Degenerative Disc Disease Treatment Market The report provides a key enumeration of the Degenerative Disc Disease Treatment market status manufacturers and is a valuable guidance and guidance tool for companies and individuals interested in the industry. Research was conducted using an objective combination of primary and secondary information, including input from key stakeholders in the Disc Disease Treatment industry. It provides vital information to identify and analyze market needs, market growth and competition.
The global Degenerative Disc Disease Treatment market analysis also provides a breakthrough market landscape, along with the history of market expansion and key developments in the industry. The report also includes a comprehensive research study for a professional survey of high growth potential industries with market analysis. The Degenerative Disc Disease Treatment market report helps the companies understand the market trends and future market prospects and opportunities, and formulate the critical business strategies.
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Degenerative disc disease is a common and serious disease and the associated research and development efforts are extremely expensive. As a result, numerous fundraising companies and manufacturers are working to raise funds for research into the treatment of degenerative disc disease.
Degenerative disc disease is treated in two ways, depending on the level of anxiety: nonsurgical and spinal fusion. Medication, physical therapy, and chiropractic are examples of nonsurgical therapies. Spinal fusion, on the other hand, is a surgical method used to treat degenerative disc degeneration.
During the forecast period, a significant development of the global market for the treatment of degenerative disc diseases is forecast. Artificial discs and other technical developments have contributed to this. In 2013, Zimmer Biomet introduced Mobi-C, a two-stage artificial disc for patients who have problems with two consecutive discs. In addition, companies are working on a portfolio expansion strategy that is estimated to drive the global degenerative disc disease treatment market forward. Centinel Spine signed a purchase agreement with DePuy Synthes in October 2017 to acquire the ProDisc Total Disc Replacement portfolio.
The global market for Treatment of degenerative disc disease had a market valuation of $ 1,736.4 million in 2019 and is expected to grow at a CAGR of 9.0 percent from 2019 to 2027.
The global market for the treatment of degenerative disc disease is expected to grow due to the increasing adoption of surgical disc replacement devices. Numerous brands are working to introduce new and technologically advanced products to meet customer demands, which is expected to accelerate the growth of the global Degenerative Disc Disease Treatment market during the forecast period. Atlas Spine Inc. announced the release of the HiJak AC expandable cervical interbody fusion device in March 2019. The item is an expandable interbody cervical fusion device used in spinal fusion surgery. The device enables height and lordosis adjustments, making it easy to correct the lordosis and compensate for the sagittal alignment of the spine.
Alternative therapies such as physical therapy and specific exercises are used to treat degenerative disc disease, which is expected to slow the market development over the forecast period. Physiotherapy is the most recommended first-line treatment for degenerative disc disease, according to a study published in the Toronto Physiotherapy Journal in January 2014.
With an increasing number of therapies for degenerative disc disease, North America maintains a leading position in the global market for the treatment of degenerative disc disease. The CONDUIT Interbody Platform with EIT Cellular Titanium Technology was released in September 2019 by DePuy Synthes, a division of Johnson & Johnson Medical Devices Companies.
As a result of increasing product launches, the Asia-Pacific region is the fastest growing region in the global market for the treatment of degenerative disc disease.
Major companies contributing to the global Degenerative Disc Disease Treatment market include Zimmer Biomet Holdings, Inc., Johnson & Johnson, Globus Medical Inc., Medtronic Plc., Abbott Laboratories, Fresenius Kabi AG, Ulrich Medical USA, Inc. , Cousin Biotech and RTI Surgical Holdings, Inc ..
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• Current and future prospects for the global market for the treatment of degenerative disc disease in the industrialized and emerging countries
• The segment expected to dominate the market and the segment with the highest CAGR over the forecast period.
• Regions / countries that are expected to show the fastest growth rates in the forecast period
• The latest developments, market shares and strategies from key market players
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