Global Percutaneous Transforaminal Endoscopic Discectomy System Market Set for Rapid Expansion at Substantial CAGR through 2032, Fueled by Rising Adoption of Robotics Surgery Systems

Dataintelo has recently published a report detailing the anticipated growth of the global Percutaneous Transforaminal Endoscopic Discectomy Endoscopic System market. The market, valued at USD XX Billion in 2023, is projected to reach USD XX Billion by 2032, expanding at a CAGR of XX % from 2024 through 2032. An uptick in the adoption of robotics surgery systems is being credited for this forecasted market growth.

The percutaneous transforaminal endoscopic discectomy (PTED) endoscopic system market is experiencing an upswing in demand, spurred by a rise in the incidence of degenerative disc disorders and the expansion of the global elderly population. This minimally invasive surgical procedure is used to treat spinal disc herniation and is becoming increasingly popular due to the benefits it provides, including reduced recovery time, less post-operative pain, and a lower risk of infection compared to traditional open surgery.

The market is being driven by the growing incorporation of progressive surgical technologies in healthcare facilities worldwide. Opportunities for market players are opening up due to an escalating need for cost-effective and efficient surgical procedures. Consistent advancements in endoscopic equipment and techniques are predicted to further stimulate market growth in the years ahead

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/485757

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The percutaneous transforaminal endoscopic discectomy endoscopic system market has been segmented based on𝐓𝐲𝐩𝐞
● Reusable
● Disposable

𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞
● Inpatient
● Outpatient

𝐏𝐫𝐨𝐜𝐞𝐝𝐮𝐫𝐞
● Automated
● Manual

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
● Hospital
● Clinic

𝐄𝐧𝐝-𝐮𝐬𝐞𝐫
● Healthcare Providers
● Medical Device Companies

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● Ackermann Instrumente GmbH
● 𝐀𝐫𝐭𝐡𝐫𝐞𝐱 𝐈𝐧𝐜.
● B. Braun Melsungen AG
● 𝐁𝐨𝐬𝐭𝐨𝐧 𝐒𝐜𝐢𝐞𝐧𝐭𝐢𝐟𝐢𝐜 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧
● ConMed Corporation
● Cook Medical
● Elite Surgical Supplies (Pty) Ltd
● Fujifilm Holdings Corporation
● HOYA Corporation
● Johnson & Johnson Services, Inc.
● Karl Storz
● Maxer Endoscopy
● Medtronic
● Micro-Tech Endoscopy
● Olympus Corporation
● Optcla
● Richard Wolf
● Smith & Nephew
● Stryker Corporation
● Zimmer Biomet

Based on the product type, the percutaneous transforaminal endoscopic discectomy endoscopic system can be segmented into disposable and reusable. The technique is further segmented into inpatient or outpatient procedures. The choice between these segments largely depends on the patient's health condition and type of disc herniation. The procedure used in these systems can be further segmented into automated and manual procedures.

Regionally, the market is fragmented into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America holds a significant share of the market, mainly due to advancements in technology and the presence of well-established healthcare infrastructures in the region. Europe also accounts for a substantial share in the market due to increased incidences of chronic back pain in the region. The market in the Asia-Pacific region is projected to grow rapidly attributable to the ever-increasing patient population, growing awareness of the procedure and an increase in medical tourism. Latin America and Middle East & Africa regions are also expected to witness modest growth over the forecast period

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/485757

Market Drivers:

1. Rising Prevalence of Spinal Disorders: An increase in the incidence of degenerative spine conditions, herniated discs, and other spinal disorders drives the demand for the Percutaneous Transforaminal Endoscopic Discectomy system.

2. Growing Geriatric population: The growing geriatric population who are more vulnerable to spine disorders increases the demand for this system.

3. Technological Advancements: Modern technological advancements in spinal surgery devices, including those which allow for less invasive surgical procedures, drive the market growth.

4. Increasing Preference for Minimally Invasive Procedures: These procedures are designed to reduce the pain, recovery time, and risk of complications associated with traditional open surgeries. The trend towards these types of surgeries will fuel the market growth.

Opportunities:

1. Expansion in Emerging Markets: The presence of untapped opportunities in developing countries, such as India, Brazil, China, etc., presents a major opportunity for this market. These regions have large patient populations and growing healthcare infrastructure.

2. Increase in Healthcare Expenditure: The increase in healthcare expenditure globally which includes the willingness to invest in advanced medical procedures and devices.

3. Improving Reimbursement Policies: Favorable government regulations and reimbursement policies are expected to provide companies with future growth opportunities.

4. Growing Awareness: Increasing patients' awareness related to newly developed treatment therapies and devices can provide a significant opportunity for the market to expand.

5. Investment in Research and Development: There is an opportunity for ongoing investments in R&D to further improve on the technology and expand its applicability. With further R&D, newer and more efficient versions of the Percutaneous Transforaminal Endoscopic Discectomy system could be developed

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