Endoscopic Spinal Surgery Market Expected to Reach $1.6 Billion by 2035

According to a new report published by Allied Market Research, titled, “Endoscopic Spinal Surgery Market," The endoscopic spinal surgery market was valued at $690.3 million in 2023, and is estimated to reach $1612.87 million by 2035, growing at a CAGR of 7.3% from 2024 to 2035.

Endoscopic spinal surgery is a minimally invasive procedure used to treat spinal conditions such as herniated discs, spinal stenosis, and degenerative disc disease. It involves inserting a small tube with a camera (endoscope) through a tiny incision, allowing surgeons to visualize and operate on the spine with minimal disruption to surrounding tissues. This technique reduces blood loss, minimizes muscle damage, and leads to faster recovery compared to traditional open surgery. Patients typically experience less postoperative pain and shorter hospital stays. The procedure is performed under local or general anesthesia, depending on the complexity of the condition. Advancements in imaging technology and surgical instruments have enhanced the precision and effectiveness of endoscopic spinal surgery, making it a preferred option for many patients.

The endoscopic spinal surgery market growth is driven by rise in prevalence of spinal disorders, increase in demand for minimally invasive procedures, and advancements in endoscopic technologies drive the endoscopic spinal surgery market trends. Rise in aging population, which is more susceptible to conditions such as degenerative disc disease and herniated discs, has led to a higher demand for spinal interventions. Minimally invasive techniques, including endoscopic spinal surgery, offer reduced hospital stays, faster recovery times, and lower risks of complications compared to traditional open surgeries, further boosting their adoption. In addition, rise in awareness among patients and healthcare providers regarding the benefits of endoscopic spinal surgery, along with favorable reimbursement policies in certain regions, contributes to market expansion. Increase in the number of skilled surgeons specializing in these procedures and rise in investments by medical device companies in R&D propel endoscopic spinal surgery market opportunity.

On the basis of product type, the endoscopic spinal surgery industry is divided into endoscopes and endoscopic devices. The endoscopic devices segment was the major revenue contributor in 2023. This is attributed to increase in preference for minimally invasive procedures. Endoscopic devices play a crucial role in enabling precise surgical interventions with minimal tissue disruption, reducing postoperative complications, and leading to faster patient recovery. However, the endoscopes segment is expected to register the highest CAGR during the period owing to technological advancement in the endoscopes and rise in R&D on endoscopes for multiple surgical application.

On the basis of procedure type, the endoscopic spinal surgery industry is divided into transforaminal endoscopic procedures, interlaminar endoscopic procedures, endoscopic posterior foraminotomy & cervical discectomy, and endoscopic visualized rhizotomy. The transforaminal endoscopic procedures segment was the major revenue contributor of endoscopic spinal surgery market size in 2023. This is attributed to its minimally invasive nature, reduced recovery time, and high success rates in treating spinal disorders. Transforaminal endoscopic procedures involve accessing the spine through the foramen, minimizing damage to surrounding tissues and reducing postoperative complications. Increase in prevalence of spinal conditions, such as herniated discs and spinal stenosis, drives the demand for transforaminal approaches, as they offer effective pain relief with shorter hospital stays. Advancements in endoscopic technology, including high-definition visualization and improved instrumentation, have further enhanced procedural precision, leading to better clinical outcomes.

However, the interlaminar endoscopic procedures segment is expected to register the highest CAGR during the forecast period owing to its advantages in treating lumbar spinal conditions with minimal invasiveness. Interlaminar endoscopic procedures provide direct access to the spinal canal through a posterior approach, reducing the risk of nerve damage and allowing for precise decompression. Increase in prevalence of degenerative spine disorders, coupled with the rise in geriatric population, contributes to surge in adoption of interlaminar endoscopic procedures.

On the basis of end user, the market is segmented into hospitals & clinics and ambulatory surgical centers. The hospitals and clinics segment was the highest revenue contributor in 2023. This is attributed to the high volume of spinal procedures performed in these settings, availability of advanced medical infrastructure, and presence of skilled healthcare professionals. Hospitals and specialized clinics are well-equipped with state-of-the-art endoscopic surgical systems, imaging technologies, and sterilization facilities, ensuring precision and safety during procedures. However, the ambulatory surgical centers segment is expected to register the highest CAGR during the forecast period owing to surge in trend toward outpatient procedures. 

On the basis of region, North America accounted for a majority of the endoscopic spinal surgery market share in 2023. This is attributed to the high prevalence of spinal disorders, increase in adoption of minimally invasive surgical techniques, and well-established healthcare infrastructure in the region. The region benefits from a strong presence of key market players, extensive R&D activities, and favorable reimbursement policies that encourage the adoption of advanced surgical procedures. In addition, rise in geriatric population, which is more susceptible to degenerative spinal conditions, further drives market demand.

However, Asia-Pacific is anticipated to witness the fastest growth during the endoscopic spinal surgery market forecast period owing to rise in prevalence of spinal disorders, increase in healthcare expenditure, and surge in awareness of minimally invasive spinal surgeries. The region has witnessed rapid advancements in healthcare infrastructure, particularly in countries such as China, India, and South Korea, where investments in medical technology are expanding. In addition, increase in availability of skilled surgeons, improved access to healthcare services, and increase in number of medical tourism initiatives contribute to endoscopic spinal surgery market growth.

Key findings of the study

• By product type, the endoscopic devices segment was the highest contributor to the endoscopic spinal surgery market share in 2023, whereas the endoscope segment is expected to grow at the highest CAGR during the forecast period.
• By procedure type, the transforaminal endoscopic procedures segment was the highest contributor to the endoscopic spinal surgery market size in 2023, whereas the interlaminar endoscopic procedures segment is expected to at the highest CAGR during the forecast period.
• Depending on end user, the hospitals and clinics segment was highest contributor in 2023, whereas the ambulatory surgical centers is expected to grow at the fastest rate during the forecast period.
• Region wise, North America garnered the largest revenue share in 2023, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.