Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Cervical Total Disc Replacement Market size was over USD 760.6 million in 2024 and is anticipated to cross USD 3.35 billion by 2037, witnessing more than 12.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cervical total disc replacement is estimated at USD 838.83 million.
The growth of the market can be attributed to the growing number of incidences of degenerative disc disease and increasing geriatric population around the world. Along with these, as the number of road accidents globally have witnessed a major hike, the prevalence of spinal injuries is also rising, which is another factor expected to drive market growth in the upcoming years. According to the World Health Organization (WHO), 1.3 million people die every year as a result of road accidents. Most of the countries spend 3 percent of their GDP on these crashes. Furthermore, increase in entry of new market players and surge in number of suppliers who are extensively investing in the development of advanced cervical total disc replacement are projected to offer lucrative opportunities for the growth of the market in the near future.
