Minimally Invasive Spine Surgery Market Size, Share & Trends Analysis | Europe | 2024-2030 | MedSuite | Includes: MIS Interbody Devices, MIS Pedicle Screws, Spinous Process Fixation, and 4 more
In 2023, the European market for minimally invasive spinal (MIS) implants was valued at €230.1 million. This market is projected to grow at a compound annual growth rate (CAGR) of 5.3% during the forecast period, reaching €331.2 million.
One of the primary challenges facing the MIS device market is the complexity of the procedures and the level of skill required to perform them. Specifically, percutaneous techniques, and to a lesser extent retractor techniques, are often perceived as significantly more difficult to master compared to traditional open surgical methods. This complexity has led to reluctance among older generations of doctors and surgeons, who may find the time investment required to learn and master MIS procedures daunting.
MARKET REPORT DATA TYPES INCLUDEDUnit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2030, and Historical Data to 2020
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
Procedure Volumes
Company Profiles, Product Portfolios and SWOT for Top Competitors
European MIS Spinal Implants Market TrendsA major driver for the MIS spinal implants market in Europe is the growing target population, primarily aging baby boomers. Most procedures are conducted on individuals over the age of 60, a demographic that is rapidly increasing in Europe.
European MIS Spinal Implants Market Share InsightsIn 2023, Medtronic led the European minimally invasive spine market, holding the largest market share. This position was achieved through strong performance across several segments, including MIS interbody devices, MIS pedicle screws, spinous process fixation, and facet fixation. However, Medtronic did not engage in the spine endoscope market.
DePuy Synthes secured the second-largest share in the European minimally invasive spine market in 2023. The company showed notable strength in the MIS interbody, MIS pedicle screw, and facet fixation segments, leading the facet fixation market. Unlike Medtronic, DePuy Synthes did not compete in the spinous process fixation, MIS SI joint fusion, or spine endoscope segments.
MARKET SEGMENTATION SUMMARYMIS Interbody Device Market – MedCore – Covers segmentation into the MIPLIF Market, MITLIF Market, LLIF Market, and OLIF Market.MIS Pedicle Screw Market – MedCore – Segmented into 3 main markets: Percutaneous Cannulated Pedicle Screws, Retractor MIS Pedicle Screws, Retractor Non-Cannulated.Spinous Process Fixation Market – MedCore – This market covers several spinal fixation systems including both plating and rod and screws systems.
Facet Fixation Market – MedCore – Facet fixation is a type of percutaneous minimally invasive surgery in which the facet joints in the thoracolumbar region are fused using facet screws, bolts or allograft dowels.
MIS Sacroiliac Joint Fusion Market – MedCore – SIJD can also be known as SI joint syndrome, SI joint strain and SI joint inflammation. Surgical treatment involves fusing the SI joint via an open surgery approach.Spinal Endoscopy Market – MedCore – Segmented by device type into: endoscopes and spine endoscopes instrumentation.
MIS Surgery Instrumentation Market – MedCore – Spinal instrumentation is used to stabilize the spine and carry out the procedure during minimally invasive spinal (MIS) procedures