Degenerative Disc Disease Treatment Market

Degenerative Disc Disease Treatment Market, By
Treatment,and End User - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 2018-2026
Degenerative disc disease is a spinal condition caused by the breakdown of your intervertebral
discs. The symptoms observed for degenerative disc disease are tingling or numbness in legs or
difficulty walking. This disease is diagnosed with physical examination, through X-rays or
magnetic resonance imaging (MRI). The degenerative disc disease is most commonly seen in
geriatric population and a cause of low back pain and neck pain in adults. The common cases
of back pain among patients occurs at the lower side of the back and is known as lower back
pain. As per American Association of Neurological Surgeons in 2016, 75-85% of people in the
U.S. experience some form of back pain in their life.
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Furthermore, depending upon the level of pain, degenerative disc disease can be treated by two
common process which includes non-surgical and spinal fusion. The non-surgical treatments
include medications, physical therapy and chiropractic care. Whereas, spinal fusion is a
procedure used to surgically treat degenerative disc disease.
Recent advances in technology is expected to favor the growth of degenerative disc disease
treatment market in near future.
The recent advances in technology helps the degenerative disc disease treatment market to
augment in near future. For instance, in 2016, according to data published in Journal of
Neurosurgery: Spine, the ProDisc technology has proven clinical efficacy in the U.S. It was also
found. Authors of the study found total disc replacement with ProDisc-C that the procedure is
also cost-effective compared to spinal fusion and recorded an average of US $12,789 in savings
which is more effective than spinal fusion for single-level procedures.
In addition to this, the manufacturers are also focusing on acquisition to adopt and strengthen
the company’s product portfolio. For instance, Centinel Spine in October 2017, has entered into
an asset purchase agreement to acquire the ProDisc Total Disc Replacement portfolio from
DePuy Synthes. This acquisition will provide a complete platform of ProDisc technologies to
Centinel Spine, which include, ProDisc-C, Discover, ProDisc-L, ProDisc-C Nova, ProDisc-C Vivo,
and ProDisc-Oblique.
North America is expected to be dominant in the global degenerative disc disease treatment
market over the forecast period
North America market accounted for the largest share in the degenerative disc disease treatment
market, followed by Europe market in 2016. This is attributed due to increasing number of
clinical trials in U.S. for degenerative disc disease treatment. For instance, Centinel Spine is
planning to commence clinical trials with the Nova, Vivo and Oblique technologies, currently
sold outside of the U.S.
Report includes chapters which deeply display the following deliverable about industry :
• Degenerative Disc Disease Treatment Market Research Objective and Assumption
• Degenerative Disc Disease Treatment Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Degenerative Disc Disease Treatment Market Dynamics, Regulations, and Trends Analysis Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Degenerative Disc Disease Treatment Market, By Regions
• Degenerative Disc Disease Treatment Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Degenerative Disc Disease Treatment Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Degenerative Disc Disease Treatment Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Degenerative Disc Disease Treatment Market Forecast including Production, Consumption,
Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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In December 2017, Camber Spine announced that this company has received U.S. Food and
Drug Administration (FDA) clearance to market its SPIRA-C, Open Matrix Cervical Interbody
device. This clearance marks Camber's second implant clearance in the SPIRA family of implant
systems to be released in the U.S. market, indicated for use at one or two contiguous levels in
the cervical spine, in skeletally mature patients who have had six weeks of non-operative
treatment for the degenerative disk disease (DDD) with up to Grade 1 spondylolisthesis.
Furthermore, the Spinal Kinetics, Inc., the designer and manufacturer of the M6 artificial disc,
announced in June 2017, that the total implantations of the company’s M6-C Cervical and M6-L
Lumbar discs have exceeded 50,000 throughout the international markets where the M6 is
commercially available. This fact supports the growing demand of degenerative disc disease
treatment market.
Key players operating in the global degenerative disc disease treatment market includes
Medtronic Plc, Zimmer Biomet, Paradigm Spine, Globus Medical, Cousin Biotech, Ulrich Medical
and SpineVision.
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Degenerative disc disease is a spinal condition caused by the breakdown of your intervertebral discs.