The global MIS implant market was valued at nearly $4 billion in 2024. This is expected to increase over the forecast period at a CAGR of 5.9% to reach nearly $6 billion in 2031.
The full report suite on the global market for minimally invasive spinal (MIS) implants includes the MIS interbody devices, MIS pedicle screws, spinous process fixation, facet fixation, sacroiliac (SI) joint fusion, spine endoscopes and MIS surgery instrumentation.
This report includes data for 65+ countries across 7 different regions. These regions are North America, Latin America, Western Europe, Central & Eastern Europe, Middle East, Asia-Pacific, and Africa.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2024
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL MINIMALLY INVASIVE SPINAL IMPLANTS MARKET TRENDS
- The spine endoscope market is the fastest-growing segment globally, driven by technological advancements and expanding procedural applications.
- In contrast, spinous process fixation remains the smallest segment and is projected to grow at the lowest rate due to limited clinical indications.
GLOBAL MINIMALLY INVASIVE SPINAL IMPLANT MARKET SHARE INSIGHTS
1. Globus Medical / NuVasive - Market Leader
- Leading competitor in the global MIS implant market in 2024.
- Merged in early 2024 in a strategic "merger of equals."
- Combined strengths to become a stronger force in the minimally invasive spinal implant market.
- Integrated product portfolios, R&D capabilities, and global reach.
- Focused on accelerating innovation and expanding presence in key global markets.
2. Medtronic - Second-Largest Competitor
- Second-leading competitor in the global MIS implant market.
- Held the second-leading position in the MIS interbody device segment.
- Held the leading position in the MIS pedicle screw segment.
- Ranked third in the facet fixation and spinous process fixation segments.
3. DePuy Synthes - Third-Largest Competitor
- Market share driven by:
- Leading position in the facet fixation segment.
- Third-leading position in the MIS interbody segment.
MARKET SEGMENTATION SUMMARY
- MIS Interbody Device Market - Further Segmented Into:
- Device Type: MIPLIF, MITLIF, LLIF, and OLIF
- MIS Pedicle Screw Market
- Spinous Process Fixation Market
- Facet Fixation Market
- SI Joint Fusion Market
- Spine Endoscope
- Minimally Invasive Spinal Surgery Instrumentation
GLOBAL RESEARCH SCOPE
- Regions
- North America (Canada, United States)
- Latin America (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela)
- Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom)
- Central & Eastern Europe (Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine)
- Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
- Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam)
- Africa (Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
- Base Year
- Forecast
- Historical Data
- Quantitative Coverage
- Market Size
- Market Shares
- Market Forecasts
- Market Growth Rates
- Units Sold
- Average Selling Prices
- Qualitative Coverage
- Market Growth Trends
- Market Limiters
- Competitive Analysis & SWOT for Top Competitors
- Mergers & Acquisitions
- Company Profiles
- Product Portfolios
- FDA Recalls
- Disruptive Technologies
- Disease Overviews
- Data Sources
- Primary Interviews with Industry Leaders
- Government Physician Data
- Regulatory Data
- Hospital Private Data
- Import & Export Data
- iData Research Internal Database