BusinessMedical DevicesOrthopaedicsTechnology

Growth of Worldwide Cervical Artificial Disc Market

1 Mins read

In spine surgery, one of the fastest growing medical technology market segments is cervical artificial discs. On a global basis, sales will grow at a double digit annual rate, but the bulk of the growth will ensue from sales of cervical artificial discs in the U.S., which will be gaining approvals over the coming decade that will result in the U.S. gaining an ever greater share of the global market.  Below is the distribution of the cervical artificial disc market by country from 2010 to 2020.

In spine surgery, one of the fastest growing medical technology market segments is cervical artificial discs. On a global basis, sales will grow at a double digit annual rate, but the bulk of the growth will ensue from sales of cervical artificial discs in the U.S., which will be gaining approvals over the coming decade that will result in the U.S. gaining an ever greater share of the global market.  Below is the distribution of the cervical artificial disc market by country from 2010 to 2020.

Source:  MedMarket Diligence Report #M520, “Worldwide Spine Surgery: Products, Technologies, Markets and Opportunities, 2010-2020”.

     

183 posts

About author
I serve the interests of medical technology company decision-makers, venture-capitalists, and others with interests in medtech producing worldwide analyses of medical technology markets for my audience of mostly medical technology companies (but also rapidly growing audience of biotech, VC, and other healthcare decision-makers). I have a small staff and go to my industry insiders (or find new ones as needed) to produce detailed, reality-grounded analyses of current and potential markets and opportunities. I am principally interested in those core clinical applications served by medical devices, which are expanding to include biomaterials, drug-device hybrids and other non-device technologies either competing head-on with devices or being integrated with devices in product development. The effort and pain of making every analysis global in scope is rewarded by my audience's loyalty, since in the vast majority of cases they too have global scope in their businesses. Specialties: Business analysis through syndicated reports, and select custom engagements, on medical technology applications and markets in general/abdominal/thoracic surgery, interventional cardiology, cardiothoracic surgery, patient monitoring/management, wound management, cell therapy, tissue engineering, gene therapy, nanotechnology, and others.
Articles
Related posts
Policy & LawTechnology

The Rising Importance of Data Governance and Archiving in Healthcare

3 Mins read
One of the biggest challenges for healthcare organizations, especially as they become more digital, is managing sensitive patient information. With stricter regulations…
eHealthMobile HealthTechnology

Technologies That Can Help You Keep Track of Your Health

3 Mins read
Here and now in the digital age, technology plays a vital role in nearly every part of life. Because maintaining a healthy…
Health careTechnologyTelemedicine

How Telehealth and 5G are Transforming Healthcare?

3 Mins read
When we talk about ‘Innovation’s Cusp’, healthcare is surely at the top as always. This is because there is tremendous room for…