Global Endoscopic Spinal Surgery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Endoscopic Spinal Surgery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Endoscopic spinal surgery is a surgical procedure using micro-sized incisions and small tubular systems in combination with an endoscope to visualize the surgical field. While endoscopic surgical approaches are commonly used to treat other areas of the body (eg, gastrointestinal), advances in optics, visualization of tissues, and spinal imaging make ESS a surgical treatment choice for many patients. Endoscopic spinal surgery is a non-invasive procedure to perform complex spinal surgeries with the help of an endoscope. Endoscope is an instrument used by surgeons to view internal body parts. Endoscope spinal surgeries are quick and pain less as compared to the traditional spinal surgeries. The demand for endoscopic spinal surgery is increasing owing to its ability of less collateral tissue damage.

Market Overview:

The latest research study on the global Endoscopic Spinal Surgery market finds that the global Endoscopic Spinal Surgery market reached a value of USD 686.74 million in 2022. It’s expected that the market will achieve USD 1067.19 million by 2028, exhibiting a CAGR of 7.62% during the forecast period.

Market Development Constraints

Only a few surgeons are technically skilled enough to perform these procedures. ESS is a highly specialized surgical skill that is somewhat still in its infancy. As such, relatively few spine surgeons perform ESS techniques with regularity to be proficient. Usually, endoscopic spine surgery is not suitable for revision surgery, cases of clear spinal instability, high -grade spondylolisthesis, and/or cancer. The field of Endoscopic Spinal Surgery is in the development stage, the knowledge content that doctors need to master is rich, and the technical and professional knowledge they need to accept is relatively high. The steep learning curve was one of the reasons for the low overall pick up rate of endoscopic spine surgery among spine surgeons. These will hinder the development of the Endoscopic Spinal Surgery market.
The endoscopic devices for minimally invasive spine surgery require high-resolution optics. This equipment can be very expensive and the training is very demanding. This is one of the reasons, why endoscopic spine surgery (MIS) is offered in only a relatively few clinics. Endoscopic spine surgery requires initial costs such as endoscopic cameras, high-speed drills, and bipolar devices. Furthermore, endoscopes and surgical instruments are small and prone to breakage, so it should also be considered that the cost of equipment maintenance is burdensome. These will hinder the Endoscopic Development of the Spinal Surgery market.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Medtronic, DePuy Synthes, Stryker, Zimmer-Biomet and KARL STORZ are the five key players in the global Endoscopic Spinal Surgery market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Endoscopic Spinal Surgery market in the past 5 years.

Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiac and Vascular Group; Minimally Invasive Technologies Group; Restorative Therapies Group; and Diabetes Group.

DePuy Synthes is a global leader in orthopaedic trauma devices for internal and external fixation. DePuy Synthes CMF offers a comprehensive portfolio of products to treat conditions affecting the face, head and thorax.

Segmentation Overview:

Among different product types, Accessories segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Endoscopic Discectomy segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Endoscopic Spinal Surgery market covered in Chapter 3:

RIWOSpine
Zimmer-Biomet
KARL STORZ
Medizintechnik GmbH
Maxer
Stryker
Maxmorespine
Medtronic
Joimax GmbH
DePuy Synthes

In Chapter 4 and Chapter 14.2, on the basis of types, the Endoscopic Spinal Surgery market from 2018 to 2029 is primarily split into:

Endoscope
Accessories

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Endoscopic Spinal Surgery market from 2018 to 2029 covers:

Endoscopic Discectomy
Endoscopic Foraminotomy
Endoscopic Facet Rhizotomy
Endoscopic Laminotomy
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)