Global Endoscopic Spinal Surgery Market Report and Forecast 2024-2032

Endoscopic Spinal Surgery Market Size

The global endoscopic spinal surgery market was valued at USD 898.29 million in 2023, driven by the increasing prevalence of spinal disorders and the rising patient preference for minimally invasive surgical procedures across the globe. The market is expected to grow at a CAGR of 7.50% during the forecast period of 2024-2032, with the values likely to reach USD 1722 million by 2032.

Endoscopic Spinal Surgery Market Outlook

• The increase in the cases of spinal disorders such as herniated discs and spinal stenosis coupled with the growing aging population prone to developing degenerative spinal conditions drives the demand for endoscopic spinal surgeries.

• One of the significant market trends is the rising advancements in endoscopic tools that allow surgeons to perform complex spinal surgeries with minimal invasiveness.

• The market share is influenced by the rising patient inclination towards minimally invasive procedures due to shorter recovery periods and the increased R&D initiatives by the key market players to improve the performance of endoscopic surgical tools.

Endoscopic Spinal Surgery Market Overview

Endoscopic spinal surgery is considered the state-of-the-art form of minimally invasive spine surgery as it offers a quicker recovery time, less recurring pain, and decreased medical risk as compared to conventional spine surgery methods. This surgical procedure uses micro-sized incisions spanning less than an inch and small tubular systems along with a specialized instrument called an endoscope to visualize the surgical area. The various benefits associated with endoscopic spinal surgery such as reduced tissue injury and minimized post-operative pain are resulting in its high market demand. The rising innovations in endoscopes and visualization systems are also aiding the market growth by enhancing surgical precision and patient outcomes. Moreover, increased R&D initiatives to improve the performance of endoscopic surgical tools and the integration of robotic systems in endoscopic spinal surgery are expected to influence the market dynamics in the forecast period.

Endoscopic Spinal Surgery Market Growth Drivers

Growing Adoption of Endoscopic Spinal Surgery in Healthcare Facilities to Drive Market Growth

There is a growing adoption of endoscopic spinal surgery in healthcare facilities driven by advancements in endoscopic tools and imaging systems and the rising patient preference for minimally invasive procedures. For instance, in January 2024, India-based Asian Spine Hospital, (a specialty center for full endoscopic spine surgery) announced that it had successfully completed 200 spinal fusion surgeries (EndoFusion) by employing Keyhole Endoscopic Spine Technology. This achievement, the first-ever in India, reflects the spine care advancements in the country.

Additionally, in January 2024, it was reported that the first unilateral biportal endoscopic (UBE) spine surgery was performed in New Jersey at Jersey City Medical Center (RWJBarnabas Health facility) by an orthopedic spine surgeon of RWJBarnabas Health Medical Group. Such developments indicate the rising adoption of endoscopic spinal surgery in various healthcare settings, which is poised to propel the market growth.

Endoscopic Spinal Surgery Market Trends

The market is witnessing several trends and developments to improve the current global scenario. Some of the notable trends are as follows:

Endoscopic Spinal Surgery Market Segmentation

Market Breakup by Type

• Devices
  • Endoscopes
  • Visualization Systems
  • Spinal Shaver Systems
  • Fluid Management System
  • Radiofrequency Surgical System
  • Others

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

Market Breakup by Approach

• Open Surgery

• Minimally Invasive Surgery

Market Breakup by End User

• Hospitals

• Specialty Clinics

• Ambulatory Surgery Centers

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Endoscopic Spinal Surgery Market Share

Endoscopes and Visualization Systems Based on Type Hold a Substantial Market Share

Based on the type, the market for endoscopic spinal surgery is segmented into devices and surgeries. In terms of devices, the market is further segmented into endoscopes, visualization systems, spinal shaver systems, fluid management systems, radiofrequency surgical systems, and others whereas the surgery segment includes transforaminal endoscopic procedures, interlaminar endoscopic procedures, endoscopic posterior foraminotomy and cervical discectomy, and endoscopic visualized rhizotomy.

Within the device segment, the visualization systems and endoscopes hold a significant endoscopic spinal surgery market value due to their critical role in facilitating and improving the efficacy of endoscopic spinal surgeries. Visualization systems provide real-time, high-quality images of the spinal anatomy during the endoscopic procedure. On the other hand, the endoscope is the primary tool used during the surgery for treating spinal disorders with minimal invasiveness.

Global Endoscopic Spinal Surgery Market Analysis by Region

North America holds a significant share of the market due to the high healthcare expenditure and growing cases of degenerative disc diseases and other spinal conditions. The presence of leading market players such as Medtronic and Johnson & Johnson also stimulates the early adoption of advanced endoscopic equipment. Further, the rising patient inclination towards minimally invasive procedures due to shorter recovery periods is likely to augment the market demand in the forecast period.

Leading Players in the Endoscopic Spinal Surgery Market

The key features of the market report comprise patent analysis, clinical trials analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:

DePuy Synthes, Inc. (Johnson & Johnson Services, Inc.)

The Orthopaedics Company of Johnson & Johnson, DePuy Synthes, Inc., is a prominent player in the market and is known for its wide range of spine care products, including endoscopic spinal surgery solutions.

Medtronic plc

Headquartered in Dublin (Ireland), Medtronic plc offers advanced technologies for minimally invasive spinal surgeries. The company is known for its high-quality spinal implants, navigation systems, and minimally invasive surgical tools and significantly contributes to the endoscopic spinal surgery market growth.

MedicalTek Co., Ltd.

MedicalTek Co., Ltd., based in Taiwan, is recognized for its advanced visualization and surgical tools for endoscopic spinal surgeries. One of its key products is the MonoStereo Visualization System which is designed to offer adjustable 3D effects and real-time display for minimally invasive surgery.

RIWOspine GmbH

German medical equipment manufacturer RIWOspine GmbH is one of the key players in the market. The company specializes in the development of innovative solutions for minimally invasive spinal surgery, focusing particularly on endoscopic techniques.

Other key players in the market include Bone & Joint Specialists, Dallas Brain Spine and Skull Base Surgery, The American Center for Spine & Neurosurgery, Stryker, Zimmer Biomet, Joimax GmbH, Aesculap Implant Systems, Olympus Corporation, and Karl Storz.

Key Highlights of the Report

Key Questions Answered in the Endoscopic Spinal Surgery Market Report

• What was the global endoscopic spinal surgery market value in 2023?
• What is the global endoscopic spinal surgery market forecast outlook for 2024-2032?
• What are the regional markets covered in the EMR report?
• What is market segmentation based on the type?
• What is the market breakup based on approach?
• Who are the major end users in the market?
• What are the major factors aiding the endoscopic spinal surgery market demand? 
• How has the market performed so far and how is it anticipated to perform in the coming years?
• What are the market's major drivers, opportunities, and restraints? 
• Which regional market is expected to lead the market share in the forecast period? 
• Which country is expected to experience expedited growth during the forecast period? 
• How does the prevalence and incidence of spinal disorders affect the market landscape?
• What are the major endoscopic spinal surgery market trends?
• How does the rise in the geriatric population impact the market size?
• Which type will dominate the market share? 
• Which approach is expected to have a high market value in the coming years?
• Which end user is projected to contribute to the highest market growth?
• Who are the key players involved in the endoscopic spinal surgery market?
• What is the patent landscape of the market?
• What are the current unmet needs and challenges in the market?
• How are partnerships, collaborations, and mergers & acquisitions among the key market players shaping the market dynamics?