes), Cervical spondylosis, Cervical spinal fracture, etc.
Market Dynamics
Increasing adoption of organic growth strategies such as facility expansion by the key players is expected to propel the market growth during the forecast period. For instance, in November 2021, McKesson Corporation, a healthcare company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools, announced the opening of pharmaceutical distribution center in Holt, Mich, U.S.., seven miles south of Lansing. The center is 174,000-square-foot facility.
Key features of the study:
This report provides an in-depth analysis of the global cervical total disc replacement devices market, and provide 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 total disc replacement devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Stryker Corporation, Medtronic plc., Zimmer Biomet Holdings, Inc., Globus Medical, Inc., FH Orthopedics, Orthofix Medical Inc., NuVasive Inc., Centinel Spine, Inc., ZimVie, inc., and other prominent players.
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 total disc replacement devices 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 total disc replacement devices market
Detailed Segmentation:
Global Cervical Total Disc Replacement Devices Market, By Material:
Metal-on-metal
Metal-on-biocompatible
Global Cervical Total Disc Replacement Devices Market, By Design:
Constrained
Semi-constrained
Unconstrained
Global Cervical Total Disc Replacement Devices Market, By End User:
Hospitals
Ambulatory Surgical Center and Specialty Clinics
Clinics
Global Cervical Total Disc Replacement Devices Market, By Region:
North America
By Country
U.S.
Canada
Latin America
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Country
GCC
Israel
Rest of Middle East
Africa
By Region/Country
South Africa
Central Africa
North Africa
Company Profiles
Stryker Corporation *
Company Highlights
Products Portfolio
Key Highlights
Financial Performance
Strategies
Medtronic plc.
Zimmer Biomet Holdings, Inc.
Globus Medical, Inc.
FH Orthopedics
Orthofix Medical Inc.
NuVasive Inc.
Centinel Spine, Inc.
Other prominent players.
“*” marked represents similar segmentation in other categories in the respective section.