Product Code: PM2790
The global artificial discs market size is expected to reach USD 9.25 billion by 2030, according to a new study by Polaris Market Research. The report "Artificial Discs Market Share, Size, Trends, Industry Analysis Report, By Material (Metal & Plastic, Metal); By Indication; By End Use; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing utility of artificial discs in managing spinal disorders, along with the higher success and adoption rates of these devices, are primarily responsible for the growth of the artificial disc market. Moreover, the geriatric population prone to developing bone disorders such as scoliosis, among other spinal degenerative disorders, is increasing the patient pool for these artificial disc implants. These implants are preferred over traditional non-fusion therapies owing to significant improvements in spinal motility and overall quality of life.
Artificial discs are either metal on metal (MoM) or metal or plastic (MoP). The MoP implants are preferred by surgical experts due to their higher success rate, although MoM implants have a superior product life due to lesser wear and tear. The market is evolving regarding product portfolios offered by key competitors alongside consistent innovation and a focus on regulatory approvals to commercialize them. This, coupled with the increased adoption of new technologies owing to the rising demand for novel solutions, is a notable trend observed in the market.
Chronic spinal conditions, such as lower and upper back pain resulting in discogenic fatigue, are increasing the demand for spinal procedures and therapy. This, combined with key surgical procedures such as robotically assisted spinal surgeries, Artificial intelligence-based surgical planning tools, and minimally invasive surgical techniques, among other breakthrough technologies, promote the uptake of artificial disc implants. The increasing demand for minimally invasive procedures, along with rising cervical disc surgeries owing to a high prevalence of cervical disc conditions, is a key factor in driving the growth of the market.
Artificial Discs Market Report Highlights
Metal & Plastic segment is anticipated to grow rapidly over the forecast period owing to the higher success rates of implant procedures over transitional materials.
Cervical disc replacement segment accounted for a major global revenue share, which is accelerated by applications of cervical discs being less invasive in nature and the ability to operate with them on a multi-level stage. This type is also more common in spinal procedures owing to its affordability and ease of patient access.
Hospital segment is expected to hold a significant market share over the forecast period due to larger infrastructure catering to the high demand and reimbursement plans to keep the procedures affordable for the patient population.
North America is expected to grow significantly over the projected period because of the increasing consumer awareness regarding adverse health effects of synthetic colors, including terminal diseases such as cancer and other cardiovascular disorders.
Major players operating in the global market are Medtronic, Zimmer Biomet, B. Braun, among others.
Polaris Market Research has segmented the artificial discs market report based on material, indication, end-use, and region:
Artificial Discs, Material Outlook (Revenue - USD Billion, 2018 - 2030)
Metal & Plastic
Metal
Artificial Discs, Indication Outlook (Revenue - USD Billion, 2018 - 2030)
Cervical Disc Replacement
Lumbar Disc Replacement
Artificial Discs, End-use Outlook (Revenue - USD Billion, 2018 - 2030)
Hospitals
Ambulatory Surgical Centers
Artificial Discs, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Artificial Discs Market Insights
- 4.1. Artificial Discs - Industry Snapshot
- 4.2. Artificial Discs Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising prevalence of orthopaedic illnesses
- 4.2.1.2. Growing knowledge of technologically sophisticated spinal discs
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Artificial Discs Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Artificial Discs Market, by Material
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 5.3. Metal & Plastic
- 5.3.1. Global Artificial Discs Market, by Metal & Plastic, by Region, 2018 - 2030 (USD Billion)
- 5.4. Metal
- 5.4.1. Global Artificial Discs Market, by Metal, by Region, 2018 - 2030 (USD Billion)
6. Global Artificial Discs Market, by Indication
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 6.3. Cervical Disc Replacement
- 6.3.1. Global Artificial Discs Market, by Cervical Disc Replacement, by Region, 2018 - 2030 (USD Billion)
- 6.4. Lumbar Disc Replacement
- 6.4.1. Global Artificial Discs Market, by Lumbar Disc Replacement, by Region, 2018 - 2030 (USD Billion)
7. Global Artificial Discs Market, by End-Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 7.3. Hospitals
- 7.3.1. Global Artificial Discs Market, by Hospitals, by Region, 2018 - 2030 (USD Billion)
- 7.4. Ambulatory Surgical Centres
- 7.4.1. Global Artificial Discs Market, by Ambulatory Surgical Centres, by Region, 2018 - 2030 (USD Billion)
8. Global Artificial Discs Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Artificial Discs Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 8.3. Artificial Discs Market - North America
- 8.3.1. North America: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.3.2. North America: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3.3. North America: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.3.4. Artificial Discs Market - U.S.
