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Report Scope & Overview:

The Artificial Cervical Disc Market Size was valued at USD 2.95 billion in 2022, and is expected to reach USD 11.47 billion by 2030 and grow at a CAGR of 18.5% over the forecast period 2023-2030.

An artificial cervical disc is a type of medical device used during disc replacement surgery to take the place of a natural disc in the neck. It is a new surgery that takes the place of a spinal disc that has been injured or become ill. These treatments will aid in removing disc degeneration-related discomfort while preserving mobility and functionality.

Artificial Cervical Disc Market Revenue Analysis

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The development of hospital infrastructure around the world is a major market driver for prosthetic cervical discs. Because of the superior care and knowledgeable medical staff, hospitals draw a large number of patients.

 As a result of the need for treatment right away, ambulatory surgical centers are in greater demand. The patient receives immediate care at these facilities, and they are then released the next day. Due to the fact they do not require overnight or extended stays, such operations are efficient and cost-effective. A growing number of medical professionals, including doctors, surgeons, and clinicians, have shown a preference for metal implants. Tantalum, tantalum, zirconium alloys, cobalt-nickel-chromium-molybdenum, and chromium-cobalt-molybdenum are a few of the often-used metal implants in artificial cervical disc procedures. Because they have better corrosion resistance than metal-on-biopolymers and are significantly less expensive, metal-on-metal materials are favored.

MARKET DYNAMICS

DRIVERS

  • Increased incidence of degenerative spine diseases worldwide

  • Ageing of the population in both developed and developing countries' economies

  • Increased Awareness among People

Patients and healthcare providers are becoming more informed and knowledgeable about the existence and advantages of artificial cervical discs. As awareness grows, more people are recognizing the potential benefits of these medical devices in treating cervical spine issues. This increased understanding and recognition have played a significant role in driving the expansion of the market for artificial cervical discs. As more individuals and healthcare professionals embrace this innovative solution, the demand for and utilization of artificial cervical discs have increased, leading to a broader market presence and potential for growth.

 

RESTRAINTS

  • High price of the item

  • inconsistent reimbursement procedures

The lack of uniformity or consistency in the policies and criteria that determine how healthcare providers are reimbursed for medical services or treatments. This inconsistency can arise from differences in guidelines, coverage decisions, and payment rates across various healthcare systems, insurance companies, or government programs. Medical providers may encounter challenges in receiving fair compensation for the services they render, and patients might face disparities in access to certain treatments or interventions based on the reimbursement policies in place. This issue underscores the importance of establishing transparent and standardized reimbursement procedures to ensure equitable and efficient healthcare delivery.

OPPORTUNITIES

  • Increased number of artificial disc clinical studies

  • More clinical tests using artificial discs are being conducted.

Growing focus on conducting research and studies involving artificial discs, particularly within the medical and scientific communities. These tests aim to evaluate the effectiveness, safety, and potential benefits of artificial discs in various medical applications, such as spinal surgeries. The increase in clinical tests reflects a commitment to further understanding the performance and outcomes associated with artificial discs, which can ultimately lead to advancements in medical treatments and improved patient care.

CHALLENGES

  • A major obstacle for market players is the risk associated with surgical and medical procedures.

  • Artificial Cervical Disc Market Overview

Offering a dynamic solution for individuals with cervical spine concerns. The market is driven by a rising demand for motion-preserving alternatives, aided by technological advancements and a growing aging population. While challenges like regulatory processes and cost considerations exist, my potential to enhance patient well-being and maintain spinal mobility positions me as a promising choice in the evolving landscape of spinal healthcare.

IMPACT OF COVID-19

People all across the world have been impacted by the pandemic, which has forced the closure of operational facilities everywhere. During the lockdown period, the healthcare sector experienced situations that were unprecedented. The closure of the manufacturing facilities had an impact on the creation of medical supplies and other equipment. Additionally, the supply chain for medical supplies was impacted, which increased the inventory of manufactured goods in warehouses. Additionally, the closing of the operating facility put a strain on the doctors and surgeons who ran their own clinics.

Consequences of the COVID-19 pandemic include the potential delay of disc replacement surgeries due to a number of factors, including the reallocation of hospital resources, such as nursing staff and ICU beds, to care for patients with the coronavirus and the cancellation of elective surgery to reduce the risk of disease spread.

