Lumbar Disc Replacement Device Market Continues To Grow With Nuvasive Inc. Receiving The U.S. Food And Drug Administration (FDA) Approval For Its Two-Level Cervical Total Disc Replacement (cTDR)

Lumbar Disc Replacement Device Market

 As the population ages, the number of people affected by degenerative disc disease will grow in the next few years. The most common form of this disease is lumbar bulging, which takes place over the internal surfaces of discs. With this aging process, the spine loses its structural integrity. This means that the Lumbar Disc Replacement Device, or disc replacement units, offered by top manufacturers are necessary for relieving the pain experienced by patients who suffer from these conditions. Lumbar disc replacement or slipped disc is a condition that refers to a problem with a rubbery disc between the spinal bones. One of the major causes of this medical condition is spinal disorders such as osteoporosis, vertebral fractures, chronic spine and back pain, Kyphosis, and more, which would require immediate medical assistance. As per the International Osteoporosis Foundation (ISF), by 2050, over 50% of all osteoporotic hip fractures will occur in Asia. Such high incidence of spinal disorders can stimulate growth of the lumbar disc replacement device market.

Over the years, lumbar disc replacement devices have evolved and got better due to technological advancements. Key medical device companies are focused on research and development activities, in order to expand their product portfolio and gain a competitive edge in the market. Recently, in February 2017, the U.S. Food and Drug Administration approved CHARITE Artificial Disc from DePuy Spine Inc. for patients who had no relief from low back pain. Thus, such factors can augment growth of the lumbar disc replacement device market. Recently, in April 2021, NuVasive Inc. received the U.S. Food and Drug Administration (FDA) approval for its two-level cervical total disc replacement (cTDR).

As far as regional impact, North America seems to be gaining significant traction when it comes to the lumbar disc replacement device market. This is typically due to increasing cases of people with lower back pain and the presence of a robust healthcare system in the region. On the contrary, in Asia Pacific, healthcare infrastructure is improving, which can further accelerate the regional market growth.

One of the biggest reasons patients are hesitant about undergoing spine surgery is the length of time they have to recover. In fact, many physicians will recommend that their patients avoid spine surgery altogether, if possible until their condition has completely healed. However, with the right lumbar disc replacement device, recovery time for such procedures is greatly reduced. That being said, certain factors of these devices could limit the development of the market. First of all, lumbar disc replacement surgery is highly invasive in nature. Patients are increasingly preferring minimally invasive surgical procedures due to the advent of advanced devices, which could potentially impede growth of the lumbar disc replacement device market.

Location: India

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