Research and Markets - Global Motion Preservation Market Growth at CAGR of 15.68%, 2016-2020: Challenges, Drivers & Trends - Key Vendors are Medtronic, DePuy Synthes & NuVasive
DUBLIN, October 18, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Motion Preservation Market 2016-2020" report to their offering.
The global motion preservation market to grow at a CAGR of 15.68% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global motion preservation market for 2016-2020. To calculate the market size, the report considers the revenue generated from the cervical artificial disc, lumbar artificial disc, and Interspine spacers. The report also includes a discussion of the key vendors operating in this market.
Development of novel artificial discs that require minimal invasive surgeries will be a key trend to fuel market growth. The market is expected to witness the launch of many novel pipeline products during the forecast period. Currently, there are five cervical artificial discs developed by companies such as Medtronic, LDR, and Globus Medical that are in Phase III clinical trials.
The positive results in Phase I and Phase II trials have assisted vendors to visualize strong growth potential of these products compared to cervical fusion techniques. For example, the Phase III pipeline products such as PRESTIGE LP devices, developed by Medtronic are under clinical trial for the treatment of two-level cervical disc herniation in patients.
According to the report, one of the key drivers for market growth will be growing preference of advanced nucleus arthroplasty motion preservation technology, which shows fastest recovery. Nucleus Arthroplasty is an advanced technology in motion preservation technology that has a novel treatment approach. In this technology, the degenerated nucleus of patients is replaced by surgical intervention.
The main purpose of nucleus arthroplasty surgery is to maintain geometry of the index intervertebral disc and prevent adjacent segment degeneration by preserving the motion. This technology shows better patient outcome (specially in young individuals) compared to fusion surgeries and better management of DDD.
Further, the report states that complications associated with motion preservation surgeries hinder product sales which will be a challenge for the market. The cervical spine surgeries may cause potential complications such as delayed bone reunion, or in some cases failure of bone fusion (un-union).
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Key vendors
- Medtronic
- DePuy Synthes
- NuVasive
Other prominent vendors
- AxioMed
- Globus Medical
- Joimax
- Orthofix
- Spinal Kinetics
- Vertebral Technologies
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by products
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/clrztg/global_motion
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SOURCE Research and Markets
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