Artificial Disc Market is estimated to surpass $ 934 Million marks in 2018 and reach USD XX Million by 2026, at a Compound Annual Growth Rate (CAGR) of XX % during the forecast period 2018-2026 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. 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.Cervical 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 objective of the report is to present comprehensive North America Artificial Disc Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding North America Artificial Disc Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the North America Artificial Disc Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the North America Artificial Disc Market North America for Asia Pacific make the report investor’s guide The scope of the Report: Artificial Disc Market By Type: Cervical Artificial Disc Lumbar Artificial Disc Artificial Disc Market By Material: Metal on Metal Metal on Biopolymer Artificial Disc Market By Geography: North America Europe Asia Pacific Middle East & Africa and Latin America Artificial Disc Market 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.
Table of Contents
Artificial Disc Market1. 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 220.127.116.11 Paid 18.104.22.168 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 22.214.171.124 Rising incidence of degenerative diseases 126.96.36.199 increasing preference for minimally invasive surgical procedures 4.2.2 Restraints 188.8.131.52 High-cost of implants 4.2.3 Opportunities 184.108.40.206 Increasing number of clinical studies on artificial discs over ACDF surgeries 220.127.116.11 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 2019-2026 5.3 Lumbar Artificial Disc 5.3.1 Overview 5.3.2 Market Size and Forecast 2019-2026 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 2019-2026 6.3 Metal on Biopolymer 6.3.1 Overview 6.3.2 Market Size and Forecast 2019-2026 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 18.104.22.168.1 Metal on Metal 22.214.171.124.2 Metal on Biopolymer 7.1.3 Market Size and Forecast 2019-2026 7.2 Europe 7.2.1 Overview 7.2.2 Global Standing in Artificial Disc Market by Materials 126.96.36.199.1 Metal on Metal 188.8.131.52.2 Metal on Biopolymer 7.2.3 Market Size and Forecast 2019-2026 7.3 Asia Pacific 7.3.1 Overview 7.3.2 Global Standing in Artificial Disc Market by Materials 184.108.40.206.1 Metal on Metal 220.127.116.11.2 Metal on Biopolymer 7.3.3 Market Size and Forecast 2019-2026 7.4 Latin America, Middle East and Africa 7.4.1 Overview 7.4.2 Global Standing in Artificial Disc Market by Materials 18.104.22.168.1 Metal on Metal 22.214.171.124.2 Metal on Biopolymer 7.4.3 Market Size and Forecast 2019-2026 8. COMPITITIVE LANDSCAPE 8.1 Market Share/ Positioning Analysis 8.2 Key Innovators 8.3 Company Profiles 8.3.1 AxioMed LLC 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.2 Simplify Medical Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.3 K2M Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.4 Spinal Kinetics Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.5 Globus Medical Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.6 Johnson & Johnson 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.7 B. Braun Melsungen AG 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.8 Zimmer Biomet Holdings Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.9 Medtronic PLC. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.10 Nuvasive Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.11 Stryker Corporation 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.12 Aesculap Implant System, LLC 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.13 Alphatec Spine Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.14 Smith & Nephew 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.15 Orthovita Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.16 Synthes Holding AG 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.17 LDS Spine 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.18 De Puy Spine 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.19 Audubon 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.20 Joimax GmbH 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.3.21 Orthofix Inc. 126.96.36.199 Overview 188.8.131.52 Service Portfolio 184.108.40.206 Global Geographical Footprint 220.127.116.11 Strategic Initiatives 18.104.22.168 SWOT Analysis 22.214.171.124 Competitive Assessment 8.4 Global Artificial Disc Market – Benchmarking 8.4.1 Changing Competitive Landscape 8.4.2 Benchmarking 126.96.36.199 Product Based 188.8.131.52 Revenue Based 184.108.40.206 Service Based 220.127.116.11 One-stop-shop vs. Niche entities 18.104.22.168 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