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Global Scoliosis Management Market Report 2023: Market to Grow by $1 Billion by 2030 – Spinal Fusion Surgery Offers Major Opportunities

ByMokhtar

Dublin, October 26, 2023 (GLOBE NEWSWIRE) – The report “Scoliosis Management – ​​​​Global Strategic Business Report” has been added to ResearchAndMarkets.com’s to offer.

The global scoliosis treatment market will reach $3.8 billion by 2030

The global scoliosis treatment market, estimated at USD 2.8 billion in the year 2022, is expected to reach a revised size of USD 3.8 billion by 2030, with a CAGR of 4.1% over the analysis period 2022-2030.

This data includes an analysis of the Thoracolumbosacral Orthosis (TLSO) and related orthosis markets worldwide. It includes current, historical, and future annual sales figures in thousands of dollars for the years 2022 through 2030, along with percentage compound annual growth rates (%CAGR).

The analysis is segmented into different product types, including TLSO, Cervical Thoracic Lumbar Sacral Orthosis (CTLSO), Lumbosacral Orthosis (LSO), and Other Product Types. Furthermore, within these product types a distinction is made between the Pediatric and Adult segments.

Thoracolumbosacral orthosis (TLSO), one of the segments analyzed in the report, is expected to register a CAGR of 4.4% and reach $2.9 billion by the end of the analysis period. Growth in the Cervical Thoracic Lumbar Sacral Orthosis (CTLSO) segment is estimated at 3.7% CAGR over the next eight years.

The US market is estimated at $987.6 million, while China is expected to grow at a CAGR of 5%

The US scoliosis treatment market is estimated to reach USD 987.6 million by the year 2022. China, the second largest economy in the world, is expected to reach a projected market size of USD 422.1 million by 2030, at a CAGR of 5% over recent years. analysis period 2022 to 2030.

The data provides a 16-year perspective, breaking down the percentage of value sales for different geographic regions, including the US, Canada, Japan, China, Europe, Asia Pacific and the rest of the world, for the years 2014, 2023 and 2030 Finally, it provides a comprehensive analysis of the scoliosis treatment market, including annual sales figures from 2014 through 2030, and segmented analyzes for different geographic regions.

Other notable geographic markets include Japan and Canada, each expected to grow by 3.1% and 3.4%, respectively, over the 2022-2030 period. Within Europe, Germany is expected to grow at a CAGR of approximately 4.1%.

This comprehensive report also provides detail on the approaches that leading market competitors such as Aspen Medical Products, Bauerfeind AG and Boston Orthotics & Prosthetics are taking, providing invaluable insights that you as an executive can leverage.

What’s new?

  • Special discussions on the global economic environment and market sentiment
  • Coverage on global competitiveness and key market shares of competitors
  • Multi-region market presence analysis – Strong/active/niche/trivial
  • Online interactive peer-to-peer collaborative custom updates
  • Access to digital archives and a trademarked research platform
  • Free updates for a year
  • Access curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers through interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

  • Scoliosis: An abnormal lateral curvature of the spine
  • Scoliosis Management/Treatment Options
  • COVID-19 is casting a shadow on the scoliosis treatment market
  • Competition
  • Scoliosis Management – ​​Percentage Market Share of Key Competitors Globally in 2023 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Global Players in 2023 (E)
  • Great startup ecosystem
  • Global market analysis and prospects
  • The global scoliosis management market will demonstrate steady growth driven by innovations and advancements
  • North America holds a leading position in the global scoliosis management market
  • ThoracoLumboSacral Orthosis (TLSO) dominates the market
  • AIS remains the primary disease type segment
  • Pediatric/adolescent as an important age group segment
  • Hospitals and ASCs claim leading share
  • Technological advancements as pulsating trends drive the scoliosis treatment market forward
  • Increase R&D activity to drive market expansion
  • Market restrictions
  • Market challenges
  • Recent market activity
  • GLOBAL BRANDS

MARKET TRENDS & DRIVERS

  • Rising prevalence of idiopathic and congenital scoliosis drives market growth
  • Spinal fusion surgery offers great opportunities
  • The demand for fusionless scoliosis surgery is increasing
  • Tying the vertebral body provides traction
  • Schroth therapy – a useful approach to treat scoliosis
  • Strong focus on minimally invasive spine surgery and increasing use of navigation and robotics in scoliosis surgery to increase prospects
  • Increasing cases of scoliosis in adults and a growing aging population to propel the adult segment
  • Increase healthcare spending to stimulate growth
  • Recent technological advances/innovations in the scoliosis treatment market
  • New Satellite Rod-Based Sequential Correction for Severe Rigid Spinal Deformities to Reduce Surgical Risks and Other Complications
  • ApiFix system for correcting moderate scoliosis with single curves
  • Shriners Hospitals for Children’s The Tether, a device for treating scoliosis, receives FDA approval
  • Minimally invasive spine surgeries are becoming commonplace, but long-term research into results is essential for wider adoption
  • Disruptive technologies in the spine space – a review
  • 3D printed braces have potential to improve the treatment of scoliosis

FOCUS ON SELECTED PLAYERS(Total 91 recommended)

  • Aspen Medical Products, LLC
  • Bauerfeind AG
  • Boston Orthoses and prosthetics
  • Chaneco
  • Enovis
  • Fitted, Inc.
  • Horton’s Orthotics and Prosthetics
  • Lawall Prosthetics and Orthotics
  • Optec USA, Inc.
  • Orthotec
  • Ottobock SE & Co. KGaA
  • Spinal Technology Inc.
  • Real

For more information about this report, visit https://www.researchandmarkets.com/r/ozemky

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, top companies, new products and the latest trends.

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