Europe Minimally Invasive Spine Technologies Market: Analysis and Forecast, 2022-2032
Introduction to Europe Minimally Invasive Spine Technologies Market
The Europe minimally invasive spine technologies market was valued at $691.1 million in 2022 and is anticipated to reach $2,116.5 million by 2032, witnessing a CAGR of 11.84% during the forecast period 2022-2032. The market for minimally invasive spine technologies is anticipated to experience growth due to the increasing preference for surgical procedures that involve minimal invasion in the spine. Additionally, practitioners' growing awareness regarding the importance of simulation, training, and ongoing medical education is expected to contribute to this upward trend.
Market Introduction
The Europe Minimally Invasive Spine Technologies Market is experiencing significant growth, propelled by the increasing favoritism toward less invasive spinal procedures and heightened awareness among practitioners regarding simulation, training, and continuous medical education. Advancements in medical technologies are enabling novel approaches to spinal interventions that involve reduced invasiveness, providing patients with benefits such as shorter recovery times, diminished postoperative pain, and minimized tissue damage. The market is responding to a growing incidence of spine-related disorders and an expanding aging population. With a focus on enhancing patient outcomes and curbing healthcare costs, the adoption of minimally invasive spine technologies in Europe is poised for ongoing expansion. This trend is reshaping the landscape of spinal interventions and contributing to the overall improvement of healthcare delivery in the region.
Market Segmentation:
Segmentation 1: by Country
Germany
France
U.K.
Italy
Spain
Rest-of-Europe
How can this report add value to an organization?
Growth/Marketing Strategy: The Europe minimally invasive spine technologies market has seen major developments by key players operating in the market, such as partnerships, collaborations and business expansions, mergers and acquisitions, product launches, and funding activities. The favored strategy for the companies has been new offerings in the minimally invasive spine technologies market.
Competitive Strategy: Key players in the Europe minimally invasive spine technologies market analyzed and profiled in the study involve players that offer surgical systems, instruments, and systems. Moreover, a detailed market share analysis of the players operating in the Europe minimally invasive spine technologies market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The featured companies have been meticulously chosen, drawing insights from primary experts and thorough evaluations of company coverage, product offerings, and market presence.
Some prominent names established in this market are:
AMS Group
B. Braun SE
Medtronic plc
Richard Wolf GmbH
Spineart
*PDF email from publisher allows for 1-3 users, with permission to print*
Please Note: It will take 3-5 business days to complete the report upon order confirmation.
- Executive Summary
- Scope of the Study
- Research Methodology
- 1 Markets
- 1.1 Global Market Outlook
- 1.1.1 Market Overview
- 1.1.2 Product Definition
- 1.1.3 Inclusion and Exclusion Criteria
- 1.1.4 Key Findings
- 1.1.5 Assumptions and Limitations
- 1.1.6 Market Growth Scenario
- 1.1.6.1 Realistic Growth Scenario
- 1.1.6.2 Optimistic Growth Scenario
- 1.1.6.3 Pessimistic Growth Scenario
- 1.2 Industry Outlook
- 1.2.1 Key Trends
- 1.2.2 Opportunity Assessment
- 1.2.3 Patent Analysis
- 1.2.3.1 Awaited Technological Developments
- 1.2.3.2 Patent Filing Trend (by Country)
- 1.2.3.3 Patent Filing Trend (by Year)
- 1.2.4 Product Benchmarking
- 1.2.5 Clinical Trials
- 1.3 Impact of COVID-19 on the Minimally Invasive Spine Technologies
- 1.3.1 Pre-COVID-19 Phase
- 1.3.2 During COVID-19
- 1.3.3 Post-COVID-19 Phase
- 1.3.3.1 Impact on Demand and Supply
- 1.3.3.2 Impact on Competitive Landscape
- 1.3.3.3 Impact on Company Revenue
- 1.4 Business Dynamics
- 1.4.1 Impact Analysis
- 1.4.2 Business Drivers
- 1.4.2.1 Increasing Incidences and Prevalence of Spinal Disorders
- 1.4.2.2 Increasing Preference for Minimally Invasive Spine Surgeries
- 1.4.2.3 Technological Advancement in Minimally Invasive Spine Surgical Procedures
- 1.4.3 Business Restraints
- 1.4.3.1 Lack of Well-Established Landscape for Reimbursement for Minimally Invasive Spinal Procedures
- 1.4.3.2 Factors Hindering the Implementation of Minimally Invasive Spinal Surgeries
- 1.4.3.2.1 High Cost of Capital Equipment Purchases and Disposables
- 1.4.3.2.2 Lack of Training Leading to Shortage of Skilled Professionals
- 1.4.4 Business Opportunities
- 1.4.4.1 Augmentation of Artificial Intelligence in Minimally Invasive Spine Surgery
- 1.4.4.2 Leveraging Synergies to Diversify Business Portfolio
- 2 Europe
- 2.1 Europe Minimally Invasive Spine Technologies Market
- 2.1.1 Regulatory Framework
- 2.1.1.1 Spinal Classification EU MDR Model Proposed by Team NB
- 2.1.2 Key Findings and Opportunity Assessment
- 2.1.3 Market Dynamics
- 2.1.3.1 Impact Analysis
- 2.1.4 Market Sizing and Forecast
- 2.1.4.1 Europe Minimally Invasive Spine Technologies Market (by Country)
- 2.1.4.1.1 Germany
- 2.1.4.1.1.1 Market Dynamics
- 2.1.4.1.1.2 Market Size and Forecast
- 2.1.4.1.2 U.K.
