North America's artificial cervical intervertebral disc market is expected to grow from US$ 572.89 million in 2022 to US$ 1,557.82 million by 2028. It is estimated to grow at a CAGR of 18.1% from 2021 to 2028.
Trauma is the major contributor to cervical injuries, including vehicle accidents, penetrating or blunt trauma, falls, and sports or diving injuries. As per the study "Estimating the number of traffic crash-related cervical spine injuries in the US; an analysis and comparison of the national crash and hospital data" published in 2020, in the US, ~869,000 traffic crash-related cervical spine injuries are observed in hospitals annually, of which ~841,000 are sprain/strain (whiplash) injuries, 2800 are spinal disk injuries, 23,500 are fractures, 2800 are spinal cord injuries, and 1500 dislocations.
Further, most sports injuries are orthopedic, including strains, sprains, fractures, broken ligaments, pain, and swelling; these may be acute or chronic. According to Stanford Children's Health, approximately 30 million youth and children in the US play sports annually, and more than 3.5 million sports-related injuries are reported yearly. A cervical fracture results from high-energy trauma, such as a fall in gymnastics, hockey, football, or diving. The incidence of fractures is high in athletes. As per the Spinal Cord Injury Facts and Figures at a Glance, 2020, in the US, approximately 7.8% of the total spinal cord injuries (SCI) are due to sports.
According to the US Consumer Product Safety Commission (CPSC), in 2018, approximately 23,720 neck fractures were treated at US hospital emergency rooms. Of which, ~3194 fractures were due to sports. The incidence of sports injuries increases with increased participation in sports and active participation in fitness activities due to the growing focus on healthy living. Additionally, as per the National Spinal Cord Injury Statistical Center, diving is the fifth leading cause of severe cervical spinal cord injury. Therefore, the demand for the artificial cervical intervertebral disc is increasing due to rising cervical injuries.
North America Artificial Cervical Intervertebral Disc Market Segmentation
The North America 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 North America market is fragmented into the US, Canada, and Mexico. The US will hold the largest share of this regional market by the end of 2022.
AxioMed LLC; B. Braun Melsugen AG.; Centinel Spine, LLC; Globus Medical, Inc.; Medtronic; NuVasive, Inc.; Orthofix Medical, Inc.; Synergy Spine Solutions, Inc.; and Zimmer Biomet Holdings, Inc. are the leading companies in the market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 572.89 Million |
| Market Size by 2028 | US$ 1,557.82 Million |
| CAGR (2021 - 2028) | 18.1% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Material
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Artificial Cervical Intervertebral Disc Market is valued at US$ 572.89 Million in 2022, it is projected to reach US$ 1,557.82 Million by 2028.
As per our report North America Artificial Cervical Intervertebral Disc Market, the market size is valued at US$ 572.89 Million in 2022, projecting it to reach US$ 1,557.82 Million by 2028. This translates to a CAGR of approximately 18.1% during the forecast period.
The North America Artificial Cervical Intervertebral Disc Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Artificial Cervical Intervertebral Disc Market report:
The North America Artificial Cervical Intervertebral Disc Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Artificial Cervical Intervertebral Disc Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Artificial Cervical Intervertebral Disc Market value chain can benefit from the information contained in a comprehensive market report.
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