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Global Spinal Cord Stimulation Market: Trends & Opportunities (2014-19)

  • January 2015
  • 66 pages
  • Daedal Research
Report ID: 2657373

Summary

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Scope of the Report

The report titled “Global Spinal Cord Stimulation Market: Trends and Opportunities (2014-2019)” provides an in-depth analysis of the global Spinal cord Stimulation market (including medication, surgeries and therapies) with detailed analysis of market sizing and growth. It also assesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecasted period (2014-19). The report also assesses the main types of SCS devices – the rechargeable and non-rechargeable spinal cord stimulation devices. Further, key players of the industry like Boston Scientific Corporation, St. Jude Medical and Medtronic have been profiled and analyzed in the report.

Segment Coverage

• Rechargeable SCS System
• Non-Rechargeable SCS system

Company Coverage

• Boston Scientific
• Nevro
• St. Jude Medical
• Medtronic

Executive Summary

Spinal cord stimulation (SCS) is a pain relief technique that delivers a low-voltage electrical current continuously to the spinal cord to block the sensation of pain. SCS is the most commonly used implantable neuro-stimulation technology for management of pain syndromes. The growth of the global Spinal cord Stimulation market is driven by a number of factors that include rise in ageing demographics, rising healthcare expenditure per capita, growing cases of obesity and increasing number of failed surgeries. Acknowledging these factors, it could be said that the Spinal cord Stimulation market business will certainly gain importance in the years to come.

Strict regulations, environment issues, dearth of expertise and trained healthcare workers and several other issues pose major challenge to the growth of this business. Major trends prevailing in the spinal cord stimulation market are advancement in spine surgery, changing surgeon preferences, mergers & acquisitions and incidence of pain conditions in the US households.

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