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Global Artificial Disc Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

November 2017 | 210 pages | ID: G072F2398CFEN
Precision Business Insights (PBI)

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Artificial Disc Market

The disc is a soft cushioning like structure located in between the bones of the spine, known as “vertebra.” The disc is made up of cartilage-like tissue and contains an inner portion, nucleus, and an outer portion called as annulus. In majority cases, the disc is flexible enough to allow the spine to bend. Artificial discs are synthetic replacements for damaged intervertebral discs present in the lumbar and cervical regions of the spine. In artificial disc surgery, worn or damaged disk material between the small bones in the spine (vertebrae) is removed and replaced with a synthetic or “artificial” disc. Artificial disc surgery is performed on the lower back or lumbar spine and the neck or cervical spine. The artificial discs are designed with the goal of resembling the form and function of the spine’s natural disc.

The artificial disc replacement market is expected to witness robust CAGR due to increase in the prevalence of osteoporosis and surge in global geriatric population. Rise in the incidence and prevalence of degenerative diseases and increase in the demand for minimally invasive surgeries, less re-operation rate, and better clinical trial results might fuel the global artificial disc market growth over the forecast period. Furthermore, new product innovation, technological development for new products, an increase in R&D activities for multi-level artificial disc might boost the artificial disc market over the forecast period. However, high procedure cost, stringent regulatory policies, expensive devices, and unfavourable reimbursement policies might hamper the growth of artificial disc market over the forecast period.

The global artificial disc market is segmented on the basis of product type, material type, and end user

Based on product type, the artificial disc market has been segmented into following:
  • Cervical disc
  • Lumbar disc
Based on the material type, the artificial disc market has been segmented into following:
  • Metal on metal
  • Metal on the biopolymer
Based on the end user, the artificial disc market has been segmented into following:
  • Hospitals
  • Orthopaedic Clinics
  • Ambulatory surgical centers
The global artificial disc market is in developing stage. Launch of new products, technological development, collaborations, acquisitions, and mergers are the key strategies followed by various medical device companies to increase revenue share in the global artificial disc market. For instance, in 2013, Zimmer Biotech acquired LDR holdings to launch Mobi-C in the U.S. cervical market. Similarly, in September 2012, Globus Medical, Inc. announced that the Food and Drug Administration (FDA) has granted premarket approval for the Secure-C cervical artificial disc. The technological developments in the artificial discs enabled better translational and rotational movements, stability of implant for a long time, minimally invasive surgery and improvement in Quality adjusted life year.

Globally, the artificial disc market has been segmented into the following regions Viz. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest share in the artificial disc market owing to increase in disposable income and healthcare expenditure, technological developments in the disc replacement surgeries, and favourable reimbursement policies might propel the market revenue growth. Europe accounts for a significant share in artificial disc market attributed to increase in geriatric population, development in healthcare infrastructure, and increase in disposable income in Europe countries such as Germany, U.K etc. Asia Pacific artificial disc market expected to grow significantly due to rise in geriatric population majorly in India and China. Increase in the prevalence of degenerative diseases, development of healthcare infrastructure, and increase in medical tourism in Asia Pacific region might bolster the artificial disc market in APAC region.

Some of the key players in the global artificial disc market are Medtronic (U.S.), Globus Medical Inc. (U.S.), Johnson and Johnson Services Inc.,(DePuy Synthes) (U.S.), NuVasive Inc. (U.S.), Zimmer-Biomet (U.S.), Stryker Corporation (U.S.), Aesculap Implant System, LLC (U.S.), Alphatec Spine Inc. (U.S.), Smith & Nephew (U.K.), Orthovita Inc. (U.S.), Synthes Holding AG (U.S.), LDS Spine (U.S.), and Spinal Kinetics Inc. (U.S.) to name a few.

In September 2016, Medtronic, Zimmer Biomet enters into 2-level cervical disc and robotic surgery markets

In June 2015, Aesculap received U.S. FDA approval for the activL artificial disc for one level lumbar use

Report Outline:
  • The report provides granular level information about the market size, regional market share and forecast from 2017-2023
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
1. EXECUTIVE SUMMARY

2. GLOBAL ARTIFICIAL DISC MARKET INTRODUCTION

2.1. Global Artificial Disc Market – Taxonomy
2.2. Global Artificial Disc Market –Definitions
  2.2.1. Product
  2.2.2. Material
  2.2.3. End User

3. GLOBAL ARTIFICIAL DISC MARKET DYNAMICS

3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Artificial Disc Market Dynamics – Factors Impact Analysis
3.6. Global Artificial Disc Market – Regulations
  3.6.1. U.S
  3.6.2. Europe
  3.6.3. Japan
  3.6.4. China
3.7. Global Artificial Disc Market – Product Innovations

4. GLOBAL ARTIFICIAL DISC MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 – 2023

4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Oppurtunity Analysis

5. GLOBAL ARTIFICIAL DISC MARKET, BY PRODUCT, 2012 - 2016 AND FORECAST, 2017 - 2023

5.1. Cervical Disc
  5.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.1.3. Market Opportunity Analysis
5.2. Lumbar Disc
  5.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.2.3. Market Opportunity Analysis

6. GLOBAL ARTIFICIAL DISC MARKET FORECAST, BY MATERIAL TYPE, 2012 - 2016 AND FORECAST, 2017 - 2023

6.1. Metal on Metal
  6.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  6.1.3. Market Opportunity Analysis
6.2. Metal on Biopolymer
  6.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  6.2.3. Market Opportunity Analysis

