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 levels of precision and efficiency. Advanced preoperative imaging analysis, intraoperative navigation, and robotic-assisted precision are now integral components of these procedures, offering surgeons unparalleled benefits. AI and robotics provide real-time feedback, enhanced visualization, and improved surgical guidance, enabling surgeons to execute complex spinal interventions with minimal risk of iatrogenic injury and enhanced patient safety. These advancements have revolutionized the minimally invasive spine surgery landscape, offering superior patient outcomes and setting new industry standards. 

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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)
• Product Type
  • Implants & instrumentation
  • Biomaterials
  • Implants & instrumentation
  • Biomaterials
• Treatment
  • Lumbar Disc Herniation
  • Thoracic Disc Herniation
  • Spinal Stenosis
  • Degenerative Spinal Disease
  • Others
  • Lumbar Disc Herniation
  • Thoracic Disc Herniation
  • Spinal Stenosis
  • Degenerative Spinal Disease
  • Others
• 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 various techniques and technologies, including spine stabilization, spinal implants, spinal cord stimulation, intradiscal electrothermal therapy, radiofrequency ablation, and spine surgery certification. Patient-reported outcome measures and cost-effectiveness analysis are crucial in evaluating the success of these interventions. Bioresorbable spinal implants and effective spine surgery rehabilitation are also key components of the MISS market.

Market Research Overview

The Minimally Invasive Spine Surgery (MISS) market is a significant segment of the global life science tools and services industry. This market encompasses companies specializing in the research and development, manufacturing, and sales of robotic surgery systems, navigation systems, image guidance technology, and related instruments and consumables for spinal fusion procedures. The global life science tools and services market is projected to experience substantial growth, driven by the aging population, with an increasing number of individuals over 60 years old. This demographic trend will result in a higher demand for MISS procedures due to their minimally invasive nature, faster recovery times, and reduced risk of complications compared to traditional open spine surgeries. Additionally, advancements in technology, such as robotics and image guidance systems, are further fueling the growth of the MISS market.. 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/