The Artificial Disc Replacement Market To Grow On A Brainstorming Note Going Forward

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Artificial Disc Replacement Market
Report Id PMRREP19723 Category Life Science
Healthcare
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The Artificial Disc Replacement Market To Grow On
A Brainstorming Note Going Forward

• Rapidly developing technology plays a noteworthy
  role in improving surgical procedures and
  increasing life expectancy. Increasing number of
  surgical procedures and the adoption of minimally
  invasive techniques is expected to boost the
  artificial disc replacement market. According to
  the latest research by PMR, the global artificial
  disc replacement market is expected to account
  over US 1,300 Mn by the end of 2029. The
  artificial disc replacement market is expected to
  grow at a CAGR of nearly 11.0 during the
  forecast period 2019-2029.
• The high growth rate of emerging healthcare
  facilities is expected to benefit the
  manufacturers of artificial disc replacement
  devices. Manufacturers are focusing on the
  expansion of their product portfolios in emerging
  countries such as China, India, and Brazil.
• Increasing population in the emerging countries
  and the rising prevalence of spinal disorders is
  expected to create high potential for
  manufacturers to increase their market share.
  Increasing mergers and acquisitions are expected
  to boost the reach of market players in
  developing economies.

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Market Segmentation
The report offers a comprehensive taxonomy of the
artificial disc replacement market based on the
product type, end user, and region. Based on
product type, the global artificial disc
replacement market is segmented into cervical
artificial disc replacement and lumbar artificial
disc replacement. On the basis of product type,
cervical artificial disc replacement is expected
to dominate the global artificial disc
replacement market owing to lesser complications
and higher benefits of cervical surgery over the
lumbar procedure. Based on end user, the global
artificial disc replacement market is segmented
into hospitals, orthopedic clinics, and
ambulatory surgical centers. The hospital
segment is expected to hold the maximum share in
the global artificial disc replacement market.
From a geographical perspective, the artificial
disc replacement market is segmented into North
America, Latin America, Europe, South Asia, East
Asia, Oceania, and Middle East and Africa.
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