Artificial Disc Replacement Market Reaching Nearly USD 1.09 Billion By 2028
Posted by rahul nikade on November 24th, 2022
Artificial Disc Replacement Industry Overview
The global artificial disc replacement market size is anticipated to reach USD 1.09 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 11.7% from 2021 to 2028. The key factors driving the market growth include the rising number of spinal surgeries across the globe, the growing aging population, high demand for surgical alternatives with less tissue disruption, and technological advancements. The COVID-19 pandemic resulted in several challenges, such as logistical bottlenecks, low demand, and decreased sales & marketing activities.
Artificial Disc Replacement Market Segmentation
Grand View Research has segmented the global artificial disc replacement market on the basis of material type, indication, and region:
Based on the Indication Insights, the market is segmented into Cervical, Lumbar.
Based on the Material Type Insights, the market is segmented into Metal, Metal + Plastic.
Artificial Disc Replacement Regional Outlook
Key Companies Profile & Market Share Insights
The global market is highly competitive. Market players implement strategic initiatives, such as product development & launches, expansion of distribution network, and global footprint through subsidiaries and partnerships. Key players are also involved in portfolio diversification and mergers & acquisition.
Some prominent players in the global artificial disc replacement market include
Order a free sample PDF of the Artificial Disc Replacement Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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Grand View Research, Inc.
Toll Free: 1-888-202-9519
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About the Authorrahul nikade
Joined: July 20th, 2022
Articles Posted: 473
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