The soaring advances in the endoscopic spinal surgery procedures and other major driving factors is expected to favor the rise in the global endoscopic spinal surgery market
Reports and Insights has published a new report titled, “Endoscopic Spinal Surgery Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Endoscopic Spinal Surgery Market, By Product Type (Endoscopes, Endoscopic Devices), By Surgery Type (Transforaminal endoscopic lumbar discectomy (TELD), Percutaneous endoscopic cervical discectomy (PECD), Percutaneous endoscopic posterior cervical foraminotomy, Percutaneous endoscopic thoracic discectomy, Interlaminar Endoscopic Surgery, Endoscopic Visualized Rhizotomy), By Technology (2D Endoscopic Spinal Surgery Devices, 3D Endoscopic Spinal Surgery Devices), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Spinal Clinics) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global endoscopic spinal surgery market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.
Endoscopic spinal surgery can be perceived as a non-intrusive approach in order to carry out intricate spinal surgeries with the aid of an endoscope. Endoscope basically is a medical tool primarily utilized by surgeons in order to take a glimpse of internal body parts. Notably, endoscope spinal surgeries are proven to be extremely quick as well as painless in comparison to the conventional spinal surgeries.
One of the major factors that is primarily driving the demand of endoscopic spinal surgery all across the world is its potential of lower collateral tissue damage. Mitigating the extent of trauma, tissue injury, and post-operative pain are considerably important to hone any patient’s recovery from back surgery. Thus, according to the data, there are about 1.62 million instrumented spinal approaches carried out every year in the United States. Attributing to which, the global endoscopic spinal surgery market is expected to rise rapidly over the forthcoming years.
Moreover, endoscopic spine surgery is considered a forward-looking, avant-garde kind of minimally invasive spine surgery intended to offer the patient lesser recurring pain and a faster recovery time in comparison to the conditional spine surgery techniques.
In the course of time, the world has witnessed excellent strides in spine surgery technology, instrumentation, equipment, and approaches. In addition to that, endoscopic spine surgery (ESS) is, in present times, the prime illustration of how far the healthcare sector has come in the surgical treatment of the patients with neck and back pain. Such factors are further estimated to boost the growth of the global endoscopic spinal surgery market in the following years.
Furthermore, ESS also has the potential to aid in preserving regular scale of spine mobility post-operatively. In some instances, the ESS approach can also be carried out using regional anesthesia rather than general anesthesia, reducing the complete medical risks in patients who are aged or/and have coexisting medical diseases that is likely to elevate surgical risk. Thus, owing to all such factors, the global endoscopic spinal surgery market is projected to witness significant growth over the coming years.
Reports and Insights Study identifies some of the key participating players in the endoscopic spinal surgery market globally are Johnson & Johnson, Medtronic PLC., MedicalTek Co., Ltd., Schölly Fiberoptic GmbH, Stryker Corporation, Zimmer Biomet Holdings, Inc., Joimax GmbH, Olympus Corporation, among others.
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