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Upcoming Allied Market Research
2021
Cervical Total Disc Replacement Device Market

Cervical Total Disc Replacement Device Market by Disc Type (Metal on a Biocompatible Material and Metal on Metal), Indication (Myelopathy, Radiculopathy, Severe Neck Pain, and Others), Material (Polymeric, Metallic, and Biocompatible), Design (Constrained, Semi-constrained, and Unconstrained), and End User (Hospitals, Ambulatory Surgical Centers, Orthopedic, and Trauma Centers): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Dec 2021 | 49 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Degenerative disc disorders (DDDs) lessen the moving capability of the human body and get worse with growing age. Cervical artificial discs are used to treat this disorder. After the removal of a degenerated intervertebral disc, cervical artificial discs are instilled within two cervical discs. To maintain movement in the disc space is the primary function of this device. The spinal fusion procedure for the treatment of DDD has an alternative of a cervical disc replacement method. Rising cases of chronic diseases and increasing geriatric population are the factors anticipated to positively affect the extension of the cervical total disc replacement (CTDR) device market in the coming years.

Market Scope and Structure Analysis

Report Metric

Details

  Market Size Available for Years

   2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Segments Covered

  Disc Type, Indication, Material, Design, End User, and Region

  Regions Covered

  North America, Europe, Asia-Pacific, LAMEA

  Companies Covered

Medtronic, Plc. , Depuy Synthes (Johnson & Johnson Inc.), Stryker Corporation, Zimmer Biomet Holdings, Inc., Globus Medical, Inc., NuVasive, Inc., Orthofix Medical Inc., LDR Holding Corporation, Centinel Spine, Inc., FH Orthopaedics S. A. S.

 

COVID-19 Impact analysis

  • Increase has been witnessed in the demand for medical supplies to take care of infected population. Respiratory support devices such as atomizers, life support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. The need for medical supplies has increased significantly among both from healthcare professionals and civil population for precautionary measures, owing to rise in number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the global  cervical total disc replacement device market.

Top Impacting Factors
Increase in cases of cervical degenerative disc diseases, low revision surgery rate of cervical disc replacement surgery, surge in geriatric population, increasing approval by FDA for cervical total disc replacement devices, growing need for superior innovative CTDR devices are factors that drive the growth of the cervical total disc replacement devices market. 
In addition, increase in healthcare expenditure, rise in R&D activities to enhance the quality of device, technological advancements about these devices, availability of skilled professionals, partnerships and collaborations between key players foster the market growth. 
Key players in the cervical total disc replacement device market are concentrating on extending their presence through strategic acquisitions and mergers, which boost the market growth for cervical total disc replacement devices.
However, alternative treatments such as special exercises and physiotherapy for the treatment of cervical disc degenerative disease, lack of knowledge for accurate handling of the device, complications associated with this method, and high cost associated with cervical total disc replacement hinder the market growth.
Market Trends
New product launches to flourish the market

  • In July 2019, the U.S. FDA investigational device approval was received by Centinel Spine LLC to begin a Prodisc C anterior cervical total disc device two-level clinical trial.
  • In October 2018, the latest Mobi-C Cervical Disc was launched by Zimmer Biomet Holdings, Inc. in Japan for cervical total disc replacement. 
  • In September 2019, for the degenerated intervertebral disc a method for controlled epigallocatechin 3-gallate delivery was reported by the Institute for Biomechanics, Switzerland, 
  • In July 2017, Medtronic received the U.S. Food and Drug Administration (FDA) approval for Prestige LP cervical disc to treat cervical disc degeneration. 
  • In March 2019, The product launch of the HiJak AC expandable cervical interbody fusion device declared by Atlas Spine Inc.

Key Segments Covered

Segment

Subsegment

  Disc Type

  • Metal on a Biocompatible Material (M-o-B)
  • Metal on Metal (M-o-M)

  Indication

  • Myelopathy
  • Radiculopathy
  • Severe Neck Pain
  • Others

  Material

  • Polymeric
  • Metallic
  • Biocompatible

  Design

  • Constrained
  • Semi-constrained
  • Unconstrained

   End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Orthopedic and Trauma Centers

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

 

Key Benefits of the Report

  • This study presents the analytical depiction of the cervical total disc replacement device industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the cervical total disc replacement device market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed cervical total disc replacement device cervical total disc replacement device market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the cervical total disc replacement device market Report

  • Who are the leading market players active in the cervical total disc replacement device market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is " cervical total disc replacement device "?
  • What is " cervical total disc replacement device " market prediction in the future?
  • Who are the leading global players in the " cervical total disc replacement device " market?
  • What are the current trends and predicted trends?
  • What are the key benefits of the "cervical total disc replacement device  " market report?
 
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