Spinal Cord Stimulators Market By Disease Indication (Complex Regional Pain Syndrome (CRPS), Failed Back Surgery Syndrome (FBSS), Degenerative Disc Disease and Others), By Product (Non-Rechargeable and Rechargeable), By End User (Ambulatory Surgical Centers, Hospitals, and Specialty Clinics): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 02-Mar-2021 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-5800 Status : Published

The Spinal Cord Stimulators Market is set for a quick growth over the forecast period. In terms of revenue, the global Spinal Cord Stimulators Market was valued USD 2880 billion in 2019. It is expected that the market will be valued USD 4120 billion by 2026 rising at a CAGR of 8.0%.

Description

The Spinal Cord Stimulators Market is set for a quick growth over the forecast period. In terms of revenue, the global Spinal Cord Stimulators Market was valued USD 2880 billion in 2019. It is expected that the market will be valued USD 4120 billion by 2026 rising at a CAGR of 8.0%.

Global Spinal Cord Stimulators Market: Overview

A Spinal Cord Stimulator (SCS) device is surgically placed under the skin and sends a mild electric current to the spinal cord. It helps in reduction of pain because the electrical pulses modify and mask the pain signal from reaching the brain.

Global Spinal Cord Stimulators Market: Growth Factors

Rising population suffering from chronic pain, favorable reimbursement policies, and a rise in the adoption of spinal cord stimulators for the relief of pain are some of the key aspects that are boosting the growth of the global spinal cord stimulators market. Emerging spinal cord stimulation therapy guidelines is also driving the growth of the global spinal cord stimulators market. The Covid-19 impacted negatively the healthcare industry resulting in the decline of the spinal cord stimulation. However, increase in well-established healthcare sectors and the rising awareness among the patients for advanced technology for pain management are driving the growth of the market. Ongoing research and investment by the government is also contributing towards the growth of the spinal cord stimulators market globally.

Global Spinal Cord Stimulators Market

Global Spinal Cord Stimulators Market: Segmentation

The Spinal Cord Stimulators Market is segmented based on disease indication, product, end-user, and region. On the basis of disease indication, the Spinal Cord Stimulators Market is segmented into complex regional pain syndrome (CRPS), failed back surgery syndrome (FBSS), degenerative disc disease, and others. Based on the product, the Spinal Cord Stimulators Market is bifurcated into non-rechargeable and rechargeable. On the basis of end-user, the Spinal Cord Stimulators Market is bifurcated into ambulatory surgical centers, hospitals, and specialty clinics.

Global Spinal Cord Stimulators Market: Regional Analysis

North America is expected to contribute to the maximum share in the global spinal cord stimulators market over the forecast period due to factors such as the emerging guidelines by the government, favorable health reimbursements, adoption of advanced technologies. Asia Pacific is forecasted to be the fastest growing region owing to the rise in the number of patients and the rise in preference of the patients for advanced technologies & noninvasive methods for the treatment of neuropathic pain.

Global Spinal Cord Stimulators Market: Competitive Players

Some of key players in Spinal Cord Stimulators Market are Boston Scientific Corporation, Medtronic, Abbott, Nevro Corporation, Saluda Medical Pvt Ltd, Nuvectra Corporation, Neuros Medical, Stimwave LLC, NeuroSigma, Synapse Biomedical Inc., Cook Medical. The key players are forming various strategies such as product launches, collaborations, product development, and partnerships to gain competitive advantage in the market.

The global Spinal Cord Stimulators Market is segmented as follows:

Disease Indication

  • Complex Regional Pain Syndrome (CRPS)
  • Failed Back Surgery Syndrome (FBSS)
  • Degenerative Disc Disease
  • Others

