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Cervical Total Disc Replacement Market Trends

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

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Cervical Total Disc Replacement Market Trends

Growth Drivers

Increasing Prevalence of Degenerative Disc Disease
Rising Geriatric Population Globally

Challenges

High Cost of Cervical total disc replacement

Cervical Total Disc Replacement Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	12.1%
Base Year Market Size (2023)	USD 678.5 million
Forecast Year Market Size (2036)	USD 2.99 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Cervical Total Disc Replacement Market Size & Share, Growth Report 2036

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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