A Spinal Cord Stimulator (SCS) or Dorsal Column Stimulator (DCS) is a type of implantable neuromodulation device (sometimes called a "pain pacemaker") that is used to send electrical signals to select areas of the spinal cord (dorsal columns) for the treatment of certain pain conditions. SCS is a consideration for people who have a pain condition that has not responded to more conservative therapy.
The classification of spinal cord stimulation devices includes rechargeable type and non-rechargeable type. The proportion of rechargeable type in 2017 is about 66%, and the proportion is in increasing trend from 2013 to 2017. Spinal cord stimulation devices are widely used in failed back surgery syndrome, complex regional pain syndrome, chronic pain and other field. The most proportion of spinal cord stimulation devices is for failed back surgery syndrome, and the proportion in 2017 is 43.95%.
North America is the largest consumption place, with a consumption market share nearly 56% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 24%.
Market competition is intense. Medtronic, Boston Scientific, Abbott (St. Jude Medical), Nevro,
Nuvectra are the leaders of the industry. And top 3 account for around 79% of the total market share. These existing companies are making investments in several research activities to launch new devices.
According to this study, over the next five years the Spinal Cord Stimulation Devices market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 2890 million by 2024, from US$ 2160 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Spinal Cord Stimulation Devices business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Spinal Cord Stimulation Devices market by product type, application, key manufacturers and key regions and countries.
This study considers the Spinal Cord Stimulation Devices value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rechargeable
Non-Rechargeable
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Failed Back Surgery Syndrome
Complex Regional Pain Syndrome
Chronic Pain
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Medtronic
Boston Scientific
Abbott (St. Jude Medical)
Nevro
Nuvectra
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Spinal Cord Stimulation Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Spinal Cord Stimulation Devices market by identifying its various subsegments.
Focuses on the key global Spinal Cord Stimulation Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Spinal Cord Stimulation Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Spinal Cord Stimulation Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Spinal Cord Stimulation Devices . Industry analysis & Market Report on Spinal Cord Stimulation Devices is a syndicated market report, published as Global Spinal Cord Stimulation Devices Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Spinal Cord Stimulation Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.