Artificial discs are medical devices used to replace damaged or diseased discs in the spine. Discs are the shock-absorbing cushions between each vertebra that help maintain a healthy spine. They can become damaged due to wear and tear, injury, or the natural aging process. Artificial discs are designed to mimic the natural disc in order to provide stability and cushioning to the spine.
The artificial disc is typically composed of two metal plates with a plastic or rubber center. The plates are designed to fit together and attach to the vertebrae above and below the damaged disc, while the center provides cushioning and stability. Artificial discs are typically used to treat disc-related conditions such as degenerative disc disease, herniated discs, and spinal stenosis.
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Key Trends
The key trends in artificial discs technology include the development of increasingly advanced materials, improved implant designs, and enhanced techniques for implantation.
The materials used in artificial discs technology have seen a significant evolution over the years. Early devices were made from metal, but this material has since been replaced with more advanced polymers. These materials are designed to mimic the properties of natural discs, providing flexibility and durability. In addition, some of the latest materials are engineered to provide enhanced levels of lubrication and shock absorption for improved performance.
The design of artificial discs has also seen a number of improvements. Early devices were simple cylinders, but modern designs are much more complex. These implants are designed to replicate the size, shape, and function of the natural disc, allowing them to fit into the spine more accurately. In addition, some of the latest designs feature a range of features such as adjustable height and stiffness, and the ability to move in multiple directions.
Key Drivers
The key drivers of Artificial Discs market are;
- The increasing demand for minimally invasive spine surgery, the rising geriatric population, the growing prevalence of degenerative disc diseases, an increase in the number of road accidents, the growing awareness of the benefits of artificial discs, the availability of technologically advanced products, and the rising disposable incomes of consumers.
- Minimally invasive spine surgery (MIS) is gaining popularity due to its advantages over traditional open spine surgery. MIS offers several benefits such as reduced post-operative pain, shorter hospital stays, and faster recovery. This has led to an increase in the demand for artificial discs. The increase in the geriatric population has also contributed to the growth of the artificial discs market, as elderly people are more prone to degenerative disc diseases. The World Health Organization estimates that the global geriatric population is increasing at a rate of 3.5% per year.
- The prevalence of degenerative disc diseases is increasing due to the sedentary lifestyle of the current population. As degenerative disc diseases cause severe back pain, artificial discs are used to relieve the pain. In addition, the increasing number of road accidents has also led to an increase in the demand for artificial discs as they are used to treat severe spinal cord injuries.
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Restraints & Challenges
The key restraints and challenges in the Artificial Discs market are
- Primarily related to the cost and availability of the technology. As of now, Artificial Discs are relatively expensive and the cost of installation and replacement is significant. Additionally, the technology is not widely available and the majority of disc replacements are still done using traditional fusion surgery.
- In addition to cost and availability, there are other challenges associated with artificial discs. These include the lack of clinical data and long-term studies on the effectiveness of the technology, as well as the potential for complications such as infection and dislocation. Additionally, the procedure is technically difficult and requires a highly skilled surgeon. Furthermore, there is a risk of the artificial disc moving or shifting over time, which can cause further pain and discomfort.
- The development of Artificial Discs is also limited by the lack of standardization in the technology. Different manufacturers have developed their own designs and materials, which can make it difficult to compare and choose the best product for an individual patient. Furthermore, the long-term durability of the discs is still not fully understood, as there is limited data on the longevity of the product.
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Key Players
The market includes paleyrs such as AxioMed LLC (U.S.), Simplify Medical, Inc. (U.S.), Stryker (U.S.), Orthofix (U.S.), Globus Medical (U.S.), Johnson & Johnson Services, Inc (U.S.), B. Braun Melsungen AG (Germany), Zimmer Biomet (U.S.), Medtronic (Ireland), and LDR Holding Corporation (U.S.), among others.
Artificial Discs Market Report Coverage
- The report offers a comprehensive quantitative as well as qualitative analysis of the current Artificial Discs Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
- The report also covers qualitative as well as quantitative analysis of Artificial Discs Market in terms of revenue ($Million).
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Artificial Discs
- A thorough analysis of market trends and restraints is provided.
- By region as well as country market analysis is also presented in this report.
- Analytical depiction of the Artificial Discs Market along with the current trends and future estimations to depict imminent investment pockets. The overall Artificial Discs industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
- Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Artificial Discs Market are also analyzed.
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