Artificial Disc Market: 3 major trends expanding the industry outlook through 2026

The artificial disc market is projected to observe noteworthy gains on account of rising prevalence of degenerative disc disease cases across both developing and developed economies.

The artificial disc market is projected to observe noteworthy gains on account of rising prevalence of degenerative disc disease cases across both developing and developed economies. According to the Global Spine Journal, almost 265 million people around the world suffer from degenerative spine disease and low back pain each year.

These diseases usually need cervical disc replacement for treatment. It is proven to be effective for one-level or two continuous levels of cervical degenerative disc disorder with symptomatic myelopathy or radiculopathy. Rising availability of two-level artificial disc that can offer better efficiency than two-level fusion procedures could massively benefit the artificial disc market by 2026.

Increasing presence of geriatric population that is prone to multiple musculoskeletal diseases such as osteoarthritis could drive business outlook over the predicted timeframe. Additionally, rapid technological advancement in the field of medical science to promote minimally invasive treatments might propel the demand for artificial discs in the subsequent years.

Several companies and institutions are heavily investing in new developmental projects to introduce novel products. Citing an instance, in 2020, Centinel Spine® revealed the first implantation of its recently developed angled endplates in the United States for the prodisc® L Lumbar Total Disc Replacement Solution. These endplates broaden the options for surgeons that conduct treatment for varied lumbar pathology and anatomy.

Mentioned below are some of the ongoing trends strengthening the adoption of artificial disc:

Rising popularity of metal-on-biopolymer discs -

Metal-on-biopolymer discs offer an easy insertion process, a high degree of rotation, and flexible spine movement. These discs enable both independent and coupled motions that are identical to natural cervical spine motion. This makes it more biocompatible. Earlier in 2019, the metal-on-biopolymer discs segment had controlled significant revenue share and is predicted to register a CAGR of 18.5% by the end of 2026.

To access sample pages of this report titled, Artificial Disc Market Size By Type (Cervical Artificial Disc, Lumbar Artificial Disc), By Material (Metal-on-metal, Metal-on-biopolymer), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents, please click on the link below:

https://www.gminsights.com/request-sample/detail/1183

Promising opportunities across APAC -

Rising number of patients going through musculoskeletal diseases could boost the demand for artificial discs across Asia Pacific. Estimates suggest that the regional market could record a compound annual growth rate of 20% over the forecast timeframe.

Growing presence of elderly population that suffer from severe diseases caused due to various anatomical and functional changes might enhance the industry landscape for local players. Besides, constant advancements in healthcare infrastructure could bring out new opportunities for artificial disc treatment providers in the region.

Adoption of lucrative business models -

Companies operating in the artificial disc market like Medtronic, Simplify Medical, Zimmer Biomet, Globus Medical, AxioMed, Synergy Disc Replacement, Stryker, B. Braun Melsungen, NuVasive, Orthofix International, and DePuy Synthes are implementing numerous organic as well as inorganic growth strategies like product innovations and commercialization, acquisitions, collaborations, and business expansion to enhance their global market share.

Taking December 2020 for instance, Simplify Medical Inc., a prominent developer of the artificial cervical spinal disc, shed light on the first surgery that involved Simplify® Cervical Artificial Disc that received approval for 1-level use from the FDA.

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