Cervical Total Disc Replacement Market Analysis

  • Report ID: 3357
  • Published Date: Aug 29, 2024
  • Report Format: PDF, PPT

Cervical Total Disc Replacement Market Analysis

The market is segmented by end user into hospitals, ambulatory surgical centers, and clinics, out of which, the hospitals segment is anticipated to hold the largest share in the global cervical total disc replacement market on account of the higher preference of people for minimally invasive surgeries and their lower costs. Additionally, on the basis of design, the metal-on-biocompatible segment is predicted to gather a significant market share over the forecast period owing to the higher shock absorption and enhanced degree of freedom of these types of devices. In addition, metal-on-biocompatible designs are widely used in hospitals worldwide, which is also assessed to boost the growth of the market segment in the future.

Our in-depth analysis of the global market includes the following segments

          By Design

 

  • Metal-On-Metal
  • Metal-On-Biocompatible

          By Material

  • Titanium
  • Cobalt-Chromium
  • Stainless Steel

          By End User

 

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3357
  • Published Date: Aug 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of cervical total disc replacement is estimated at USD 744.18 million.

Cervical Total Disc Replacement Market size was over USD 678.5 million in 2023 and is poised to cross USD 2.99 billion by 2036, growing at more than 12.1% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by increasing prevalence of degenerative disc disease and rising geriatric population globally.

Asia Pacific is likely to dominate majority revenue share by 2036, on the back of large patient pool, increasing usage of sophisticated disc replacement technologies and rising government expenditure for healthcare.

The major players in the market are Stryker Corporation, Medtronic, Plc., Johnson & Johnson Services, Inc., NuVasive, Inc., and others.
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