By Infinium Global Research Aug, 2020
The spinal cord stimulation is a neuro stimulation therapy
used to treat a certain pain condition like chronic pain by blocking the pain
signals before they reach the brain with the help of spinal cord stimulators. A
spinal cord stimulator devices implanted under the patient's skin sends the
electric signals to the specific areas of spinal cords to treat the pain. When
the device is turned on, it modifies the pain signal before it reaches the
brain. According to WHO, around the world, between 250,000 and 500,000 people
suffer from spinal cord injury (SCI) every year. The rising incidence of spinal
cord injuries, neurological disorder, and chronic back pain are the sizable
factors that drive the growth of the spinal cord stimulation market. In
addition, the growing geriatric population, and rising demand for minimally
invasive surgeries also contributes towards the growth of the spinal cord
stimulation market. However, the high treatment cost and government regulations
are hampering the market growth. Moreover, ongoing research and development in
the spinal cord stimulation are expected to improve the market profitability
and able to serve more opportunities in upcoming years.
The report on Global
Spinal Cord Stimulation Market covers segments such as products,
application, and end user. The report provides regional analysis covering
geographies such as North America, Europe, Asia-Pacific, and Rest of the World
In this section, the key trends and market size for each geography are provided
over the period of 2016-2024. The report provides profiles of the companies in
the global ST. JUDE MEDICAL, Boston, Medtronic, Stimwave, Nevro, Greatbatch,
and others.