IMPACT OF RUSSIAN UKRAINE WAR

The Russia-Ukraine conflict may interrupt supply chains, resulting in component shortages for Artificial Cervical Discs, Patient demand for Artificial Cervical Disc operations may be reduced as a result of economic uncertainties. New product introductions may be hampered by regulatory delays. Because healthcare organisations depend on common raw materials, medical supply prices may grow. Russia generates 17% of the world's natural gas and 12% of its oil. Production disruptions are expected, which might have a direct impact on the global supply chain and plastics pricing. Because of geopolitical uncertainty, investment in research and development may decline. Investor confidence and healthcare spending on Artificial Cervical Discs procedures could be impacted by global market volatility.. The burden on healthcare infrastructure may limit the capacity for elective Artificial Cervical Discs procedures. During a crisis, public awareness and education regarding ACDs may decline. Long-term changes in healthcare policies and financing priorities following the conflict may have an impact on the Artificial Cervical Discs market.

IMPACT OF ONGOING RECESSION

Recession can have a considerable impact on the Artificial Cervical Disc market. Economic downturns frequently result in decreased healthcare spending and consumer uncertainty, which may result in a decline in elective medical operations like as recession can have a considerable impact on the Artificial Cervical Disc market. Economic downturns frequently result in decreased healthcare spending and consumer uncertainty, which may result in a decline in elective medical operations like as surgery. Due to financial worries, patients may postpone non-urgent procedures, reducing demand for ACDs, Revenue is expected to fall by 41% in 2022.

Hospitals and healthcare facilities may suffer resource constraints, restricting their ability to undertake Artificial Cervical Disc procedures. Due to funding constraints, research and development efforts in ACD technology may be reduced. The revival of the market following the recession would be dependent on the restoration of consumer confidence, healthcare spending, and investments in medical innovation. surgery. Due to financial worries, patients may postpone non-urgent procedures, reducing demand for ACDs. The revival of the market following the recession would be dependent on the restoration of consumer confidence, healthcare spending, and investments in medical innovation.

By Product Type

Cervical disc: The segment of artificial cervical discs that makes up the cervical disc currently accounts for a sizeable portion of the market for artificial cervical discs, and it is anticipated that this trend will continue over the course of the forecast period due to the increasing prevalence of degenerative disc disease and the rising demand for minimally invasive procedures.

Lumbar disc: The demand for lumbar total disc replacement (LTDR) procedures will increase due to the rapidly expanding geriatric patient pool suffering from orthopaedic diseases and low back pain among the geriatric population and the rising prevalence of low back pain, which will boost the lumbar disc segment growth.

By Material

Metal-on-metal construction: During the projected period, a sizable amount of revenue is estimated to be generated by the artificial cervical disc market sector. A growing number of medical professionals, including doctors, surgeons, and clinicians, have shown a preference for metal implants. Tantalum, tantalum, zirconium alloys, cobalt-nickel-chromium-molybdenum, and chromium-cobalt-molybdenum are a few of the often-used metal implants in artificial cervical disc procedures. Because they have better corrosion resistance than metal-on-biopolymers and are significantly less expensive, metal-on-metal materials are favored.

Due to their benefits, such as higher biocompatibility, large degrees of rotation, and flexible movement of the spine and insertion, industry participants are concentrating on creating metal-on-biopolymer artificial discs. The market for artificial cervical discs will rise more quickly in the next years due to the increasing use of these cutting-edge artificial discs for the treatment of degenerative disc disorders.

By End User

Hospitals: The development of hospital infrastructure around the world is a major market driver for prosthetic cervical discs. Because of the superior care and knowledgeable medical staff, hospitals draw a large number of patients.

Ambulatory Surgical Clinics: As a result of the need for treatment right away, ambulatory surgical centers are in greater demand. The patient receives immediate care at these facilities, and they are then released the next day. Due to the fact that they do not require overnight or extended stays, such operations are efficient and cost-effective.

KEY MARKET SEGMENTS:

By Product Type

  • Cervical Disc

  • Lumbar Disc

By Material

  • Metal-on-metal

  • Metal-on-biopolymer

By End User

  • Hospitals

  • Ambulatory Surgical Centers

  • Others

Artificial Cervical Disc Market Segmentation Analysis

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REGIONAL ANALYSIS

A growing senior population, a higher success rate for artificial disc replacement surgery, and increasing patient awareness of available treatment alternatives are all factors that will contribute to North America holding the highest share of the worldwide artificial disc market.

