Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Thoracolumbar Stabilization Device Market size was valued at USD 1.28 billion in 2024 and is set to exceed USD 2.6 billion by 2037, registering over 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of thoracolumbar stabilization device is evaluated at USD 1.34 billion.
According to National Spinal Cord Injury Statistical Centre (NSCISC), USA records nearly 17,700 new spinal cord injury cases every year. Spinal injuries and back pains are among the most prevalent health issue conditions which is anticipated to be one of the major factors that is contributing to the growth of global thoracolumbar stabilization device market in the forecast period.