The global artificial disc replacement market is set to grow at a 15 percent compound annual growth rate through 2023, based on a Market Research Future report, according to Herald Keeper.
Here are three observations:
1. North America leads the global market because of a growing geriatric population and the rising success of artificial disc replacement procedures.
2. Europe follows North America in market dominance, with Germany, the U.K. and France driving market expansion.
3. Leading market players include Alphatec Spine, Medtronic, DePuy Synthes, Stryker, Smith & Nephew, Orthovita, Globus Medical, Zimmer Biomet, Aesculap Implant Systems and NuVasive.