Posts

Showing posts with the label Artificial Disc Replacement Market

Artificial Disc Replacement Market Size Worth $1.09 Billion By 2028

  Artificial Disc Replacement Industry Overview The global artificial disc replacement market size was valued at USD 471.0 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.7% from 2021 to 2028. An increasing number of trauma-related and sports injuries and orthopedic surgeries is expected to boost the market growth. According to the NFL Physicians Society, approximately 1.2 million football-related injuries are sustained annually. The market is also anticipated to grow owing to the increasing technological advancements and rising geriatric population globally. The COVID-19 pandemic adversely impacted the global market with low demand as well as sales. The pandemic has led to a significant reduction in procedural volumes in 2020, which negatively affected the market growth. Gather more insights about the market drivers, restrains and growth of the Global Artificial Disc Replacement Market NuVasive, Inc. reported an 8% decrease in its net sal...