Artificial Disc Market – Analysis and Forecast (2016-2024) – by Type, by Materials, by Geography

Artificial Disc Market – Analysis and Forecast (2016-2024) – by Type, by Materials, by Geography

Market Scenario

Artificial Disc Market is estimated to surpass $ 934 Million marks in 2019 and reach USD 3,153.2 Million by 2024, at a Compound Annual Growth Rate (CAGR) of 20.5% during the forecast period 2016-2024 globally. A rising incidence of degenerative diseases and increasing preference for minimally invasive surgical procedures should drive Artificial Disc Market size. Low re-operation rate associated with artificial discs coupled with better clinical trials results compared to fusion techniques should also boost industry growth. Product innovation and technological innovation, along with increasing research activities for multi-level artificial disc should propel market growth. High device cost, stringent regulatory guidelines and lack of uniform reimbursement policies for disc replacement, should restraint artificial disc industry growth.Artificial Disc MarketArtificial Disc Market1 Growing healthcare expenditure, supportive reimbursements, and increasing disposable income are projected to drive the Artificial Disc Market in the U.S. High success rate of artificial disc replacements are also spurring market growth. In addition, the prevalence of degenerative disc disease and demand for non-invasive procedures are likely to augment the market. The growth in the industry is expected to be majorly led by product and technological innovations, increasing incidence of degenerative disc diseases, rising propensity for minimal incision surgeries, better clinical trial results with cervical total disc replacement (C-TDR) compared to anterior cervical discectomy and fusion (ACDF), long-term cost benefits of disc replacement over spinal fusion procedures, surging geriatric population, and rising healthcare expenditure.Artificial Disc Market2Cervical discs held over 65% of Artificial Disc Market share in 2017. Growing number of surgeries and the availability of a number of products should lead the industry expansion. The rising per capita income is likely to increase the affordability of patients for expensive surgical procedures, including artificial disc replacement surgeries. According to the World Bank, the GDP per capita of India increased from $1,345.8 in 2010 to $1,709.4 in 2016. A similar trend has been observed for other developing countries, such as Papua New Guinea, the Philippines, and Indonesia, which is contributing to the growth of the Asia-Pacific Cervical disc market. North America Artificial Disc Market accounted for the highest revenue in 2017 and is projected to grow at a significant rate during the forecast period. U.S. Artificial Disc Market was the highest Artificial Disc Market share in North America. Higher disposable income along with increasing healthcare expenditure should spur business growth. Presence of advanced facilities for disc replacement surgeries, trained surgeons, and favorable reimbursement policies will also contribute to regional growth. Maximize Market Research has comprehensively analyzed the Artificial Disc Market emphasizing on each segment keeping global and regional dynamics in perspective. The driving forces, as well as considerable restraints, have been explained in depth to attain a balanced scenario. The report classifies Artificial Disc Market into various segments such as Type, Applications, and Regions providing a thorough understanding of the Artificial Disc Ecosystem. Importantly, the report delivers forecasts of the market, giving an insight into the future opportunities that exist in the Artificial Disc Market. The scope of the Report: By Type: Cervical Artificial Disc, Lumbar Artificial Disc By Material: Metal on Metal, Metal on Biopolymer By Geography: North America, Europe, Asia Pacific, Middle East & Africa and Latin America Key Players: AxioMed LLC Simplify Medical Inc. K2M Inc. Spinal Kinetics Inc. Globus Medical Inc. Johnson & Johnson B. Braun Melsungen AG Zimmer Biomet Holdings Inc. Medtronic PLC. Nuvasive Inc. Stryker Corporation Aesculap Implant System, LLC Alphatec Spine Inc. Smith & Nephew Orthovita Inc. Synthes Holding AG LDS Spine De Puy Spine Audubon Joimax GmbH Orthofix Inc. Success Stories: Key Industry Players: Spinal Kinetics Inc. Globus Medical Inc. Johnson & Johnson B. Braun Melsungen AG Zimmer Biomet Holdings Inc. Medtronic PLC. Biosurgery Market Device Market- Industry Analysis and Forecast (2017 to 2024)

