Discography or discogram, is an interventional diagnostic imaging test that uses X-rays to
examine the intervertebral discs of the spines. During the discographic procedures, a special
gadolinium and iodine dye is injected into the injured disc which makes the disc visible on a
fluoroscope monitor and X-ray film. Increasing prevalence of degenerative disc disease and
growing geriatric population are estimated to be the major drivers for market growth during
the forecast period. According to a study published in the Asian Spine Journal in 2016, it is
estimated that lumbar back pain affects 70% to 85% of the individuals in their life. Further,
the study states that the prevalence of back pain increases with age and the recurrence is
estimated to be as high as 85%. Moreover, according to the World Health Organization, the
world’s geriatric population is expected to reach 2 billion by 2050 from 900 million in 2015.
Additionally, about 80% of the total geriatric population is estimated to live in the low and
middle income countries.
The Global Discography Market is expected to grow at an approximate CAGR of 8.20%
during the forecast period.
Factors such as increasing per capita healthcare expenditure and rising investments by the
key market players in research and development processes will fuel the market growth
during the forecast period. However, high procedural cost followed by the complications in
the operations, lack of awareness and low per capita healthcare expenditure in the
developing countries is projected to restrain the market growth during the forecast period.
The cost for discography procedures is estimated to be around USD 1,500, making it an
out-of-pocket investment for a majority of the patients.
Key players for global discography market
The key players for the Global Discography Market are Stryker (U.S.), Johnson & Johnson
Services, Inc. (U.S.), Merit Medical Systems, Inc. (U.S.), Medtronic (U.S.), GFS Chemicals,
Inc. (U.S.), Avalon Advanced Materials (Canada), GE Healthcare (U.S.), Koninklijke Philips
N.V. (the Netherlands), Canon Inc. (Japan), Carestream Health. (U.S.), and others.
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Segmentation
The Global Discography Market is segmented on the basis of type, component, application,
and indication and end user. On the basis of the type, the market is segmented into lumbar
discography, cervical discography, thoracic discography, and others. On the basis of the
component, the market is categorised into contrast agent, imaging and others. The contrast
agent segment is sub-segmented into iodine, gadolinium, and others. The imaging segment
is sub-segmented into X-ray, computed tomography (CT), magnetic resonance imaging
(MRI), and others. On the basis of the application, the market is segmented into herniated
discs, scoliosis, burst fracture, and others. On the basis of the indication, the market is
segmented into spinal decompression, lumbar surgery, laminectomy, and others. On the
basis of the end user, the market is segmented into hospitals, retail pharmacies, academic
institutes, others.
Regional Analysis
The Americas dominates the global discography market owing to a well-developed
healthcare sector. Increasing prevalence of lower back pain, rising healthcare expenditure
have boosted the growth of the market in Americas. Moreover, the presence of developed
economies like U.S. and Canada within the regional boundaries fuels the market growth.
Europe is the second large market for discography, which is followed by Asia Pacific.
Availability of funds for research, well developed healthcare infrastructure, huge patient
population and government support for research & development will drive the market in the
Europe.
Followed by Europe, Asia Pacific is estimated to be the fastest growing region for the
market. Presence of developing economies like India and China within the region boost the
market growth within the region. Additionally, the presence of favourable government
policies and huge opportunities for the untapped market within the region fuels the market