Due to its quickly expanding medical infrastructure, rising healthcare spending, sizable population, and rising medical tourism in developing countries like Japan, China, and India, the Asia-Pacific region is anticipated to have the quickest development throughout the projection period.

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS:

Some of the major key players are as follows: Alphatec Spine, Braun Melsungen AG, AxioMed, Centinel Spine, LLC, Aditus Medical, Globus Medical Inc, Johnson & Johnson, Orthofix Company, Medtronic PLC, Nuvasive Inc., Simplify Medical, Zimmer Biomet Holdings Inc. and Other Players

Recent Development-

  • In October 2022- Centinel Spine, a prominent global medical device company, announced the ongoing expansion of its pro disc Cervical Total Disc Replacement portfolio.

  • In June 2023- GE HealthCare partnered with Johnson & Johnson's DePuy Synthes to expand the reach of GE's OEC 3D Imaging System and DePuy's orthopedic products to US spine surgeons

Artificial Cervical Disc Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 2.95 Billion
Market Size by 2030 US$ 11.47 Billion
CAGR CAGR of 18.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product Type (Cervical Disc, Lumbar Disc)
• By Material (Metal-on-metal, Metal-on-biopolymer)
• By End User (Hospitals, Ambulatory Surgical Centers, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Alphatec Spine, Braun Melsungen AG, AxioMed, Centinel Spine, LLC, Aditus Medical, Globus Medical Inc, Johnson & Johnson, Orthofix Company, Medtronic PLC, Nuvasive Inc., Simplify Medical, Zimmer Biomet Holdings Inc.
Key Drivers • Increased incidence of degenerative spine diseases worldwide
RESTRAINTS • High price of the item
• Inconsistent Reimbursement Procedures

Frequently Asked Questions

Ans. The Artificial Cervical Disc market is expected to grow at a CAGR of 7.8% over the forecast period 2023-2030.

Ans: The Artificial Cervical Disc Market size is estimated to reach US$ 11.47 billion by 2030.

Ans. Artificial Cervical Disc Market is divided into four segments and they are By Product Type, By Material, and By End User 

 Ans. North America holding the highest share of the worldwide artificial disc market.

Ans.  Cervical Disc and Lumbar Disc are sub segments of by product type of the Artificial Cervical Disc Market.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Artificial Cervical Disc Market Segmentation, By Product Type
8.1 Cervical Disc
8.2 Lumbar Disc

9. Artificial Cervical Disc Market Segmentation, By Material
9.1 Metal-on-metal
9.2 Metal-on-biopolymer

10. Artificial Cervical Disc Market Segmentation, By End User
10.1 Hospitals
10.2 Ambulatory Surgical Centers
10.3 Others

