Interspinous Spacers Market Size, Share, Growth Analysis, By Type(Non-Fusion Interspinous Spacers, and Fusion Interspinous Spacers), By Application(Lumbar Spinal Stenosis, Degenerative Disc Disease) - Industry Forecast 2024-2031

Global Interspinous Spacers Market size was valued at USD 72.9 million in 2021 and is poised to grow from USD 76.69 million in 2022 to USD 115.05 million by 2030, growing at a CAGR of 13.1% in the forecast period (2023-2030).

The global interspinous spacers market has been experiencing steady growth in recent years, driven by factors such as the rising prevalence of spinal disorders, increasing geriatric population, and advancements in healthcare technology. Interspinous spacers are medical devices used in the treatment of various spinal conditions, including lumbar spinal stenosis, degenerative disc disease, and spondylolisthesis. These devices provide stability and decompression of the affected spinal segments, offering an alternative to traditional spinal fusion surgery. One of the key factors contributing to the growth of the global Interspinous Spacers market is the growing demand for minimally invasive surgical procedures. Minimally invasive techniques have gained popularity due to their numerous benefits, such as reduced post-operative pain, shorter hospital stays, and faster recovery times.

Interspinous spacers are often used in minimally invasive surgeries, as they allow for the preservation of spinal motion while providing the necessary support and decompression. This trend is expected to drive the adoption of Interspinous Spacers globally. As people age, the risk of developing spinal conditions such as lumbar spinal stenosis and degenerative disc disease increases. Interspinous spacers offer a conservative treatment option for these conditions, providing pain relief and improving functional outcomes. With the rising geriatric population worldwide, the demand for Interspinous Spacers is expected to grow.