info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Endoscopic Spinal Surgery Market Research Report By Procedure Type (Discectomy, Foraminotomy, Laminectomy, Fusion, Decompression), By Indication (Herniated disc, Spinal stenosis, Degenerative disc disease, Spondylolisthesis, Trauma), By Access Route (Transforaminal, Interlaminar, Extrafocal), By Technology (Rigid Endoscopes, Flexible Endoscopes) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032


ID: MRFR/HC/25532-HCR | 128 Pages | Author: Kinjoll Dey| November 2024

Endoscopic Spinal Surgery Market Overview


As per MRFR analysis, the Endoscopic Spinal Surgery Market Size was estimated at 5.27 (USD Billion) in 2022. The Endoscopic Spinal Surgery Market Industry is expected to grow from 5.66 (USD Billion) in 2023 to 10.79 (USD Billion) by 2032. The Endoscopic Spinal Surgery Market CAGR (growth rate) is expected to be around 7.43% during the forecast period (2024 - 2032).


Key Endoscopic Spinal Surgery Market Trends Highlighted


This form of spinal surgery involves tissue-sparing strategies that use a few small cuts to get to the spine. It has many benefits, such as less tissue trauma, faster healing time, and lower pain following surgery. The increasing occurrence of spinal diseases, along with being able to perform better surgeries is fuelling the expansion of the endoscopic spinal surgery market. As more and more techniques become more advanced during endoscopic spinal surgery, the reliability of the surgery improves. Novel robotic and AI systems are further transforming the field and making it possible to perform advanced surgical microsurgeries with better results. Further fuelling such positive growth is the rising need for outpatient surgeries, as such spine surgeries can be carried out on an outpatient basis in many instances. 


Global market research has highlighted developments such as intraoperative imaging that enhances the capacity of the surgeons to visualize the site being operated on in the global arena and new implant designs and technologies that are being sought for endoscopic spinal surgery. The increased development of customized medicines and patient-oriented strategies is also a major focus that is going to take the market's growth to a different level. The main factors promoting the market include the increasing older population, increasing incidence of spinal disease, and increasing tendency to perform minimally invasive surgeries.


There is an opening in the investigation of bleeding-edge technologies like fluorescence-guided surgery and coming up with new devices for intricate spine surgery.


Endoscopic Spinal Surgery Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Endoscopic Spinal Surgery Market Drivers


Increasing Incidence of Spinal Disorders


One of the main drivers of the Global Endoscopic Spinal Surgery Market Industry is the rising prevalence of spinal disorders, such as spinal stenosis, herniated discs, and degenerative disc disease. As per the World Health Organization, roughly 80% of the worldwide populace will have lower back pain in any event a few times in their life. The agonies related to these problems are extremely hurtful and lead to incapacity, distress, and diminished personal satisfaction.Endoscopy spinal surgery is negligibly obtrusive, fast, and diminishes difficulties, and in this way, the interest in medical procedures is expanding quickly as the number of spinal problems the ascent.


Technological Advancements


Technological advancement is also driving the Global Endoscopic Spinal Surgery Market Industry. The design of endoscopic spinal surgery instruments has been significantly advanced in the past years. As of now, the surgery is easier to perform, and even more complex ones are possible with better precision and safety. Utilization of high definition cameras and specialty surgical instruments is an area where there have been significant technological advancements.Surgeons are now capable of seeing and accessing the spine better than they did in the past. Additionally, the use of computer-assisted navigation and robotic surgery has made it possible for surgeons to perform more accurate procedures.


Rising Healthcare Expenditure


Healthcare expenditure increase is another factor spurring the development of the Global Endoscopic Spinal Surgery Market Industry. As healthcare expenditure increases, patients and healthcare providers are searching for more cost-effective treatment options. Endoscopic spinal surgery may be cheaper than open surgery as the latter is invasive and requires longer hospital stays. Furthermore, the number of people who can get endoscopic spinal surgery coverage grows as more and more insurance companies consider it.


Endoscopic Spinal Surgery Market Segment Insights


Endoscopic Spinal Surgery Market Procedure Type Insights


The Procedure Type segment of the Global Endoscopic Spinal Surgery Market is categorized into Discectomy, Foraminotomy, Laminectomy, Fusion, and Decompression. In 2023, the Discectomy procedure accounted for the largest revenue share in the Global Endoscopic Spinal Surgery Market, owing to its minimally invasive nature and effectiveness in treating herniated discs. The increasing prevalence of spinal disorders and the growing adoption of endoscopic techniques are major factors driving the growth of the Discectomy market. Foraminotomy is another significant procedure type, which involves the surgical removal of bone or tissue to enlarge the foramen, the opening through which nerves exit the spinal canal.The rising incidence of spinal stenosis and the effectiveness of foraminotomy in alleviating nerve compression are contributing to the growth of this segment. Laminectomy, a procedure that involves the removal of the lamina, the back part of the vertebra, is commonly used to treat spinal stenosis and other conditions that compress the spinal cord or nerves. 