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Artificial Cervical Disc Market by Country
11.2.2 North America Artificial Cervical Disc Market by Product Type
11.2.3 North America Artificial Cervical Disc Market by Material
11.2.4 North America Artificial Cervical Disc Market by End User
11.2.5 USA
11.2.5.1 USA Artificial Cervical Disc Market by Product Type
11.2.5.2 USA Artificial Cervical Disc Market by Material
11.2.5.3 USA Artificial Cervical Disc Market by End User
1.2.6 Canada
11.2.6.1 Canada Artificial Cervical Disc Market by Product Type
11.2.6.2 Canada Artificial Cervical Disc Market by Material
11.2.6.3 Canada Artificial Cervical Disc Market by End User
11.2.7 Mexico
11.2.7.1 Mexico Artificial Cervical Disc Market by Product Type
11.2.7.2 Mexico Artificial Cervical Disc Market by Material
11.2.7.3 Mexico Artificial Cervical Disc Market by End User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Artificial Cervical Disc Market by Country
11.3.1.2 Eastern Europe Artificial Cervical Disc Market by Product Type
11.3.1.3 Eastern Europe Artificial Cervical Disc Market by Material
11.3.1.4 Eastern Europe Artificial Cervical Disc Market by End User
11.3.1.5 Poland
11.3.1.5.1 Poland Artificial Cervical Disc Market  by Product Type
11.3.1.5.2 Poland Artificial Cervical Disc Market by Material
11.3.1.5.3 Poland Artificial Cervical Disc Market by End User
11.3.1.6 Romania
11.3.1.6.1 Romania Artificial Cervical Disc Market by Product Type
11.3.1.6.2 Romania Artificial Cervical Disc Market by Material
11.3.1.6.4 Romania Artificial Cervical Disc Market by End User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Artificial Cervical Disc Market by Product Type
11.3.1.7.2 Turkey Artificial Cervical Disc Market by Material
11.3.1.7.3 Turkey Artificial Cervical Disc Market by End User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Artificial Cervical Disc Market by Product Type
11.3.1.8.2 Rest of Eastern Europe Artificial Cervical Disc Market by Material
11.3.1.8.3 Rest of Eastern Europe Artificial Cervical Disc Market by End User
11.3.2 Western Europe
11.3.2.1 Western Europe Artificial Cervical Disc Market by Product Type
11.3.2.2 Western Europe Artificial Cervical Disc Market by Material
11.3.2.3 Western Europe Artificial Cervical Disc Market by End User
11.3.2.4 Germany
11.3.2.4.1 Germany Artificial Cervical Disc Market by Product Type
11.3.2.4.2 Germany Artificial Cervical Disc Market by Material
11.3.2.4.3 Germany Artificial Cervical Disc Market by End User
11.3.2.5 France
11.3.2.5.1 France Artificial Cervical Disc Market by Product Type
11.3.2.5.2 France Artificial Cervical Disc Market by Material
11.3.2.5.3 France Artificial Cervical Disc Market by End User
11.3.2.6 UK
11.3.2.6.1 UK Artificial Cervical Disc Market by Product Type
11.3.2.6.2 UK Artificial Cervical Disc Market by Material
11.3.2.6.3 UK Artificial Cervical Disc Market by End User
11.3.2.7 Italy
11.3.2.7.1 Italy Artificial Cervical Disc Market by Product Type
11.3.2.7.2 Italy Artificial Cervical Disc Market by Material
11.3.2.7.3 Italy Artificial Cervical Disc Market by End User
11.3.2.8 Spain
11.3.2.8.1 Spain Artificial Cervical Disc Market by Product Type
11.3.2.8.2 Spain Artificial Cervical Disc Market by Material
11.3.2.8.3 Spain Artificial Cervical Disc Market by End User
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Artificial Cervical Disc Market by Product Type
11.3.2.9.2 Netherlands Artificial Cervical Disc Market by Material
11.3.2.9.3 Netherlands Artificial Cervical Disc Market by End User
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Artificial Cervical Disc Market by Product Type
11.3.2.10.2 Switzerland Artificial Cervical Disc Market by Material
11.3.2.10.3 Switzerland Artificial Cervical Disc Market by End User
11.3.2.11.1 Austria
11.3.2.11.2 Austria Artificial Cervical Disc Market by Product Type
11.3.2.11.3 Austria Artificial Cervical Disc Market by Material
11.3.2.11.4 Austria Artificial Cervical Disc Market by End User
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Artificial Cervical Disc Market by Product Type
11.3.2.12.2 Rest of Western Europe Artificial Cervical Disc Market by Material
11.3.2.12.3 Rest of Western Europe Artificial Cervical Disc Market by End User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Artificial Cervical Disc Market by Country
11.4.2 Asia-Pacific Artificial Cervical Disc Market by Product Type
11.4.3 Asia-Pacific Artificial Cervical Disc Market by Material
11.4.4 Asia-Pacific Artificial Cervical Disc Market by End User
11.4.5 China
11.4.5.1 China Artificial Cervical Disc Market by Product Type
11.4.5.2 China Artificial Cervical Disc Market by End User
11.4.5.3 China Artificial Cervical Disc Market by Material
11.4.6 India
11.4.6.1 India Artificial Cervical Disc Market by Product Type
11.4.6.2 India Artificial Cervical Disc Market by Material
11.4.6.3 India Artificial Cervical Disc Market by End User
11.4.7 Japan
11.4.7.1 Japan Artificial Cervical Disc Market by Product Type
11.4.7.2 Japan Artificial Cervical Disc Market by Material
11.4.7.3 Japan Artificial Cervical Disc Market by End User
11.4.8 South Korea
11.4.8.1 South Korea Artificial Cervical Disc Market by Product Type
11.4.8.2 South Korea Artificial Cervical Disc Market by Material
