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    Slip Disc Market

    ID: MRFR/MED/2785-CR
    108 Pages
    Rahul Gotadki
    August 2017

    Slip Disc Market information, by types (thoracic herniated discs, lumbar herniated disc, and others), by diagnosis (physical examination, nerve conduction test, and others), by treatment (medications, therapy, and others) - global forecast till 2032

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    Slip Disc Market Research Report- Global Forecast till 2032 Infographic
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    Table of Contents

    Slip Disc Market Summary

    The global slip disc market is projected to grow from 9.2 USD billion in 2024 to 21.6 USD billion by 2035, reflecting a robust growth trajectory.

    Key Market Trends & Highlights

    Slip Disc Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 8.05 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 21.6 USD billion, indicating substantial growth opportunities.
    • In 2024, the market is valued at 9.2 USD billion, highlighting its current economic significance.
    • Growing adoption of advanced treatment options due to increasing prevalence of slip disc conditions is a major market driver.

    Market Size & Forecast

    2024 Market Size 9.2 (USD Billion)
    2035 Market Size 21.6 (USD Billion)
    CAGR (2025-2035) 8.05%

    Major Players

    TEVA Pharmaceutical LTD (Israel), Captiva Spine, Inc. (US), NuVasive, Inc. (US), DePuy Synthes Companies (US), Pfizer Inc. (US), GlaxoSmithKline plc (UK), Globus Medical, Inc. (US)

    Slip Disc Market Trends

      • Drivers

    The degenerative disc disease treatment market analysis picturized that the market is undergoing a major level of introduction, as well as, rapid adoption related to the technologically advanced medical devices. This is a considerable growth driver for the market. There is an increased quantum of investment being put forward by the manufacturers of medicines, drugs, and medical devices. Also, the research is extended to clinical trials, along with product launches to provide ease and better health with regards to slipped disc.

      • Restraints

    The slip disc treatment for the patients is a slow recovery mode but the end-result is reliable. However, if any individual wants to get the slip disc issues treated, the treatment cost is quite high. Also, there is a lack in the availability of medical professionals skilled in providing such treatments. These are the major restraints hampering the growth of the degenerative disc disease treatment market by the end of the future forecast year.

      • Technology Analysis

    The slip disc market growth is witnessing a wide adoption of the medical equipment in the geriatric population chunk, increased support from the government sector, along increased expenditure for the development of the slip disc market. Also, the market is making use of the available technology for the development of new strategies. The expected result of this is the quick and wide adoption of therapies related to the treatment provided to people having slipped disc issues.

    Key Findings

      • Imaging tests are the sub-segment in the type segment of the slip disc market. This sib-segment is expected to grow at a 5.7% CAGR, by the end of the forecast period.
      • During the historic forecast period that ended in 2016, the medications segment had a good gross growth that amounted to a 46.2% market share.
      • Based on regions, China belonging to the APAC region is expected to have the largest market share by the end of the future forecast worth USD 587 million.

    The increasing prevalence of musculoskeletal disorders, coupled with a growing aging population, appears to drive a heightened demand for innovative treatment options in the global slip disc market.

    U.S. Department of Health and Human Services

    Slip Disc Market Drivers

    Market Growth Projections

    The Global Slip Disc Market Industry is poised for substantial growth, with projections indicating a market value of 21.6 USD Billion by 2035. This growth trajectory is supported by a compound annual growth rate (CAGR) of 8.05% from 2025 to 2035. Such figures suggest a robust demand for treatment options and advancements in medical technology. The market's expansion may be influenced by various factors, including increasing awareness of spinal health, rising healthcare expenditures, and the growing geriatric population. These dynamics collectively indicate a promising future for the slip disc market.

    Growing Geriatric Population

    The demographic shift towards an aging population is a significant driver of the Global Slip Disc Market Industry. As the global population ages, the prevalence of degenerative spinal conditions, including slip discs, is expected to rise. This demographic trend necessitates increased healthcare services tailored to the needs of older adults. With the market projected to reach 9.2 USD Billion in 2024, the demand for effective treatment options is likely to grow. Additionally, the geriatric population often requires specialized care, which may lead to the development of innovative therapies and interventions aimed at improving quality of life.

    Rising Awareness and Education

    There is a growing awareness regarding spinal health and the implications of slip discs, which is positively influencing the Global Slip Disc Market Industry. Educational campaigns and initiatives by healthcare organizations are informing the public about prevention and treatment options. This increased awareness is likely to lead to earlier diagnosis and intervention, which can improve patient outcomes. As more individuals seek medical advice for back pain, the demand for specialized treatments is expected to rise. This trend suggests a potential increase in market value, aligning with the projected CAGR of 8.05% from 2025 to 2035.

    Increasing Healthcare Expenditure

    The Global Slip Disc Market Industry is benefitting from rising healthcare expenditures across various regions. Governments and private sectors are investing more in healthcare infrastructure, which includes spinal health services. This trend is particularly evident in developing countries, where improved access to healthcare facilities is leading to better diagnosis and treatment of slip disc conditions. As healthcare spending continues to rise, it is anticipated that the market will expand, with a projected value of 21.6 USD Billion by 2035. This increase in investment is likely to enhance the availability of advanced treatment options, further driving market growth.