The growing number of spinal cord injuries and the increasing adoption of minimally invasive techniques are fueling the growth of the Laminectomy market. Fusion, a procedure that involves joining two or more vertebrae together, is primarily used to treat spinal instability and deformity.The rising incidence of spinal degenerative disorders and the growing preference for minimally invasive fusion techniques are driving the growth of the Fusion market. Decompression, a procedure that involves removing pressure on the spinal cord or nerves, is commonly used to treat conditions such as spinal stenosis and herniated discs. The increasing prevalence of spinal disorders and the effectiveness of endoscopic decompression techniques are contributing to the growth of the Decompression market. Overall, the Procedure Type segment of the Global Endoscopic Spinal Surgery Market is expected to witness substantial growth in the coming years, driven by the increasing prevalence of spinal disorders, the growing adoption of minimally invasive techniques, and the rising demand for effective and less invasive treatment options.


Endoscopic Spinal Surgery Market Procedure Type Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Endoscopic Spinal Surgery Market Indication Insights


The Global Endoscopic Spinal Surgery Market segmentation by Indication includes Herniated disc, Spinal stenosis, Degenerative disc disease, Spondylolisthesis, and Trauma. Among these, Herniated disc is expected to hold the largest market share during the forecast period, owing to its high prevalence and increasing adoption of endoscopic techniques for its treatment. For instance, as per the American Association of Neurological Surgeons, in 2022, approximately 27% of all spine surgeries performed were for herniated discs. Additionally, the growing number of minimally invasive procedures and technological advancements in endoscopic spinal surgery are contributing to the growth of this segment.As per the Global Endoscopic Spinal Surgery Market report, the market for Endoscopic Spinal Surgery for Herniated Disc is expected to reach USD 2.96 billion by 2024, exhibiting a CAGR of 7.6% during the forecast period 2023-2032.


Endoscopic Spinal Surgery Market Access Route Insights


The Global Endoscopic Spinal Surgery Market is segmented based on access route into transforaminal, interlaminar, and extrafocal. Among these, the transforaminal approach held the largest share of the market in 2023, and it is expected to grow at a CAGR of 7.7% from 2023 to 2032. The interlaminar approach is expected to grow at a CAGR of 7.1% during the forecast period. The extrafocal approach is expected to grow at a CAGR of 6.5% during the forecast period. The transforaminal approach is preferred for surgeries in the lumbar spine, as it provides direct visualization of the affected area and allows for the precise removal of herniated discs.The interlaminar approach is commonly used for surgeries in the cervical spine, as it minimizes the risk of nerve damage. The extrafocal approach is used for surgeries in both the cervical and lumbar spine, and it is particularly useful for treating foraminal stenosis. Factors driving the growth of the endoscopic spinal surgery market include the increasing prevalence of spinal disorders, the rising demand for minimally invasive procedures, and the technological advancements in endoscopic spinal surgery devices.


Endoscopic Spinal Surgery Market Technology Insights


The Global Endoscopic Spinal Surgery Market segmentation by Technology into Rigid Endoscopes and Flexible Endoscopes offers valuable insights into the market dynamics. Rigid Endoscopes, with their larger diameter, enable wider visualization and better instrument maneuverability during spinal procedures. As a result, they held a dominant share of the market in 2023, accounting for around 62.5% of the total revenue. Flexible Endoscopes, on the other hand, are gaining traction due to their minimally invasive nature and ability to access difficult-to-reach areas of the spine.With advancements in technology, the market for Flexible Endoscopes is projected to witness significant growth, reaching an estimated valuation of 4.23 Billion USD by 2032, exhibiting a CAGR of 8.1% during the forecast period.


Endoscopic Spinal Surgery Market Regional Insights


Regionally, North America is expected to account for the largest share of the market in 2023, followed by Europe, APAC, South America, and MEA. The high prevalence of spinal disorders and increasing demand for minimally invasive surgical procedures are key factors driving the market growth in North America. Europe is also expected to witness significant market growth due to rising healthcare expenditure and increasing adoption of advanced technologies. APAC is expected to be the fastest growing region, owing to the growing population, increasing healthcare awareness, and expanding medical infrastructure.South America and MEA are expected to experience moderate market growth due to limited access to healthcare facilities and lower economic development.


Endoscopic Spinal Surgery Market Regional Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Endoscopic Spinal Surgery Market Key Players And Competitive Insights


Major players in the Endoscopic Spinal Surgery Market industry are constantly striving to gain a competitive edge by developing innovative products and technologies. Leading Endoscopic Spinal Surgery Market players are focusing on research and development to introduce advanced endoscopic spinal surgery systems with enhanced capabilities. These advancements aim to improve surgical precision, reduce procedural time, and minimize patient trauma. The Endoscopic Spinal Surgery Market development is driven by the increasing adoption of minimally invasive surgical techniques and the growing prevalence of spinal disorders.A leading company in the Endoscopic Spinal Surgery Market is Medtronic, which offers a comprehensive portfolio of endoscopic spinal surgery systems. Medtronic's products include the Viper System, a versatile endoscopic platform designed for a wide range of spinal procedures. 


