2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theSpinal Cord Stimulation Market?

The growth of the spinal cord stimulation market is being driven by the rising incidence of spinal cord injuries. These injuries, which can involve damage to the spinal cord or nerves at the end of the spinal canal, are typically caused by trauma or domestic accidents. Spinal cord stimulation, a treatment that applies low-voltage electricity to the spinal cord to relieve pain, is used to manage these injuries. For example, data from the National Library of Medicine, a US government library, in May 2022 indicates that spinal cord injuries impact between 250,000 and 500,000 people globally every year. Additionally, each year in the US sees about 17,000 new cases of spinal cord injuries, and it’s estimated that 282,000 Americans are living as spinal cord injury survivors. Thus, the escalating incidence of these injuries is fuelling the expansion of the spinal cord stimulation market.

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#What Are the Key Projections for the CAGR of the Spinal Cord Stimulation Market From 2025 to 2034?

The market for spinal cord stimulation has seen significant growth in the past years. The market is projected to expand from a size of $3.14 billion in 2024, reaching $3.42 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 8.8%. The market’s historical growth has been driven by factors such as an aging population, escalating incidence of chronic pain, increased awareness regarding spinal cord stimulation, and rising demand for non-invasive methods of pain management.

In the coming years, the spinal cord stimulation market is anticipated to experience robust expansion. Its expected growth is up to $4.78 billion by the year 2029 with a compound annual growth rate (CAGR) of 8.7%. The estimated growth for the projected period can be associated with the emergence of pioneering stimulative therapies, extended applications for spinal cord stimulation, escalating demand for minimally invasive operations, enhanced investment in research and development, and reimbursement policies. Significant trends within the projection period encompass the incorporation of artificial intelligence within spinal cord stimulation apparatus, the rise of non-paraesthesia-based stimulation, efforts to strengthen market presence in emerging economies, the use of rechargeable stimulators, and placing importance on patient-centric methodologies in product development.

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Which Cutting-Edge Market Trends Are Expected to Drive theSpinal Cord Stimulation Market’s Growth?

The advancement of technology is an emerging trend gaining traction in the spinal cord stimulation market. Prominent firms in the spinal cord stimulation market are committed to pioneering technologically sophisticated solutions to ensure their market dominance. For example, in December 2022, Abbott Laboratories, a medical device company based in the U.S., introduced the Eterna spinal cord stimulation system dedicated to chronic treatment. This is the smallest implantable, rechargeable spinal cord stimulator for chronic pain management currently available in the market. The Eterna SCS employs Abbott’s low-dose BurstDR stimulation, the single SCS waveform technology with the topmost level of clinical evidence (1A evidence). This has been indicated to alleviate pain 23% more efficiently than conventional waveform technology methods.

What Are the Leading Market Players Impacting theSpinal Cord Stimulation Market’s Growth Trend?

Major companies operating in the spinal cord stimulation market include Abbott Laboratories, Medtronic PLC, Stryker Corporation, Boston Scientific Corp., LivaNova PLC, Globus Medical Inc., ZimVie Inc., Avanos Medical Inc. , Nevro Corp., Axonics Modulation Technologies Inc., SPR Therapeutics Inc., BlueWind Medical, Bioness Inc., Saluda Medical Pty. Ltd., Soterix Medical Inc., Synapse Biomedical Inc., NeuroMetrix Inc., NDI Medical LLC, Neuros Medical Inc., Cirtec Medical Corp., Mainstay Medical International plc, Gimer Medical

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How Are the Key Segments of the Spinal Cord Stimulation Market Driving Opportunities and Innovations?

The spinal cord stimulation market covered in this report is segmented –

1) By Product: Rechargeable, Non-rechargeable

2) By Application: Failed Back Surgery Syndrome (FBSS), Degenerative Disc Disease (DDD), Complex Regional Pain Syndrome (CRPS), Arachnoiditis, Other Disease Indications

3) By End User: Hospitals, Ambulatory Surgery Centers, Specialty Clinics

Subsegments:

1) By Rechargeable: Implantable Pulse Generators (IPGs), Rechargeable Lead Systems

2) By Non-Rechargeable: Non-Rechargeable Implantable Pulse Generators (IPGs), Non-Rechargeable Lead Systems

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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theSpinal Cord Stimulation Market?# Market Expansion?

North America was the largest region in the spinal cord stimulation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spinal cord stimulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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