Artificial Discs Market is driven by growing demand
for effective alternatives to spine fusion

The artificial discs market is primarily driven by the
growing demand for effective alternatives to spine fusion surgeries. Artificial
discs serve as effective replacements for damaged discs in the spine and help
preserve the natural motion of the spine. These discs use advanced materials
like metal alloys and plastics to mimic the properties of natural discs. They
are planted between the vertebrae during a minimally invasive procedure to
maintain the space between vertebrae and provide a cushion. This allows for
flexibility and movement of the spine without resulting in stunted movement seen
after fusion surgeries. The global demand for these discs is rising due to
advantages like faster recovery times, lesser post-operative pain, and ability
to perform everyday activities sooner than spinal fusion.

The artificial
discs market size is valued at US$ 740 million in 2023 and is projected to
reach US$ 1,130 million by 2030, growing at a CAGR of 6.2% from 2023 to 2030.



Key Takeaways



Key players operating in the artificial discs market are Medtronic, DePuy
Synthes (Johnson and Johnson), Stryker Corporation, NuVasive, Inc., Globus
Medical Inc., Orthofix International N.V., Zimmer Biomet Holdings, Inc.,
Alphatec Holdings, Inc., B. Braun Melsungen AG, and Centinel Spine LLC.
Medtronic dominated the market with over 25% share in 2019 owing to its wide
reach and variety of artificial discs.



The Artificial
Discs Market Demand is experiencing rising demand driven by the growing
elderly population globally which is more prone to degenerative disc diseases.
According to estimates, over 20% of the global population will be aged 60 years
or above by 2050. This burgeoning geriatric demographic suffering from various
spine conditions will continue driving volume growth of artificial discs in the
coming years.

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