Global Cervical Artificial Discs Market 2016-2020

Market outlook of the global cervical artificial discs market

Technavio’s market research analyst predicts the global cervical artificial discs market to grow rapidly at a CAGR of more than 22% during the forecast period. The patients’ growing preference for minimally invasive surgeries over open surgeries is expected to result in the augmented demand for technologically advanced cervical implants.  

The rise in prevalence of cervical herniated disc disease among the geriatric population is the key driver for the growth of this market. Cervical disc herniation is observed in people working under sedentary conditions and is common among people suffering from trauma or lifting injuries. The growing prevalence of this disease among the aging population is a critical factor that drives market growth during the forecast period.

Geographical segmentation of the cervical artificial discs market

• Americas
• APAC
• Europe
• MEA

In this market study, analysts estimate the Americas to account for a market share of more than 57% by 2020. The prospects for growth in this market are driven by factors like the increasing spinal non-fusion procedures volume, growing acceptance of technologically advanced cervical spinal implants, and augmented investments by vendors in clinical trials.

Competitive landscape and key vendors

The global cervical artificial discs market is highly competitive owing to the presence of numerous large, well-established vendors as well as new and emerging companies. Although the top vendors dominate this market in terms of shares, factors like increasing product innovation and development are anticipated to change the market scenario in the next four years.

The top vendors in this market are -

• DePuy Synthes
• LDR Holdings
• Medtronic
• NuVasive

Other prominent vendors in the market include AxioMed, Spinal Kinetics, Globus Medical, Vertebral Technologies, Joimax, and Orthofix.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global cervical artificial discs market?
• What are the key market trends impacting the growth of the cervical artificial discs market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global cervical artificial discs market?
• Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
• What are the key outcomes of the five forces analysis of the cervical artificial discs market?

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