The global artificial disc replacement market size was USD 585.37 Mn in 2022 and is likely to reach USD 1258.73 Mn by 2031, expanding at a CAGR of 12.2% during 2023 – 2031. Rising incidence of orthopedic diseases among the aged population is expected to fuel the market.
Artificial disc replacement (ADR) is a modern surgical technique that is used to treat specific spinal conditions by replacing damaged or degenerated intervertebral discs with artificial alternatives. Artificial disc plays a pivotal role, as it facilitates the spine's flexibility, absorbs shocks, and reduces back strain. It is implanted into the cervical or lumbar spine positioned between the vertebrae of the spinal cord to replicate the innate structure and function of a healthy intervertebral disc.
The central objective of artificial disc replacement is the restoration of normal functionality of the spine. This replacement helps individuals afflicted by degenerative disc disease, disc herniation, and spinal instability, which further inflict chronic pain and reduce their mobility. During the surgical procedure of these conditions, the damaged disc is delicately removed and replaced with an artificial disc made of biocompatible materials. These materials often include metals or a combination of metal and plastic.
Rapid increase in the number of spinal cord injuries is a key factor contributing to the market growth. As per the report published by the National Library of Medicine on May 11, 2022, spinal cord injury is a serious medical condition, which often leads to permanent disability. Furthermore, about 250,000 to 500,000 patients across the world suffer from severe spinal cord injuries each year.
The COVID-19 pandemic hampered the artificial disc replacement market. Many hospitals and clinics have faced challenges, due to the increase in the burden of COVID-19 cases, which led to an abrupt shift in priorities during the pandemic. Non-essential elective surgeries, including ADR procedures, were often postponed or canceled to allocate resources for COVID-19 care, and many clinics were converted into COVID-19 care centers, which affected the market.
- According to the National Library of Medicine, the COVID-19 outbreak adversely affected orthopedic procedures. The number of orthopedic surgeries decreased by 22.8% during the first year of the pandemic.
Artificial Disc Replacement Market Dynamics
Major Drivers
Increasing occurrence of orthopedic illnesses is expected to drive the market. Orthopedic illness encompasses a range of conditions that impact the bones, muscles, and joints, such as osteoarthritis. These ailments often inflict pain, restrict mobility, and greatly diminish the overall quality of life. The artificial disc replacement procedure is known for its alternative approach to treating damaged discs or degenerative disc disease within the spine with an artificial counterpart. This procedure aims to restore motion and flexibility.
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According to the report published by WHO on July 14, 2022, globally, around 1.71 billion people suffer from musculoskeletal issues, including osteoarthritis. Moreover, musculoskeletal conditions with low back pain are a key cause of permanent disability in 160 countries.
Rising awareness regarding the benefits of disc replacement among patients with degenerative disk disease is driving the market. Individuals are becoming aware of the importance and the positive outcomes associated with the disc replacement technique. Untreated degenerative disc disease leads to serious conditions such as spinal osteoarthritis, permanent damage, and potentially paralysis, which encourages patients to undergo surgical procedures.
Existing Restraints
High cost associated with the disc replacement procedure is expected to hinder the market. ADR involves the use of advanced and specialized medical devices, such as artificial discs and other surgical instruments. Artificial discs undergo rigorous research & development and manufacturing processes, which contribute to their high cost. This directly impacts the affordability of patients with low incomes. Moreover, the lack of reimbursement policies for disc replacement restrains the market growth.
Emerging Opportunities
Ongoing research activities and technological innovations are likely to create immense opportunities for the key players competing in the market. Innovations in materials and biomechanics offer enhanced durability and performance, which improves the function of artificial discs that closely mimic natural spinal discs. Furthermore, several clinical studies are introducing minimal invasive surgeries associated with ADR, which significantly propels the market.
Scope of the Artificial Disc Replacement Market Report
The report on the market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Artificial Disc Replacement Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Disc Type (Cervical and Lumbar), Material (Metal, Metal + Plastic, and Others), and End-user (Hospitals, Ambulatory Surgical Centers, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Alphatec Holdings, Inc.; Aesculap, Inc; AxioMed LLC.; B. Braun SE; Centinel Spine®, LLC; Globus Medical; Medical Devices Business Services, Inc.; K2M, Inc.; LDR Holding Corporation; NuVasive®, Inc.; Orthofix US LLC; RTI Surgical; Spineart Geneva SA; Stryker; SYNERGY SPINE SOLUTIONS INC; and Zimmer Biomet
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Artificial Disc Replacement Market Segment Insights
Disc Type Segment Analysis
Based on disc type, the artificial disc replacement market is bifurcated into cervical and lumbar. The cervical segment is expected to hold a major market share during the forecast period, due to the increasing number of cervical disc degeneration cases. Cervical spine is present in the neck area, which allows for essential movement of the neck. Cervical artificial discs are designed to mimic the natural structure and function of the cervical spine. It plays a crucial role in maintaining the functionality and stability of the cervical spine. These discs allow for a natural range of motion, including flexion, extension, and rotation.
