Spinal Cord Stimulation Devices Market Research Report covers the present scenario and the growth prospects of the Spinal Cord Stimulation Devices Industry for 2016-2020. Spinal Cord Stimulation Devices Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Spinal Cord Stimulation Devices globally.
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The Spinal Cord Stimulation Devices Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Spinal Cord Stimulation Devices Market:
- Boston Scientific
- St. Jude Medical
Other Prominent Vendors of Spinal Cord Stimulation Devices Market Are:
“Shift of surgeons’ focus toward SCS procedures will be a key trend for market growth. Surgeons prefer MIS compared with open surgery as it is considered to be safe and allows patients to recover faster. They have fewer scars on the operated area and the surgery is not less painful compared with the other surgeries. MIS is usually carried out in outpatient settings and requires only a short hospital stay. MIS has gained huge acceptance as it reduces the operative traumatic stress without compromising on therapeutic benefits. The latest robotic-assisted technique requires incisions of a few millimeters in length, as well as highly skilled surgeons. The use of MIS techniques to treat spine-related disorders is likely to increase in the coming years.”
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According to the Spinal Cord Stimulation Devices Market report, one of the key drivers for market growth will be rapid advances in high-frequency device technologies leading to rise in implantation procedures. Manufacturers are spending heavily on research to increase the efficiency of SCS devices and develop innovative products for improved patient care. The older versions of devices with battery life of 3-5 years are being replaced with the latest rechargeable devices, which have a battery life of 15-20 years. These new advanced devices can be used in future for indications related to chronic, intractable pain of the trunk and limbs. The upcoming devices are much more refined, upgraded, and tailor-made in contrast to the currently used SCS devices that have procedural invasiveness, weigh more, and are ineffective in pain relief over time.
Report also presents Geographical Segmentation analysis of Spinal Cord Stimulation Devices Market of Americas, APAC, EMEA region.
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Further, the Spinal Cord Stimulation Devices Market report states that availability of alternate effective medication will be a challenge for the market. Opioid analgesic drugs are the major alternative treatment options available to SCS devices. These drugs are being used for a long time. Despite the devices being highly effective and safer than drugs, they are still less preferred. The reason for low preference for devices is attributed to the low cost of drugs and their non-invasive nature. In addition, the introduction of innovative drug delivery techniques and improved drugs in the pipeline will provide a strong competition to these devices. In APAC, alternative treatments like Ayurveda, yoga, and physiotherapy play a prominent role in chronic pain management.
Key questions answered in Spinal Cord Stimulation Devices market report:
- What will the Spinal Cord Stimulation Devices market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Spinal Cord Stimulation Devices market?
- What are the challenges to Spinal Cord Stimulation Devices market growth?
- Who are the key vendors in Spinal Cord Stimulation Devices market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 62
Price of Report: $ 2500 (Single User License)
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