The scoliosis management market is projected to reach $3.9 billion by 2031, up from $2.6 billion in 2020, according to a report from market research firm Insight Slice.
1. The market is anticipated to increase at a compound annual growth rate of 3.7 percent through the forecast period.
2. Growing demand for less invasive surgical treatments will drive market growth, according to the report.
3. More affordable technologies and increased attentiveness to signs of early onset scoliosis will also contribute to market growth.
4. By the end of 2020, the thoracolumbosacral orthosis subsegment was estimated to represent 83.6 percent of the global scoliosis management market.