The lumbar segment is projected to expand at a significant CAGR in the coming years, owing to its ability to restore spinal stability and motion while minimizing the risk of adjacent-level degeneration. The lumbar spine is prone to degenerative disc diseases. Lumbar artificial discs are designed to replace damaged discs in the lower back. Use of lumbar artificial discs reduces the risk of adjacent-level degeneration and allows individuals to bend, move, and twist comfortably. Replacement of a damaged lumbar disc decreases stress and load distribution on adjacent discs.
Material Segment Analysis
On the basis of material, the market is classified as metal, metal + plastic, and others. The metal + plastic segment is anticipated to register robust growth, due to the biocompatibility and durability of these materials. The combination of metal and plastic used in artificial discs is well-tolerated by the human body without causing adverse reactions. These materials are highly capable of withstanding the biomechanical forces associated with spinal movements over a long period. Their biocompatibility and durability make them suitable for long-term implantation. Metal and plastic materials offer flexibility, which enables customization to ensure optimal fit and performance of artificial discs.
The metal segment is anticipated to expand at a significant CAGR in the coming years, owing to the increasing adoption of metal-based ADR devices among patients. Metals, such as titanium alloys and stainless steel, are known for their exceptional strength and durability. These materials withstand the biomechanical forces and stress exerted on the artificial disc, which ensures long-term stability and functionality.
End-user Segment Analysis
In terms of end-user, the artificial disc replacement market is fragmented into hospitals, ambulatory surgical centers, and others. The hospitals segment is estimated to hold a key market share during the forecast period, due to the rising number of surgeries performed in hospitals. Advanced technologies and specialized surgical equipment available in specialty hospitals offer a wide range of services required for complex surgeries, including ADR procedures. Presence of skilled professionals within the hospital setting streamlines the diagnostic processes and enhances the overall efficiency of ADR procedures.
The ambulatory surgical centers segment is anticipated to expand at a robust growth rate during the forecast period, owing to their cost-effectiveness as compared to traditional hospital settings. Ambulatory healthcare services are outpatient surgical centers, which provide same-day surgical care, including diagnostic procedures. This reduces hospital stays and hospitalization costs significantly, which accelerates the segment.
- According to the National Library of Medicine, around 990,980 cases of outpatient orthopedic surgeries were performed at ASCs till 2018. The utilization rate of ASCs is expected to increase by 31% to 34% in the next few years.
Regional Outlook
Based on region, the global artificial disc replacement market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the forecast period, due to the presence of advanced healthcare infrastructure, including well-established hospitals, specialized clinics, and research institutions. The region is at the forefront of technological advancements and medical research ,and has a robust network of healthcare facilities equipped with advanced medical technology, which enables it to provide enhanced care. Moreover, the rapid increase in the cases of spinal cord injuries creates potential opportunities for market expansion.
- As per the National Library of Medicine, nearly 17,000 new cases of spinal cord injury occur each year in the US.
The market in Asia Pacific is anticipated to expand at a rapid pace in the coming years, owing to the rising prevalence of spinal disorders, such as degenerative disc disease and disc herniation, in the region. Factors such as sedentary lifestyle and rapid growth in the aging population contribute to the high incidence of spinal conditions among people in the region. Furthermore, increasing government funding to improve healthcare facilities is likely to boost the market in the region.
Segments
The global artificial disc replacement market has been segmented on the basis of
Disc Type
Material
- Metal
- Metal + Plastic
- Others
End-user
- Hospitals
- Ambulatory Surgical Centers
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Alphatec Holdings, Inc.
- Aesculap, Inc
- AxioMed LLC.
- B. Braun SE
- Centinel Spine®, LLC
- Globus Medical
- Medical Devices Business Services, Inc.
- K2M, Inc.
- LDR Holding Corporation
- NuVasive®, Inc.
- Orthofix US LLC
- RTI Surgical
- Spineart Geneva SA
- Stryker
- SYNERGY SPINE SOLUTIONS INC
- Zimmer Biomet
Competitive Landscape
Key players competing in the global artificial disc replacement market are Alphatec Holdings, Inc.; Aesculap, Inc; AxioMed LLC.; B. Braun SE; Centinel Spine®, LLC; Globus Medical; Medical Devices Business Services, Inc.; K2M, Inc.; LDR Holding Corporation; NuVasive®, Inc.; Orthofix US LLC; RTI Surgical; Spineart Geneva SA; Stryker; SYNERGY SPINE SOLUTIONS INC; and Zimmer Biomet.
Some of these companies adopt various strategies, such as partnerships, mergers, reduction in production costs, launch of products, and implementation of advanced technologies to cater to consumers globally. For instance,
- On October 11, 2022, Orthofix, a global orthopedic and spine device supplier, and SeaSpine, a medical technology company, announced their partnership to build a spine and orthopedics company with specialized orthopedic solutions, innovative spinal hardware, bone growth therapies, and surgical navigation system.
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