Artificial Spine Discs Market Report 2021-2028
Top Players Covered in the Artificial Spine Discs Market Research Report are Medtronic, Zimmer Biomet, Johnson & Johnson Services Inc, B. Braun Melsungen AG, Simplify Medical Inc., AxioMed LLC., K2M Inc., Orthofix Holdings, Inc., Globus Medical Inc. and other key market players
Pune, India, Sept. 21, 2021 (GLOBE NEWSWIRE) — Rise in geriatric population and their vulnerability towards various diseases, often affecting their spine and bones are boosting the global artificial spine discs market says Fortune Business Insights in their new study. The study is titled “Artificial Spine Discs Market Size, Share and Global Trend By Product Type (Cervical artificial disc, Lumbar artificial disc), By Material (Metal-On-Metal, Metal-On-Biopolymer), By End Users (Hospitals, Specialty Clinics, Ambulatory surgical centers, Others) and Geography Forecast till 2026”. This report highlights key factors boosting or restricting the artificial spine discs market growth. The report also includes information obtained from trusted source.
As per Fortune Business Insights, in terms of material type the market is dominated by the metal-on-biopolymer segment. This segment accounts for the largest percentage of the artificial spine discs market share. It is further anticipated to remain at the lead through the course of the forecast period. This is because of the multiple advantages it offers such as better compatibility with the body, ease during insertion process, and others.
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North America and Europe Exhibit Stronghold in the Market, on Account of Presence of Better Healthcare Facilities
From a geographical perspective, the global artificial spine discs market share is currently dominated by North America and Europe as they emerged as regions with the largest market share in the year 2018. This is attributable to the high demand for technologically advanced artificial spine discs. Besides this, better healthcare infrastructure and proper medical facilities in the regions will help them continue dominating the market revenue in the forecast duration.
On the other side, the Asia Pacific market for artificial disc replacement is anticipated to emerge as the fastest-growing market in the forecast period. This is owing to the increasing geriatric population in the region, followed by the rise in musculoskeletal diseases prevailing amongst the aged people.
Japan is presumed to emerge with the largest opportunity to the market and China and India are anticipated to emerge as the key emerging nations, owing to the rise in awareness programs, improving healthcare infrastructure and medical facilities, and rise in number of skilled medical professionals.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/artificial-spine-discs-market-101161
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