Global Artificial Disc Replacement Market Size & Outlook
Global artificial disc replacement market, 2016-2028 (US$M)
Related Markets
Global artificial disc replacement market highlights
- The global artificial disc replacement market generated a revenue of USD 501.1 million in 2021 and is expected to reach USD 1,090.3 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 11.7% by 2028.
- In terms of segment, metal + plastic accounted for a revenue of USD 321.2 million in 2021.
- Metal is the most lucrative material type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 501.1 million |
| Market revenue in 2028 | USD 1,090.3 million |
| Growth rate | 11.7% (CAGR from 2021 to 2028) |
| Largest segment | Metal + plastic |
| Fastest growing segment | Metal |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Metal, Metal + Plastic |
Other key industry trends
- In terms of revenue, the North America accounted for 48.9% of the global artificial disc replacement market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 9.7 million by 2028.
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Artificial Disc Replacement Market Scope
Artificial Disc Replacement Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global artificial disc replacement market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial disc replacement market will help companies and investors design strategic landscapes.
Metal + plastic was the largest segment with a revenue share of 64.1% in 2021. Horizon Databook has segmented the Global artificial disc replacement market based on metal, metal + plastic covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Artificial Disc Replacement Material type Outlook (Revenue, USD Million, 2016-2028)
- Metal
- Metal + Plastic
- Global Artificial Disc Replacement Indication Outlook (Revenue, USD Million, 2016-2028)
- Cervical Disc Replacement
- Lumbar Disc Replacement
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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial disc replacement market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial disc replacement market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global artificial disc replacement market size, by region, 2016-2028 (US$M)
Top 10 countries: Artificial disc replacement market size, 2021 (US$M)
Global artificial disc replacement market share, by material type, 2021 & 2028 (%, US$M)
Artificial disc replacement market: Opportunity assessment by country
Global artificial disc replacement market, by region, 2021 (US$M)
| Material type | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 216.7 | 225.9 | 236.1 | 247.6 | 230.0 | 244.9 | 270.8 | 300.6 | 334.9 | 374.5 | 420.3 | 473.5 | 535.5 | 11.8% |
| Europe | 103.5 | 107.3 | 111.5 | 116.2 | 107.4 | 113.6 | 124.9 | 137.8 | 152.6 | 169.6 | 189.2 | 211.9 | 238.1 | 11.2% |
| Asia Pacific | 88.5 | 92.9 | 97.8 | 103.2 | 96.6 | 103.5 | 115.2 | 128.8 | 144.4 | 162.6 | 183.7 | 208.3 | 237.0 | 12.6% |
| Latin America | 20.7 | 21.3 | 21.9 | 22.6 | 20.6 | 21.6 | 23.4 | 25.5 | 27.9 | 30.7 | 33.8 | 37.4 | 41.4 | 9.8% |
| MEA | 15.5 | 16.2 | 16.9 | 17.7 | 16.5 | 17.5 | 19.4 | 21.5 | 24.0 | 26.8 | 30.1 | 33.9 | 38.3 | 11.8% |
| Overall | 444.9 | 463.5 | 484.2 | 507.3 | 471.0 | 501.1 | 553.7 | 614.1 | 683.8 | 764.1 | 857.1 | 964.9 | 1,090.3 | 11.8% |
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