Overview and Scope
Cervical spondylosis treatment refers to therapy for a degenerative condition that affects the cervical spine (neck region) due to wear and tear of the spinal discs, joints, and bones. These treatments ease pain, keep individuals as active as possible, and avoid irreparable spinal cord and nerve damage.
Sizing and Forecast
The cervical spondylosis treatment market size has grown strongly in recent years. It will grow from $5.51 billion in 2023 to $5.9 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to aging population, increased prevalence of sedentary lifestyles, growth in awareness of cervical spondylosis, expansion of healthcare infrastructure, rise in musculoskeletal disorders.
The cervical spondylosis treatment market size is expected to see strong growth in the next few years. It will grow to $7.51 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growing healthcare investments, adoption of minimally invasive procedures, rise in patient awareness and education, increasing focus on preventive measures, integration of telemedicine in treatment approaches. Major trends in the forecast period include personalized treatment plans, rise of non-surgical interventions, development of home-based therapeutic solutions, integration of digital health platforms, emphasis on holistic and multidisciplinary approaches.
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Segmentation & Regional Insights
The cervical spondylosis treatment market covered in this report is segmented –
1) By Type of Treatment: Medications, Physical Therapy, Surgery
2) By Application: Youth, Elderly
3) By End User: Hospitals, Ambulatory Surgical Centers, Homecare Settings
North America was the dominant region in the cervical spondylosis treatment market in 2023. The regions covered in the cervical spondylosis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of cervical spondylosis is expected to propel the growth of the cervical spondylosis treatment market going forward. Cervical spondylosis is a degenerative condition affecting the joints and discs in the cervical spine (neck region). These treatments ease pain, keep individuals as active as possible, avoid irreparable damage to the spinal cord and nerves of people suffering from cervical spondylosis, and promote well-being. For instance, in 2022, according to the American Academy of Orthopedic Surgeons, in April 2021, over the age of 60, more than 85% of people were afflicted with cervical spondylosis. Therefore, the increasing prevalence of cervical spondylosis is driving the cervical spondylosis treatment market.
Key Industry Players
Major companies operating in the cervical spondylosis treatment market report are Johnson & Johnson, Merck & Co Inc., AbbVie Inc., GlaxoSmithKline PLC, Medtronic PLC, C.H. Boehringer Sohn AG & Co. KG, Amgen Inc., Stryker Corporation, B. Braun SE, Zimmer Biomet Holdings Inc., UCB Pharma S.A., Integra LifeSciences Holdings Corp (Integra), Integra LifeSciences, NuVasive Inc., Globus Medical Inc., Orthofix Medical Inc., Aesculap Implant Systems LLC, Titan Spine Inc., Exactech Inc., SeaSpine Inc., RTI Surgical, Xtant Medical Holdings Inc., Zavation Medical Products LLC, Wenzel Spine Inc., Life Spine Inc., Spineology Inc., VGI Medical LLC, Dynamic Spine Inc., Synthes Holding AG, ZygoFix Ltd.
The cervical spondylosis treatment market report table of contents includes:
1. Executive Summary
2. Cervical Spondylosis Treatment Market Characteristics
3. Cervical Spondylosis Treatment Market Trends And Strategies
4. Cervical Spondylosis Treatment Market – Macro Economic Scenario
5. Global Cervical Spondylosis Treatment Market Size and Growth
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31. Cervical Spondylosis Treatment Market Other Major And Innovative Companies
32. Global Cervical Spondylosis Treatment Market Competitive Benchmarking
33. Global Cervical Spondylosis Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Cervical Spondylosis Treatment Market
35. Cervical Spondylosis Treatment Market Future Outlook and Potential Analysis
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