Product

  • Non-Rechargeable
  • Rechargeable

End - User

  • Ambulatory Surgical Centers
  • Hospitals
  • Specialty Clinics

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.1.Report Scope
  • Chapter 2.Research Methodulogy
    • 2.1.Research Methodulogy
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Spinal Cord Stimulators Market, 2016 – 2026 (USD Million)
    • 3.2.Global Spinal Cord Stimulators Market: Snapshot
  • Chapter 4.Spinal Cord Stimulators Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
    • 4.3.Market Restraints
    • 4.4.Market Opportunities
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technulogy Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Spinal Cord Stimulators Market Attractiveness, By Disease Indication
    • 5.2.Global Spinal Cord Stimulators Market Attractiveness, By Product
    • 5.3.Global Spinal Cord Stimulators Market Attractiveness, By End - User
    • 5.4.Global Spinal Cord Stimulators Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Spinal Cord Stimulators Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Spinal Cord Stimulators Market Overview: by Disease Indication
      • 7.1.1.Global Spinal Cord Stimulators Market Revenue Share, by Disease Indication, 2019 & 2026
    • 7.2.Global Spinal Cord Stimulators Market Analysis/Overview – By Disease Indication
      • 7.2.1.Complex Regional Pain Syndrome (CRPS) – Overview/Analysis
      • 7.2.2.Failed Back Surgery Syndrome (FBSS) – Overview/Analysis
      • 7.2.3.Degenerative Disc Disease – Overview/Analysis
      • 7.2.4.Others – Overview/Analysis
    • 7.3.Complex Regional Pain Syndrome (CRPS)
      • 7.3.1.Global Spinal Cord Stimulators Market for Complex Regional Pain Syndrome (CRPS), Revenue (USD Million) 2016 - 2026
    • 7.4.Failed Back Surgery Syndrome (FBSS)
      • 7.4.1.Global Spinal Cord Stimulators Market for Failed Back Surgery Syndrome (FBSS), Revenue (USD Million) 2016 - 2026
    • 7.5.Degenerative Disc Disease
      • 7.5.1.Global Spinal Cord Stimulators Market for Degenerative Disc Disease, Revenue (USD Million) 2016 - 2026
    • 7.6.Others
      • 7.6.1.Global Spinal Cord Stimulators Market for Others, Revenue (USD Million) 2016 - 2026
    • 8.1.Global Spinal Cord Stimulators Market Overview: by Product
      • 8.1.1.Global Spinal Cord Stimulators Market Revenue Share, by Product, 2019 & 2026
    • 8.2.Global Spinal Cord Stimulators Market Analysis/Overview – By Product
      • 8.2.1.Non-Rechargeable – Overview/Analysis
      • 8.2.2.Rechargeable – Overview/Analysis
    • 8.3.Non-Rechargeable
      • 8.3.1.Global Spinal Cord Stimulators Market for Non-Rechargeable, Revenue (USD Million) 2016 - 2026
    • 8.4.Rechargeable
      • 8.4.1.Global Spinal Cord Stimulators Market for Rechargeable, Revenue (USD Million) 2016 - 2026
    • 9.1.Global Spinal Cord Stimulators Market Overview: by End - User
      • 9.1.1.Global Spinal Cord Stimulators Market Revenue Share, by End - User, 2019 & 2026
    • 9.2.Global Spinal Cord Stimulators Market Analysis/Overview – By End - User
      • 9.2.1.Ambulatory Surgical Centers – Overview/Analysis
      • 9.2.2.Hospitals – Overview/Analysis
      • 9.2.3.Specialty Clinics – Overview/Analysis
    • 9.3.Ambulatory Surgical Centers
      • 9.3.1.Global Spinal Cord Stimulators Market for Ambulatory Surgical Centers, Revenue (USD Million) 2016 - 2026
    • 9.4.Hospitals
      • 9.4.1.Global Spinal Cord Stimulators Market for Hospitals, Revenue (USD Million) 2016 - 2026
    • 9.5.Specialty Clinics
      • 9.5.1.Global Spinal Cord Stimulators Market for Specialty Clinics, Revenue (USD Million) 2016 - 2026
  • Chapter 10.Spinal Cord Stimulators Market – Regional Analysis
    • 10.1.Global Spinal Cord Stimulators Market: Regional Overview
      • 10.1.1.Global Spinal Cord Stimulators Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2.Global Spinal Cord Stimulators Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 10.2.North America
      • 10.2.1.North America Spinal Cord Stimulators Market Revenue, 2016 - 2026 (USD Million)
      • 10.2.2.North America Spinal Cord Stimulators Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.2.3.North America Spinal Cord Stimulators Market Revenue, by Disease Indication, 2016 – 2026
