Global Spinal Cord Stimulation Systems Market Driven by Increasing Incidence of Spinal Injuries


Published Date : Feb 06, 2018

Albany, New York, February 6, 2018: Spinal cord stimulation systems help to balance the nervous system to improve functioning of the spinal cord in the event of an accident or injury. The various features of spinal cord stimulation systems and how the underlying technology has been instrumental in improving the lives of patients suffering from spinal dysfunctions are explained at length in a market research report featured on MarketResearchReports.biz. The report, titled “Spinal Cord Stimulation (SCS) System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” is an all-important tool that delves into current and historic growth trends for an accurate reports of the future market outlook. The reports of the spinal cord stimulation system market presented in the report has been presented using standard analytical tools and proven research methodologies. As a result, the report serves as a credible instrument for reports and information for every aspect of the market, which includes but is not limited to regional

The report has been prepared after an extensive research phase. While the primary research phase involved interviews, surveys, and observational pursuits carried out by seasoned analysts the secondary research phase involved tapping reputable paid sources, industry body databases, and trade journals for data collection. This was followed by a complete qualitative scrutiny of the collected data to be further used for verifiable projections. Included in the report is a separate reports of macro and micro economic indicators and regulations and mandates that manufacturers of medical devices need to adhere to.

Spinal cord stimulation systems involve regulating electrical signals transmitted from the brain to various organs and vice versa. Spinal cord stimulation systems function either by stimulating the nerve impulse or preventing the pain signals at the target site. To serve the purpose, spinal cord stimulation device is surgically placed under the skin, which transmits mild electrical signals to the spine to induce different sensation to the area of chronic pain. Spinal cord stimulation device also alters pain signals before they are transmitted to the brain.

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Spinal cord stimulation devices find extensive application owing to their attributes for chronic pain management. Spinal cord stimulator is predominantly used to subside the pain by producing nerve impulses without the need to make anatomical changes at the pain site. Spinal cord stimulation devices are used to serve varied applications for chronic non-malignant pain management such as neuropathic non-malignant pain, complex regional pain syndrome, failed back surgery syndrome, peripheral nerve injuries, urinary incontinence, and peripheral vascular diseases.

The market for spinal cord stimulation system is fuelled by increasing prevalence of neurological conditions such as Parkinson’s disease, depression related health conditions, epilepsy, and chronic back pain. Spinal cord stimulation devices have successfully helped curb pain along with faster recovery due to minimally invasive nature of these devices. Spinal cord stimulation devices are superficially implanted in the body, which makes for their easy removal.

The spinal cord stimulation system market has been segregated into product, end-user, application, and geography. Based on product, the market has been segmented into rechargeable system, conventional system, and radiofrequency system.  By application, the spinal cord stimulation system market has been segmented into sciatica, degenerative disk disease, failed back syndrome, unsuccessful disk surgery, complex regional pain syndrome, multiple back operations, and lumbar arachnoiditis.

In terms of geography, the spinal cord stimulation system market has been classified into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. North America led the market in 2016, owing to the rising prevalence of chronic pain and increasing patient population for spinal cord stimulation.

Key players in the global spinal cord stimulation systems market include Boston Scientific Corporation, NeuroSigma Inc., Stimwave LLC, Medtronic, Nevro Corp., and Synapse Biomedical Inc.

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