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Leading Element Driving Change in the Spinal Cord Stimulation Devices Market in 2025: Increasing Prevalence Of Chronic Pain Driving Demand For Advanced Pain Management Solutions Driver

03-28-2025 01:09 PM CET | Health & Medicine

Press release from: The Business Research Company

Spinal Cord Stimulation Devices

Spinal Cord Stimulation Devices

What industry-specific factors are fueling the growth of the spinal cord stimulation devices market?
An increase in chronic pain cases is anticipated to fuel the expansion of the spinal cord stimulation devices market. Chronic pain is a persistent discomfort that lasts for 12 weeks or more, resulting from conditions like arthritis, neuropathy, or lower back pain. This increase can be credited to multiple factors, including an older demographic, changes in lifestyle, chronic diseases, and injury or trauma. Spinal cord stimulation (SCS) devices manage chronic pain by modifying pain signals through electrical impulses, thereby offering relief for persistent ailment. For example, in November 2024, the Centers for Disease Control and Prevention, a US government agency, stated that in 2023, 24.3% of adults experienced chronic pain, of which 8.5% were dealing with severe chronic pain, constituting 34.9% of those suffering from chronic pain. Hence, the increasing prevalence of chronic pain is propelling the growth of the spinal cord stimulation devices market.

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What Is the projected market size and growth rate for the spinal cord stimulation devices market?
The market for spinal cord stimulation devices has seen significant growth in the past few years. The market value is predicted to increase from $2.74 billion in 2024 to $2.99 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.01%. This growth in the historical period is linked to better clinical results and patient satisfaction, an increase in the consciousness of alternative pain management methods, a spike in support for reimbursement, increased clinical studies and regulatory approvals, and the expansion of pain management clinics and centers.

The market for spinal cord stimulation devices is predicted to witness substantial growth in the forthcoming years, swelling to a size of $4.18 billion by 2029 with an estimated compound annual growth rate (CAGR) of 8.75%. This anticipated growth over the forecast period is connected to factors such as the mounting occurrence of chronic pain conditions, an increased inclination for non-opioid pain management strategies, a burgeoning elderly population, favorable reimbursement schemes, growing acceptance of wireless and rechargeable devices, and heightened awareness of neuromodulation therapies among both healthcare practitioners and patients. Some of the leading trends for the forecast period are improvements in minimally invasive methods, progress in wireless and rechargeable devices, advancements in frequency stimulation technology, the adoption of closed-loop feedback systems, the inclusion of wireless connectivity, superior waveform choices, and tailored pain management algorithms.

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What new trends are reshaping the spinal cord stimulation devices market and its opportunities?
Leading entities in the spinal cord stimulation devices market are concentrating on innovating advanced technologies, such as rechargeable spinal cord stimulation mechanisms, aimed at bettering patient results, lengthening device life, and offering more customized pain management remedies to those afflicted with continuous pain. Rechargeable spinal cord stimulation (SCS) devices are technologically sophisticated medical tools engineered to manage relentless pain by delivering electrical stimulation to the spinal cord. For example, in December 2022, the US Food and Drug Administration (FDA) granted approval to Abbott Laboratories, an American medical device manufacturer, for its Eterna spinal cord stimulation (SCS) mechanism, a notable innovation for managing chronic pain. This revolutionary device combines a sleek structure with state-of-the-art functionality, resulting in increased comfort and reduced physical strain for patients. Its ability to be recharged ensures longevity of use, eliminating the need for frequent surgical replacements and enhancing convenience. The system boasts precise stimulation features that offer patient-specific pain relief. Its design encourages minimally invasive implantation, thus shortening recovery periods and boosting overall patient outcomes.

What major market segments define the scope and growth 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.

Which key market leaders are driving the spinal cord stimulation devices industry growth?
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

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

•Market Size Forecast: Examine the spinal cord stimulation devices market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the spinal cord stimulation devices market for a structured understanding.
•Key Players Overview: Analyze major players in the spinal cord stimulation devices market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the spinal cord stimulation devices market.
•Segment Contributions: Evaluate how different segments drive overall growth in the spinal cord stimulation devices market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the spinal cord stimulation devices market.
•Industry Challenges: Identify potential risks and obstacles affecting the spinal cord stimulation devices market.
•Competitive Landscape: Review strategic developments in the spinal cord stimulation devices market, including expansions, agreements, and new product launches.

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