7. GLOBAL ARTIFICIAL DISC MARKET FORECAST, BY DISTRIBUTION CHANNEL, 2012 - 2016 AND FORECAST, 2017 - 2023

7.1. Hospitals
  7.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  7.1.3. Market Opportunity Analysis
7.2. Orthopaedic Clinics
  7.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  7.2.3. Market Opportunity Analysis
7.3. Ambulatory Surgical Centers
  7.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  7.3.3. Market Opportunity Analysis

8. GLOBAL ARTIFICIAL DISC MARKET FORECAST, BY REGION, 2012 - 2016 AND FORECAST, 2017 - 2023

8.1. North America
  8.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  8.1.3. Market Opportunity Analysis
8.2. Europe
  8.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
  8.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  8.3.3. Market Opportunity Analysis
8.4. Latin America
  8.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
  8.5.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  8.5.3. Market Opportunity Analysis
8.6. Global Artificial Disc Market - Opportunity Analysis Index, By Product, Material, End-user and Region, 2017 – 2023

9. NORTH AMERICA ARTIFICIAL DISC MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

9.1. Product Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  9.1.1. Cervical Disc
  9.1.2. Lumbar Disc
9.2. Material Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  9.2.1. Metal on Metal
  9.2.2. Metal on Biopolymer
9.3. Distribution Channel Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  9.3.1. Hospitals
  9.3.2. Orthopaedic Clinics
  9.3.3. Ambulatory Surgical Centers
  9.3.4. Others
9.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  9.4.1. U.S.
  9.4.2. Canada
9.5. North America Artificial Disc Market - Opportunity Analysis Index, By Product, Material, End-User, and Country, 2017 – 2023
9.6. North America Artificial Disc Market Dynamics – Trends

10. EUROPE ARTIFICIAL DISC MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

10.1. Product Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  10.1.1. Cervical Disc
  10.1.2. Lumbar Disc
10.2. Material Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  10.2.1. Metal on Metal
  10.2.2. Metal on Biopolymer
10.3. Distribution Channel Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  10.3.1. Hospitals
  10.3.2. Orthopaedic Clinics
  10.3.3. Ambulatory Surgical Centers
  10.3.4. Others
10.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  10.4.1. Germany
  10.4.2. UK
  10.4.3. France
  10.4.4. Spain
  10.4.5. Italy
  10.4.6. Russia
  10.4.7. Poland
  10.4.8. Rest of Europe
10.5. Europe Artificial Disc Market - Opportunity Analysis Index, By Product, Material, End-User and Country, 2017 – 2023
10.6. Europe Artificial Disc Market Dynamics – Trends

11. ASIA-PACIFIC ARTIFICIAL DISC MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

11.1. Product Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  11.1.1. Cervical Disc
  11.1.2. Lumbar Disc
11.2. Material Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  11.2.1. Metal on Metal
  11.2.2. Metal on Biopolymer
11.3. Distribution Channel Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  11.3.1. Hospitals
  11.3.2. Orthopaedic Clinics
  11.3.3. Ambulatory Surgical Centers
  11.3.4. Others
11.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn),
Y-o-Y Growth (%), and Market Share (%)
  11.4.1. Japan
  11.4.2. China
  11.4.3. India
  11.4.4. ASEAN
  11.4.5. Australia & New Zealand
  11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Artificial Disc Market - Opportunity Analysis Index, By Product, Material, End-User and Country, 2017 – 2023
11.6. Europe Artificial Disc Market Dynamics – Trends

12. LATIN AMERICA ARTIFICIAL DISC MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

12.1. Product Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  12.1.1. Cervical Disc
  12.1.2. Lumbar Disc
12.2. Material Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  12.2.1. Metal on Metal
  12.2.2. Metal on Biopolymer
12.3. Distribution Channel Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  12.3.1. Hospitals
  12.3.2. Orthopaedic Clinics
  12.3.3. Ambulatory Surgical Centers
  12.3.4. Others
12.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  12.4.1. Brazil
  12.4.2. Mexico
  12.4.3. Argentina
  12.4.4. Venezuela
  12.4.5. Rest of Latin America
12.5. Latin America Artificial Disc Market - Opportunity Analysis Index, By Product, Material, End-User and Country, 2017 – 2023
12.6. Latin America Artificial Disc Market Dynamics – Trends

13. MIDDLE EAST AND AFRICA ARTIFICIAL DISC MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

13.1. Product Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  13.1.1. Cervical Disc
  13.1.2. Lumbar Disc
13.2. Material Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  13.2.1. Metal on Metal
  13.2.2. Metal on Biopolymer
13.3. Distribution Channel Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  13.3.1. Hospitals
  13.3.2. Orthopaedic Clinics
  13.3.3. Ambulatory Surgical Centers
  13.3.4. Others
  13.3.5.
13.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  13.4.1. Brazil
  13.4.2. Mexico
  13.4.3. Argentina
  13.4.4. Venezuela
  13.4.5. Rest of Latin America
13.5. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  13.5.1. Gulf Cooperation Council (GCC) Countries
  13.5.2. Israel
  13.5.3. South Africa
  13.5.4. Rest of MEA
13.6. MEA Artificial Disc Market - Opportunity Analysis Index, By Product, Material, End-User and Country, 2017 – 2023
13.7. MEA Artificial Disc Market Dynamics – Trends

14. COMPETITION LANDSCAPE

14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
  14.2.1. Allergan, Inc. (U.S.)
  14.2.2. Medtronic. (Covidien PLC) (U.S.)
  14.2.3. EnteroMedics, Inc (U.S.)
  14.2.4. Cousin Biotech (France)
  14.2.5. Surgical IOC (Peters Surgical SAS) (France)
  14.2.6. PARE Surgical Inc. (U.S.)
  14.2.7. GI Dynamics (U.S.)

15. RESEARCH METHODOLOGY

16. KEY ASSUMPTIONS AND ACRONYMS


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