Quick Summary:
In a rapidly evolving healthcare landscape, the global market for Cervical Total Disc Replacement Devices stands paramount. It not only directly influences the future of spine health but also plays an instrumental role in the progression of medical technology as a whole. This detailed report, projecting the market's vast progression from its current estimated value of US$2.8 Billion to an impressive US$10.9 Billion by 2030, provides valuable insights to guide your strategic planning and investment decisions.
Our report offers a comprehensive look at the analysis period from 2022-2030, with particular focus on key market segments such as Metal-on-Biocompatible. It also explores geographic markets and growth projections not just in the U.S., but China, Japan, Canada, and Germany. Empower your decision-making with our in-depth coverage on a host of topics, including global competitiveness and key competitor percentage market shares, and exclusive interactive peer-to-peer bespoke updates. You'll also receive access to our research platform and digital archives, along with complimentary updates for a year.
Global Cervical Total Disc Replacement Devices Market to Reach $10.9 Billion by 2030
The global market for Cervical Total Disc Replacement Devices estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 18.4% over the analysis period 2022-2030. Metal-on-Biocompatible, one of the segments analyzed in the report, is projected to record 19.4% CAGR and reach US$8.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Metal-on-Metal segment is readjusted to a revised 15.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $867.7 Million, While China is Forecast to Grow at 18% CAGR
The Cervical Total Disc Replacement Devices market in the U.S. is estimated at US$867.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 18% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.2% and 15.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.Select Competitors (Total 42 Featured) -
- DePuy Synthes
- Globus Medical, Inc.
- Medtronic PLC
- NuVasive, Inc.
- Zimmer Biomet Holdings, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Cervical Total Disc Replacement Devices?
What is the growth rate of the Global Market for Cervical Total Disc Replacement Devices?
What is the forecasted size of the Global Market for Cervical Total Disc Replacement Devices?
Who are the key companies in the Global Market for Cervical Total Disc Replacement Devices?
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.8 Billion |
| Forecasted Market Value ( USD | $ 10.9 Billion |
| Compound Annual Growth Rate | 18.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- DePuy Synthes
- Globus Medical, Inc.
- Medtronic PLC
- NuVasive, Inc.
- Zimmer Biomet Holdings, Inc.
