Asia Pacific Artificial Cervical Intervertebral Disc Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Material (Biopolymer Material and Metal Material) and End User (Hospitals, Ambulatory Surgical Centers, and Others)
The artificial cervical intervertebral disc market in Asia Pacific is expected to grow from US$ 369.24 million in 2022 to US$ 1,023.15 million by 2028. It is estimated to grow at a CAGR of 18.5% from 2021 to 2028.
With increasing manufacturing costs, medical device manufacturers struggle to generate enough revenue to please their investors. The emerging markets in developing economies are crucial in offering better and more lucrative growth opportunities to major players to expand their business and geographic reach. The treatment of orthopedic conditions has become simpler with the help of advanced medical technologies. Minimally invasive surgeries such as artificial cervical intervertebral disc replacement surgery have reduced the consumption of heavy-dose medicines. The adoption of these orthopedic surgeries is likely to increase in Asia Pacific.
The investment in the healthcare sector is more in Asia Pacific. Governments in this region are aggressively creating awareness regarding minimally invasive orthopedic surgeries through various initiatives. The healthcare expenditure in economies, such as India, China, and others, is growing, which has created many opportunities, thereby providing better services. These countries are witnessing an increase in adult and geriatric populations. Therefore, the incidences of orthopedic conditions are likely to increase. Also, there is a rise in the number of start-up companies operating in healthcare sectors in countries such as India and China.
In addition, the availability of technologically advanced infrastructure is likely to boost the local players in manufacturing advanced orthopedic products. Therefore, the market in developing countries is likely to show high growth potential over the next few years.
Asia Pacific Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Artificial Cervical Intervertebral Disc Market Segmentation
The Asia Pacific artificial cervical intervertebral disc market is analyzed on the basis of material, end user, and country. Based on material, the market has been bifurcated into biopolymer and metal. In 2022, the biopolymer material segment held a larger market share. Based on end user, the market is segmented into hospitals, ambulatory surgical centers, and others. In 2022, the hospitals segment held the largest market share.
Based on country, the Asia Pacific market is fragmented into Japan, China, India, Australia, South Korea, and the Rest of Asia Pacific. China will hold the largest market share by the end of 2022.
B. Braun Melsugen AG.; Globus Medical, Inc.; Medtronic; NuVasive, Inc.; Orthofix Medical, Inc.; and Zimmer Biomet Holdings, Inc. are the leading companies in the Asia Pacific artificial cervical intervertebral disc market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Artificial Cervical Intervertebral Disc Market – By Material
1.3.2 APAC Artificial Cervical Intervertebral Disc Market – By End User
1.3.3 APAC Artificial Cervical Intervertebral Disc Market – By Country
2. APAC Artificial Cervical Intervertebral Disc Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Artificial Cervical Intervertebral Disc Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 APAC– PEST Analysis
4.3 Expert Opinions
5. APAC Artificial Cervical Intervertebral Disc Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Incidences of Cervical Injuries
5.1.2 Rising Aging Population
5.2 Market Restraints
5.2.1 High Cost of Cervical Intervertebral Disc Surgeries
5.3 Market Opportunities
5.3.1 High Market Potential in Developing Economies
5.4 Future Trends
5.4.1 Growing Number of Product Approvals and Developments
5.5 Impact Analysis
6. Artificial Cervical Intervertebral Disc Market– APAC Analysis
6.1 APAC Artificial Cervical Intervertebral Disc Market Revenue Forecast and Analysis
6.1.1 Overview
7. APAC Artificial Cervical Intervertebral Disc Market Analysis – By Material
7.1 Overview
7.2 APAC Artificial Cervical Intervertebral Disc Market, By Material, 2022 & 2028 (%)
7.3 Biopolymer Material
7.3.1 Overview
7.3.2 Biopolymer Material: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
7.4 Metal Material
7.4.1 Overview
7.4.2 Metal Material: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
8. APAC Artificial Cervical Intervertebral Disc Market Analysis – By End User
8.1 Overview
8.2 APAC Artificial Cervical Intervertebral Disc Market Share by End User - 2022 & 2028 (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
8.4 Ambulatory Surgical Centres
8.4.1 Overview
8.4.2 Ambulatory Surgical Centres: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9. APAC Artificial Cervical Intervertebral Disc Market– Country Analysis
9.1 APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028
9.1.1 Overview
9.1.2 APAC: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Country (2022 & 2028)
9.1.2.1 Japan: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Japan: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.2 Japan: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
9.1.2.1.3 Japan: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.2 China: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 China: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.2 China: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
