The South Korean MIS implant market was valued at $98 million in 2024 and is expected to grow at a CAGR of 8.7%, reaching $176 million by 2031.
Market growth is driven by:
Increasing demand for minimally invasive procedures
Technological advancements in spine endoscopy and MIS instrumentation
A well-informed and health-conscious population opting for less invasive surgeries
The 2025 report provides an in-depth analysis of the South Korean MIS market, covering:
MIS Interbody (IB) Devices
MIS Pedicle Screws
Spinous Process Fixation
Facet Fixation
SI Joint Devices
Spine Endoscopes
MIS Surgical Instrumentation
The report explores emerging trends and technological advancements across all segments.
Market Report Data Types Included
Unit Sales & Average Selling Prices (ASP)
Market Value & Growth Trends
Procedure Numbers
Forecasts Until 2031
Historical Data (2021-2023)
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
Company Profiles & Product Portfolios
Leading Competitors
South Korea’s Minimally Invasive Spinal Implant Market Trends
Rising preference for MIS procedures due to:
Reduced tissue damage
Lower complication rates
Faster recovery times
South Korea’s healthcare-conscious population is increasingly opting for MIS solutions over traditional open surgeries.
Technological advancements in spine endoscopy and robotic-assisted MIS techniques are further driving adoption.
South Korea’s Minimally Invasive Spinal Implant Market Share Insights (2024)
1 Joimax – Market Leader
Leading competitor in the South Korean MIS market.
Dominates the endoscope segment.
2 Richard Wolf – Strong Competitor
Second-largest competitor in the MIS market.
Holds the second-largest share in the endoscope segment.
3 Medtronic – Third-Largest Competitor
Leading competitor in the MIS interbody device and pedicle screw segments.
Market Segmentation Summary
MIS Interbody Device Market – Further segmented into:
Minimally Invasive Posterior Lumbar Interbody Fusion (MIPLIF)
Minimally Invasive Transforaminal Lumbar Interbody Fusion (MITLIF)
Lateral Lumbar Interbody Fusion (LLIF)
Oblique Lumbar Interbody Fusion (OLIF)
MIS Pedicle Screw Market – Further segmented into:
Percutaneous Cannulated
Retractor Cannulated
Retractor Non-Cannulated
Spinous Process Fixation Market
Facet Fixation Market
MIS SI Joint Fusion Market
Spine Endoscope Market
Research Scope Summary
Regions Covered
South Korea
Base Year: 2024
Forecast Period: 2025-2031
Historical Data: 2021-2023
Quantitative Coverage
Procedure Numbers
Market Size & Growth Rates
Unit Sales & ASP
Market Shares & Forecasts through 2031
Qualitative Coverage
Market Growth Trends & Limiters
Competitive Analysis & SWOT for Top Competitors
Mergers & Acquisitions
Company Profiles & Product Portfolios
FDA Recalls & Regulatory Developments
Disruptive Technologies & Emerging Innovations
Disease Overviews
Data Sources
Primary Interviews with Industry Leaders
Government Physician Data
Regulatory Data
Hospital Private Data
Import & Export Data
iData Research Internal Database
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