    Advancements in Medical Technology

    Technological innovations play a crucial role in shaping the Global Slip Disc Market Industry. The introduction of minimally invasive surgical techniques and advanced imaging technologies has revolutionized treatment approaches. These advancements not only enhance patient outcomes but also reduce recovery times, making procedures more appealing to patients. As a result, the market is expected to grow significantly, with a projected value of 21.6 USD Billion by 2035. The integration of robotics and artificial intelligence in surgical procedures further indicates a shift towards more precise and efficient interventions, thereby driving market expansion.

    Increasing Prevalence of Back Disorders

    The Global Slip Disc Market Industry is experiencing growth due to the rising incidence of back disorders, particularly among the aging population. As individuals age, the likelihood of developing conditions such as herniated discs increases, leading to a higher demand for treatment options. In 2024, the market is projected to reach 9.2 USD Billion, reflecting the urgent need for effective interventions. This trend is further exacerbated by sedentary lifestyles and increased screen time, which contribute to spinal issues. Consequently, healthcare providers are focusing on innovative solutions to address these challenges, indicating a robust market potential.

    Market Segment Insights

    Slip Disc Treatment Insights

    The market offers treatments to patients in the form of surgeries, therapies, as well as, proper medication, based on the condition of the problem.

    Slip Disc Diagnosis Insights

    The diagnosis of the slip disc problem among the patients is done based on imaging tests, conduction of nerve-related tests, as well as, physical examination.

    Slip Disc Type Insights

    The market segment of type includes cervical herniated discs, thoracic herniated, as well as, lumbar herniated disc tests of the patients suffering from slip disc issues.

    Get more detailed insights about Slip Disc Market Research Report- Global Forecast till 2032

    Regional Insights

    Key Companies in the Slip Disc Market market include

    Industry Developments

      • The European market companies are increasing their expenditure to improvise healthcare facilities by collaborating with the research and development of new productions. Also, there is an emergence of new therapies positively affecting the market growth.
      • Researches are being conducted in collaboration with Cornell University (USA) where new treatment techniques are being developed for herniated disc issues treatment that helps in repairing issues like a flat tyre.
      • Also, the researchers predict that in response to the disc injuries, the default responses should be stopped that will help in better treatment of the slip disc issues. This is being widely adopted by skilled medical professionals.
      • The Bonati Spine Institute that is known as a leader for patented Bonati spine treatment procedures, recently, rolled out a study that surgical interventions are one of the best ways to treat particular back injuries.

    Intended Audience

      • Slip disc manufacturers, providers, and suppliers
      • Laboratories conducting medical research
      • Companies conducting research and development procedures
      • Potential investors of the slip disc market
      • Providers of market research and consultation services

    Future Outlook

    Slip Disc Market Future Outlook

    The Global Slip Disc Market is projected to grow at an 8.05% CAGR from 2024 to 2035, driven by advancements in minimally invasive surgical techniques and increasing awareness of spinal health.

    New opportunities lie in:

    • Develop innovative non-surgical treatment options to capture a growing patient demographic.
    • Invest in telemedicine platforms for remote consultations and follow-ups in spinal care.
    • Expand product lines to include personalized rehabilitation solutions for post-surgery recovery.

    By 2035, the market is expected to exhibit robust growth, reflecting advancements in treatment and increased patient engagement.

    Market Segmentation

    Report Scope

    Attribute/Metric Details
    Market Size 2023 8.5 (USD Billion)
    Market Size 2024 9.2 (USD Billion)
    Market Size 2032 17.5 (USD Billion)
    Compound Annual Growth Rate (CAGR) 7.2 % (2024 - 2032)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2023
    Market Forecast Period 2024 - 2032
    Historical Data 2019 - 2023
    Geographies Covered North America, Latin America, Europe, Asia Pacific, Middle East & Africa
    Key Vendors TEVA Pharmaceutical LTD (Israel), Captiva Spine, Inc. (US), NuVasive, Inc. (US), DePuy Synthes Companies (US), Pfizer Inc. (US), GlaxoSmithKline plc (UK), Globus Medical, Inc. (US)

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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    FAQs

