Cervical total disc replacement device market to grow at CAGR of 23% — 4 notes

The cervical total disc replacement device market reached $489.7 million in 2015, based on a Persistence report, according to medGadget.

Advertisement

Here are four notes:

 

1. The global market is expected to grow at a CAGR of 23.1 percent from 2015 to 2021, reaching $1.75 billion.

 

2. An increase in the elderly population, demand for advanced CTDR devices for surgery and increase in cervical disc replacement surgery will all drive the market’s growth.

 

3. Market trends include technological advancements, continued research and more acquisitions and mergers.

 

4. Key market players include Medtronic, DePuy Synthes, Globus Medical, NuVasive and LDR Holding.

 

More articles on devices:
Orthopedic, spine device company M&A & partnerships: 9 recent deals
Dr. David Greenwald 1st to successfully implant VerteLP Lateral Lumber Cage: 4 key notes
Brian Ennis becomes president of Implanet America: 5 key notes

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.