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The global endoscopic spinal surgery market was valued at US$ 573.6 Mn in 2020, and is expected to exhibit a CAGR of over 8% through the forecast period (2021 u2013 2031).
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Endoscopic Spinal Surgery Market Report Id : PMRREP19993 Category : Life Science & Healthcare ©2020 Persistence Market Research, All Rights Reserved
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The Projected CAGR For Endoscopic Spinal Surgery Market To Be 8% Between 2021 - 2031 The global endoscopic spinal surgery market was valued at US$ 573.6 Mn in 2020, and is expected to exhibit a CAGR of over 8% through the forecast period (2021 – 2031). Rise in cases of spinal surgeries due to growing instances of road accidents has resulted in growth of the market, and an increasing geriatric population will further drive demand over the coming years. There are 1.62 Mninstrumented spinal procedures performed in the U.S. every year. Also, demand for minimally invasive procedures has increased in the last few years. It is mainly due to less pain and fast recovery. Launch of innovative technologies in the healthcare sector will lead to market growth. A steady growth of investments in emerging economies and better reimbursement policies will attract manufacturers to expand their offering in developing regions. Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/19993
Key Takeaways from Market Study • Endoscopic devices account over 67% market share, globally, as they are used for spinal injury surgeries. • In terms of end user, hospitals contribute to a large share in the market due to higher footfall of patients and number of surgical procedures. • The region of North America is dominant in the global market for endoscopic spinal surgery, and will continue to remain the most lucrative regional market over the forecast period. • “Endoscopic spinal surgery is witnessing growing demand in developed and emerging economies due to high prevalence of spinal injuries and increasing road accidents. Advanced technologies are attracting more end users in this space,” says an analyst of Persistence Market Research. Access Full Report @ https://www.persistencemarketresearch.com/checkout/19993