Table of Contents

Artificial Disc Market

1. INTRODUCTION 1.1 Report Description 1.1.1 Objectives of the Study 1.1.2 Market Scope 1.1.3 Years considered in the study 1.1.4 Currency 1.1.5 Stakeholders 1.2 Target Audience 1.3 Key Takeaways 2. RESEARCH METHODOLOGY 2.1 Research Methodology 2.2 Market Definition 2.3 Assumptions and Acronyms Used 2.4 Data Sources 2.4.1 Secondary 2.4.1.1 Paid 2.4.1.2 Unpaid 2.4.2 Primary 2.5 Analyst tools and models 3. EXECUTIVE SUMMARY 3.1 Global Artificial Disc Market Overview 3.1.1 By Type 3.1.2 By Materials 3.1.3 By Geography 4. GLOBAL ARTIFICIAL DISC MARKET OUTLOOK 4.1 Market Definition, Segmentation and Scope of Study 4.2 Market Dynamics 4.2.1 Drivers 4.2.1.1 Rising incidence of degenerative diseases 4.2.1.2 increasing preference for minimally invasive surgical procedures 4.2.2 Restraints 4.2.2.1 High-cost of implants 4.2.3 Opportunities 4.2.3.1 Increasing number of clinical studies on artificial discs over ACDF surgeries 4.2.3.2 Rising healthcare expenditure and government funding in R&D in emerging countries 4.3 Market Share Analysis 4.3.1 By Type 4.3.2 By Materials 4.3.3 By Geography 4.4 Competitive Analysis 4.4.1 Key Strategic Initiatives 4.4.2 Regional Presence 4.4.3 Product Overview 4.5 Porter’s Analysis 4.6 PESTEL Analysis 4.7 Product Benchmark Analysis 4.8 Company Market Share Analysis 4.9 Key Findings 4.9.1 Top Winning Strategies 4.9.2 Top Investment Pockets 4.9.3 Top Impacting Factors 4.9.4 Key Trends in Global Artificial Disc Market 5. GLOBAL ARTIFICIAL DISC MARKET, BY TYPE 5.1 Type Segment Analysis & Market Share 5.2 Cervical Artificial Disc 5.2.1 Overview 5.2.2 Market Size and Forecast 2016-2024 5.3 Lumbar Artificial Disc 5.3.1 Overview 5.3.2 Market Size and Forecast 2016-2024 6. GLOBAL ARTIFICIAL DISC MARKET, BY MATERIALS 6.1 Material Type Segment Analysis & Market Share 6.2 Metal on Metal 6.2.1 Overview 6.2.2 Market Size and Forecast 2016-2024 6.3 Metal on Biopolymer 6.3.1 Overview 6.3.2 Market Size and Forecast 2016-2024 7. GLOBAL ARTIFICIAL DISC MARKET, BY GEOGRAPHY 9.1 Geography Type Segment Analysis & Market Share 7.1 North America 7.1.1 Overview 7.1.2 Global Standing in Artificial Disc Market by Materials 7.1.2.1.1 Metal on Metal 7.1.2.1.2 Metal on Biopolymer 7.1.3 Market Size and Forecast 2016-2024 7.2 Europe 7.2.1 Overview 7.2.2 Global Standing in Artificial Disc Market by Materials 7.2.2.1.1 Metal on Metal 7.2.2.1.2 Metal on Biopolymer 7.2.3 Market Size and Forecast 2016-2024 7.3 Asia Pacific 7.3.1 Overview 7.3.2 Global Standing in Artificial Disc Market by Materials 7.3.2.1.1 Metal on Metal 7.3.2.1.2 Metal on Biopolymer 7.3.3 Market Size and Forecast 2016-2024 7.4 Latin America, Middle East and Africa 7.4.1 Overview 7.4.2 Global Standing in