Global artificial disc replacement to grow at a 15% CAGR — 3 observations

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.

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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.

 

More articles on devices:
Simplify Medical completes enrollment for Simplify Disc trial at 16 US sites — 5 insights
Spineology ends enrollment with 102 patients for mesh fusion implant trial: 5 highlights
Stryker achieves 95% ownership of Vexim: 5 takeaways

 

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