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Endoscopic Spinal Surgery Market Growth: Expected to Hit US$ 1225.45 Mn by 2030 with a 7.9% CAGR

06-28-2024 08:02 AM CET | Health & Medicine

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Endoscopic Spinal Surgery Market

Endoscopic Spinal Surgery Market

๐„๐ง๐๐จ๐ฌ๐œ๐จ๐ฉ๐ข๐œ ๐’๐ฉ๐ข๐ง๐š๐ฅ ๐’๐ฎ๐ซ๐ ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐จ๐ซ ๐ƒ๐ž๐œ๐ซ๐ž๐š๐ฌ๐ž ๐Ÿ๐จ๐ซ ๐ฐ๐ก๐š๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ??

๐‡๐ข๐ ๐ก ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐š๐ง๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ

The demand for spinal procedures remains high due to the significant number of individuals suffering from spine injuries. Technological innovations, such as the development of 2D and 3D endoscopic devices, are driving market growth. Key market players are employing collaborative strategies to enhance the distribution and manufacturing of these advanced surgical products.

๐‘๐ข๐ฌ๐ข๐ง๐  ๐ˆ๐ง๐œ๐ข๐๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐’๐ฉ๐ข๐ง๐š๐ฅ ๐‚๐จ๐ซ๐ ๐ˆ๐ง๐ฃ๐ฎ๐ซ๐ข๐ž๐ฌ

According to the World Health Organization, approximately 500,000 people suffer from spinal cord injuries annually, primarily due to vehicle accidents and violence. The large patient pool presents substantial growth opportunities for endoscopic spinal surgery technologies. Increased healthcare spending is also expected to attract manufacturers to develop new surgical facilities and applications.

๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐š๐ง๐ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ

Endoscopic spine surgery offers significant advantages over traditional methods, including smaller incisions, less muscle disruption, and quicker recovery times. However, the market faces challenges such as infection risks, stringent government regulations, and the need for trained medical personnel to reprocess endoscopes. These factors may hinder market growth during the forecast period.

Global Endoscopic Spinal Surgery Market size was valued at US$ 719.69 Mn. in 2023 and the total revenue is expected to grow at a CAGR of 7.9% through 2024 to 2030, reaching nearly US$ 1225.45 Mn.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ญ๐ก๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ฉ๐จ๐ญ๐ž๐ง๐ญ๐ข๐š๐ฅ ๐จ๐Ÿ ๐จ๐ฎ๐ซ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐›๐ฒ ๐š๐œ๐œ๐ž๐ฌ๐ฌ๐ข๐ง๐  ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ญ๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/80247/
๐„๐ง๐๐จ๐ฌ๐œ๐จ๐ฉ๐ข๐œ ๐’๐ฉ๐ข๐ง๐š๐ฅ ๐’๐ฎ๐ซ๐ ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Endoscopic spinal surgery is a state-of-the-art, minimally invasive procedure that helps patients maintain their spine's normal range of motion while reducing recovery time and pain. The technology encompasses both 2D and 3D endoscopic devices, and includes various procedures such as transforaminal endoscopic procedures, interlaminar endoscopic procedures, endoscopic posterior foraminotomy, cervical discectomy, and endoscopic visualized rhizotomy.

๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐‚๐Ž๐•๐ˆ๐ƒ-19

The COVID-19 pandemic significantly impacted the medical device sector, including the endoscopic spinal surgery market. Lockdowns and staffing shortages led to a reduction in research and development efforts. Additionally, the focus on treating COVID-19 patients reduced the number of spinal injury treatments. However, as the world recovers, the demand for advanced medical procedures is expected to rebound, driving growth in this market.

๐„๐ง๐๐จ๐ฌ๐œ๐จ๐ฉ๐ข๐œ ๐’๐ฉ๐ข๐ง๐š๐ฅ ๐’๐ฎ๐ซ๐ ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž

Endoscopes
Endoscopic Devices

The market is divided into two segments based on product type: endoscopes and endoscopic devices. The endoscopic Devices segment is estimated to have the greatest market share by 2030. Endoscopic devices are used for spinal injury operations. Minimally invasive medical devices are in increasing demand because to their simplicity of use, less pain, and rapid recovery time. Because of technological advances in endoscopes that can be used for early disease detection, as well as an increase in the prevalence of diseases requiring endoscopic devices.

Furthermore, favorable FDA approvals and reimbursement policies for endoscopic devices in developed countries, an increase in patient desire for minimally invasive surgeries, faster recovery times, and fewer postoperative problems all contribute to the segment's growth.

๐›๐ฒ ๐๐ซ๐จ๐œ๐ž๐๐ฎ๐ซ๐ž ๐“๐ฒ๐ฉ๐ž

Transforaminal Endoscopic Procedures
Interlaminar Endoscopic Procedures
Endoscopic Posterior Foraminotomy and Cervical Discectomy
Endoscopic Visualized Rhizotomy

๐›๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ

2D Endoscopic Spinal Surgery Devices
3D Endoscopic Spinal Surgery Devices

๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ๐ฌ

Endoscopic Spinal Surgery Devices at Hospitals
Endoscopic Spinal Surgery Devices at Ambulatory Surgical Centers
Endoscopic Spinal Surgery Devices at Specialty Spinal Clinics

๐„๐ง๐๐จ๐ฌ๐œ๐จ๐ฉ๐ข๐œ ๐’๐ฉ๐ข๐ง๐š๐ฅ ๐’๐ฎ๐ซ๐ ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž:

