Endoscopic Spinal Surgery Market Development Trends, Competitive Landscape and Key Regions by 2029

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North America is expected to hold the highest share in the market.

Market Overview:

  • The Endoscopic Spinal Surgery Market was valued at US$ 667 million in 2022 and is projected to grow at a CAGR of 7.9% to reach nearly US$ 1137 million by 2029.
  • Endoscopic spine surgery is a minimally invasive procedure that allows for faster healing and reduced recurring pain compared to standard spine surgery approaches.
  • The market is segmented by product type, procedure type, technology, and end-users.
  • The impact of COVID-19 has affected the medical device sector, causing a reduction in research and development efforts and a decrease in people seeking treatment for spinal injuries.

Endoscopic Spinal Surgery Market Report Scope and Research Methodology:

The marker study, which involved market size predictions, statistics calculations, market breakdown, market projections, and data triangulation, was complete, and wide-ranging primary research was carried out to gather data, check and authenticate important figures. It is analyzing important trends and predicts potential changes in the market. This is a crucial phase in the process of choosing a target market, creating new products, and discovering new market segments. To provide vital information throughout the study, all data collected during the market process is submitted to extensive qualitative and quantitative analysis.

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Endoscopic Spinal Surgery Market Regional Insights:

Endoscopic Spinal Surgery Region witnessed the highest market share in 2022 and is expected to boost significant growth during the forecast period. The increase in demand in the region is driven by stringent norms & regulations, and supporting government policies is to be an important driver of the Endoscopic Spinal Surgery Market over the forecast period. The Endoscopic Spinal Surgery Market report includes market revenue, geographical situation opportunities, press releases, and an in-depth analysis of the business structure. Several reasons are projected to be advantageous for the region's Endoscopic Spinal Surgery Market, including the region's increasing aging population, well-developed healthcare infrastructure, supportive governmental policies, and accessibility of medical policy.

Endoscopic Spinal Surgery Market Segmentation:

by Product Type

Endoscopes
Endoscopic Devices

The market is divided into Endoscopes and Endoscopic Devices based on the Product Type. By 2029, it is anticipated that the endoscopic devices category will command the highest market shares. Endoscopic instruments are employed in procedures related to spinal injuries. Minimally invasive medical devices are in increasing demand because to their ease of use, less painful procedure, and speedy recovery. 

by Procedure Type

Transforaminal Endoscopic Procedures
Interlaminar Endoscopic Procedures
Endoscopic Posterior Foraminotomy and Cervical Discectomy
Endoscopic Visualized Rhizotomy

The market is divided into three segments based on the application: endoscopic spinal surgery devices used in hospitals, ambulatory surgical centers, and specialty spinal clinics.

by Technology

2D Endoscopic Spinal Surgery Devices
3D Endoscopic Spinal Surgery Devices

by End-Users

Endoscopic Spinal Surgery Devices at Hospitals
Endoscopic Spinal Surgery Devices at Ambulatory Surgical Centers
Endoscopic Spinal Surgery Devices at Specialty Spinal Clinics

Over the course of the forecast period, 2023–2029, the endoscopic Spinal Surgery Devices at Hospitals sector is anticipated to increase at a CAGR. This is a result of patients' increasing demand for minimally invasive spine surgeries and the largest installation. With US$ 667 million in revenue, hospitals generated the most revenue of any end-user in 2022.

Endoscopic Spinal Surgery Market Key Players:

1. Zimmer Biomet
2. Stryker Corporation
3. Depuy Synthes
4. Medtronic PLC.
5. Globus Medical Inc.
6. Elliquence
7. Endovision Co. Ltd.
8. Joimax GmbH
9. Karl Storz Se & Co. KG
10. Richard Wolf
11. RIWOspine
12. RZ Medizintechnik
13. Techcord Co. Ltd.
14. Johnson & Johnson
15. Olympus Corporation

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Key questions answered in Endoscopic Spinal Surgery Market are:

  • What is Endoscopic Spinal Surgery Market?
  • What is the forecast period of the Endoscopic Spinal Surgery Market?
  • What is the competitive scenario of the Endoscopic Spinal Surgery Market?
  • Which region held the largest market share in the Endoscopic Spinal Surgery Market?
  • What are the opportunities for the Endoscopic Spinal Surgery Market?
  • What factors are affecting the Endoscopic Spinal Surgery Market growth?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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