According to the research report titled ‘Europe Artificial Disc Market Size By Material, Type, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, Europe artificial disc market is predicted to surpass a valuation of USD 1.5 billion by the year 2026.
 

Increased pervasiveness of degenerative disc disorders is a key factor driving the growth of Europe artificial disc market. Growing elderly population who are more prone to musculoskeletal and orthopedic disorders is also augmenting the industry remuneration.
 

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High patient preference for artificial disc replacement is stimulating the industry outlook. Additionally, growing demand for minimally invasive surgical techniques owing to benefits such as reduced muscle damage, quick recovery, and minimum blood loss is positively influencing Europe artificial disc market dynamics.
 

High concentration of advanced spine surgery facilities and increasing utilization of state-of-the-art technologies in order to ensure better patient outcomes are facilitating the business scenario in Europe. However, high costs associated with artificial disc replacement may act as a restraining factor to the overall market expansion in the upcoming years.
 

As per type, the report cites that lumbar artificial disc market segment accounted for USD 150 million in the year 2019 and is anticipated to witness consistent growth during the forecast duration. Rising prevalence of degenerative disc disorder in the lower back owing to age-related wear & tear has augmented the demand for lumbar artificial disc replacement procedures.
 

Moving on to material type, Europe artificial disc industry share from metal-on-metal segment is reckoned to record a y-o-y growth rate of 16% between 2020 and 2026. The growth is attributed to various benefits provided by metal-on-metal implants including minimized corrosion, low prices, and longevity. Exceptional corrosion resistance properties of metal implants which are made of zirconium, tantalum, and chromium-cobalt-molybdenum alloys are favoring the market outlook in Europe.
 

Considering the geographical landscape, Germany artificial disc market recorded significant growth in the year 2019 and is expected to surpass a valuation of USD 300 million by the year 2026. Rising adoption of sedentary lifestyle and susceptibility of degenerative joints among geriatric population have impelled the regional demand for artificial disc replacement procedures. Apart from this, high concentration of leading companies is boosting the growth of Germany market.
 

The leading companies operating in Europe artificial disc market are Stryker Corp., Zimmer Biomet, Synergy Disc Replacement Inc., Spineart Geneva SA, Simplify Medical Inc., Globus Medical Inc., Paradigm Spine LLC, Orthofix Medical Inc., NuVasive Inc., Medtronic plc, B. Braun Melsungen AG, DePuy Synthes Inc., and Alcor Scientific Inc. among others.