Research By Markets adds Market Research Report - Global Disc Prostheses Market Growth 2019-2024
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An artificial disc (also called a disc replacement, disc prosthesis or spine arthroplasty device) is a device that is implanted into the spine to imitate the functions of a normal disc (carry load and allow motion).
As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
Disc Prostheses is a rapidly growing segment of the spinal implants market. The market is well established in developed countries; however, developing countries are still dependent on traditional treatment such as spinal fusion surgery for degenerative disc treatment. Developing economies are projected to show robust growth in the coming years due to increasing healthcare spending and advancement in artificial discs. Cervical artificial disc segment currently represents largest segment in the industry and will witness lucrative growth over the forthcoming years. Industry players are engaged in the development of better products such as multi-level artificial disc to garner higher revenue shares. Developments in existing technologies and growing demand for minimally invasive procedures, artificial disc industry will offer promising growth opportunities in near future.
According to this study, over the next five years the Disc Prostheses market will register a 18.2% CAGR in terms of revenue, the global market size will reach US$ 825.1 million by 2024, from US$ 357.1 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Disc Prostheses business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Disc Prostheses market by product type, application, key manufacturers and key regions and countries.
This study considers the Disc Prostheses value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Disc Prostheses consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Disc Prostheses market by identifying its various subsegments.
Focuses on the key global Disc Prostheses manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Disc Prostheses with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Disc Prostheses submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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