Artificial Disc Replacement Market Size Worth $1.09 Billion By 2028
Artificial Disc Replacement Industry Overview The global artificial disc replacement market size is anticipated to reach USD 1.09 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 11.7% from 2021 to 2028. The key factors driving the market growth include the rising number of spinal surgeries across the globe, the growing aging population, high demand for surgical alternatives with less tissue disruption, and technological advancements. The COVID-19 pandemic resulted in several challenges, such as logistical bottlenecks, low demand, and decreased sales & marketing activities. Artificial Disc Replacement Market Segmentation Grand View Research has segmented the global artificial disc replacement market on the basis of material type, indication, and region: Based on the Indication Insights, the market is segmented into Cervical, Lumbar. The cervical disc replacement segment accounted fo...