11.4.8.3 South Korea Artificial Cervical Disc Market by End User
11.4.9 Vietnam
11.4.9.1 Vietnam Artificial Cervical Disc Market by Product Type
11.4.9.2 Vietnam Artificial Cervical Disc Market by Material
11.4.9.3 Vietnam Artificial Cervical Disc Market by End User
11.4.10 Singapore
11.4.10.1 Singapore Artificial Cervical Disc Market by Product Type
11.4.10.2 Singapore Artificial Cervical Disc Market by Material
11.4.10.3 Singapore Artificial Cervical Disc Market by End User
11.4.11 Australia
11.4.11.1 Australia Artificial Cervical Disc Market by Product Type
11.4.11.2 Australia Artificial Cervical Disc Market by Material
11.4.11.3 Australia Artificial Cervical Disc Market by End User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Artificial Cervical Disc Market by Product Type
11.4.12.2 Rest of Asia-Pacific Artificial Cervical Disc Market by Material
11.4.12.3 Rest of Asia-Pacific Artificial Cervical Disc Market by End User
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Artificial Cervical Disc Market by Country
11.5.1.2 Middle East Artificial Cervical Disc Market by Product Type
11.5.1.3 Middle East Artificial Cervical Disc Market by Material
11.5.1.4 Middle East Artificial Cervical Disc Market by End User
11.5.1.5 UAE
11.5.1.5.1 UAE Artificial Cervical Disc Market by Product Type
11.5.1.5.2 UAE Artificial Cervical Disc Market by Material
11.5.1.5.3 UAE Artificial Cervical Disc Market by End User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Artificial Cervical Disc Market by Product Type
11.5.1.6.2 Egypt Artificial Cervical Disc Market by Material
11.5.1.6.3 Egypt Artificial Cervical Disc Market by End User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Artificial Cervical Disc Market by Product Type
11.5.1.7.2 Saudi Arabia Artificial Cervical Disc Market by Material
11.5.1.7.3 Saudi Arabia Artificial Cervical Disc Market by End User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Artificial Cervical Disc Market by Product Type
11.5.1.8.2 Qatar Artificial Cervical Disc Market by Material
11.5.1.8.3 Qatar Artificial Cervical Disc Market by End User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Artificial Cervical Disc Market by Product Type
11.5.1.9.2 Rest of Middle East Artificial Cervical Disc Market by Material
11.5.1.9.3 Rest of Middle East Artificial Cervical Disc Market by End User
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Artificial Cervical Disc Market by Product Type
11.5.2.3 Africa Artificial Cervical Disc Market by Material
11.5.2.4 Africa Artificial Cervical Disc Market by End User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Artificial Cervical Disc Market by Product Type
11.5.2.5.2 Nigeria Artificial Cervical Disc Market by Material
11.5.2.5.3 Nigeria Artificial Cervical Disc Market by End User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Artificial Cervical Disc Market by Product Type
11.5.2.6.2 South Africa Artificial Cervical Disc Market by Material
11.5.2.6.3 South Africa Artificial Cervical Disc Market by End User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Artificial Cervical Disc Market by Product Type
11.5.2.7.2 Rest of Africa Artificial Cervical Disc Market by Material
11.5.2.7.3 Rest of Africa Artificial Cervical Disc Market by End User
11.6 Latin America
11.6.1 Latin America Artificial Cervical Disc Market by Country
11.6.2 Latin America Artificial Cervical Disc Market by Product Type
11.6.3 Latin America Artificial Cervical Disc Market by Material
11.6.4 Latin America Artificial Cervical Disc Market by End User
11.6.5 Brazil
11.6.5.1 Brazil Artificial Cervical Disc Market by Product Type
11.6.5.2 Brazil Artificial Cervical Disc Market by Material
11.6.5.3 Brazil Artificial Cervical Disc Market by End User
11.6.6 Argentina
11.6.6.1 Argentina Artificial Cervical Disc Market by Product Type
11.6.6.2 Argentina Artificial Cervical Disc Market by Material
11.6.6.3 Argentina Artificial Cervical Disc Market by End User
11.6.7 Colombia
11.6.7.1 Colombia Artificial Cervical Disc Market by Product Type
11.6.7.2 Colombia Artificial Cervical Disc Market by Material
11.6.7.3 Colombia Artificial Cervical Disc Market by End User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Artificial Cervical Disc Market by Product Type
11.6.8.2 Rest of Latin America Artificial Cervical Disc Market by Material
11.6.8.3 Rest of Latin America Artificial Cervical Disc Market by End User

12 Company profile
12.1 Alphatec Spine
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Braun Melsungen AG
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Centinel Spine
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Aditus Medical,
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Globus Medical Inc
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Johnson & Johnson
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Orthofix Company
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Medtronic PLC
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Nuvasive Inc
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Simplify Medical
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Zimmer Biomet Holdings Inc
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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