Minimally Invasive Spine Surgery Market Analysis, Size, Trends | United States | 2019-2025 | MedSuite (Includes 9 Reports)
- Year: 2019
- Scope: 2015-2025
- Region: United States
- Published Date: 6/3/2019
- Pages: 330
- Type: MedSuite
Overall, the U.S. minimally invasive spinal implants market was valued at $1.8 billion in 2018. This is expected to increase over the forecast period at a CAGR of 3.3% to reach $2.26 billion by 2025.
One of the key drivers for the MIS spinal device market is the increase in the target population, which is composed of aging baby boomers. The majority of procedures are usually performed on
individuals over the age of 60. This age group is the fastest-growing demographic cohort in the United States.
The MIS interbody market continues to see a shift toward OLIF and LLIF devices and away from MIPLIF and MITLIF devices. The oblique and lateral lumbar approaches are expected to see more
growth than their posterior and transforaminal lumbar counterparts, although positive growth is expected across segments.
The fastest growing segment in 2018 was the spine endoscopy segment. This was the result of both endoscope and endoscope instrumentation sales. Spine endoscopes are visualization instruments that allow for an MIS approach to various procedures. By allowing direct visualization into the spinal canal, these endoscopes facilitate the investigation of nerve compression, inflammation, scarring or abnormalities in the spinal space. In recent years, technological advancements in digital imaging have led to the use of high definition (HD) cameras in conjunction with spine endoscopes. This market is expected to see the highest CAGR overall. However, this segment also makes up by far the smallest in terms of procedures and unit sales.
Major Segments Covered in the Minimally Invasive Spine Surgery Market Report Suite
While this report suite contains all data, each of the markets are also available as stand alone MedCore reports. This allows you to get access to only the research that you need. You can view all these included reports and segmentation here:
- Procedure Numbers for Minimally Invasive Spine Surgery – MedPro: Using a number of databases, internal and external, we’re able to provide you with the total volume of peripheral vascular procedures being performed for each of the markets mentioned in this suite of reports.
- MIS Interbody Devices Market – MedCore: Covers segmentation in the Minimally invasive posterior lumbar interbody fusion (MIPLIF), Transforaminal lumbar interbody fusion (TLIF), Minimally invasive TLIF (MITLIF), lateral lumbar interbody fusion (LLIF), lateral interbody fusion (DLIF®), extreme lateral interbody fusion (XLIF®), lateral interbody fusion (GLIF™), and oblique lateral interbody fusion (OLIF) device markets.
- MIS Pedicle Screws Market – MedCore: Covers segmentation in the Percutaneous MIS Systems and Retractor-Based MIS Systems device markets.
- Spinous Process Fixation Market – MedCore: Several spinal fixation systems exist for stabilizing the spine so that bony fusion can be achieved. The majority of these fixation systems use rods that attach to screws that are threaded into the vertebral bodies or the pedicles.
- Facet Fixation Market – MedCore: As representative of another emerging technology in the minimally invasive field, the facet fixation market will experience growth trends similar to the spinous process fixation market. The market has experienced high initial growth over the last five years, which has been attributed to increasing awareness of the procedure, as well the entrance of new competitors, and new products, into the market.
- MIS Sacroiliac Joint Fusion Market – MedCore: One important factor in the future growth of the sacroiliac joint fusion market is the new information surrounding adjacent segment disease. Following a lumbar fusion procedure, whether it was or was not the primary cause of the low back pain, a significant proportion of patients eventually note discomfort or pain in the low back. This can be attributed to the effects of the lumbar fusion, which leads to heightened levels of stress and motion across the sacroiliac joint.
- Spinal Endoscopy Market – MedCore: The spine endoscope market is broken down into two segments, endoscopes and instrumentation. There is a growth in procedural numbers for endoscopic discectomies, laminectomies and foraminotomies, as patients who had previously held off on surgery because of the invasive nature of traditional methods are getting procedures done.
- MIS Instrumentation Market – MedCore: This report considers instrumentation products not included in previous segments. Examples include scalpels, catheters, rongeurs, clamps, forceps, retractors and cannula, in addition to other products. Due to the high variation in costs and products used in any given procedure, this segment will consider an average cost of all such instruments used in a typical procedure.
Buying all of these reports together in this suite package will provide you with substantial discounts from the separate prices. Request Pricing to Learn More
Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2025, and Historical Data to 2015
- Market Drivers & Limiters for Each Device Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Procedure Volumes
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- Related Press Releases from Top Competitors
Minimally Invasive Spine Surgery Market Share Insights
Medtronic led in overall shares in the U.S. minimally invasive spine market in 2018, but only slightly more than Nuvasive. The company has established this role through strong performance in most segments, particularly the MIS interbody devices, MIS pedicle screw, spinous process fixation, facet fixation and MIS instrumentation markets. Medtronic was not present in the spine endoscope markets.
Nuvasive has experienced strong growth and has the leading share in the MIS interbody device segment, as well as shares in the MIS pedicle screw, spinous process fixation, facet fixation and MIS instrumentation segments. NuVasive was not present in the MIS sacroiliac or spine endoscope markets.
Other leading competitors in the U.S. include DePuy Synthes, Globus Medical, Stryker, SI-BONE, Richard Wolf and others, as well as a large number of smaller companies. The majority of competitors in the U.S. minimally invasive spine market are small companies with market shares of 2% or less.
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