Business News

Global Artificial disc market Global artificial disc market was valued around USD 1.7 billion in 2019 and is anticipated to grow at a significant growth rate from 2020 to 2025. Demand of artificial disc replacement is attributed to the factors such as increasing incidences of degenerative disc diseases. Furthermore, product and technological innovation such as multi-level disc replacement are also adding to the growth of disc replacement market. Rise in the disposable income backed by increase in the per capita healthcare expenditures have an overall positive impact on the market growth.

The global drug of abuse market is was estimated around USD 3.3 Billion in 2019 and is expected to grow over a considerable growth rate during the forecast period. Factors such as increasing demand for drug abuse treatment, stringent law mandating alcohol and drug testing and rising drug related mortality and increasing government initiative will drive the growth of drug of abuse testing market. Moreover, technological advancements, increased sensitivity, and reduced times required for testing, also paved the way for the growth in the drug of abuse testing market.