The Europe Motion Preservation Devices Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
Cervical artificial disc replacement, which enables decompression of the spinal cord and nerve roots while maintaining natural movement in the neck, is frequently advised for patients with stenosis and disc herniation. Second, lumbar artificial disc replacement permits for the nerve root and spinal canal breakdown while maintaining natural back movement.
Motion preservation appears to be a more appealing option than spinal arthrodesis since it prevents neighbouring level deterioration. For the most part, the prosthesis' long-term stability, endurance, and strength remain unknown. When compared to inter vertebral disc, motion preservation in the posterior components of the spine is undoubtedly a simpler undertaking. In order to avoid this problem, surgical approaches for motion preservation were devised. Total disc replacement, inter-spinous implants, and dynamic posterior stabilization systems are some of these options. Moreover, favorable reimbursement policies are expected to drive the motion preservation devices market in the forecast period.
By total market, percentage of patients, medical technology producers, and healthcare providers, Germany's healthcare market is the largest in Europe. The region is also among early adopters of advanced devices like motion preservation. Over the last decade, the demand of motion preservation device has been increased. Healthcare is one of Germany's greatest economic sectors, with multiple million employees and exports worth billions. Every year, firms collaborate on thousands of research projects with industry and academic partners to make new finding in advance medical procedure like motion preservation device, highlighting Germany's reputation as a world leader in healthcare and life sciences.
The Germany market dominated the Europe Motion Preservation Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $133 Million by 2028. The UK market is expected to witness a CAGR of 4.8% during (2022 - 2028). Additionally, The France market is estimated to grow at a CAGR of 6.5% during (2022 - 2028).
Based on Product, the market is segmented into Artificial Discs, Dynamic Stabilization Devices, Annulus Repair Devices, and Nuclear Disc Prostheses Device. Based on Surgery, the market is segmented into Open Spine Surgery and Minimally Invasive Spine Surgery. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Motion Preservation Devices Market Size will Hit $2.1 Billion by 2028, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson (DePuy Synthes), B. Braun Melsungen AG, Globus Medical, Inc., Zimmer Biomet Holdings, Inc., Orthofix Medical, Inc. (Spinal Kinetics, LLC), Aurora Spine Corporation, HPI Implants, RTI Surgical, Inc., Ulrich GmbH & Co. KG
By Product
By Surgery
By Country
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