Press release
Global Cervical Total Disc Replacement (CTDR) Device Market to Account for US$ 1,750.1 Mn by 2021
Cervical total disc replacement (CTDR) device is used to treat patients suffering from degenerative disc disorders (DDD). Neck pain is the major cause for development of DDD in cervical region of the spine. Cervical disc replacement procedure is performed for treatment of DDD, where the degenerated disc is removed surgically and an artificial disc is implanted in the vertebra. This is a minimal incision surgery (MIS), which results in quick recovery post-surgery, short hospital stay and low revision surgery rate. Various benefits of this procedure is increasing adoption rate of this surgery over conventional spinal fusion surgery. Conventionally, DDD is treated through spinal fusion surgery, but due to high rate of revision surgery and increasing prevalence of adjacent segment disc degeneration post fusion surgery, doctors are considering cervical disc replacement over spinal fusion.
Request to Sample Report @ https://www.persistencemarketresearch.com/samples/3775
The CTDR device market is mainly driven by factors such as growing ageing population, low revision surgery rate of cervical disc replacement surgery, and increasing demand for advanced CTDR device. However, factors such as inadequate reimbursement policies and lack of clinical data are expected to hamper market growth. The CTDR device market is segmented on the basis of material type and end user.
By region, North America dominated the market with over 45% market share and is expected to remain dominant throughout the forecast period. The CTDR device market in Asia and Latin America are expected to expand at a CAGRs of 23.8% and 18.5% respectively in terms of value during the forecast period.
Request Report TOC @ https://www.persistencemarketresearch.com/methodology/3775
Key players covered in this report are Medtronic, plc, Depuy Synthes, Globus Medical, Inc., NuVasive, Inc., LDR Holding Corporation. These players have been profiled on the basis of various attributes such as company overview, recent developments, growth strategies, sustainability, and financial overview.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Cervical Total Disc Replacement (CTDR) Device Market to Account for US$ 1,750.1 Mn by 2021 here
News-ID: 1550366 • Views: …
More Releases from Persistence Market Research
Stadium Lighting Industry Forecasted to Grow Steadily, Driven by Transition from …
The global stadium lighting market is undergoing a transformative shift driven by rapid advancements in LED technology, energy efficiency mandates, and the growing popularity of smart, connected lighting systems. The transition from traditional metal halide lighting to LED-based stadium lighting is revolutionizing how sports arenas and outdoor venues are illuminated-offering longer lifespan, improved color rendering, and significantly lower maintenance costs.
Metal halide lights, which last around 6,000 hours, are increasingly being…
POS Machines Market Expected to Grow at a CAGR of 9.6% Through 2033
The global Point-of-Sale (POS) Machines Market is witnessing significant expansion as digital transactions continue to redefine modern commerce. As of 2022, the market size stood at US$ 18,221.3 million, and it is expected to reach US$ 49,365.2 million by 2033, growing at an impressive CAGR of 9.6% between 2023 and 2033. The increasing adoption of electronic payment systems, integration of advanced technologies like AI and cloud computing, and demand for…
3D Camera Market Projected to Reach USD 140.3 Billion by 2030
The global 3D camera market is witnessing an unprecedented surge, transforming how industries capture, process, and visualize images. Valued at US$ 21.0 billion in 2023, the market is projected to reach a staggering US$ 140.3 billion by 2030, growing at an exceptional CAGR of 30.1% during the forecast period. This exponential growth is primarily driven by the rising integration of 3D imaging in smartphones, virtual reality (VR), autonomous vehicles, and…
Parental Control Software Market Poised for Growth at an 11.1% CAGR Through 2030
The global parental control software market is projected to grow steadily, expanding from US$1.1 billion in 2023 to US$2.3 billion by 2030, registering a robust CAGR of 11.1%. This growth reflects the increasing digitalization of children's lives and the rising awareness among parents about online safety. The proliferation of smartphones, tablets, and internet-connected devices has created an urgent need for tools that allow guardians to monitor, filter, and restrict access…
More Releases for CTDR
Surgical Innovations: The Emergence of Cervical Total Disc Replacement in Spinal …
The cervical total disc replacement market is witnessing remarkable growth as advancements in medical technology revolutionize the treatment of spinal disorders. Cervical total disc replacement (CTDR) is a surgical procedure designed to address degenerative disc disease and alleviate neck pain by replacing a damaged cervical disc with an artificial one.
This innovative approach offers patients an alternative to traditional spinal fusion surgery, providing greater flexibility and preserving motion in the…
The Cervical Total Disc Replacement Market to imbibe healthy growth by innovatio …
The Cervical Total Disc Replacement Market is bound to witness a robust CAGR going forward. The present scenario is that of prediction of the course of treatment based on data analytics. Technology has been dominating in the form of IoMT (Internet-of-Medical-Things), AI (Artificial Intelligence), cloud computing, predictive analytics, and what not? With the proven advantage of the reduction in casualties and real-time access to the history of patients, and not…
Global Cervical Total Disc Replacement (CTDR) Device Market to Account for US$ 1 …
According to the latest market report published by Persistence Market Research titled “Cervical Total Disc Replacement Device Market: Global Industry Analysis & Forecast: North America to Witness Highest Growth by 2021”, the CTDR device market is expected to be valued at US$ 489.7 Mn by the end of 2015. It is anticipated to expand at a CAGR of 23.1% during the forecast period (2015 - 2021) to account for US$…
Global Cervical Total Disc Replacement (CTDR) Device Market to Account for US$ 1 …
According to the latest market report published by Persistence Market Research titled “Cervical Total Disc Replacement Device Market: Global Industry Analysis & Forecast: North America to Witness Highest Growth by 2021”, the CTDR device market is expected to be valued at US$ 489.7 Mn by the end of 2015. It is anticipated to expand at a CAGR of 23.1% during the forecast period (2015 - 2021) to account for US$…
Global Cervical Total Disc Replacement (CTDR) Device Market Expected to Account …
According to the latest market report published by Persistence Market Research titled “Cervical Total Disc Replacement Device Market: Global Industry Analysis & Forecast: North America to Witness Highest Growth by 2021”, the CTDR device market is expected to be valued at US$ 489.7 Mn by the end of 2015. It is anticipated to expand at a CAGR of 23.1% during the forecast period (2015 – 2021) to account for US$…
Cervical Total Disc Replacement (CTDR) Device Market Accounting for US$ 1,750.1 …
Cervical total disc replacement (CTDR) device is used to treat patients suffering from degenerative disc disorders (DDD). Neck pain is the major cause for development of DDD in cervical region of the spine. Cervical disc replacement procedures is performed for treatment of DDD, where the degenerated disc is removed surgically and an artificial disc is implanted in the vertebra. This is a minimal incision surgery (MIS) and results in quick…
