Market Research Reports- Consulting Analysis Crystal Market Research Motion Preservation Devices Market by Product - Gl | 页面 2
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In 2016, the major share of the global motion preservation devices market was occupied by artificial disc
replacement devices segmentdue tohigh adoption of artificial disc replacement devices as compared to
spinal fusion devices. The dynamic stabilization devices segment will grow at remarkable CAGR due to
use of flexible materials while performing dynamic stabilization procedure for restoring the spine
mobility.
In 2016, North America accounted for the largest share of the global motion preservation devices market
due to risingincidence of spine related disorders and impairments, and highadoption rateofmotion
preservation devices in spine procedures. Asia-Pacific is expected to show high growth rate for motion
preservation devices during the forecast period due torising incidences of spine related disorders, rising
healthcare expenditure, and improving healthcare infrastructure.
Developing innovative products is the key strategy followed by the major companies. For instance, in
July 2016, Medtronic received FDA approval for Prestige LPCervical Disc for treatment of cervical disc
disorder which causes spinal cord or nerve compression at adjacent levels between c3 and c7 segments of
the neck. This approval helped the company to expand its product portfolio.
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The major players operating in motion preservation devices market are, Zimmer Biomet Holdings, Inc.,
RTI Surgical, Inc., Globus Medical, Inc., Raymedica, Inc., Ulrich GmbH & Co. KG, B. Braun Melsungen
AG, Aurora Spine Corporation, DePuy Synthes (a part of Johnson & Johnson), Spinal Kinetics,
Medtronic plc,Paradigm Spine, LLC, andHPI Implants.
Key Findings of the Research Study:
Artificial disc replacement devices segment held almost half of the share of the global market in
2016 owing tohigh adoption rate of artificial disc replacement devices ascompared to spinal
fusion devices.
Nuclear disc prosthesis devices segment will grow at a double digit CAGR during the forecast
period.
The dynamic stabilization devices segment will grow at double digit CAGR during the forecast
perioddue to use of flexible materials while performing dynamic stabilization procedure for
restoring the spine mobility.