      • 10.2.4.North America Spinal Cord Stimulators Market Revenue, by Product, 2016 – 2026
      • 10.2.5.North America Spinal Cord Stimulators Market Revenue, by End - User, 2016 – 2026
      • 10.2.6. U.S.
      • 10.2.7.Canada
    • 10.3.Europe
      • 10.3.1.Europe Spinal Cord Stimulators Market Revenue, 2016 - 2026 (USD Million)
      • 10.3.2.Europe Spinal Cord Stimulators Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.3.3.Europe Spinal Cord Stimulators Market Revenue, by Disease Indication, 2016 – 2026
      • 10.3.4.Europe Spinal Cord Stimulators Market Revenue, by Product, 2016 – 2026
      • 10.3.5.Europe Spinal Cord Stimulators Market Revenue, by End - User, 2016 – 2026
      • 10.3.6.Germany
      • 10.3.7.France
      • 10.3.8. U.K.
      • 10.3.9.Italy
      • 10.3.10.Spain
      • 10.3.11.Rest of Europe
    • 10.4.Asia Pacific
      • 10.4.1.Asia Pacific Spinal Cord Stimulators Market Revenue, 2016 - 2026 (USD Million)
      • 10.4.2.Asia Pacific Spinal Cord Stimulators Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.4.3.Asia Pacific Spinal Cord Stimulators Market Revenue, by Disease Indication, 2016 – 2026
      • 10.4.4.Asia Pacific Spinal Cord Stimulators Market Revenue, by Product, 2016 – 2026
      • 10.4.5.Asia Pacific Spinal Cord Stimulators Market Revenue, by End - User, 2016 – 2026
      • 10.4.6.China
      • 10.4.7.Japan
      • 10.4.8.India
      • 10.4.9.South Korea
      • 10.4.10.South-East Asia
      • 10.4.11.Rest of Asia Pacific
    • 10.5.Latin America
      • 10.5.1.Latin America Spinal Cord Stimulators Market Revenue, 2016 - 2026 (USD Million)
      • 10.5.2.Latin America Spinal Cord Stimulators Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.5.3.Latin America Spinal Cord Stimulators Market Revenue, by Disease Indication, 2016 – 2026
      • 10.5.4.Latin America Spinal Cord Stimulators Market Revenue, by Product, 2016 – 2026
      • 10.5.5.Latin America Spinal Cord Stimulators Market Revenue, by End - User, 2016 – 2026
      • 10.5.6.Brazil
      • 10.5.7.Mexico
      • 10.5.8.Rest of Latin America
    • 10.6.The Middle-East and Africa
      • 10.6.1.The Middle-East and Africa Spinal Cord Stimulators Market Revenue, 2016 - 2026 (USD Million)
      • 10.6.2.The Middle-East and Africa Spinal Cord Stimulators Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.6.3.The Middle-East and Africa Spinal Cord Stimulators Market Revenue, by Disease Indication, 2016 – 2026
      • 10.6.4.The Middle-East and Africa Spinal Cord Stimulators Market Revenue, by Product, 2016 – 2026
      • 10.6.5.The Middle-East and Africa Spinal Cord Stimulators Market Revenue, by End - User, 2016 – 2026
      • 10.6.6.GCC Countries
      • 10.6.7.South Africa
      • 10.6.8.Rest of Middle-East Africa
  • Chapter 11.Company Profiles
    • 11.1.Boston Scientific Corporation
      • 11.1.1.Company Overview
      • 11.1.2.Financial Overview
      • 11.1.3.Product Portfulio
      • 11.1.4.Business Strategy
      • 11.1.5.Recent Developments
    • 11.2.Medtronic
    • 11.3.Abbott
    • 11.4.Nevro Corporation
    • 11.5.Saluda Medical Pvt Ltd.
    • 11.6.Nuvectra Corporation
    • 11.7.Neuros Medical
    • 11.8.Stimwave LLC
    • 11.9.NeuroSigma
    • 11.1.Synapse Biomedical Inc.
    • 11.11.Cook Medical

Methodology


Frequently Asked Questions

The Global Spinal Cord Stimulators Market was valued at USD 2880 million in 2019.

The Global Spinal Cord Stimulators Market is expected to reach USD 4120 million by 2026.

Some of the key factors driving the Global Spinal Cord Stimulators Market growth are rising population suffering from chronic pain, favorable reimbursement policies, and a rise in the adoption of spinal cord stimulators for the relief of pain.

North America is expected to contribute to the maximum share in the global spinal cord stimulators market over the forecast period due to factors such as the emerging guidelines by the government, favorable health reimbursements, adoption of advanced technologies.

Some of the major companies operating in the Global Spinal Cord Stimulators Market are Boston Scientific Corporation, Medtronic, Abbott, Nevro Corporation, Saluda Medical Pvt Ltd, Nuvectra Corporation, Neuros Medical, Stimwave LLC, NeuroSigma, Synapse Biomedical Inc., Cook Medical.

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