Cervical Total Disc Replacement Market Is Expected To Grow On An Irrevocable Not At The Rate Of 19%
Posted by Steve Sharma on July 14th, 2022
Cervical disc replacement surgery is a type of minimally invasive surgery (MIS), which is a major factor driving the adoption of disc replacement surgery over fusion surgery. Also, factors such as increasing ageing population, low revision surgery rate of cervical disc replacement surgery, and rising demand for advanced CTDR devices are aiding the growth of the cervical total disc replacement (CTDR) device market.
As per PMR analysis, the cervical total disc replacement device market is set to expand at an impressive CAGR of 19% from 2020 to 2030, and reach a market valuation of US$ 9.3 Bn by 2030-end.
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Companies covered in Cervical Total Disc Replacement Market Report
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Key Takeaways from CTDR Device Market Study
“Cervical disc replacement surgery is gaining immense popularity as the recovery time is less, involves shorter stay at the hospital, and costs less as compared to spinal fusion surgery,” says a PMR analyst.
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What Does the Future Hold?
Metal on biocompatible material is highly preferred for cervical total disc replacement devices, due to the flexibility offered by these types of products. Key market players are involved in R&D so as to introduce innovative products into the market for the treatment of degenerative disc disease, thereby boding well for the growth of the CTDR device market over the coming years.
What Else is in the Report?
Persistence Market Research offers a unique perspective and actionable insights on the cervical total disc replacement device market in its latest study, presenting historical demand assessment of 2015–2019 and projections for 2020–2030, based on disc type (metal on a biocompatible material (M-o-B) and metal on metal (M-o-M), indication (myelopathy, radiculopathy, severe neck pain, and others), material (polymeric, metallic, and biocompatible), and end user (hospitals, ambulatory surgical centers, and orthopedic and trauma centers), across seven key regions of the world.
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About the AuthorSteve Sharma
Joined: April 12th, 2021
Articles Posted: 443
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