Artificial Disc Market by Materials 7.4.2.1.1 Metal on Metal 7.4.2.1.2 Metal on Biopolymer 7.4.3 Market Size and Forecast 2016-2024 8. COMPITITIVE LANDSCAPE 8.1 Market Share/ Positioning Analysis 8.2 Key Innovators 8.3 Company Profiles 8.3.1 AxioMed LLC 8.3.1.1 Overview 8.3.1.2 Service Portfolio 8.3.1.3 Global Geographical Footprint 8.3.1.4 Strategic Initiatives 8.3.1.5 SWOT Analysis 8.3.1.6 Competitive Assessment 8.3.2 Simplify Medical Inc. 8.3.2.1 Overview 8.3.2.2 Service Portfolio 8.3.2.3 Global Geographical Footprint 8.3.2.4 Strategic Initiatives 8.3.2.5 SWOT Analysis 8.3.2.6 Competitive Assessment 8.3.3 K2M Inc. 8.3.3.1 Overview 8.3.3.2 Service Portfolio 8.3.3.3 Global Geographical Footprint 8.3.3.4 Strategic Initiatives 8.3.3.5 SWOT Analysis 8.3.3.6 Competitive Assessment 8.3.4 Spinal Kinetics Inc. 8.3.4.1 Overview 8.3.4.2 Service Portfolio 8.3.4.3 Global Geographical Footprint 8.3.4.4 Strategic Initiatives 8.3.4.5 SWOT Analysis 8.3.4.6 Competitive Assessment 8.3.5 Globus Medical Inc. 8.3.5.1 Overview 8.3.5.2 Service Portfolio 8.3.5.3 Global Geographical Footprint 8.3.5.4 Strategic Initiatives 8.3.5.5 SWOT Analysis 8.3.5.6 Competitive Assessment 8.3.6 Johnson & Johnson 8.3.6.1 Overview 8.3.6.2 Service Portfolio 8.3.6.3 Global Geographical Footprint 8.3.6.4 Strategic Initiatives 8.3.6.5 SWOT Analysis 8.3.6.6 Competitive Assessment 8.3.7 B. Braun Melsungen AG 8.3.7.1 Overview 8.3.7.2 Service Portfolio 8.3.7.3 Global Geographical Footprint 8.3.7.4 Strategic Initiatives 8.3.7.5 SWOT Analysis 8.3.7.6 Competitive Assessment 8.3.8 Zimmer Biomet Holdings Inc. 8.3.8.1 Overview 8.3.8.2 Service Portfolio 8.3.8.3 Global Geographical Footprint 8.3.8.4 Strategic Initiatives 8.3.8.5 SWOT Analysis 8.3.8.6 Competitive Assessment 8.3.9 Medtronic PLC. 8.3.9.1 Overview 8.3.9.2 Service Portfolio 8.3.9.3 Global Geographical Footprint 8.3.9.4 Strategic Initiatives 8.3.9.5 SWOT Analysis 8.3.9.6 Competitive Assessment 8.3.10 Nuvasive Inc. 8.3.10.1 Overview 8.3.10.2 Service Portfolio 8.3.10.3 Global Geographical Footprint 8.3.10.4 Strategic Initiatives 8.3.10.5 SWOT Analysis 8.3.10.6 Competitive Assessment 8.3.11 Stryker Corporation 8.3.11.1 Overview 8.3.11.2 Service Portfolio 8.3.11.3 Global Geographical Footprint 8.3.11.4 Strategic Initiatives 8.3.11.5 SWOT Analysis 8.3.11.6 Competitive Assessment 8.3.12 Aesculap Implant System, LLC 8.3.12.1 Overview 8.3.12.2 Service Portfolio 8.3.12.3 Global Geographical Footprint 8.3.12.4 Strategic Initiatives 8.3.12.5 SWOT Analysis 8.3.12.6 Competitive Assessment 8.3.13 Alphatec Spine Inc. 8.3.13.1 Overview 8.3.13.2 Service Portfolio 8.3.13.3 Global Geographical Footprint 8.3.13.4 Strategic Initiatives 8.3.13.5 SWOT Analysis 8.3.13.6 Competitive Assessment 8.3.14 Smith & Nephew 