CERVICAL TOTAL DISC REPLACEMENT DEVICE MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027
© Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Cervical Total Disc Replacement Devices Market - Overview Global Cervical Total Disc Replacement Devices Market, By Material (Metal-on-metal and Metal-on-biocompatible), By Design (Constrained, Semi-constrained, and Unconstrained), By End User (Hospitals, Ambulatory Surgical Centers, and Clinics), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 1,105.1 million in 2019 and is expected to exhibit a CAGR of 21.7% over the forecast period (2019-2027), as highlighted in a new report published by Coherent Market Insights. Market players are more focused on adoption of inorganic growth strategies such as acquisitions, collaborations, and partnerships to strengthen their position in the cervical total disc replacement device market. For instance, in March 2018, Orthofix International N.V., a global medical device company, announced the acquisition of Spinal Kinetics Inc., a privately held developer and manufacturer of artificial cervical and lumbar discs. With this acquisition, Orthofix added Spinal Kinetics’ M6 artificial discs including M6-C cervical and M6-L lumbar artificial discs for patients suffering from degenerative disc disease (DDD) of the spine to its portfolio. Surgical methods such as artificial disc replacement surgeries and spinal fusion surgeries are costly which has created opportunities for manufacturers to provide low cost surgeries in middle income countries and support growth of the degenerative disc disease treatment market. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/cervicaltotal-disc-replacement-device-market-1763 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Browse 35 Market Data Tables and 31 Figures spread through 160 Pages and in-depth TOC on Global Cervical Total Disc Replacement Devices Market, By Material (Metal-on-metal and Metal-on-biocompatible), By Design (Constrained, Semi-constrained, and Unconstrained), By End User (Hospitals, Ambulatory Surgical Centers, and Clinics), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), – Global Forecast to 2027 Development of innovative treatments for degenerative disc disease (DDD) and product approvals are contributing to the growth of the market. For instance, in July 2016, Medtronic plc. received the U.S. Food and Drug Administration (FDA) approval for its two-level Prestige LP Cervical Disc Procedure for treatment of cervical disc disease causing nerve or spinal cord compression at two adjacent levels between the C3-C7 segments of the neck. Moreover, the increasing healthcare expenditure is expected to boost growth of the global cervical total disc replacement device market during the forecast period. Adoption of inorganic growth strategies by key player is another factor driving the cervical total disc replacement devices market growth. For instance, in June 2018, Zimmer Biomet Holdings, a manufacturer of musculoskeletal devices, acquired LDR Holding Corp (LDRH) for US$ 1 billion. With this acquisition, the company added LDR’s Mobi-C cervical disc replacement and Mivo lumbar and cervical fusion devices to its Spine & Craniomaxillofacial (CMF) business. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/1763 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Key Takeaways of the Global Cervical total disc replacement devices market: The global cervical total disc replacement devices market is expected to exhibit a CAGR of 21.7% over the forecast period (2019-2027) owing to launches of cervical total disc replacement devices in the market. In October 2018, Zimmer Biomet Holdings, Inc. launched its novel Mobi-C Cervical Disc for cervical total disc replacement in Japan. The product was approved by the Japan Ministry of Health, Labour and Welfare (MHLW) in May 2018.
Among material, the metal-on-biocompatible segment is expected to drive the market growth owing to product launches. For instance, in September 2019, NuVasive, Inc. launched Modulus Cervical, a porous titanium interbody implant for cervical applications. Some of the major players operating in the global cervical total disc replacement devices market include Stryker Corporation, Medtronic Plc, Zimmer Biomet Holdings, Inc., Globus Medical, Inc., FH Orthopedics, Orthofix Medical Inc., NuVasive Inc., and Centinel Spine, Inc. For instance, according to the Spine and Neuro Surgery Hospital India, cost of disc replacement surgery in India ranges from US$ 3,500 to US$ 5,500, which is considerably less than the cost of surgery in the U.S. or U.K.
Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/1763 © Coherent market Insights. All Rights Reserved
ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele.
SERVICES INDUSTRY ANALYSIS
CUSTOMIZED RESEARCH
SYNDICATED RESEARCH
MARKET INTELLIGENCE SERVICES
CONSULT STUDIES
COUNTRY SPECIFIC STUDIES
© Coherent market Insights. All Rights Reserved
ABOUT CMI SECTOR COVERAGE
BIOTECHNOLOGY
CLINICAL DIAGNOSTIC
HEALTHCARE IT
MEDICAL DEVICES
MEDICAL IMAGING
PHARMACEUTICAL
OUR CLIENTS
Global Leading Equipment and System Manufacturers Marketing Consultancies and the Advertising Industry Component Providers and System Integrators
Private and Government organization
Distributors, Retailors and Value Added Resellers
Outsourcing Companies
Healthcare IT Solutions Developers
Universities and Business Schools.
© Coherent market Insights. All Rights Reserved
KEY STATS
RESEARCH SOLUTIONS
100+
FEASIBILITY STUDIES
Insights Published Per Year
GLOBAL REPORTS
150+
Consulting Projects Till Date
COUNTRY ANALYSIS CONSULT PROJECTS
125+
Clients Worldwide Per Year
110+
SURVEY RESEARCH
EXCEL FORECAST DATABASE
CUSTOMIZED SOLUTIONS
COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS
Analysts and Contract Consultants
Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved
THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702
© Coherent market Insights. All Rights Reserved