The global scoliosis market size was valued at USD 423 in million and is expected to reach USD 530.9 million at a CAGR of 3.9% during the forecast period 2019–2026.
Scoliosis is complex three-dimensional deformity of the spine which is characterized by a lateral deviation of at least 10 degrees with a rotation of the vertebra. Scoliosis is common spinal deformity in school-age children. Globally about 10% people have some degree adolescent, out of which 1% required special treatment. Around 3 million new incidences scoliosis are diagnosed in the United States each year, out of which around 29,000 scoliosis surgeries are performed on every year in the United States. Presence of various origination such as Scoliosis Research Society focus on the research & development is expected fuel the market growth. Moreover, In U.S., various non-profit and volunteer non-medical organization, providing advice, and rising awareness of scoliosis among health professionals and the general public.
For better understanding the global scoliosis market is segmented into type and age group.
Based on type, the global scoliosis market is segmented into cast braces, rigid braces, and non-rigid dynamic braces.
Rigid Braces Segment To Witness Significant Growth
Rigid braces are made from light plastic materials to apply three-point pressure technique to stop or limit the progression of the scoliosis. Rigid braces are of 3 types, namely custom made TLSO braces, Milwaukee braces, and Boston braces. Moreover, inconvenience of putting on and off the Milwaukee, TLSO, and Boston braces is further decreasing the demand for their braces. However, growing prevalence of cerebral palsy and muscular dystrophy affecting thoracic or cervical spine is anticipated to support the market growth in upcoming years. According to the Autism and Developmental Disabilities Monitoring (ADDM), and network of the Center for Disease Control and Prevention, global prevalence of cerebral palsy ranges from 1.5 to 4 per 1,000 live births. According to the National Organization for Rare Disorders, Inc. (NORD), genetic condition muscular dystrophy globally affects approximately 1 in 3,500 male births.
Adult Segment to Attain a Value of USD 140.41 Million by 2025
Based on the age group, the global scoliosis market is segregated into children, teenager, and adult. Adults suffering from scoliosis are segmented into three categories: adult scoliosis patients who were surgically treated like adolescents, adults who did not receive treatment during their teenage, and adults with a type of scoliosis called degenerative scoliosis. The increasing prevalence of degenerative scoliosis in adults aged 65 and older, and rising number of adults who did not receive scoliosis treatment in teenage, especially in underdeveloped regions like Africa are expected to drive the segmental growth. In addition, adult segment is forecasted to attain a value of USD 140.41 million by 2025 from USD 112.8 million in 2018, at a CAGR of 3.2%.
Regionally, the global scoliosis market is segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa.
Prevalence of scoliosis is high among adolescents and adults in North America. Apart from this, rising number of clinical studies in the area of scoliosis management, increasing awareness of scoliosis, and technological advancements are adding fuel to the overall regional growth. As per the National Scoliosis Foundation, scoliosis patient gives nearly 133,300 visits to the hospital, 442,900 to office, and 17,500 to emergency room in the U.S. every year. Patients in this region are increasingly preferring non-invasive therapies, which further drives the demand for scoliosis braces. Adolescent idiopathic scoliosis is majorly associated with low mineral content in bones. Rising incidences of mineral deficiency among children is also considered as one of the significant risk factors for scoliosis. High prevalence of vitamins and minerals deficiency among the U.S. adults is leading to low bone mineral density. Currently, over 43 million Americans are suffering from a low bone mineral density. In addition, several players are heavily investing in the R&D for R&D activities for developing innovative scoliosis braces. Recently, Green Sun Medical has completed series a funding round for USD 2 million for the development of scoliosis braces, and it has managed to raise USD 500,000 through AngelMD Catalyst Fund
European market for scoliosis braces is driven by the growing prevalence of bone mineral deficiencies, rising adoption of technologically advanced products, and a strong distribution network of key manufacturers. Scoliosis is one of the common conditions in children aged 10–15 years. In the U.K., nearly 3–4 in every 1000 children suffers from scoliosis. Moreover, technological developments and subsequent growth in the number of clinical studies are boosting the market growth. For instance, a multicenter study aimed at examining treatment for early-onset spinal deformities is recruiting participants for the study in the U.K. and Spain. In addition, the adoption of conventional, as well as newly developed scoliosis braces, is high in the developed economies.
Report Metric | Details |
---|---|
CAGR | 3.9% |
Forecast Period | 2023-2031 |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segments Covered |
|
Geographies Covered |
|
o North America
o South America
o Western Europe
o Eastern Europe
o The Middle East