Endoscopic Spinal Surgery Market, By Type (Endoscope and Accessories), By Application (Hospitals, Clinics, and Ambulatory Surgical Center), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI269019 | Publish Date: February 2024 | No. of Pages: 168

Global Endoscopic Spinal Surgery Market Overview

Endoscopic Spinal Surgery Market was valued at US$ 0.9 Billion in 2024 and is projected to grow at a CAGR of 7.20% to reach US$ 1.8 Billion by 2034.Endoscopic Spinal Surgery is a minimally invasive surgical procedure which effectively relies chronic leg and low back pain by correcting spinal issues. Small tools, endoscope camera, and tiny incisions are used during this type of surgical procedure.

Global Endoscopic Spinal Surgery Market Dynamics

Drivers

Restrains

Growing preference for minimally invasive surgical procedures

Rare complications such as bleeding (minor or excessive)

Growing incidence of spinal disorders among individual

High costs of surgery

Rising geriatric population coupled with increased spinal diseases

 

Advancement in endoscopic technologies

 

Global Endoscopic Spinal Surgery Market Segmentation

The target market is segmented based on Type, Application, and Region.

Type Insight

On the basis of Type, the target market is segmented into Endoscope and Accessories.

Application Insight

On the basis of Application, the target market is segmented into Hospitals, Clinics, and Ambulatory Surgical Center.

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period.    

  • Rising incidence of spinal diseases.
  • Continuous technological development.
  • Robust healthcare infrastructure.
  • Growing research & development activities in medical field.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period.

  • Rising awareness among patients regarding endoscopic surgeries.
  • Improved healthcare infrastructure.
  • Growing number of players operating in medical device industry in expanding markets such as India and China.

Recent Development:

             The New Launched Product News,

  • In October 2023, Joimax launched its new “iLESSYS" biportal interlaminar endoscopic surgical system for treating spinal disorders. The new instrument was launched at EUROSPINE 2023 Annual Meeting in Frankfurt and at SMISS Annual Forum (Society for Minimally Invasive Spine Surgery) in Las Vegas, by marking its global debut.

Strategic Acquisition News,

  • In January 2021, Olympus acquired Quest Photonic Devices for $60.7 million. This acquisition will enable the Olympus to be able to enhance its surgical endoscopy capabilities. Quest technologies offers imaging systems and multi-spectral imaging for medical applications.
  • In April 2021, Erbe acquired German company Maxer Endoscopy to expand its presence in surgical endoscopy portfolio. This acquisition will enable Erbe to offer improved performance with 4K & fluorescence-guided systems in endoscopy and open surgeries.

 

 

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Endoscope and Accessories

By Application - Hospitals, Clinics, and Ambulatory Surgical Center

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Few Other Promising Reports:

Global Endoscopic Spinal Surgery Market Key Players

The key players operating the target market includes, MaxMoreSpine Ltd., Olympus Corporation, Karl Storz, DePuy Synthes, Medtronic plc, NuVasive Inc., Stryker Inc., Zimmer-Biomet, Joimax Ltd., RIWOspine Inc., and others.

Global Endoscopic Spinal Surgery Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Endoscopic Spinal Surgery Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Endoscope
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Accessories
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Endoscopic Spinal Surgery Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hospitals
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Clinics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ambulatory Surgical Center
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Endoscopic Spinal Surgery Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Maxmorespine Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Maxer Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Medizintechnik
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Karl Storz
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • DePuy Synthes
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Medtronic Corp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NuVasive Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Stryker Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zimmer-Biomet
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Joimax Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Riwospine Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Endoscopic Spinal Surgery Market is segmented into Type, Application, and Region.

Driving factors include the increasing preference for minimally invasive procedures, advancements in endoscopic technologies, and a rising incidence of spinal disorders.

Challenges include the learning curve associated with endoscopic techniques, limited access to advanced surgical technologies in certain regions, and potential cost considerations.

The report covers global regions, and factors like the high adoption of medical technologies and a well-established healthcare infrastructure suggest that North America may dominate the market.

Maxmorespine Ltd. Maxer Inc. Medizintechnik Karl Storz DePuy Synthes Medtronic Corp NuVasive Inc. Stryker Inc. Zimmer-Biomet Joimax Ltd. Riwospine Inc.