If you have everything you need backed up you can reinstall on a new hard drive and restore everything you need. So you should not be completely fucked. Just an inconvenience you might have to go through. You will lose the stuff not backed up so if any of that is a pain to get again it might be more painful to restore everything.

Others have said some thing you might want to try. But having a spare disk you can swap to is never a bad idea. Disks to fail and you should plan for what to do when they do. Backing up your data is a good first step.

I would say it is not a bad idea to just get a new disk now and go through the process of restoring everything anyway - you can treat it like your disk has failed and do what you would need to do to restore. With the ability to swap back when you need to.

This is a good way to find things you might have missed in your backups.