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Increasing Prevalence Of Chronic Pain Driving Demand For Advanced Pain Management Solutions Driver: A Crucial Influence on the Spinal Cord Stimulation Devices Market's Transformation in 2025

02-20-2025 10:40 AM CET | Health & Medicine

Press release from: The Business Research Company

Spinal Cord Stimulation Devices Market Size

Spinal Cord Stimulation Devices Market Size

What Is the Expected Size and Growth Rate of the Spinal Cord Stimulation Devices Market?
The market size for spinal cord stimulation devices has seen robust growth in recent years. The market is set to rise from $2.74 billion in 2024 to $2.99 billion in 2025, showcasing a compound annual growth rate (CAGR) of 9.01%. The past growth can be owed to enhanced clinical results and patient contentment, elevated awareness about pain management alternatives, an upsurge in reimbursement assistance, ascension in clinical research and regulatory validations, and expansion in institutes for pain management.

In the upcoming years, a robust growth is anticipated in the market size of spinal cord stimulation devices. It's projected to escalate to $4.18 billion in 2029 with a compound annual growth rate (CAGR) of 8.75%. The expansion in the predicted period can be associated with the rising prevalence of chronic pain conditions, the growing desire for non-opioid pain control solutions, an increasing geriatric population, and favorable reimbursement policies. Additional contributors include the rising uptake of wireless and rechargeable devices, alongside an increased understanding of neuromodulation therapies among healthcare professionals and patients. The forecasted period will witness trends including progress in minimally invasive technologies, enhancement in wireless and rechargeable devices, advancement in frequency stimulation, the adoption of closed-loop feedback systems, the integration of wireless connectivity, the availability of advanced waveform options, and the development of personalized pain management systems.

What Factors Are Fueling Growth in the Spinal Cord Stimulation Devices Market?
The increasing incidence of chronic pain is anticipated to fuel the expansion of spinal cord stimulation devices market. Chronic pain typically implies enduring pain that persists for 12 weeks or longer, originating from conditions such as arthritis, neuropathy, or lower back pain. The escalation in chronic pain incidents is due to various elements including an aging population, lifestyle modifications, chronic health disorders, and injury or trauma. Spinal cord stimulation (SCS) devices help lessen chronic pain by disrupting pain signals with electric impulses, offering comfort for continuous conditions. For instance, the Centers for Disease Control and Prevention, an American government agency, reported in November 2024 that 24.3% of adults experienced chronic pain in 2023, with 8.5% suffering from high-impact chronic pain, representing 34.9% of those with chronic pain. As such, the mounting incidents of chronic pain are propelling the growth of the spinal cord stimulation devices market.

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Which Leading Companies Are Shaping the Growth of the Spinal Cord Stimulation Devices Market?
Major companies operating in the spinal cord stimulation devices market are Abbott Laboratories, Medtronic plc, Boston Scientific Corporation, Nevro Corp., Bluewind Medical, NeuroPace Inc., Vertos Medical Inc., SPR Therapeutics Inc., Saluda Medical Pty Ltd., Stimwave Technologies Inc., Nuvectra Inc., Soterix Medical Inc., Synapse Biomedical, ONWARD Medical NV, NeuroSigma Inc., Nalu Medical Inc., Neurostim Technologies, SpineX Inc., Aleva Neurotherapeutics SA, GTX Medical BV

How Is the Spinal Cord Stimulation Devices Market Evolving?
Leading businesses in the spinal cord stimulation devices market are prioritizing the creation of revolutionary technologies, such as rechargeable spinal cord stimulation systems, as a strategy to enhance patient results, extend device lifespan, and offer customized pain management solutions to those dealing with chronic pain. Rechargeable spinal cord stimulation (SCS) systems are sophisticated medical equipment intended to control chronic pain by transmitting electrical pulses to the spinal cord. For instance, Abbott Laboratories, a medical device manufacturing firm based in the US, attained US Food and Drug Administration (FDA) approval in December 2022 for its Eterna spinal cord stimulation (SCS) system, an extraordinary solution for chronic pain management. This novel device offers increased comfort and diminished physical strain for patients, thanks to its compact design and cutting-edge functionality. With its rechargeable component, the system has extended usability, reducing the need for surgical interventions, and thus promoting convenience. It is designed with accurate stimulation capabilities for personalized pain relief according to each patient's unique needs. The system's sleek design enables minimally invasive insertion, cutting down recovery time and enhancing the overall patient experience.

What Are the Key Segments of the Spinal Cord Stimulation Devices Market?
The spinal cord stimulation devices market covered in this report is segmented -

1) By Type: Implantable Spinal Cord Stimulators, Non-Implantable Spinal Cord Stimulators
2) By Product Type: Rechargeable Devices, Non-Rechargeable Devices
3) By Application: Failed Back Surgery Syndrome, Complex Regional Pain Syndrome, Degenerative Disc Disease, Unsuccessful Disk Surgery, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Neuro Clinics

Subsegments:
1) By Implantable Spinal Cord Stimulators: Rechargeable Spinal Cord Stimulators, Non-Rechargeable Spinal Cord Stimulators, Multi-Lead Implantable Spinal Cord Stimulators
2) By Non-Implantable Spinal Cord Stimulators: External Spinal Cord Stimulators, Wearable Spinal Cord Stimulators, Transcutaneous Spinal Cord Stimulators

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Which Region Dominates the Spinal Cord Stimulation Devices Market?
North America was the largest region in the spinal cord stimulation devices 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 devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Spinal Cord Stimulation Devices Global Market Report?

- Market Size Analysis: Analyze the spinal cord stimulation devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the spinal cord stimulation devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall spinal cord stimulation devices market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the spinal cord stimulation devices market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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