PUBLISHER: The Business Research Company | PRODUCT CODE: 1717318
PUBLISHER: The Business Research Company | PRODUCT CODE: 1717318
Spinal stenosis devices are medical tools or implants designed to alleviate pressure on the spinal cord or nerves due to the narrowing of the spinal canal. These devices, which include interspinous spacers, decompression systems, and stabilizing implants, help improve mobility and reduce pain.
The primary product types of spinal stenosis devices include interspinous spacers, stabilization systems, spinal arthroplasty systems, and interbody fusion devices. Interspinous spacers are small implants placed between vertebrae to create space and relieve pressure on spinal nerves. These devices are used in treating conditions such as lumbar, cervical, and thoracic spinal stenosis and are commonly used in hospitals, ambulatory surgical centers, and other healthcare settings.
The spinal stenosis devices market research report is one of a series of new reports from The Business Research Company that provides spinal stenosis devices market statistics, including spinal stenosis devices industry global market size, regional shares, competitors with a spinal stenosis devices market share, detailed spinal stenosis devices market segments, market trends, and opportunities, and any further data you may need to thrive in the spinal stenosis devices industry. This spinal stenosis devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The spinal stenosis devices market size has grown strongly in recent years. It will grow from $9.80 billion in 2024 to $10.36 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth during the historic period can be attributed to factors such as the rising number of spinal stenosis cases among the aging population, the increasing incidence of spinal disorders and degenerative diseases, a higher rate of spinal injuries, and the growing prevalence of spinal diseases and disorders in both young and senior populations.
The spinal stenosis devices market size is expected to see strong growth in the next few years. It will grow to $12.75 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The projected growth during the forecast period can be attributed to factors such as the rising demand for minimally invasive surgical procedures, increased focus on minimally invasive spine surgery (MISS), higher healthcare expenditure, and growing investments in emerging markets. Key trends expected during this period include advancements in spinal implant technology and surgical techniques, a growing adoption of biodegradable and 3D-printed implants, as well as collaborations and product innovations in the field.
The increasing prevalence of spinal injuries is expected to drive the growth of the spinal stenosis devices market in the future. Spinal injuries involve damage to the spinal cord or surrounding structures, specifically traumatic injuries that disrupt the transmission of sensory and motor signals, which can lead to a loss of movement, function, and sensation below the injury site. The rising rate of spinal injuries is mainly due to more frequent traumatic events such as automobile accidents and falls, especially among older adults, as well as the growing prevalence of non-traumatic causes, such as degenerative diseases and age-related conditions. Spinal stenosis devices offer targeted relief and structural support by alleviating nerve compression, improving spinal alignment, and enhancing mobility, thereby greatly improving the quality of life for patients with spinal injuries. For example, in May 2023, the National Spinal Cord Injury Statistical Center, a U.S.-based organization, reported that approximately 18,000 new spinal injuries occur each year, with an incidence rate of 54 per 1 million people. It is also estimated that around 302,000 people in the U.S. have suffered a traumatic spinal cord injury. Consequently, the increasing incidence of spinal injuries is a key factor driving the growth of the spinal stenosis devices market.
Leading companies in the spinal stenosis devices market are focusing on technological innovations, such as minimally invasive surgical techniques, to improve surgical precision and shorten recovery times. Minimally invasive surgeries use small incisions, known as ports, to access internal organs, significantly reducing trauma to the body. These techniques rely on specialized instruments such as cameras and trocars, allowing surgeons to perform operations with less pain, faster recovery, and fewer complications compared to traditional open surgery. For example, in January 2024, Accelus, a U.S.-based medical technology company specializing in spinal surgery solutions, introduced the Linesider Modular-Cortical System. This technology enables surgeons to place screw shanks early in spinal implant procedures and customize constructs using modular tulips and rods. It provides open modular and cortical modular sets designed to support various surgical approaches. Spinal implants are crucial for stabilizing and supporting the spine during surgery, helping to correct deformities, fractures, or degenerative conditions, ultimately enhancing patient function and quality of life.
In October 2024, Stryker, a U.S.-based medical technology company, purchased Vertos Medical Inc. for an undisclosed amount. Through this acquisition, Stryker seeks to enhance its portfolio of minimally invasive treatments for lumbar spinal stenosis by incorporating Vertos Medical's innovative technologies, including the mild Procedure, which offers effective and patient-focused solutions for relieving spinal stenosis symptoms. Vertos Medical Inc., also based in the U.S., is known for manufacturing spinal stenosis devices.
Major players in the spinal stenosis devices market are Johnson & Johnson, Medtronic plc, Stryker Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings Inc., Globus Medical Inc., NuVasive Inc., Orthofix Medical Inc., B. Braun Melsungen AG, Xtant Medical, Alphatec Holdings Inc., Vertos Medical Inc., Spineart SA, Spine Wave Inc., Spinal Simplicity LLC, Premia Spine, Sintea Plustek LLC, Cousin Surgery, Meril Life Sciences Pvt. Ltd., Empirical Spine Inc.
North America was the largest region in the spinal stenosis devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in spinal stenosis devices report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the spinal stenosis devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The spinal stenosis devices market consists of sale of interspinous process decompression devices, fusion devices, spinal spacers, and dynamic stabilization systems. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Spinal Stenosis Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on spinal stenosis devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for spinal stenosis devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The spinal stenosis devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.