9.1.2.2.3 China: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.3 India: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 India: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.2 India: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
9.1.2.3.3 India: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.4 South Korea: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 South Korea: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.2 South Korea: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
9.1.2.4.3 South Korea: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.5 Australia: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Australia: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.2 Australia: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
9.1.2.5.3 Australia: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.6 Rest of APAC: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Rest of APAC: Artificial Cervical Intervertebral Disc Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.2 Rest of APAC: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
9.1.2.6.3 Rest of APAC: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
10. APAC Artificial Cervical Intervertebral Disc Market – Industry Landscape
10.1 Overview
10.2 Organic Developments
10.2.1 Overview
10.3 Inorganic Developments
10.3.1 Overview
11. Company Profiles
11.1 Zimmer Biomet
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Globus Medical, Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 NuVasive, Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 ORTHOFIX MEDICAL INC.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 B. Braun Melsungen AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Medtronic
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. APAC Artificial Cervical Intervertebral Disc Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Japan: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
Table 3. Japan: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 4. China: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
Table 5. China: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 6. India: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
Table 7. India: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 8. South Korea: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
Table 9. South Korea: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 10. Australia: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
Table 11. Australia: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 12. Rest of APAC: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Material (US$ Million)
Table 13. Rest of APAC: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 14. Organic Developments in the APAC Artificial Cervical Intervertebral Disc Market
Table 15. Inorganic Developments in the APAC Artificial Cervical Intervertebral Disc Market
Table 16. Glossary of Terms, APAC Artificial Cervical Intervertebral Disc Market
LIST OF FIGURES
Figure 1. APAC Artificial Cervical Intervertebral Disc Market Segmentation
Figure 2. APAC Artificial Cervical Intervertebral Disc Market – By Country
Figure 3. APAC Artificial Cervical Intervertebral Disc Market Overview
Figure 4. Biopolymer Material Held Largest Share by Material of APAC Artificial Cervical Intervertebral Disc Market
Figure 5. India to Show Significant Growth During Forecast Period
Figure 6. APAC PEST Analysis
Figure 7. APAC Artificial Cervical Intervertebral Disc Market Impact Analysis of Driver and Restraints
Figure 8. APAC Artificial Cervical Intervertebral Disc Market– Revenue Forecast and Analysis – 2022 - 2028
Figure 9. APAC Artificial Cervical Intervertebral Disc Market, by Material, 2022 & 2028 (%)
Figure 10. Biopolymer Material: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Metal Material: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Artificial Cervical Intervertebral Disc Market Share by End User - 2022 & 2028 (%)
Figure 13. Hospitals: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Ambulatory Surgical Centers: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Others: APAC Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Artificial Cervical Intervertebral Disc Market Overview, by Country (2022)
Figure 17. APAC: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028, by Country (2022 & 2028)
Figure 18. Japan: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. China: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. India: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. South Korea: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Australia: Artificial Cervical Intervertebral Disc Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Rest of APAC: Artificial Cervical Intervertebral Disc Market – Revenue and Forecast to 2028 (US$ Million)
B. Braun Melsugen AG.Globus Medical, Inc.MedtronicNuVasive, Inc.Orthofix Medical, Inc.Zimmer Biomet Holdings, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Artificial Cervical Intervertebral Disc Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Artificial Cervical Intervertebral Disc Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Artificial Cervical Intervertebral Disc Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution