The global spinal cord stimulation market was valued at USD 2.92 Billion in 2024, driven by the growing demand for spinal cord stimulation due to the rising prevalence of spinal cord injuries and surgeries conducted around the world and the rapidly developing healthcare technology. The market size is anticipated to grow at a CAGR of 8.10% during the forecast period of 2025-2034 to achieve a value of USD 6.36 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
8.1%
Value in USD Billion
2025-2034
Spinal Cord Stimulation Market Outlook
*this image is indicative*
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Spinal cord stimulation is a method used to relieve pain by using a spinal cord stimulator device that is surgically placed under the skin. The device is used to deliver low levels of electricity directly to the spinal cord. These devices can be used by healthcare providers, along with other pain management treatments and reduce the need for medications.
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The EMR’s report titled “Spinal Cord Stimulation Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Applications
Market Breakup by End User
Market Breakup by Region
The global market for spinal cord stimulation has different types of devices, such as rechargeable and non-rechargeable. Rechargeable devices are growing rapidly in demand and are expected to hold the largest market share. The development of the market segment can be attributed to the cost-effectiveness and flexibility, and it enables remote treatment to be conducted. In addition, these devices reduce the number of surgeries which helps in reducing the patient’s discomfort and complications.
Based on the diseases, the market can be segmented into failed back surgery syndrome, degenerative disc disease, complex regional pain syndrome, arachnoiditis, and ischemic limb pain, among others.
The failed back surgery syndrome segment is expected to lead the segment owing to the rising number of patients enrolling for the treatment of failed back pain. The increasing number of spinal surgeries done around the world is likely to enhance the market growth.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
Abbott Laboratories is an American multinational medical device and healthcare company, which was founded in 1888. The company has a large product portfolio related to technologies for various fields, including healthcare, diagnostics, medical devices, nutritional supplements, and generic medicines. The company offers their products in more than 160 countries.
Medtronic Plc is one of the leading medical technology companies, founded in 1949. The company's headquarter is located in Dublin, Ireland. The company has developed their product portfolio based on different fields including cardiovascular, diabetes, digestion, neurological, spinal and orthopaedic, and urological.
Boston Scientific Corporation is a multinational biotechnology and engineering company, operating to develop innovative devices and treatment solutions for chronic diseases and life-threatening conditions. The company operates across more than 100 countries to provide healthcare services. The company was founded in 1979 and has been developing various products related cardiovascular treatment, pacemakers, remote patient monitoring, and critical care products.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Nevro Corp. and Stimwave LLC, among others.
Spinal Cord Stimulation Market Size
Spinal Cord Stimulation Market Trends
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In 2024, the global spinal cord stimulation attained a value of USD 2.92 Billion.
The market is anticipated to grow at a CAGR of 8.10% during the forecast period of 2025-2034 to reach a value of USD 6.36 Billion by 2034.
The market growth is driven by the growing demand for spinal cord stimulation due to the rising prevalence of spinal cord injuries and surgeries conducted around the world and the rapidly developing healthcare technology.
The increasing demand for non-invasive treatment methods and increasing restrictions on opioid medication can aid the market development.
The regional markets include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The types of devices available in the market include rechargeable and non-rechargeable.
The types of diseases include failed back surgery syndrome, degenerative disc disease, complex regional pain syndrome, arachnoiditis, and ischemic limb pain, among others.
The spinal cord stimulation treatments are utilised by hospitals, ambulatory surgical units, and speciality clinics.
The key players in the market include Abbott Laboratories, Medtronic Plc, Boston Scientific Corporation, Nevro Corp., and Stimwave LLC, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Applications |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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