The global endoscopic spine market is expected to exceed $1.4 billion by 2032, according to a May 16 news release from Maximize Market Research.
The endoscopic market is projected to grow at a compound annual growth rate of 7.9% from 2024 to 2032. Growth is largely driven by an increasing prevalence of spinal disorders, advancements in minimally invasive surgical techniques and more preference for procedures that have reduced recovery times.
North America leads the market with a significant share, and the Asia-Pacific region is expected to see the fastest market growth. Maximize Market Research also noted recent investments and acquisitions from Stryker, Johnson & Johnson and Medtronic in the endoscopic spine space.