The report provides a comprehensive overview of the Endoscopic Spinal Surgery market, encompassing both global and regional market sizes, shares, and presence. It defines and introduces the Endoscopic Spinal Surgery market, discussing proactive management strategies. The report thoroughly analyses current trends, drivers, challenges, constraints, and opportunities to forecast the future potential of the Endoscopic Spinal Surgery market. It includes detailed insights into key players, their market sizes, shares, growth rates, revenues, production volumes, and profitability across different regions, illustrating the market's structure. Utilizing SWOT analysis, the report identifies strengths and weaknesses within the Endoscopic Spinal Surgery market. Market engineering techniques, employing both top-down and bottom-up approaches along with triangulation methods, are used to estimate and forecast market segments and sub-segments as outlined in this study.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ฒ๐จ๐ฎ๐ซ ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐จ๐ฎ๐ซ ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ญ๐ฎ๐๐ฒ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/80247/
๐„๐ง๐๐จ๐ฌ๐œ๐จ๐ฉ๐ข๐œ ๐’๐ฉ๐ข๐ง๐š๐ฅ ๐’๐ฎ๐ซ๐ ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Key Players of the Endoscopic Spinal Surgery Market profiled in the report includeโ€ฆ..

1. Zimmer Biomet
2. Stryker Corporation
3. Depuy Synthes
4. Medtronic PLC.
5. Globus Medical Inc.
6. Elliquence
7. Endovision Co. Ltd.
8. Joimax GmbH
9. Karl Storz Se & Co. KG
10. Richard Wolf
11. RIWOspine
12. RZ Medizintechnik
13. Techcord Co. Ltd.
14. Johnson & Johnson
15. Olympus Corporation

๐„๐ง๐๐จ๐ฌ๐œ๐จ๐ฉ๐ข๐œ ๐’๐ฉ๐ข๐ง๐š๐ฅ ๐’๐ฎ๐ซ๐ ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐œ๐ก ๐ซ๐ž๐ ๐ข๐จ๐ง๐ฌ??

North America

North America is expected to dominate the endoscopic spinal surgery market through 2030, with the United States holding the highest market share. Factors driving this growth include an aging population, increased incidence of spinal cord injuries, and rising demand for minimally invasive procedures. According to the U.S. Census Bureau, over 54 million individuals aged 65 and older lived in the U.S. in 2022, underscoring the potential market for spinal surgeries.

Europe

Europe is anticipated to grow rapidly at a CAGR of xx% during the forecast period, with Germany leading the market. The growing senior population and high incidence of spinal injuries are contributing to this growth. According to the World Health Organization, Germany had 18.09 million individuals aged 65 and older in 2022, highlighting the significant market potential.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

The global endoscopic spinal surgery market is poised for substantial growth, driven by technological advancements and increasing demand for minimally invasive procedures. As healthcare infrastructure continues to improve and the focus on patient outcomes intensifies, the market for endoscopic spinal surgery is expected to expand, offering significant opportunities for manufacturers and healthcare providers.

๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://www.maximizemarketresearch.com/market-report/global-endoscopic-spinal-surgery-market/80247/
๐Š๐ž๐ฒ ๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐„๐ง๐๐จ๐ฌ๐œ๐จ๐ฉ๐ข๐œ ๐’๐ฉ๐ข๐ง๐š๐ฅ ๐’๐ฎ๐ซ๐ ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ซ๐ž:

What is the growth rate of the Endoscopic Spinal Surgery market?
What segments are covered in the Endoscopic Spinal Surgery market report?
What are the factors driving the Endoscopic Spinal Surgery market growth?
Which are the top players in the Endoscopic Spinal Surgery market?
What are key growths strategies that were implemented by key players to dominate the Endoscopic Spinal Surgery Market?
Which region is expected to dominate in the Endoscopic Spinal Surgery Market?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฅ๐ž๐ฏ๐š๐ง๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ฎ๐›๐ฃ๐ž๐œ๐ญ๐ฌ:

โ™ฆ Global Medical Document Management Systems Market https://www.maximizemarketresearch.com/market-report/global-medical-document-management-systems-market/6506/

โ™ฆ Global Silage Additives Market https://www.maximizemarketresearch.com/market-report/global-silage-additives-market/71491/

โ™ฆ Global Lithium-ion Battery Binders Market https://www.maximizemarketresearch.com/market-report/global-lithium-ion-battery-binders-market/85277/

โ™ฆ Global Food Grade Gases Market https://www.maximizemarketresearch.com/market-report/global-food-grade-gases-market/28592/

โ™ฆ Global Natural Food Preservatives Market https://www.maximizemarketresearch.com/market-report/global-natural-food-preservatives-market/96311/

โ™ฆ Global Alternative Sweeteners Market https://www.maximizemarketresearch.com/market-report/global-alternative-sweeteners-market/21291/

โ™ฆ Global Soybean Derivatives Market https://www.maximizemarketresearch.com/market-report/global-soybean-derivatives-market/96682/

โ™ฆ Global Alcohol Ingredients Market https://www.maximizemarketresearch.com/market-report/global-alcohol-ingredients-market/100022/

โ™ฆ Global Hospital Linen Supply and Management Services Market https://www.maximizemarketresearch.com/market-report/global-hospital-linen-supply-and-management-services-market/42510/

โ™ฆ Global In Dash Navigation System Market https://www.maximizemarketresearch.com/market-report/in-dash-navigation-system-market/3032/

Contact Maximize Market Research:

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Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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