Here are five points:
1. The cervical total disc replacement device market is expected to hit $489.7 million by the end of 2015.
2. An aging population, a decreasing revision surgery rate of cervical disc replacement surgery and increasing demand for the devices drive the market.
3. Poor reimbursement and limited clinical data may hinder the market’s growth.
4. North American captures 45 percent of the market share. Asia and Latin America are expected to grow at CAGRs of 23.8 percent and 18.5 percent, respectively.
5. Key market players include Medtronic, DePuy Synthes, Globus Medical, NuVasive and LDR Holding.
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