The Global Spinal Laminoplasty Market to grow at highest pace owing to rising geriatric population

The global spinal laminoplasty market involves a surgical procedure that aims to avoid narrowing the spinal canal by enlarging it without fusion. Spinal laminoplasty is a technique in which the lamina is split open while maintaining connectedness and thus opens up the spinal canal to relieve pressure on the spinal cord. The procedure is associated with advantages such as less blood loss and reduced surgical risk as compared to laminectomy. With the growing geriatric population globally that is more prone to spinal conditions such as cervical myelopathy and lumbar spinal stenosis, the need for minimally invasive spinal decompression surgeries like spinal laminoplasty is rising.

The Global spinal laminoplasty Market is estimated to be valued at US$ 5.75 BN in 2024 and is expected to exhibit a CAGR of 4.3% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the global spinal laminoplasty market are DePuy Synthes, Zimmer Spine, Medtronic, Raymedica, Replication Medical, Vertebral Technologies, NP Solutions, Arthro Kinetics, Pioneer Surgical Technologies, Cryo Life, and Synthes Spine. Key players like DePuy Synthes and Medtronic hold a significant market share owing to their robust product portfolio and global presence.

The demand for spinal laminoplasty is growing owing to the rising prevalence of spinal disorders such as cervical spondylotic myelopathy and ossification of the posterior longitudinal ligament. With growing health awareness and improving access to healthcare facilities, the adoption of advanced minimally invasive techniques like spinal laminoplasty is increasing globally.

Recent advancements in laminoplasty devices with 3D printing technology aid in accurate implantation and improved clinical outcomes. The availability of customized implants specific to patient anatomy further optimizes the surgical procedure and recovery. Adoption of robotic systems for spinal laminoplasty enhances dexterity, visualization, and precision during surgery.

Market Trends

- Increased acceptance of minimally invasive procedures: With enhanced recovery profiles and less surgical trauma, spinal laminoplasty is gaining acceptance over the conventional laminectomy. Growing preference for MI techniques among patients and surgeons is a key trend.

- Emergence of ambulatory spinal surgery: Trend of performing same-day spinal surgeries in ambulatory settings is gaining momentum to reduce healthcare costs and improve access to care. This increases the feasibility of spinal laminoplasty procedures globally.

Market Opportunities

- Untapped emerging markets: Regions like Asia Pacific, Latin America, Middle East and Africa offer high growth opportunities owing to growing unmet clinical needs, and increasing healthcare expenditure.

- Favorable regulatory environment: Regulatory policies supporting novel laminoplasty devices and robotic systems are encouraging industry players to develop advanced solutions. This augments product innovation and further drives the market growth.

Impact of COVID-19 on Global Spinal Laminoplasty Market

The global spinal laminoplasty market size has witnessed a major decline during the COVID-19 pandemic. During the initial lockdown phase in 2020, all non-emergency surgeries were postponed to support the healthcare infrastructure in combating the virus. This led to a substantial decrease in the volume of spinal laminoplasty procedures performed globally. However, as the lockdowns eased in 2021 many elective surgeries including spinal laminoplasty resumed.

Despite the recovery, new challenges have emerged for the market. The pandemic has negatively impacted the global economy leading to job losses and a decline in disposable income for many. This has made patients more cautious about elective procedures due to financial constraints. Moreover, the risk of virus exposure during hospital visits discourages patients from undergoing non-urgent surgeries. Healthcare providers are also focusing more on COVID-19 patients straining other resources.

To boost the market, companies are offering virtual consultations and exploring at-home recovery options to provide affordable and safer care. Healthcare systems are implementing strict safety protocols to reassure patients. Telehealth is helping facilitate remote consultations and post-op checkups. The development of minimally invasive techniques can further aid recovery. While short term growth was muted, focus on innovative solutions and easing pandemic severity can help the market recover lost demand over the long run.

The North American region accounts for the largest share of the global spinal laminoplasty market in terms of value. Advanced healthcare infrastructure, availability of reimbursements, high obesity rates leading to spine issues and growing geriatric population are major demand drivers in the region. The presence of prominent medical device manufacturers also supports market growth.

The Asia Pacific region is poised to be the fastest growing market for spinal laminoplasty globally. Rising healthcare investments, growing medical tourism industry, increasing income levels and awareness about spine care are fueling the adoption of laminoplasty procedures. In addition, a large patient pool coupled withgrowing prevalence of spine disorders and injuries indicates strong future potential in Asia Pacific.