- 8.3.4.1. U.S.: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.3.4.2. U.S.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3.4.3. U.S.: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.3.5. Artificial Discs Market - Canada
- 8.3.5.1. Canada: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.3.5.2. Canada.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3.5.3. Canada: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.4. Artificial Discs Market - Europe
- 8.4.1. Europe: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.4.2. Europe.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.3. Europe: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.4.4. Artificial Discs Market - UK
- 8.4.4.1. UK: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.4.4.2. UK.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.4.3. UK: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.4.5. Artificial Discs Market - France
- 8.4.5.1. France: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.4.5.2. France.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.5.3. France: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.4.6. Artificial Discs Market - Germany
- 8.4.6.1. Germany: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.4.6.2. Germany.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.6.3. Germany: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.4.7. Artificial Discs Market - Italy
- 8.4.7.1. Italy: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.4.7.2. Italy.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.7.3. Italy: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.4.8. Artificial Discs Market - Spain
- 8.4.8.1. Spain: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.4.8.2. Spain.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.8.3. Spain: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.4.9. Artificial Discs Market - Netherlands
- 8.4.9.1. Netherlands: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.4.9.2. Netherlands.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.9.3. Netherlands: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.4.10. Artificial Discs Market - Russia
- 8.4.10.1. Russia: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.4.10.2. Russia.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.10.3. Russia: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.5. Artificial Discs Market - Asia Pacific
- 8.5.1. Asia Pacific: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.5.2. Asia Pacific.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.3. Asia Pacific: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.5.4. Artificial Discs Market - China
- 8.5.4.1. China: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.5.4.2. China.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.4.3. China: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.5.5. Artificial Discs Market - India
- 8.5.5.1. India: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.5.5.2. India.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.5.3. India: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.5.6. Artificial Discs Market - Malaysia
- 8.5.6.1. Malaysia: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.5.6.2. Malaysia.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.6.3. Malaysia: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.5.7. Artificial Discs Market - Japan
- 8.5.7.1. Japan: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.5.7.2. Japan.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.7.3. Japan: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.5.8. Artificial Discs Market - Indonesia
- 8.5.8.1. Indonesia: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.5.8.2. Indonesia.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.8.3. Indonesia: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.5.9. Artificial Discs Market - South Korea
- 8.5.9.1. South Korea: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.5.9.2. South Korea.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.9.3. South Korea: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.6. Artificial Discs Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.6.2. Middle East & Africa.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.3. Middle East & Africa: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.6.4. Artificial Discs Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.4.3. Saudi Arabia: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.6.5. Artificial Discs Market - UAE
- 8.6.5.1. UAE: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.6.5.2. UAE.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.5.3. UAE: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.6.6. Artificial Discs Market - Israel
- 8.6.6.1. Israel: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.6.6.2. Israel.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.6.3. Israel: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.6.7. Artificial Discs Market - South Africa
- 8.6.7.1. South Africa: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.6.7.2. South Africa.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.7.3. South Africa: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.7. Artificial Discs Market - Latin America
- 8.7.1. Latin America: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.7.2. Latin America.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.7.3. Latin America: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.7.4. Artificial Discs Market - Mexico
- 8.7.4.1. Mexico: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.7.4.2. Mexico.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.7.4.3. Mexico: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.7.5. Artificial Discs Market - Brazil
- 8.7.5.1. Brazil: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.7.5.2. Brazil.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.7.5.3. Brazil: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
- 8.7.6. Artificial Discs Market - Argentina
- 8.7.6.1. Argentina: Artificial Discs Market, by Material, 2018 - 2030 (USD Billion)
- 8.7.6.2. Argentina.: Artificial Discs Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.7.6.3. Argentina: Artificial Discs Market, by Indication, 2018 - 2030 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Medtronic
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Orthofix US LLC
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Globus Medical
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. B. Braun
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. NuVasive, Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. AxioMed LLC
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Zimmer Biomet
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Spine Art SA
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Synergy Spine Solutions, Inc
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Centinel Spine LLC
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development