Cervical Total Disc Replacement Device Market
funding is some other key factors responsible for the growth of the total cervical disc replacement market. Moreover, rising healthcare awareness is also expected to further contribute to the global market. Conversely, side effects associated with surgery, higher cost, and nucleus replacement devices restrain the market growth to some extent.
Global Cervical Total Disc Replacement Device Market: Segmentation
The cervical total disc replacement device market is bifurcated based on end-use hospitals and ASCs. Of these, hospitals segment is a leading end-use segment in the global market. However, the ASCs end-use segment is expected to grow at a faster rate in the coming future as major cervical disc replacement cases are performed in ASCs. A number of people prefer ASCs for quick discharge and cost-effectiveness. The global cervical total disc replacement device market is further divided based on material type as biocompatible material( M-o-B) and metal on metal( M-o-M).
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Global Cervical Total Disc Replacement Device Market: Regional Analysis
North America holds the largest market share in the global cervical total disc replacement device market. However, the higher percentage of aging population living in this region is anticipated to boost the global market growth. Asia Pacific is emerging as the second largest market for cervical total disc replacement as healthcare industries are growing at the faster rate, which in turn may fuel the global cervical total disc replacement device market. In addition, China and India are major competitors in the global cervical total disc replacement device market.