Regional Analysis
Artificial Discs Market Regional Insights:
- North America is expected to be the largest market for the artificial discs market during the forecast period, accounting for over 38.0% of the market share in 2023. The growth of the market in North America is attributed to the high prevalence of degenerative disc diseases, established healthcare infrastructure, presence of key players, and increasing spine surgeries.
- The artificial discs market in Europe is expected to be the second-largest market for artificial discs, accounting for over 28.0% of the market share in 2023. The growth of the market in Europe is attributed to the rising cases of back pain, presence of skilled healthcare professionals, and favorable reimbursement policies.
- The artificial discs market in Asia Pacific is expected to be the fastest-growing market for artificial discs, which is expected to grow at a CAGR of over 7.1% during the forecast period. The growth of the market in Asia Pacific is attributed to the expanding target patient population, improving healthcare expenditure, and growing medical tourism.
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Mexico, Argentina, and Rest of LATAM
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East: GCC, Israel, Rest of Middle East
- Africa: North Africa, Central Africa, and South Africa
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