Interspinous Spacers Market Size

  • Report ID: 4445
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Interspinous Spacers Market Size

Interspinous Spacers Market size was over USD 80.58 million in 2024 and is poised to exceed USD 173.99 million by 2037, witnessing over 6.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of interspinous spacers is evaluated at USD 84.51 million.

The growth of the market can be attributed primarily to the rising incidence of lumbar spinal stenosis in the population worldwide, owing to unhealthy lifestyles, illnesses, and accidents. For instance, a report of 2022 calculated that about 12% of American adults suffer from lumbar spinal stenosis, and nearly 19% of the population older than 60 years suffer from spinal stenosis.

Apart from the aforementioned factors, there are several other factors that are responsible for market growth. These factors are the increasing cases of degenerative disc disorders along with lumbar spinal stenosis, and other spinal disorders. Furthermore, with the rising cases of chronic and acute disorders, the demand for minimally invasive surgeries has soared which in turn is anticipated to bring lucrative growth opportunities for market expansion. Also, the high number of product approvals from government regulatory agencies, growth in technological advancement, and favorable compensation policies for patients is expected to generate significant revenue during the analysis period. In addition, the surge in awareness level about interspinous spacers and the advantages offered by them is also considered to fuel market growth.


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Author Credits:  Radhika Pawar


  • Report ID: 4445
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of interspinous spacers is evaluated at USD 84.51 million.

The interspinous spacers market size was over USD 80.58 million in 2024 and is poised to exceed USD 173.99 million by 2037, witnessing over 6.1% CAGR during the forecast period i.e., between 2025-2037. Rising prevalence of lumbar spinal stenosis, the growing geriatric population, and increasing healthcare spending will drive the market growth.

North America industry is set to hold largest revenue share of 37% by 2037, attributed to increasing prevalence of spinal diseases and back pain along with increased healthcare spending on the treatment process.

The major players in the market include Spine Wave, Inc., Boston Scientific Corporation, Globus Medical, Inc., Spinal Simplicity, Life Spine, Inc., NuVasive, Inc., Medtronic plc, Zimmer Biomet, Alphatec Holdings, Inc., Paradigm Spine LLC
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