Managing Cervical Spondylosis: Effective Treatment Strategies and Therapies 2024-2033
The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033
LONDON, GREATER LONDON , UK, June 17, 2024 /EINPresswire.com/ -- The cervical spondylosis treatment market size has shown robust growth in recent years, increasing from $5.51 billion in 2023 to $5.9 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. It will grow to $7.51 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. This growth is attributed to factors such as the aging population, prevalence of sedentary lifestyles, expanding healthcare infrastructure, and rising awareness of cervical spondylosis.
Rising Prevalence of Cervical Spondylosis Drives Market Growth
The increasing prevalence of cervical spondylosis, a degenerative condition affecting the cervical spine, is a key driver of market growth. It necessitates effective treatments to alleviate pain, maintain activity levels, and prevent irreversible spinal cord and nerve damage. According to the American Academy of Orthopedic Surgeons, over 85% of people above the age of 60 were affected by cervical spondylosis in 2022, underscoring the growing demand for treatment solutions.
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Cervical Spondylosis Treatment Market Key Players and Market Trends
Major companies such as Johnson & Johnson, Medtronic PLC, and Stryker Corporation are leading the cervical spondylosis treatment market with innovations in spinal support systems and minimally invasive procedures. For instance, Aspen Medical Products introduced the VRTX System in October 2023, designed to enhance spine stabilization from cervical to sacrum, thereby optimizing patient care and hospital operations.
Innovative trends include personalized treatment plans, non-surgical interventions, and the integration of digital health platforms, aiming to improve patient outcomes and treatment efficiency.
Cervical Spondylosis Treatment Market Segments:
• Type of Treatment: Medications, Physical Therapy, Surgery
• Application: Youth, Elderly
• End User: Hospitals, Ambulatory Surgical Centers, Homecare Settings
Geographical Insights: North America Leading the Market
North America dominated the cervical spondylosis treatment market in 2023 and is anticipated to maintain significant growth. The region benefits from advanced healthcare infrastructure and high adoption rates of innovative treatment options.
Access the complete report for an in-depth analysis of the global cervical spondylosis treatment market: https://www.thebusinessresearchcompany.com/report/cervical-spondylosis-treatment-global-market-report
Cervical Spondylosis Treatment Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Cervical Spondylosis Treatment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on cervical spondylosis treatment market size, cervical spondylosis treatment market drivers and trends, cervical spondylosis treatment market major players, competitors' revenues, market positioning, and market growth across geographies. The cervical spondylosis treatment market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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