Published on : Sep 10, 2019
With the rising cases of joint degeneration the artificial disc replacement market is performing well for the last few years. The rising geriatric population and improved life expectancy is resulting in number of degenerative lumbar spine disc. This might act as a factor supporting the growth opportunities in the global artificial disc replacement market, states a TMR report.
FDA Approval to Boost Artificial Disc Replacement Market
Artificial disc are kind of metal plates or discs that support the spine vertebrate. The commonly used metals in these disc are cobalt and titanium. The type of disc is suggested by the surgeon considering various factors including age. All artificial discs are approved by FDA, so the patients do not worry about the quality of discs, aiding in the growth of the global artificial disc replacement market.
Additionally, after the recovery period the patients can still bend backwards and forwards. Minimal restrictions are one of the major factors that drive the global artificial disc replacement market.
Further, the artificial discs are designed in such a way that it aids in faster recovery and reduces hospital stay. This results in gaining trust of the patients who are a candidate for artificial disc replacement surgery, pushing the growth opportunities in the global artificial disc replacement market.
Asia Pacific to Lead Artificial Disc Replacement Market
The global artificial disc replacement market is expected to be led by Asia Pacific. This is mainly due to increasing population and rising medical tourism in India, China, and Brazil. This allows the manufactures to expand their market share.
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North America is also second largest region in terms of market share in the global artificial disc replacement. The growth here can be attributed to rising geriatric population and availability of better medical infrastructure. This helps the manufacturing companies to expand their portfolio and penetrate into the global market.