Global Cervical Disc Prosthesis Market is valued at approximately USD 252.97 million in 2021 and is anticipated to grow with a healthy growth rate of more than 12.3% over the forecast period 2022-2028. Cervical disc Prosthesis is a replacement surgery entails removing a diseased cervical disc and replacing it with an artificial disc. The ageing of the population, rising demand for less invasive surgeries, improvements in cervical disc prosthesis technology, business strategies adopted by major players, and rising healthcare costs are some of the major factors driving this market. For instance, in February 2021, NuVasive, Inc., a pioneer in the development of spinal technology, purchased Simplify Medical, a private firm and the maker of the Simplify Cervical Artificial Disc for Cervical Total Disc Replacement. The increasing prevalence of degenerative disc disorders, an increase in the number of sports-related injuries and trauma cases, and increased product development activities are some of the key drivers influencing the market. Furthermore, lower back pain is one of the most common symptoms of an underlying spine-related illness, which increases the market's potential. Furthermore, in order to address the drawbacks of spinal fusion surgeries, non-fusion techniques such as cervical disc prostheses are gaining traction among end-users, resulting in increased demand for cervical discs globally.Economic prosperity in major developing regions would increase demand for such products, resulting in market expansion. However, high costs and risks associated with surgery are hampering the market growth.

The key regions considered for the global Cervical Disc Prosthesis market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World.North America dominated the global market and accounted for the largest share Asia Pacific regional market is expected to grow at the fastest rate during the forecast period. One of the major factors driving the growth of the Asia Pacific regional market is the growing geriatric population pool. Constant improvements in quality of life and total life expectancy, owing to advancements in healthcare facilities and rising disposable income levels, also contribute to market growth.

Major market players included in this report are:

Medtronic, Plc

Depuy Synthes (Johnson & Johnson Inc.)

Stryker Corporation

Zimmer Biomet Holdings, Inc.

Globus Medical, Inc.

NuVasive, Inc.

Orthofix Medical Inc.

Olympus Corp.

Centinel Spine, Inc.

AxioMed Spine Corp.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Disc Type:

Metal-On-Polymer (M-o-P)

Metal on Metal (M-o-M)

By Indication:

Myelopathy

Radiculopathy

Neck Pain

By Material:

Stainless Steel

Cobalt Chromium

Titanium

Others

ByEnd-use:

Hospitals

Orthopedic and Trauma Centers

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Cervical Disc Prosthesis Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors