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.
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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.
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North American Spinal cord Stimulators Market Segmentation
By Application
- Failed Back Syndrome
- Complex Regional Pain Syndrome
- Degenerative Disk Disease
- Others
By End-User
- Hospitals and Clinics
- Research Institutes
Regional Analysis
- United States
- Canada
Company Profiles
- Boston Scientific Corp.
- Cyberonics Inc.
- Medtronic, Inc.
- Neuronetics Inc.
- Neuropace Inc.
- Neurosigma Inc.
- Nevro Corp.
- Nuvectra Corp.
- St. Jude Medical Inc.
- Synapse Biomedical Inc.
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