LONDON--(BUSINESS WIRE)--According to the latest research report released by Technavio, the global cervical artificial discs market is predicted to reach over USD 1,082 million by 2020.
This report titled ‘Global Cervical Artificial Discs Market 2016-2020‘, provides an in-depth analysis of the market in terms of revenue and emerging trends. This market study also presents up to date analysis and forecasts for various market segments and all geographical regions.
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“Titanium is increasingly used as an alternative metal over stainless steel to manufacture cervical spinal implants. Titanium implants are strong, lightweight, and have minimum interference during computed tomography (CT) and magnetic resonance imaging (MRI) after implantation, as compared to stainless steel. Titanium implants also maintain a porous structure on the inner surfaces, promoting the integration of bone for enhanced fusion and retro serrated toothing on the caudal and cranial surfaces of the implant, providing effective primary stability,” said Brahadeesh Chandrasekaran, one of Technavio’s lead analysts for orthopedics and general medical devices research.
Some of the other driving forces behind the growth of the global cervical artificial discs market are:
- Prevalence of cervical herniated disc in geriatric population
- Development of novel cervical artificial discs
- Use of spinal non-fusion surgical procedures
Prevalence of cervical herniated disc in geriatric population
The prevalence of cervical herniated discs in the age group of 60 and above has gradually increased over the last decade. Cervical disc herniation causes severe neck pain, which is a result of age-related degeneration of the annulus fibrosis. It is caused because of trauma, lifting injuries, and strain. According to the National Institutes of Health, close to 57% of the global population aged 65 and above experience neck pain because of cervical disc herniation, commonly observed in people living a sedentary lifestyle. The growing prevalence of cervical herniated discs in the geriatric population is therefore expected to drive the global cervical artificial discs market until 2020.
Development of novel cervical artificial discs
The market is expected to witness the launch of many novel pipeline products during the forecast period. Currently, there are five cervical artificial discs developed by companies such as Medtronic, LDR, and Globus Medical that are in Phase III clinical trials. Positive results in Phase I and II trials have assisted vendors in visualizing strong growth potential of these products in the coming years compared to cervical fusion techniques. For example, Phase III pipeline products such as the PRESTIGE LP device developed by Medtronic is under clinical trial for the treatment of two-level cervical disc herniation in patients.
Use of spinal non-fusion surgical procedures
The use of spinal non-fusion surgeries, especially with MI technique, helps in preserving mobility and stability of the spine as well as in alleviating severe back and leg pain. Also, MI cervical spinal surgeries reduce hospital stay by lowering complications and re-operations, which helps in significant cost savings.
Spinal non-fusion surgical procedures such as artificial disc replacement, dynamic stabilization, and interspinous process decompression surgereries offer advantages such as minimal blood loss, low infection rate, reduced patient pain, and fast patient ambulation and retrieval. With the increasing adoption of MI spinal non-fusion surgeries, the market is expected to witness a rise in the adoption of spinal non-fusion implants during the forecast period.
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