The global endoscopic spine surgery market is predicted to hit a compound annual growth rate of 8 percent from 2021 to 2031, according to a July 16 report from Persistence Market Research.
Four details:
1. The market for endoscopic spine surgery was valued at $573.6 million in 2020.
2. An increase in spine surgeries and minimally invasive procedures is a key factor in market growth.
3. Endoscopic devices account for more than 67 percent of market share.
4. North America is dominant in the global market for endoscopic spine surgery. Hospitals contribute to a large share of the market.