ARTIFICIAL DISCS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Artificial Discs Market Size and Trends

The artificial discs market size is valued at US$ 740 million in 2023 and is projected to reach US$ 1,130 million by 2030, growing at a CAGR of 6.2% from 2023 to 2030. Artificial discs, also known as intervertebral disc prostheses, are implants used to replace degenerated intervertebral discs in the spine. Artificial discs provide an alternative to spinal fusion surgery for patients with chronic lower back pain caused due to degenerative disc disease. The key drivers of the artificial discs market include the rising prevalence of degenerative disc diseases, growing geriatric population, increasing number of spine surgeries, and technological advancements.

Artificial Discs Market Trends:

• Development of new biomaterials: Extensive research on spinal implant biomaterials has led to the emergence of innovative materials like polyether ether ketone (PEEK), porous metals, and advanced elastomeric compounds. These biomaterials offer biocompatibility, durability, bone-like elasticity, and longevity. Companies are increasingly using these new biomaterials to enhance artificial disc designs, safety, and efficiency. The launch of modern multi-core discs made of PEEK is an emerging trend.
• 3D-printed personalized discs: 3D-printing technology is being leveraged to create personalized prosthetic discs based on the patient’s spinal anatomy. Custom-fit discs help overcome issues with implant size and placement. Patient-specific 3D-printed discs have greater chances of implant integration and stability. Ongoing research focused on optimizing 3D-printing for artificial disc manufacturing signals future growth avenues.