The Global Cervical Total Disc Replacement Device Market size is valued at USD 526.11 million in 2022, And Is Expected To Exhibit A CAGR Of 21.7% During The Forecast Period.

Cervical Total Disc Replacement Device Market Overview:

Degenerative disc disease gets worse with age and lowers the body's ability to exercise. Increasing prevalence of degenerative disc disease is expected to drive the market growth. For example, in the United States, 107 out of 100,000 men and 64 out of 100,000 women have been affected by cervical radiculopathy, according to data published by the American Academy of Orthopedic Surgeons in 2017. Years are driving the growth of the cervical total disc replacement devices market. For example, in March 2015, Simplify Medical, Inc. developed the Simplify Disc, an MRI-compatible artificial disc approved by the European Medical Device Regulatory Authority.

Cervical Total Disc Replacement Device market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Cervical Total Disc Replacement Device market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Developments:

• In July 2019, Centinel Spine LLC received US FDA investigational device approval and initiated a phase 2 clinical trial of the Prodisc C anterior cervical total disc device.
• In October 2018, Zimmer Biomet Holdings, Inc. of Japan launched the latest Mobi-C Cervical Disc for total cervical disc replacement.
• In September 2019, a method for controlled epigallocatechin 3-gallate delivery for degenerative intervertebral discs was reported by the Swiss Biomechanics Institute.
• In July 2017, Medtronic received approval from the US Food and Drug Administration (FDA) for the Prestige LP Cervical Disc for the treatment of cervical disc degeneration.
• In March 2019, the HiJak AC expandable cervical interbody fusion device announced by Atlas Spine Inc. was released.

Major Market Segments Covered in Cervical Total Disc Replacement Device Industry Research:

Market Key Players:
Medtronic, Depuy Synthes, Globus Medical, NuVasive, LDR Holding, And Others.

By Type:

• Metal On A Biocompatible Material (M-O-B)
• Metal On Metal (M-O-M)
• Other

By Material:

• Polymeric
• Metallic
• Biocompatible
• Other

By Application:

• Hospitals
• Diagnostic Laboratories
• Clinics
• Community Health Center
• Other

By Region:

Geographically, North America (United States and Canada) will dominate the cervical total disc replacement devices market. Europe is attributable to higher purchasing power and social health insurance to cover the cost of cervical disc and other disc replacement surgeries. On the other hand, cervical artificial discs are still a relatively new technology in underdeveloped and developed regions. However, Asia Pacific could be a lucrative market due to the gradual dispersion of new disc replacement technologies in the region, large patient pool, and rising healthcare spending in the region during the forecast period.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Market Drivers

The major factors driving the growth of the global cervical disc replacement devices market are the increasing prevalence of degenerative disc disorders and growing geriatric population worldwide.

According to data presented by the American Orthopedic Association in 2017, there was an annual incidence of 107 cases of cervical radiculopathy (pain radiating due to cervical disc degeneration) in which compressed nerves cause pain, numbness, or weakness in the neck and surrounding areas. In the United States, it is 64 per 100,000 men and 64 per 100,000 women. Frequent product approvals are another major factor contributing to market growth. For instance, in March 2019 AxioMed LLC received CE Mark approval for its Cervical Freedom Total Disc Replacement. Additionally, in July 2017, the U.S. Food and Drug Administration (FDA) approved Medtronic's Prestige LP Cervical Disc for the treatment of cervical disc degeneration/diseases that cause nerve or spinal cord compression at two adjacent levels between the C3-C7 segments of the neck . The Prestige LP disc is Medtronic's third clinically proven prosthetic cervical disc and the first to be proven safe and effective for both stage 1 and stage 2 procedures.

Market Restraints

The high cost associated with cervical total disc replacement including artificial disc replacement surgery and spinal fusion surgery is expected to hamper the cervical total disc replacement devices market growth in the near future. For example, the average cost of certain disc replacement surgical procedures ranges from US$16,000 to US$46,000 in many states in the United States.

Additionally, alternative therapies such as physical therapy and special exercises are also used to treat cervical disc degenerative diseases, which is expected to hamper the growth of the cervical disc replacement devices market over the forecast period. According to data published in the Toronto Physiotherapy Journal in January 2014, physical therapy is the most preferred first-line treatment for degenerative disc disease, such as cervical disc degeneration and other spinal degenerative disorders, in the elderly population.

Cervical Total Disc Replacement Device Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 21.6% from 2022 to 2030.
By Type	Metal On A Biocompatible Material (M-O-B), Metal On Metal (M-O-M)
By Application	Hospitals, Diagnostic Laboratories, Clinics, Community Health Center
By Companies	Medtronic, Depuy Synthes, Globus Medical, NuVasive, LDR Holding
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Crucial Points from this Cervical Total Disc Replacement Device Report

• Estimate Cervical Total Disc Replacement Device market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Cervical Total Disc Replacement Device market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Cervical Total Disc Replacement Device market?

The Cervical Total Disc Replacement Device Market is growing at a CAGR of 21.6% During Forecast Period.

 What are the key types of Cervical Total Disc Replacement Device market?

Metal On A Biocompatible Material (M-O-B), Metal On Metal (M-O-M)

What are the key applications of Cervical Total Disc Replacement Device market?

Hospitals, Diagnostic Laboratories, Clinics, Community Health Center       

Who are the key players in Cervical Total Disc Replacement Device market?

Medtronic, Depuy Synthes, Globus Medical, NuVasive, LDR Holding, And others.