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Degenerative Disc Disease Treatment Market Size

  • Report ID: GMI5787
  • Published Date: May 2023
  • Report Format: PDF

Degenerative Disc Disease Treatment Market Size

Degenerative Disc Disease Treatment Market size accounted for USD 24 billion in 2022 and is estimated to grow at 7.2% to reach USD 49.7 billion by 2032. Growing prevalence of degenerative bone diseases will positively influence the market growth.

 

For instance, in 2021, according to the Centers of Disease Control and Prevention (CDC), adults aged 65 years and above are more affected by degenerative bone disease. The CDC also estimated that nearly 78 million (26%) of U.S. adults aged 18 years or older are projected to have doctor-diagnosed arthritis by 2040. This indicates that there will huge number of patient pool suffering from degenerative bone disease. Such high prevalence of the disease will increase the product demand.

 

Degenerative disc disease (DDD) is a condition that affects the intervertebral discs in the spine, causing them to degenerate and lose their flexibility over time. Degenerative disc disease (DDD) treatment involves a stepwise approach to manage symptoms. Conservative measures like physical therapy, pain medications, and lifestyle modifications are commonly employed. In some cases, epidural steroid injections may be used to reduce inflammation. Also, surgical interventions like discectomy, spinal fusion, or artificial disc replacement may be considered for severe cases. The choice of treatment depends on symptom severity, disc degeneration, and individual health.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global Market for degenerative disc disease treatment was USD 24 billion in 2022 and will observe a 7.2% CAGR between 2023 to 2032.

Degenerative disc disease treatment devices market share was over 51% in 2022 and will witness robust growth by 2032 due to the use of specialized devices in different areas of the spine that offers various benefits for managing DDD effectively.

North America degenerative disc disease treatment market accounted for over 57% market share in 2022 due to the increasing prevalence of DDD, coupled with advancements in medical technology and a growing geriatric population.

Pfizer Inc, Medtronic plc, Novartis AG, and B. Braun Melsungen AG.

Degenerative Disc Disease Treatment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 455
  • Countries covered: 36
  • Pages: 250
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