Global Endoscopic Spinal Surgery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Endoscopic Spinal Surgery market:
The latest research study on the global Endoscopic Spinal Surgery market finds that the global Endoscopic Spinal Surgery market reached a value of USD 686.74 million in 2022. It’s expected that the market will achieve USD 1067.19 million by 2028, exhibiting a CAGR of 7.62% during the forecast period.

Endoscopic spinal surgery is a surgical procedure using micro-sized incisions and small tubular systems in combination with an endoscope to visualize the surgical field. While endoscopic surgical approaches are commonly used to treat other areas of the body (eg, gastrointestinal), advances in optics, visualization of tissues, and spinal imaging make ESS a surgical treatment choice for many patients. Endoscopic spinal surgery is a non-invasive procedure to perform complex spinal surgeries with the help of an endoscope. Endoscope is an instrument used by surgeons to view internal body parts. Endoscope spinal surgeries are quick and pain less as compared to the traditional spinal surgeries. The demand for endoscopic spinal surgery is increasing owing to its ability of less collateral tissue damage.

Market Development Constraints
Only a few surgeons are technically skilled enough to perform these procedures. ESS is a highly specialized surgical skill that is somewhat still in its infancy. As such, relatively few spine surgeons perform ESS techniques with regularity to be proficient. Usually, endoscopic spine surgery is not suitable for revision surgery, cases of clear spinal instability, high -grade spondylolisthesis, and/or cancer. The field of Endoscopic Spinal Surgery is in the development stage, the knowledge content that doctors need to master is rich, and the technical and professional knowledge they need to accept is relatively high. The steep learning curve was one of the reasons for the low overall pick up rate of endoscopic spine surgery among spine surgeons. These will hinder the development of the Endoscopic Spinal Surgery market.
The endoscopic devices for minimally invasive spine surgery require high-resolution optics. This equipment can be very expensive and the training is very demanding. This is one of the reasons, why endoscopic spine surgery (MIS) is offered in only a relatively few clinics. Endoscopic spine surgery requires initial costs such as endoscopic cameras, high-speed drills, and bipolar devices. Furthermore, endoscopes and surgical instruments are small and prone to breakage, so it should also be considered that the cost of equipment maintenance is burdensome. These will hinder the Endoscopic Development of the Spinal Surgery market.

Region Overview:
From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:
Medtronic, DePuy Synthes, Stryker, Zimmer-Biomet and KARL STORZ are the five key players in the global Endoscopic Spinal Surgery market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Endoscopic Spinal Surgery market in the past 5 years.

Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiac and Vascular Group; Minimally Invasive Technologies Group; Restorative Therapies Group; and Diabetes Group.

DePuy Synthes is a global leader in orthopaedic trauma devices for internal and external fixation. DePuy Synthes CMF offers a comprehensive portfolio of products to treat conditions affecting the face, head and thorax.

Segmentation Overview:
Among different product types, Accessories segment is anticipated to contribute the largest market share in 2028.

Application Overview:
By application, the Endoscopic Discectomy segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Endoscopic Spinal Surgery market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Endoscopic Spinal Surgery market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Endoscopic Spinal Surgery and its sub-markets in an intuitive way.

Key Companies in the global Endoscopic Spinal Surgery market covered in Chapter 3:
Joimax GmbH
DePuy Synthes
Medtronic
KARL STORZ
Zimmer-Biomet
Stryker
Maxer
Medizintechnik GmbH
Maxmorespine
RIWOSpine

In Chapter 4 and Chapter 14.2, on the basis of types, the Endoscopic Spinal Surgery market from 2018 to 2029 is primarily split into:
Endoscope
Accessories

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Endoscopic Spinal Surgery market from 2018 to 2029 covers:
Endoscopic Discectomy
Endoscopic Foraminotomy
Endoscopic Facet Rhizotomy
Endoscopic Laminotomy
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Endoscopic Spinal Surgery market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029