In a study published in Crystal Market Research, the artificial disc market is predicted to be worth $4.8 billion by 2025.
Here are four highlights:
1. In 2016 the cervical disc segment held over 66 percent of the global artificial disc market and is expected to have a double digit growth rate from 2017 to 2025.
2. Metal on biopolymer held over 75 percent of the market shares in 2016 due to its increased acceptance among healthcare professionals.
3. North America held more than half of the global artificial disc market last year, owing to advanced infrastructure and large number of disc replacement surgeries performed.
4. Key device companies in the market include Zimmer Biomet, Stryker, DePuy Synthes, Medtronic and NuVasive.