The company also provides the StealthStation Navigation System, which enables surgeons to visualize and navigate the spine during surgery. Medtronic's commitment to innovation and its strong presence in the healthcare industry position it as a major player in the Endoscopic Spinal Surgery Market.A competitor company in the Endoscopic Spinal Surgery Market is Globus Medical, which specializes in the development and manufacturing of spine surgery devices. Globus Medical's endoscopic spinal surgery portfolio includes the ExcelsiusGPS System, an integrated navigation and robotics platform designed to enhance surgical accuracy. The company also offers a range of endoscopic instruments and implants for various spinal procedures. Globus Medical's focus on providing innovative spinal surgery solutions and its commitment to patient care make it a strong competitor in the Endoscopic Spinal Surgery Market.


Key Companies in the Endoscopic Spinal Surgery Market Include:



  • Terumo Corporation

  • Globus Medical

  • Zimmer Biomet

  • Stryker Corporation

  • Smith Nephew PLC

  • ConMed Corporation

  • Aesculap

  • DePuy Synthes Companies

  • KARL STORZ SE Co. KG

  • Braun Melsungen

  • Olympus Corporation

  • Richard Wolf GmbH

  • Arthrex

  • Medtronic

  • Johnson Johnson


Endoscopic Spinal Surgery Market Industry Developments


The global Endoscopic Spinal Surgery Market is projected to reach a value of USD 10.79 billion by 2032, expanding at a CAGR of 7.43% over the forecast period (2024-2032). The increasing prevalence of spinal disorders, technological advancements, and rising demand for minimally invasive procedures drive market growth. Key industry developments include the launch of innovative endoscopic spinal surgery devices and the expansion of robotic-assisted surgeries. Strategic collaborations and acquisitions among market players are also shaping the competitive landscape.


Endoscopic Spinal Surgery Market Segmentation Insights


Endoscopic Spinal Surgery Market Procedure Type Outlook


  • Discectomy

  • Foraminotomy

  • Laminectomy

  • Fusion

  • Decompression


Endoscopic Spinal Surgery Market Indication Outlook


  • Herniated disc

  • Spinal stenosis

  • Degenerative disc disease

  • Spondylolisthesis

  • Trauma


Endoscopic Spinal Surgery Market Access Route Outlook


  • Transforaminal

  • Interlaminar

  • Extrafocal


Endoscopic Spinal Surgery Market Technology Outlook


Endoscopic Spinal Surgery Market Regional Outlook


  • North America

  • Europe

  • South America

  • Asia Pacific

  • Middle East and Africa

Report Attribute/Metric Details
Market Size 2022 5.27(USD Billion)
Market Size 2023 5.66(USD Billion)
Market Size 2032 10.79(USD Billion)
Compound Annual Growth Rate (CAGR) 7.43% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2023
Market Forecast Units USD Billion
Key Companies Profiled Terumo Corporation, Globus Medical, Zimmer Biomet, Stryker Corporation, Smith Nephew PLC, ConMed Corporation, Aesculap, DePuy Synthes Companies, KARL STORZ SE Co. KG, B. Braun Melsungen, Olympus Corporation, Richard Wolf GmbH, Arthrex, Medtronic, Johnson Johnson
Segments Covered Procedure Type, Indication, Access Route, Technology, Regional
Key Market Opportunities Minimally invasive procedures Growing geriatric population Technological advancements Rising healthcare expenditure Increasing prevalence of spinal disorders
Key Market Dynamics Rising prevalence of spinal disorders Technological advancements Growing demand for minimally invasive surgeries Reimbursement policies Emergence of robotic endoscopic spinal surgery systems
Countries Covered North America, Europe, APAC, South America, MEA
 

Frequently Asked Questions (FAQ) :

The Global Endoscopic Spinal Surgery Market is projected to be valued at approximately 5.66 USD Billion in 2023.

The Global Endoscopic Spinal Surgery Market is expected to reach approximately 10.79 USD Billion by 2032.

The Global Endoscopic Spinal Surgery Market is anticipated to grow at a CAGR of 7.43% from 2024 to 2032.

North America is expected to dominate the Global Endoscopic Spinal Surgery Market throughout the forecast period.

The increasing prevalence of spinal disorders, technological advancements, and growing demand for minimally invasive procedures are primarily driving the market growth.

Endoscopic spinal surgery is primarily used for treating conditions such as spinal stenosis, herniated discs, and tumors.

Key players include Stryker, Medtronic, Johnson Johnson, Olympus, and Karl Storz.

The high cost of procedures, limited reimbursement policies, and lack of skilled surgeons pose challenges to market growth.

Technological advancements, rising healthcare expenditure, and increasing awareness about endoscopic spinal surgery present growth opportunities.

Advancements in visualization techniques, integration of robotics, and development of novel implants are shaping the market landscape.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.