Europe Spinal Surgery Devices Market Size

Statistics for the 2023 & 2024 Europe Spinal Surgery Devices market size, created by Mordor Intelligence™ Industry Reports. Europe Spinal Surgery Devices size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Spinal Surgery Devices Industry

Europe Spinal Surgery Devices Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.30 %

Major Players

Europe Spinal Surgery Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Spinal Surgery Market Analysis

The European spinal surgery devices market is expected to register a CAGR of 6.3% over the forecast period.

COVID-19 affected Europe and has had a major impact on the healthcare system. The COVID-19 outbreak has resulted in many changes in European healthcare practice, especially in spine surgery. Due to the strict lockdown and policies, medical healthcare providers and material resources were relocated to deal with this unexpected emergency.For instance, an article published by PubMed in November 2021 reported a 75% reduction in the availability of medical equipment, and this pandemic resulted in comparable restrictive measures for spinal surgical departments in central Europe. The COVID-19 pandemic resulted in comparable restrictive measures for spinal surgical departments in central Europe; however, the market showed significant traction within a few months as the reduction in COVID-19 cases was reported, and currently, it is expected to experience growth due to the growing demand for minimally invasive spinal surgical procedures in the region.

The European spinal surgery devices market has shown healthy growth, owing to the increasing demand for minimally invasive surgical procedures, the growing burden of obesity, the aging population and associated spine disorders, and continuous advancements in spine surgery technologies.

Spine disorders (SD) and the associated pain are found to be major medical, social, and economic problems because of their high prevalence and the ever-increasing number of patients among the elderly population. In the majority of cases of spinal disorder, patients experience pseudoradicular pain, which is caused by degenerative changes in the spine, involving the intervertebral discs, facet joints, and soft tissues.For instance, in January 2021, an article published by PubMed reported that the total hereditary neuromuscular disorder (HNMD) prevalence in this study was higher than the prevalence of hereditary neuromuscular disorder (HNMD) in hypothetical estimates made from studies across Europe.

Also, the European region witnessed a high proportion of the geriatric population compared to the total population. Spinal surgeries are most common in people over the age of 65.For instance, in September 2021, an article published by Europe PMC reported that neurological conditions are highly prevalent and disabling in the elderly. The Italian population has witnessed sharp aging, and it is thus expected that there will be a rising trend in the incidence, prevalence, and disability of these neurological conditions. Furthermore, technological advancements by key market players are propelling the market in the region.

Thus, due to the aforesaid factors, such as the aging population and associated spine disorders, and continuous advancements in spine surgery technologies, the market is expected to show significant growth over the forecast period. However, the high cost and time involved in treatment procedures and reimbursement issues may slow down market growth.

Europe Spinal Surgery Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)