Global Spinal Laminoplasty Market Size and Trends
The global spinal laminoplasty market size is expected to reach US$ 7.75 Bn by 2030, from US$ 5.75 Bn in 2023, exhibiting a CAGR of 4.4% during the forecast period.
Global Spinal Laminoplasty Market- Trends
- Adoption of MIS techniques over open surgeries: The adoption of minimal invasive spine surgery (MISS) techniques over traditional open spinal surgeries is having a significant influence on the spinal laminoplasty market. With advancements in technology, doctors now have improved tools and smaller incisions to access and treat spinal conditions. This has led to greater acceptance of spinal laminoplasty procedures among both patients and surgeons.
- Increase in ambulatory surgery centers: The rise of ambulatory surgery centers is having a significant impact on the spinal laminoplasty market. Ambulatory surgery centers or ASCs are modern medical facilities focused on providing surgical care to patients on an outpatient basis rather than admitting them to the hospital as inpatients. They aim to perform surgeries more efficiently and at a lower cost compared to traditional hospital-based procedures. ASCs are transforming spinal procedures like laminoplasty which previously required a hospital stay but can now often be done safely on an outpatient basis. This trend is very appealing to patients as ASC care allows them to avoid an overnight hospital admission. It reduces inconvenience and improves the patient experience. For surgeons and facilities as well, ASCs allow them to perform more scheduled spine cases with less overhead expenses compared to hospitals. As a result, ASCs have experienced rapid growth over the past decade.