- 2.1.4.1.2.1 Market Dynamics
- 2.1.4.1.2.2 Market Size and Forecast
- 2.1.4.1.3 France
- 2.1.4.1.3.1 Market Dynamics
- 2.1.4.1.3.2 Market Size and Forecast
- 2.1.4.1.4 Italy
- 2.1.4.1.4.1 Market Dynamics
- 2.1.4.1.4.2 Market Size and Forecast
- 2.1.4.1.5 Spain
- 2.1.4.1.5.1 Market Dynamics
- 2.1.4.1.5.2 Market Size and Forecast
- 2.1.4.1.6 Rest-of-Europe
- 2.1.4.1.6.1 Market Dynamics
- 2.1.4.1.6.2 Market Size and Forecast
- 3 Competitive Benchmarking and Company Profiles
- 3.1 Competitive Landscape
- 3.1.1 Key Strategies and Developments
- 3.1.1.1 Regulatory and Legal Activities
- 3.1.1.2 New Offerings
- 3.1.1.3 Mergers and Acquisitions
- 3.1.1.4 Partnerships, Collaborations, and Business Expansions
- 3.2 Company Profiles
- 3.2.1 AMS Group
- 3.2.1.1 Company Overview
- 3.2.1.2 Role of AMS Group in the Minimally Invasive Spine Technologies Market
- 3.2.1.3 Analyst Perspective
- 3.2.2 B. Braun SE
- 3.2.2.1 Company Overview
- 3.2.2.2 Role of B. Braun SE in the Minimally Invasive Spine Technologies Market
- 3.2.2.3 Product Portfolio
- 3.2.2.4 Financials
- 3.2.2.5 Analyst Perception
- 3.2.3 Medtronic plc
- 3.2.3.1 Company Overview
- 3.2.3.2 Role of Medtronic plc in the Minimally Invasive Spine Technologies Market
- 3.2.3.3 Product Portfolio
- 3.2.3.4 Financials
- 3.2.3.5 Recent Developments
- 3.2.3.6 Analyst Perception
- 3.2.4 Richard Wolf GmbH
- 3.2.4.1 Company Overview
- 3.2.4.2 Role of Richard Wolf GmbH in the Minimally Invasive Spine Technologies Market
- 3.2.4.3 Analyst Perspective
- 3.2.5 Spineart
- 3.2.5.1 Company Overview
- 3.2.5.2 Role of Spineart in the Minimally Invasive Spine Technologies Market
- 3.2.5.3 Recent Developments
- 3.2.5.4 Analyst Perspective
- List of Figures
- Figure 1: Minimally Invasive Spine Surgery Techniques
- Figure 2: Minimally Invasive Spine Technologies Market, $Million, 2021-2032
- Figure 3: Minimally Invasive Spine Technologies Market (by Region), $Million, 2022 and 2032
- Figure 4: Minimally Invasive Spine Technologies Market, Market Dynamics
- Figure 5: Minimally Invasive Spine Technologies Market: Research Methodology
- Figure 6: Primary Research
- Figure 7: Secondary Research
- Figure 8: Bottom-Up Approach (Segment-Wise Analysis)
- Figure 9: Top-Down Approach (Segment-Wise Analysis)
- Figure 10: Assumptions and Limitations
- Figure 11: Minimally Invasive Spine Technologies Market Size and Growth Potential (Realistic Growth Scenario), $Million, 2021-2032
- Figure 12: Minimally Invasive Spine Technologies Market Size and Growth Potential (Optimistic Scenario), $Million, 2021-2032
- Figure 13: Minimally Invasive Spine Technologies Market Size and Growth Potential (Pessimistic Scenario), $Million, 2021-2032
- Figure 14: Minimally Invasive Spine Technologies Market, Key Trends
- Figure 15: Minimally Invasive Spine Technologies Market, Key Trends, Market Shift, 2022-2032
- Figure 16: Minimally Invasive Spine Technologies Market, Patent Analysis (by Country), January 2018-January 2023
- Figure 17: Minimally Invasive Spine Technologies Market, Patent Analysis (by Year), January 2018-January 2023
- Figure 18: Minimally Invasive Spine Technologies Market, Impact Analysis
- Figure 19: Incidence of Degenerative Spine Disease, by Region, 2018
- Figure 20: Geriatric Population Growth, by Region, 2019 vs. 2050
- Figure 21: Prevalence of Spinal Degeneration (by Age), 2021
- Figure 22: Next-Generation Products for Minimally Invasive Spine Surgery
