North American spinal cord stimulators market is expected to grow at a CAGR of 10.5% during the forecast period. Spinal cord stimulation is a therapy that affects the signals transmitted to the brain by using an implanted spinal cord stimulation device. A mild electrical signal is being used by it for stopping pain signals from reaching to the brain. It is the most often used neurostimulation technique to manage pain syndromes. According to the American Association of Neurological Surgeons, more than 50,000 neurostimulators are placed globally every year and spinal cord stimulators are broadly accepted and FDA approved treatment for chronic pain of the limbs (arms, legs and back) and trunk. There are mainly two types of SCS devices, such as conventional and rechargeable systems.

SCS innovations by major companies have witnessed in the past few years. For instance, in 2017, Medtronic declared the US introduction of next-generation SCS for chronic pain management. The platform named Intellis that is intended to manage certain kinds of chronic intractable pain. It was designed to combat the challenges related to existing SCS systems, such as battery performance, and enables to power the EvolveSM workflow SCS. It can track and record patient’s activity 24/7 and is Samsung Galaxy Tab S2 tablet interface that allows physicians to meet the personal and subjective effects of chronic pain through making alterations and monitoring progress. This, in turn, enables to better suit the patient’s therapy requirements. Such innovations and effectiveness of SCS for the treatment of various conditions are primarily boosting the demand for spinal cord stimulators.

Some of the major companies working in the field of SCS include Abbott Laboratories Inc., Boston Scientific Corp., Cala Health, Inc., Livanova PLC, Medtronic PLC, Nevro Corp., Nuvectra Corp., Stimwave LLC, among others. Major focus of the spinal cord stimulators market players includes R&D and product launch. For instance, in January 2019, Boston Scientific Corp. had launched Spectra WaveWriter SCS System in Europe. It can treat chronic pain as per individual needs by simultaneously combining paresthesia-based and sub-perception therapy. By this, physicians can customize therapy and capture real-time feedback of the device. 

Research Methodology

The market study of the North American spinal cord stimulators market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for medical device manufacturing companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. North American Spinal Cord Stimulators Market Research and Analysis by Application
2. North American Spinal Cord Stimulators Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the North American spinal cord stimulators market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American spinal cord stimulators market.
• Insights about market determinants which are stimulating the North American spinal cord stimulators market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.