Spinal Cord Stimulators Market
Spinal Cord Stimulators Market Size, Share & Trends Analysis Report by Application (Failed Back Syndrome, Complex Regional Pain Syndrome, Degenerative Disk Disease, Others), by End-User (Hospitals and Clinics, and Research Institutes), Forecast Period 2019-2025 Update Available - Forecast 2024-2030
Spinal cord stimulators market is expected to grow at a CAGR of 10.2% during the forecast period. The market is driven by rising demand for instruments that are used for treating chronic pain and failed back syndrome. Various Spinal cord stimulators are getting approved by FDA which creates enormous opportunities for the market. For instance, in January 2018, the US FDA approved Nevro Corporation’s Senza II for chronic pain treatment. The company again reached FDA’s approval for Algovita spinal cord stimulation device in June 2019.
Moreover, several product launches were reported over the years. for instance, Boston Scientific Corp. launched Precision Plus spinal cord stimulator system. The system enables to control the amount of current that are delivered to every contact, like it’s another product named Precision Spectra. It contains and 16 dedicated power sources and 16 contacts that enables to exactly target pain with increments of 0.04 mm.
Some of the major companies operating in the spinal cord stimulators market include Abbott Laboratories Inc., Boston Scientific Corp., Cala Health, Incorporated, Livanova PLC, Medtronic PLC, Nevro Corp., Nuvectra Corp., Stimwave LLC, among others. Major focus of the market players includes R&D and product launch. For instance, in January 2019, Boston Scientific Corp. had launched Spectra WaveWriter SCS System in Europe. The system can treat chronic pain as per individual needs by simultaneously combining paresthesia-based and sub-perception therapy.
Research Methodology
The market study of the 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
- Spinal Cord Stimulators Market Research and Analysis by Application
- Spinal Cord Stimulators Market Research and Analysis by End-User
The Report Covers
- Comprehensive research methodology of the 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 spinal cord stimulators market.
- Insights about market determinants which are stimulating the spinal cord stimulators market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Spinal cord Stimulators Market by Application
5.1.1. Failed Back Syndrome
5.1.2. Complex Regional Pain Syndrome
5.1.3. Degenerative Disk Disease
5.1.4. Others
5.2. Global Spinal cord Stimulators Market by End-User
5.2.1. Hospitals and Clinics
5.2.2. Research Institutes
5.3. Regional Analysis
5.4. North America
5.4.1. United States
5.4.2. Canada
5.5. Europe
5.5.1. UK
5.5.2. Germany
5.5.3. Italy
5.5.4. Spain
5.5.5. France
5.5.6. Rest of Europe
5.6. Asia-Pacific
5.6.1. China
5.6.2. India
5.6.3. Japan
5.6.4. Rest of Asia-Pacific
5.7. Rest of the World
6. Company Profiles
6.1. BioControl Medical Inc.
6.2. Boston Scientific Corp.
6.3. Cyberonics Inc.
6.4. Medtronic, Inc.
6.5. Neuronetics Inc.
6.6. Neuropace Inc.
6.7. Neurosigma Inc.
6.8. Nevro Corp.
6.9. Nuvectra Corp.
6.10. St. Jude Medical Inc.
6.11. Synapse Biomedical Inc.
1. GLOBAL SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
2. GLOBAL FAILED BACK SYNDROME MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL COMPLEX REGIONAL PAIN SYNDROME MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL DEGENERATIVE DISK DISEASE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
7. GLOBAL HOSPITALS AND CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL RESEARCH INSTITUTES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
10. NORTH AMERICAN SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
11. NORTH AMERICAN SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
12. NORTH AMERICAN SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
13. EUROPEAN SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
14. EUROPEAN SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
15. EUROPEAN SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
16. ASIA-PACIFIC SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
17. ASIA-PACIFIC SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
18. ASIA-PACIFIC SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
19. REST OF THE WORLD SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
20. REST OF THE WORLD SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL SPINAL CORD STIMULATORS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
2. GLOBAL SPINAL CORD STIMULATORS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
3. GLOBAL SPINAL CORD STIMULATORS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. US SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
6. UK SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD SPINAL CORD STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
