8 core thoughts on the cervical total disc replacement market

Written by Laura Dyrda | January 21, 2015 | Print  |

Persistence Market Research released a new report on the cervical spine disc replacement market.

1. North America continues to dominate the global cervical total disc replacement market due to the increasing older population.

 

2. The Asian market is expected to see huge growth over the next five years.

 

3. China and India are expected to have the fastest growing market for cervical total disc replacement in the Asia Pacific.

 

4. In emerging countries, key factors driving cervical disc replacement are:

 

• Large patient pools
• Increased healthcare expenditure
• Rising government funding

 

5. Additional key factors in the developed countries driving cervical disc replacement are:

 

• More active lifestyles
• Increased awareness about healthcare

 

6. Reimbursement issues could have a negative impact on future market growth.

 

7. The next generation of devices will be developed with radiolucent materials, which will create additional opportunities for the global cervical total disc replacement market.

 

8. The market faces challenges from the high cost of disc replacement procedures.

 

More articles on orthopedic devices:
Exactech acquires robotic tech company—5 things to know
Zimmer to expand operations in Ireland
NuVasive grows closer to $1B company goal in 2014—8 things to know

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