Degenerative disc disease is an age-related condition that happens when one or more of the discs between the vertebrae of the spinal column deteriorates or breaks down that leads to pain. The rubbery discs between the vertebrae normally allow for flexing and bending of the back, like shock absorbers. In time, they become worn, and they no longer offer as much protection as before. Degenerative disc diseases are very frequent and debilitating disorders, and research and development activities surrounding this disease are highly cost intensive. Hence, many fund raising companies and manufacturers are engaged in raising funds for their research regarding the treatment of degenerative disc diseases. Depending upon the level of pain, degenerative disc disease can be treated with two common processes which are non-surgical and spinal fusion. Non-surgical treatments include medications, physical therapy and chiropractic care. Whereas, spinal fusion is a procedure used to surgically treat degenerative disc disease. Disc degeneration have no symptoms but the pain is so intense that the individual cannot continue with their daily activities. The condition starts with damage to the spine, but in time, symptoms can affect other parts of the body. Symptoms usually get worse with age.

 Market Dynamics

Increasing number of inorganic strategies such as product launch by the key market players is expected to drive the global degenerative disc disease treatment market over the forecast period. For instance, in December 2021, Spine Wave, Inc., a medical device company, announced that they had launched Defender, anterior cervical plate and the stronghold C 3D titanium interbody device that provides fixation for anterior cervical fusion procedures. The Defender, Anterior Cervical Plate is a titanium anterior cervical fixation system for anterior cervical fusion.

Key features of the study:

• This report provides an in-depth analysis of the global degenerative disc disease treatment market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global degenerative disc disease treatment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Medtronic, Globus Medical, Johnson & Johnson Services, Inc., Zimmer Biomet, B. Braun SE, RTI Surgical, Cousin Biotech, ulrich medical USA, Fresenius Kabi AG, Abbott, Spine Wave, Inc., RIVANNA MEDICAL, ZAVATION, Orthofix US LLC., Spinal Simplicity, Nexus Spine, NuVasive, Inc., Aurora Spine, Inc., 4WEB Medical.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global degenerative disc disease treatment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global degenerative disc disease treatment market

Detailed Segmentation:

• Global Degenerative Disc Disease Treatment Market, By Product Type:
  • Drugs
    • Acetaminophen
    • NSAIDs
    • Oral steroids
    • Muscle Relaxants
  • Devices
    • Cervical Spine
    • Lumbar Spine
    • Thoracic Spine
    • Spinal Fusion
• Global Degenerative Disc Disease Treatment Market, By End User:
  • Hospitals
  • Ambulatory Surgical Centers
  • Orthopedic Center
• Global Degenerative Disc Disease Treatment Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Medtronic*
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Globus Medical
  • Johnson & Johnson Services, Inc.
  • Zimmer Biomet
  • B.Braun SE
  • RTI Surgical
  • Cousin Biotech
  • ulrich medical USA
  • Fresenius Kabi AG
  • Abbott
  • Spine Wave, Inc.
  • RIVANNA MEDICAL
  • ZAVATION
  • Orthofix US LLC.
  • Spinal Simplicity
  • Nexus Spine
  • NuVasive, Inc.
  • Aurora Spine, Inc.
  • 4WEB Medical

 “*” marked represents similar segmentation in other categories in the respective section.