8.3.14.1 Overview 8.3.14.2 Service Portfolio 8.3.14.3 Global Geographical Footprint 8.3.14.4 Strategic Initiatives 8.3.14.5 SWOT Analysis 8.3.14.6 Competitive Assessment 8.3.15 Orthovita Inc. 8.3.15.1 Overview 8.3.15.2 Service Portfolio 8.3.15.3 Global Geographical Footprint 8.3.15.4 Strategic Initiatives 8.3.15.5 SWOT Analysis 8.3.15.6 Competitive Assessment 8.3.16 Synthes Holding AG 8.3.16.1 Overview 8.3.16.2 Service Portfolio 8.3.16.3 Global Geographical Footprint 8.3.16.4 Strategic Initiatives 8.3.16.5 SWOT Analysis 8.3.16.6 Competitive Assessment 8.3.17 LDS Spine 8.3.17.1 Overview 8.3.17.2 Service Portfolio 8.3.17.3 Global Geographical Footprint 8.3.17.4 Strategic Initiatives 8.3.17.5 SWOT Analysis 8.3.17.6 Competitive Assessment 8.3.18 De Puy Spine 8.3.18.1 Overview 8.3.18.2 Service Portfolio 8.3.18.3 Global Geographical Footprint 8.3.18.4 Strategic Initiatives 8.3.18.5 SWOT Analysis 8.3.18.6 Competitive Assessment 8.3.19 Audubon 8.3.19.1 Overview 8.3.19.2 Service Portfolio 8.3.19.3 Global Geographical Footprint 8.3.19.4 Strategic Initiatives 8.3.19.5 SWOT Analysis 8.3.19.6 Competitive Assessment 8.3.20 Joimax GmbH 8.3.20.1 Overview 8.3.20.2 Service Portfolio 8.3.20.3 Global Geographical Footprint 8.3.20.4 Strategic Initiatives 8.3.20.5 SWOT Analysis 8.3.20.6 Competitive Assessment 8.3.21 Orthofix Inc. 8.3.21.1 Overview 8.3.21.2 Service Portfolio 8.3.21.3 Global Geographical Footprint 8.3.21.4 Strategic Initiatives 8.3.21.5 SWOT Analysis 8.3.21.6 Competitive Assessment 8.4 Global Artificial Disc Market – Benchmarking 8.4.1 Changing Competitive Landscape 8.4.2 Benchmarking 8.4.2.1 Product Based 8.4.2.2 Revenue Based 8.4.2.3 Service Based 8.4.2.4 One-stop-shop vs. Niche entities 8.4.2.5 Cross-Industrial Applications 9. SUCCESS STORIES: KEY INDUSTRY PLAYERS 9.1 Spinal Kinetics Inc. 9.2 Globus Medical Inc. 9.3 Johnson & Johnson 9.4 B. Braun Melsungen AG 9.5 Zimmer Biomet Holdings Inc. 9.6 Medtronic PLC. 10. CONSOLIDATION 10.1 Mergers and Acquisitions 10.1.1 Overview 10.1.2 Key Drivers – By Region 10.1.3 M&A Breakdown 10.1.3.1 Asset & Non-Asset Based 10.1.3.2 Venture Capitalist Based 10.2 Fragmentation of Global Artificial Disc Market 10.3 Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 10.4 New/Emerging Models of Partnerships 10.5 New/Emerging Business Models 10.5.1 Strategic Analysis of Artificial Disc Business Models 10.5.1.1 Artificial Disc-as-a-service 10.5.2 Market share analysis of various business models 10.5.3 Emerging Trends – Key Examples 10.6 Changing Investment Paradigm: Focused areas by Key Players 10.7 Patent Analysis 11. LIST OF TABLES 12. LIST OF FIGURES

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Report ID 11275
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