The global Disc Prostheses Market size was valued at USD 398.5 million in 2021 and is expected to reach USD 1,230.1 million by 2028, at a CAGR of 17.5% during the forecast period 2022 to 2028. A disc prosthesis is a device placed in the spine that mimics the functions of a natural disc. A disc replacement or spine arthroplasty device is another name for it. It's a type of artificial disc that's utilised in surgical treatments to replace a damaged intervertebral disc in the spinal column with a man-made device. A disc in the cervical or lumbar spine can be replaced with this disc.
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A disc prosthesis is a device placed in the spine that mimics the functions of a natural disc. A disc replacements or spine arthroplasty device is another name for it. It's a type of artificial disc that's utilised in surgical treatments to replace a damaged intervertebral disc in the spinal column with a man-made device. A disc in the cervical or lumbar spine can be replaced with this disc. The Disc Prostheses Market is expected to increase due to rising healthcare spending in developing nations and improvements in artificial discs. Various main manufacturers are working on new goods like as multi-level artificial discs, as well as improvements in existing technologies and a growing need for minimally invasive procedures, all of which are driving the industry forward. For example, Zimmer Biomet Holdings, Inc. debuted its Mobi-C Cervical Disc for cervical complete disc replacement in Japan on October 19, 2018. Nevertheless, in the case of degenerative disc disease, underdeveloped countries continue to rely on conventional therapies such as spinal fusion surgery. This could limit the market's expansion in developing countries.
On the basis of type, the global disc prosthesis market is bifurcated into Cervical Disc and Lumbar Disc. On the basis of materials, the market is segregated into Metal-on-metal, Metal-on-polymer, and Others.
During the projection period, Asia-Pacific (APAC) is predicted to grow at the quickest rate in the market. This can be attributed to the region's growing senior population, rising healthcare expenditures, and increased investments in the healthcare industry by both public and private organisations to meet unmet medical requirements. As per the United Nations Department of Economic and Social Affairs (UNDESA) report World Population Ageing 2015, Japan's population aged 65 and up accounted for 25.3 percent of the population in 2000, and is expected to rise to 36.5 percent by 2030. The artificial disc market in the region is expected to grow as the senior population becomes more sensitive to lumbar and cervical-related disorders.
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The global Disc Prostheses Market segmentation:
- By Type (Lumbar Disc and Cervical Disc),
- By Application (Metal-on-polymer, Metal-on-metal, and Others)
Some of the major key players in the Disc Prostheses Market are Spineart, Medtronic, Centinel Spine, FH Orthopedics, Orthofix Company, AxioMed, Zimmer Biomet
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