What Is The Current and Historic Market Size Analysis Of The Artificial Disc Market?
The artificial disc market has seen considerable growth due to a variety of factors.
• The scale of the artificial disc market has witnessed a swift expansion in the last few years. The market is projected to rise from $2.73 billion in 2024 to reach a valuation of $3.22 billion in 2025, registering a compound annual growth rate (CAGR) of 17.9%.
The growth experienced in the historic period can be credited to the cost-efficiency and improved access to healthcare, preference of patients for motion preservation, regulatory approvals and standardizations, clinical effectiveness and sustained outcomes, along with advances in materials science.
What Are The Predictions for The Artificial Disc Market in the Coming Years?
The artificial disc market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for artificial discs is predicted to experience significant expansion in the coming years, with projections placing its value at $5.83 billion in 2029, growing at a compound annual growth rate (CAGR) of 16.0%.
This potential growth during the forecast period could be due to various factors such as a competitive market landscape, the cost-effectiveness of healthcare, positive clinical results, a preference for motion preservation techniques, and an increase in minimally invasive procedures. Expectations for the forecast period also highlight trends such as a focus on patient-centered care and shared decision-making, advancements in surgical techniques, approaches to regenerative medicine, expanded indications for use, and the incorporation of cutting-edge imaging techniques.
Which Drivers Are Accelerating Growth In The Artificial Disc Market?
The artificial disc market is expected to expand due to the increasing prevalence of spinal cord injuries. These injuries, which can involve damage to various spinal structures like bones, discs, ligaments, muscles, and nerves, can benefit from the use of artificial discs. These discs provide an effective alternative to spinal fusion surgery as they restore normal motion, reduce discogenic back pain and offer flexibility. Moreover, they also mitigate potential side effects associated with fusion surgery. A 2024 study published in the Journal of Global Health revealed scoliosis in 1.20% of 2.22 million youths studied, being more common in girls. Evidently, the increase in spinal cord injuries is contributing to the growth of the artificial disc market. The second driver for the artificial disc market is the increasing preference for minimal surgical procedures. Such procedures, which involve minimal disruption to the body's tissues, often utilise artificial discs in spinal surgeries. They are favoured due to less pain, quicker recovery, fewer complications, better patient outcomes and cost savings. According to the American Academy of Facial Plastic and Reconstructive Surgery, approximately 83% of medical procedures carried out in 2023 were minimally invasive, contributing to only 17% of standard procedures. Additionally, the American Society of Plastic Surgeons reported that the total number of cosmetic minimally invasive procedures had an upward trend from 23.7 million in 2022 to 25.4 million in 2023. Thus, the growing popularity of minimal surgical procedures leads to the growth of the artificial disc market.
What Are The Core Segments Of The Global Artificial Disc Market?
The artificial disc market covered in this report is segmented –
1) By Type: Cervical Disc, Artificial Disc, Lumbar
2) By Material: Metal And Plastic, Metal
3) By Indication: Spinal Trauma, Degenerative Spine Disease
4) By End User: Hospitals, Specialty Clinics
Subsegments:
1) By Cervical Disc: Single-Level Cervical Discs, Multi-Level Cervical Discs
2) By Lumbar Disc: Single-Level Lumbar Discs, Multi-Level Lumbar Discs
3) By Artificial Disc: Total Disc Replacement, Semi-Constrained Disc Implants, Motion-Preserving Disc Implants
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What Trends Are Reshaping The Future Of The Artificial Disc Market?
Primary entities in the artificial disc market, such as major corporations, are directed towards technological progress like creating unique artificial discs including the cervical total disc replacement system. These advancements are meant to better patient results, improve mobility, lessen pain, and serve the increasing need for less invasive surgical alternatives that upkeep the spine's natural movement while effectively managing degenerative disc diseases. A cervical total disc replacement system replaces the impaired or degenerated intervertebral disc in the cervical region (neck) during spinal surgeries. For instance, in December 2022, a medical device establishment based in the US, Centinel Spine, LLC, introduced its FDA-permitted cervical total disc replacement system, inclusive of the Prodisc C Vivo and Prodisc C SK devices. This system forms a part of Centinel Spine's larger Match-the-Disc platform, helping surgeons choose the most suitable implant depending on each patient's specific anatomy. The system provides different implant alternatives that cater to varying anatomical needs, thus enhancing a surgeon's capacity to match the disc to every patient's unique requirements.
Who Are the Key Players In The Artificial Disc Market?
Major companies operating in the artificial disc market report are:
• Johnson & Johnson
• Medtronic PLC
• Stryker Corporation
• Zimmer Biomet Holding Inc.
• SIGNUS Medizintechnik GmbH
• B. Braun SE
• Globus Medical Inc.
• Medacta International SA
• Aesculap Inc.
• NuVasive Inc.
• RTI Surgical
• Exactech Inc.
• Orthofix Medical Inc.
• Spineart
• VTI - Vertebral Technologies Inc.
• Life Spine Inc.
• Spinal Elements
• DePuy Synthes
• Neuro France Implants
• Paradigm Spine LLC
• Xenco Medical
• Osimplant
• Synergy Spine Solutions Inc.
• Ranier Technology Limited
• FH Orthopedics S.A.S
• X-spine Systems Inc.
• Aditus Medical GmbH
• AxioMed LLC
What Are The Regional Insights Into The Artificial Disc Market?
North America was the largest region in the artificial disc market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial disc market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
