Reports - Minimally Invasive Spine Surgery Market
Minimally Invasive Spine Surgery Market Size, Share & Trends Analysis Report by Product (Implants & instrumentation, Biomaterials) by Application (Fusion Surgery, Non-fusion Surgery) by Treatment (Lumbar Disc Herniation, Thoracic Disc Herniation, Spinal Stenosis, Degenerative Spinal Disease, Others) by End Users (Hospitals and Clinics, Home Care Settings, Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2018 - 2023) & Forecast (2024 - 2032)
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USD 2.31 Billion
USD 4.76 Billion
6.9%
North America
42.2%
Asia Pacific
USD 0.97 Billion
The global
Minimally Invasive Spine Surgery Market
USD 2.31 Billion in 2023
USD 4.76 Billion by 2032
6.9%
Key Highlights
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Regional Overview
North America Dominated Sales with a 42.2% share in 2023
The region emphasis on R&D, which has sparked ongoing innovation in surgical instruments, methods, and technologies. As a result, the efficacy and safety of MIS treatments have been greatly increased. The adoption of innovative surgical treatments is facilitated in North America by regulatory environments that are supportive and favorable to reimbursement policies.
With its established network of hospitals, outpatient surgical facilities, and highly competent surgeons who are increasingly using MIS procedures, the United States in particular plays a major role in this regional dominance.
Innovations by market players are fueling the expansion of the minimally invasive spine surgery market. For instance, in August 2022, Nexus Spine introduced the PressON posterior lumbar fixation system in the U.S., which features a design that is about one-fourth the size of traditional systems, allowing for quicker implantation and enhanced biomechanical strength. Similarly, in March 2022, Accelus performed a surgery utilizing its Remi Robotic Navigation, LineSider Spinal System, and FlareHawk Expandable Spine Interbody Fusion Device technologies in a single procedure. These technological advancements are anticipated to drive increased demand for minimally invasive spine surgery products, further accelerating market growth in the region during the forecast period.
Product Overview
In 2023, the Implants & instrumentation segment dominated the market with the largest share. The Minimally Invasive Spine Surgery market, segmented by the Product, includes Implants & instrumentation and Biomaterials.
Implants & instrumentation segments leadership is driven by the critical role that implants and specialized instruments play in the success of MIS procedures. Implants & instrumentation are crucial for stabilizing the spine and ensuring accurate, minimally invasive procedures including spinal implants such as cages, rods, screws, and advanced surgical equipment. The need for reliable and effective implants has increased due to the rising demand for difficult surgeries such as spinal fusions, which has strengthened the market. This category includes a broad range of instruments that are essential to minimally invasive spine surgeries and are vital to the accurate and flawless execution of these procedures.
The implants and instrumentation segment is anticipated to hold the lead in the growing Minimally Invasive Spine Surgery market as a result of the ongoing advancements in surgical instruments and the growing complexity of spinal operations, leading to the need for advanced solutions. Advances like patient-specific implants manufactured in 3D space and the incorporation of robotics in spine surgery have improved the accuracy and efficiency of MIS procedures, spurring their widespread adoption. For instance, according to studies, over 500,000 lumbar spine surgeries are performed annually in the United States due to the 80% of Americans who would at some point in their lives have low back pain. The rise in Implants & instrumentation leads to less-invasive tools which enable smaller incisions and short recovery times.
Top Trends
Adoption of Robotic-Assisted Surgery:
Advancements in Imaging and Navigation Technologies:
Personalized and Patient-Specific Implants:
Increased Focus on Pain Management and Enhanced Recovery Protocols:
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Premium Insights
The Minimally Invasive Spine Surgery market is driven by the rising incidence of spinal disorders and the increasing preference for less invasive surgical solutions. Surgical procedures are becoming more and more necessary as the worlds population ages and problems including degenerative disc disease, spinal stenosis, and degenerative discs become more common. Compared to open operations, minimally invasive procedures have many benefits, such as smaller incisions, less blood loss, less pain after surgery, and quicker recovery periods. Because of these advantages, MIS is a very appealing choice for both patients and healthcare professionals, particularly in light of the growing trend of people looking for efficient treatments that shorten hospital stays and encourage quicker return to normal activities. Further encouraging the popularity of MIS operations are technological and surgical developments including robotic-assisted surgery, improved imaging systems, and specialized instruments that have greatly improved the safety, accuracy, and results of MIS procedures.
The market is expanding primarily because surgeons and patients are becoming more aware of and accepting of MIS. The need for MIS is anticipated to increase as more medical professionals receive training in minimally invasive procedures and as patients get greater awareness of the possible advantages of these treatments. By enabling the treatment of more complex spinal disorders with minimally invasive techniques, the growing availability of advanced surgical instruments and the creation of novel, modern devices are also contributing to the expansion of the industry. The popularity of MIS operations is also being aided by the move toward outpatient surgical facilities, which provide affordable alternatives to traditional hospital settings.
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Market Dynamics
The growing demand for minimally invasive spine surgeries is a primary driver of market growth
As the global population ages, the incidence of spinal conditions such as herniated discs, spinal stenosis, and degenerative disc disease is on the rise. These conditions often require surgical intervention, and minimally invasive techniques are increasingly preferred due to their advantages over traditional open surgeries. MIS procedures typically result in smaller incisions, less blood loss, reduced postoperative pain, and quicker recovery times. A growing number of older people are drawn to these advantages as they look for treatments that will improve their quality of life while still being effective. The use of MIS operations has also been accelerated by developments in imaging technologies, surgical instruments, and techniques, which have increased accessibility and safety.
One major restraint is the rising cost of healthcare, which can make advanced surgical procedures prohibitively expensive for many patients
These increased expenses can be difficult for individuals as well as healthcare providers because of the complicated equipment and technology needed for MIS operations. Moreover, adequate medical reimbursement systems that fully reimburse the cost of MIS operations are not present in many areas. Patients' access to these cutting-edge treatments may be limited if they are not able to cover the costs for them out of pocket due to inadequate insurance coverage or government assistance. The adoption of MIS technology may be slowed down by this financial barrier, especially in areas with weak healthcare systems and populations with lower income.
The Minimally Invasive Spine Surgery market is poised for growth, driven by increasing investments in research and development (R&D)
The ongoing focus on R&D is leading to the creation of new and improved surgical techniques, instruments, and devices that enhance the effectiveness and safety of MIS procedures. The capabilities of MIS are being expanded by innovations including biologic materials for spinal fusion, advanced navigation systems, and robotic-assisted procedures. These advancements allow for the treatment of a greater variety of spinal diseases with even less invasiveness. Furthermore, the pace of innovation is being accelerated through partnerships between medical technology businesses, academic institutions, and healthcare providers. This is leading to the development and commercialization of innovative technologies at a faster rate. It is anticipated that this increase in R&D activity will open up new avenues for market expansion as businesses launch next-generation MIS solutions to satisfy the expanding need for better, patient-centered care.
Competitive Landscape
Key companies in the Minimally Invasive Spine Surgery market are consistently innovating and making strategic developments. Innovative equipment and technology are propelling the market ahead, due to companies like Medtronic, Wenzel Spine, and Nexus Spine. With the introduction of the Stable-C cervical interbody fusion implants with integrated anchoring blades by Nexus Spine, Wenzel Spine has increased the scope of its products with the S-LIF Procedure for Stand-alone Lumbar Interbody Fusion utilizing the VariLift-LX apparatus. With the recent CE Mark clearance of the Affera Mapping and Ablation System by Medtronic, these firms are positioned as pioneers in the rapidly changing field of spinal surgery solutions, highlighting the trend towards more accurate and successful treatment alternatives.
The key players in the global Minimally Invasive Spine Surgery market include - Sonoco Products Company, Cryopak Europe, Pelican BioThermal, Cold & Co, ACH Foam Technologies Inc., Saeplast, AccsA’tech, Insulated Products Corporation, TKT GmbH, Snyder Industries, Envirotainer AB among others.
Recent Market Developments
Wenzel Spine Introduces S-LIF Procedure for Lumbar Interbody Fusion Using VariLift-LX Device
Nexus Spine Launches Stable-C Cervical Implants with Integrated Anchoring Blades
Medtronic Secures CE Mark Approval for Affera Mapping and Ablation System for Atrial Arrhythmias
The global Minimally Invasive Spine Surgery market can be categorized as Product, Application, Treatment, End Users and Region.
Source: www.vantagemarketresearch.com
Parameter | Details |
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Product | By Product
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Application | By Application
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Treatment | By Treatment
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End Users | By End Users
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Region | By Region
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Base Year
2023
Historic Year
2018 - 2022
Forecast Year
2023 - 2032
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