Minimally Invasive Spine Surgery Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Stryker Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings Inc., NuVasive Inc., Globus Medical Inc., MicroPort Scient

As per the report, the minimally invasive spine surgery devices market size has grown strongly in recent years. It will grow from $1.06 billion in 2023 to $1.11 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The minimally invasive spine surgery devices market size is expected to see strong growth in the next few years. It will grow to $1.36 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.

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Increase In Incidences Of Spinal Disorders Fuels Growth In The Minimally Invasive Spine Surgery Devices Market
The increase in incidences of spinal disorders is expected to propel the growth of the minimally invasive spine surgery devices market going forward. Spinal disorders refer to conditions affecting the spine, such as herniated discs, spinal stenosis, and scoliosis, causing pain, stiffness, or neurological symptoms. The rise in spinal disorders is fueled by several factors, such as aging populations, sedentary lifestyles, repetitive stress injuries, and degenerative changes in the spine's structures. Minimally invasive spine surgery devices are used to treat spinal disorders by reducing tissue damage, shortening recovery times, and minimizing post-operative pain compared to traditional open surgery. For instance, in 2024, according to the National Spinal Cord Injury Statistical Center, a US-based department of the University of Alabama at Birmingham (UAB), in 2024, approximately 305,000 individuals in the United States are estimated to have traumatic spinal cord injury (tSCI), with estimates ranging from 257,000 to 388,000 persons. Comparatively, in 2023, the estimated number was around 302,000 individuals, ranging from 255,000 to 383,000 persons. Therefore, the increase in incidences of spinal disorders is driving the growth of the minimally invasive spine surgery devices market.

Advances In Customizable Retractor Systems Revolutionize Minimally Invasive Spine Surgery
Major companies operating in the minimally invasive spine surgery devices market are focusing on developing advanced products, such as customizable retractor systems to enhance surgical precision and improve patient outcomes. Customizable retractor systems in minimally invasive spine surgery provide precise access and enhanced visibility, reducing tissue damage and recovery time. For instance, in April 2023, Orthofix Medical Inc., a US-based medical device company, launched two new retractor systems for minimally invasive spine procedures. The Lattus Lateral Access System offers ease of use, versatile blade retraction, and supports Orthofix's WaveForm L and Regatta NanoMetalene devices. The Fathom Pedicle-Based Retractor System features three active telescoping blade fixations, allowing precise customization and enhancing visualization with minimal tissue disruption. Both systems optimize surgical workflows and address specific patient anatomy.

The minimally invasive spine surgery devices market covered in this report is segmented -

1) By Product: Cervical Fusion Devices, Spine Biologics, Vertebral Compression Fracture Treatment Devices, Non-fusion Devices, Spine Bone Stimulators, Spinal Decompression Devices
2) By Treatment: Disk Herniation, Degenerative Spinal Disease, Spinal Stenosis, Other Treatments
3) By Procedure: Discectomy, Laminotomy, Foraminotomy, Facetectomy, Corpectomy
4) By Application: Fusion Surgery, Non-Fusion Surgery
5) By End User: Ambulatory Surgical Centers (ASCs), Hospitals

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Major companies operating in the minimally invasive spine surgery devices market are Stryker Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings Inc., NuVasive Inc., Globus Medical Inc., MicroPort Scientific Corporation, Orthofix International N.V., Aesculap Inc., Alphatec Holdings Inc., SeaSpine Holdings Corporation, RTI Surgical Inc., Spinal Elements, Xtant Medical, Precision Medical Inc., Spine Wave Inc., Zavation Medical Products LLC., Life Spine Inc., Nexxt Spine LLC, CTL Amedica Corporation, Intrinsic Therapeutics Inc, Captiva Spine Inc., DePuy Synthes, Osseus Fusion Systems, SpineGuard S.A.

Contents of the report:
1. Executive Summary
2. Minimally Invasive Spine Surgery Devices Market Report Structure
3. Minimally Invasive Spine Surgery Devices Market Trends And Strategies
4. Minimally Invasive Spine Surgery Devices Market - Macro Economic Scenario
5. Minimally Invasive Spine Surgery Devices Market Size And Growth
…..
27. Minimally Invasive Spine Surgery Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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