- Figure 23: Relative Comparison of Operative Factors in 2-Dimensional Versus 3-Dimensional Minimally Invasive Spine Surgery
- Figure 24: Cost of Robotic-Assisted Systems Used in Spine Surgery
- Figure 25: Artificial Intelligence Improving the Quality and Delivery of Care
- Figure 26: Minimally Invasive Spine Technologies Market Share (by Region), 2021 and 2032
- Figure 27: Europe Minimally Invasive Spine Technologies Market Incremental Opportunity (by Country), $Million, 2021-2032
- Figure 28: Europe Minimally Invasive Spine Technologies Market, $Million, 2021-2032
- Figure 29: Europe Minimally Invasive Spine Technologies Market (by Country), Share (%), 2021 and 2032
- Figure 30: Germany Minimally Invasive Spine Technologies Market, $Million, 2021-2032
- Figure 31: U.K. Minimally Invasive Spine Technologies Market, $Million, 2021-2032
- Figure 32: France Minimally Invasive Spine Technologies Market, $Million, 2021-2032
- Figure 33: Italy Minimally Invasive Spine Technologies Market, $Million, 2021-2032
- Figure 34: Spain Minimally Invasive Spine Technologies Market, $Million, 2021-2032
- Figure 35: Rest-of-Europe Minimally Invasive Spine Technologies Market, $Million, 2021-2032
- Figure 36: Share of Key Developments and Strategies, January 2018-January 2023
- Figure 37: Regulatory and Legal Activities, January 2018-January 2023
- Figure 38: New Offerings, January 2018-January 2023
- Figure 39: Mergers and Acquisitions, January 2018-January 2023
- Figure 40: Partnerships, Alliances, and Business Expansions, January 2018-January 2023
- Figure 41: AMS Group: Overall Product Portfolio
- Figure 42: B. Braun SE: Overall Product Portfolio
- Figure 43: B. Braun SE: Overall Financials, $Million, 2019-2021
- Figure 44: B. Braun SE: Revenue (by Segment), $Million, 2019-2021
- Figure 45: B. Braun SE: Revenue (by Region), $Million, 2019-2021
- Figure 46: B. Braun SE: R&D Expense, $Million, 2019-2021
- Figure 47: Medtronic plc: Overall Product Portfolio
- Figure 48: Medtronic plc: Overall Financials, $Million, 2020-2022
- Figure 49: Medtronic plc: Revenue (by Segment), $Million, 2020-2022
- Figure 50: Medtronic plc: Revenue (by Region), $Million, 2020-2022
- Figure 51: Medtronic plc: R&D Expense, $Million, 2020-2022
- Figure 52: Richard Wolf GmbH.: Overall Product Portfolio
- Figure 53: Spineart: Overall Product Portfolio
- List of Tables
- Table 1: Key Challenges and Possible Solutions for Players in the Minimally Invasive Spine Technologies Market
- Table 2: Minimally Invasive Spine Technologies Market, Quarterly Key Developments Analysis, January 2018-January 2023
- Table 3: Key Questions Answered in the Report
- Table 4: Parameters for Realistic, Optimistic, and Pessimistic Growth Scenarios
- Table 5: Minimally Invasive Spine Technologies Market, Awaited Technologies
- Table 6: Minimally Invasive Spine Technologies Market, Product Benchmarking
- Table 7: Minimally Invasive Spine Technologies Market, Ongoing Clinical Trials
- Table 8: Europe Minimally Invasive Spine Technologies Market, Impact Analysis
- Table 9: AMS Group: Key Products and Features
- Table 10: B. Braun SE: Key Products and Features
- Table 11: Medtronic plc: Key Products and Features
- Table 12: RIWOspine GmbH.: Key Products and Features
- Table 13: Spineart: Key Products and Features
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook