Latest News- Minimally Invasive Spine Surgery Market: Fusion surgery is expected to lead the Application segment during 2025-2029

The Minimally Invasive Spine Surgery Market is being driven by Increasing incidence of spinal disorders

The Minimally Invasive Spine Surgery Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1624.9 million. The integration of artificial intelligence (AI) and robotics in minimally invasive spine surgery has significantly transformed the global market, bringing about unprecedented precision and efficiency. Advanced technologies, such as AI-assisted surgical planning and robotic-assisted execution, offer enhanced surgical guidance, real-time feedback, and unparalleled levels of accuracy. These innovations enable sophisticated preoperative imaging analysis, intraoperative navigation, and robotic-assisted precision, empowering surgeons to perform complex spinal interventions with minimal risk and enhanced patient safety. By minimizing the potential for iatrogenic injury, these advancements contribute to improved patient outcomes and increased overall value in the minimally invasive spine surgery market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Fusion surgery
  • Non-fusion surgery
• End-user
  • Hospitals and clinics
  • Ambulatory surgical centers (ASCs)
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia
    • China
    • India
    • Japan
    • South Korea
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing incidence of spinal disorders
• Rising adoption of minimally invasive alternatives
• Rising aging population

However, the market also witnesses some limitations, which are as follows:

• High cost of minimally invasive spine surgery
• Limited number of professionals in minimally invasive spine surgery
• Stringent regulations in minimally invasive spine surgery

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Market Scope in Minimally Invasive Spine Surgery Market Research Report

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Research Analysis Overview

The Minimally Invasive Spine Surgery (MISS) market encompasses advanced technologies and procedures used in treating various spine conditions. Key players include ambulatory surgical centers. Geriatric population growth drives demand due to higher prevalence of degenerative conditions like spinal stenosis, scoliosis, and pressure on spinal nerves. AI, biomaterials (titanium alloys, polymers, biologics), and vertebral bones are integral. Procedures use medical machines, endoscopes, and laparoscopes for joint and nerve access, treating issues such as disc disease, bone spurs, and tumors, while minimizing damage to the spinal cord. Open spine surgery contrasts with MISS's less invasive approach.

Market Research Overview

The Minimally Invasive Spine Surgery (MISS) market is a significant segment of the larger global life science tools and services market. This market encompasses companies and products involved in the research and development (R&D) of capital equipment, instruments, accessories, consumables, and biologics used in MISS procedures. Key drivers for market expansion include the expanding geriatric population, advancements in technology such as artificial intelligence (AI) and biomaterials, and the increasing demand for minimally invasive procedures using titanium alloys, stainless steel, polymers, and biologics. The global healthcare market, which includes the revenue generated by manufacturers of equipment, supplies, pharmaceuticals, biotechnology, and life science tools and services, is projected to experience substantial growth due to these factors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/