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Artificial Disc Market

Artificial Disc Market is estimated to surpass $ 934 Million marks in 2019 and reach USD 3,153.2 Million by 2024, at a Compound Annual Growth Rate (CAGR) of 20.5% during the forecast period 2016-2024 globally. A rising incidence of degenerative diseases and increasing preference for minimally invasive surgical procedures should drive Artificial Disc Market size. Low re-operation rate associated with artificial discs coupled with better clinical trials results compared to fusion techniques should also boost industry growth. Product innovation and technological innovation, along with increasing research activities for multi-level artificial disc should propel market growth. High device cost, stringent regulatory guidelines and lack of uniform reimbursement policies for disc replacement, should restraint artificial disc industry growth.
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