    1. Report Prologue
    2. Introduction
      1. Introduction
    3. Research Objective
      1. Assumptions & Limitations
    4. Assumptions
      1. Limitations
    5. Research Methodology
      1. Introduction
      2. Primary Research
      3. Secondary Research
      4. Market
    6. Size Estimation
    7. Market Dynamics
      1. Drivers
        1. Growing
    8. Cases of Spinal Injuries
      1. Growing awareness of spinal non-fusion
    9. procedures
      1. Growing Adoption of Sedentary Lifestyle
    10. Growing Prevalence of Obese Population Affecting Spinal Injuries
    11. Restrains
      1. Treatment Cost
        1. Ethical and Social Concerns
        2. Complications Involved
      2. Opportunities
    12. Development of New Alternative Treatment Method
      1. Botulinum-A Toxin
    13. Injections for Treatment Spinal Cord Injuries
    14. Market Factor Analysis
      1. Porters Five Forces Analysis
        1. Introduction
    15. Bargaining Power of Suppliers
      1. Bargaining Power of Buyers
        1. Threat of New Entrants
        2. Threat of Substitutes
    16. Intensity of Rivalry
      1. Value Chain Analysis
        1. Introduction
        2. Primary Activities
        3. Secondary Activities
    17. Global
    18. Slip disc market by Types
      1. Introduction
      2. Thoracic Herniated
    19. Discs
      1. Lumbar Herniated Disc
      2. Cervical Herniated Discs
    20. Slip Disc Market, By Diagnosis
      1. Introduction
      2. Physical
    21. Examination
      1. Nerve Conduction Test
      2. Imaging Tests
    22. Slip Disc Market, By Treatment
      1. Introduction
      2. Medications
      3. Therapy
      4. Surgery
    23. Global Slip Disc Market, By Regions
      1. Introduction
      2. Americas
    24. Slip
    25. Disc Market, By Diagnosis
    26. Slip Disc Market,
    27. By Treatment
      1. Americas
    28. Slip
    29. Disc Market, By Diagnosis
    30. Slip Disc Market,
    31. By Treatment
      1. US
    32. Slip
    33. Disc Market, By Diagnosis
    34. Slip Disc Market,
    35. By Treatment
      1. Canada
    36. Slip
    37. Disc Market, By Diagnosis
    38. Slip Disc Market,
    39. By Treatment
      1. Latin America
    40. Slip Disc Market, By Diagnosis
    41. Slip Disc
    42. Market, By Treatment
      1. Europe
    43. Slip Disc Market, By Diagnosis
    44. Slip Disc
    45. Market, By Treatment
      1. Germany
    46. Slip Disc Market, By Diagnosis
    47. Slip Disc
    48. Market, By Treatment
      1. France
    49. Slip Disc Market, By Diagnosis
    50. Slip Disc
    51. Market, By Treatment
      1. UK
    52. Slip Disc Market, By Diagnosis
    53. Slip Disc
    54. Market, By Treatment
      1. Italy
    55. Slip Disc Market, By Diagnosis
    56. Slip Disc
    57. Market, By Treatment
      1. Spain
    58. Slip Disc Market, By Diagnosis
    59. Slip Disc
    60. Market, By Treatment
      1. Rest of Europe
    61. Slip Disc Market, By Diagnosis
    62. Slip Disc
    63. Market, By Treatment
      1. Asia Pacific
    64. Slip Disc Market, By Diagnosis
    65. Slip Disc
    66. Market, By Treatment
      1. Japan
    67. Slip Disc Market, By Diagnosis
    68. Slip Disc
    69. Market, By Treatment
      1. China
    70. Slip Disc Market, By Diagnosis
    71. Slip Disc
    72. Market, By Treatment
      1. India
    73. Slip Disc Market, By Diagnosis
    74. Slip Disc
    75. Market, By Treatment
      1. Republic of Korea
    76. Slip Disc Market, By Diagnosis
    77. Slip Disc
    78. Market, By Treatment
      1. Australia
    79. Slip Disc Market, By Diagnosis
    80. Slip Disc
    81. Market, By Treatment
      1. Rest of Asia Pacific
    82. Slip Disc Market, By Diagnosis
    83. Slip Disc
    84. Market, By Treatment
      1. Middle East & Africa
    85. Slip Disc Market, By Diagnosis
    86. Slip Disc
    87. Market, By Treatment
      1. Middle East
    88. Slip Disc Market, By Diagnosis
    89. Slip Disc
    90. Market, By Treatment
      1. Africa
    91. Slip Disc Market, By Diagnosis
    92. Slip Disc
    93. Market, By Treatment
    94. Competitive landscape
    95. Slip Disc Market, By Diagnosis
    96. Slip Disc
    97. Market, By Treatment
      1. Introduction
    98. Competitive landscape
      1. Introduction
    99. Company Profiles
      1. Pfizer Inc.
    100. Company Overview
      1. Product/Business Segment Overview
    101. Financial Updates
      1. Key Developments
      2. TEVA Pharmaceutical
    102. LTD.
      1. Overview
        1. Product/Business Segment Overview
        2. Financials
        3. Key Developments
      2. GlaxoSmithKline
    103. plc.
      1. Company Overview
        1. Product overview
        2. Financial Overview
        3. Key Development
    104. SWOT Analysis
      1. DePuy Synthes Companies (Part of Johnson & Johnson
    105. Services, Inc.)
      1. Company Overview
        1. Product Overview
        2. Key Developments
        3. Financials
        4. SWOT
    106. Analysis
      1. NuVasive, Inc.
        1. Overview
    107. Product Overview
      1. Financials
        1. Key Developments
      2. Captiva Spine, Inc.
        1. Overview
        2. Product
    108. Overview
      1. Financials
        1. Key Development
      2. Globus Medical, Inc.
        1. Overview
        2. Product
    109. Overview
      1. Financials
        1. Key Developments

    Slip Disc Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Slip Disc Market Research Report- Global Forecast till 2032 Infographic
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