Global Spinal Cord Stimulation Market Report: 2016 Edition - New Report by Koncept Analytics

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Spinal Cord Stimulation Market- 2016 Edition
----------------------------------------- 2016
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• Executive Summary
• Chronic pain is an unpleasant sense of discomfort
  that persists or progresses over a long period of
  time.
• A chronic back pain can be treated through spinal
  cord stimulation (SCS) therapy.
• SCS therapy is a process that uses soft thin
  wires with electrical leads to be placed in the
  spinal column through needle so as to cure
  chronic back pain.
• Spinal Cord Stimulation Therapy doesnt eliminate
  the pain it just interferes with the signals
  sent to the brain.
• The SCS surgery is performed in two stages trial
  stimulation and permanent implantation.
• Spinal cord stimulation therapy is used to reduce
  the pain signals that are sent to the brain
  through spinal cord which in return release pain
  relief chemicals.
• For this process, a spinal cord stimulator also
  known as dorsal column stimulator, is surgically
  placed under the skin to send a mild electrical
  current to the spinal cord.
• The spinal cord stimulation (SCS) market is vast
  and remains relatively untouched with huge
  potential to treat widespread chronic back pain.
  The global SCS market is expected to increase in
  the coming years.
• The US has the chronic back pain prevalence with
  maximum number of addressable population and
  system implants.
• The key factors driving the growth in the SCS
  market includes increasing adult population in
  the US, increasing demand for minimally invasive
  surgeries, innovation of new technologies
  therapies, growing cases of obesity, and rise in
  ageing demographics.
• However, there are number of factors which are
  hindering the growth of the SCS market like high
  cost associated with therapy, tough regulatory
  approvals, and major reliance on traditional SCS
  therapy.
• The report offers an in-depth analysis of the
  spinal cord stimulation market segmented into
  global SCS and regional SCS market, covering the
  US and outside the US market.
• Competition in this market is rather concentrated
  with a few medical device companies dominating
  the market, through innovation.
• Medical companies that have been covered in the
  report include Medtronic Plc., Nevro Corporation,
  Boston Scientific, and St. Jude Medical.

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Spinal Cord Stimulation market is expected to
grow significantly in the coming years driven by
several factors including increasing demand for
minimally invasive therapy, innovation in
technology, increasing addressable population

• The revenue for global spinal cord stimulation
  market is expected to be recorded at US..
  million by 2018, increasing from US.. million in
  the year 2015, recording growth at a CAGR of ..
  for the period spanning from 2014-2018.
• The US which is expected to account for .. share
  of the total SCS therapy market in terms of
  value.
• Outside the US, is expected to account for nearly
  .. share of the market.
• The global SCS addressable population is expected
  to reach .. million people by 2020 increasing
  from ..million people in the year 2015.
• The global SCS system implants volume is expected
  to reach ..thousands by 2018, increasing from
  ..thousands implants in the year 2015.

Spinal Cord Stimulation Market by Value
(2014-2018E)
Global SCS Addressable Population (2014-2018E)
Global SCS System Implants Volume (2014-2018E)
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The regional market was driven by increasing
chronic back pain prevalence, increased failed
back surgeries, and growing number of ageing
population..
The US Chronic Back Pain Prevalence (2014-2018E)

• The total number of people suffering from chronic
  back pain in the US is expected to reach
  ..million by year 2018 increasing from ..million
  in the year 2015, recording growth at a CAGR ..
  for the period spanning from 2014-2018.
• The US spinal cord stimulation market is expected
  to be recorded at US.. million by 2018
  increasing from US.. million in the year 2015,
  recording a growth at a CAGR of .. from the
  period spanning from 2014-2018
• The spinal cord stimulation market outside the US
  is expected to be recorded at US.. million by
  2018 increasing from US.. million in the year
  2015, recording a growth at a CAGR of .. for the
  period spanning from 2014-2018.

The US SCS Market by Value (2014-2018E) )
SCS Market Value outside the US (2014-2018E)
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The Spinal Cord Stimulation market is
concentrated with major medical device companies
dominating the market through innovation in
technologies therapies
Global SCS Comparative Market Share (2015/2018E)

• XX has .. of market share for the year 2015 and
  it is expected to record a fall of .. in its
  market share by 2018.
• XX is expected to record .. of the market share
  by 2018 increasing from .. for the year 2015.
• In the US by 2015, trial units were recorded at
  ..thousands, whereas it is expected to reach
  ..thousands by 2020, growing at a CAGR of .. for
  the period spanning from 2015-2020.
• .. of respondents chose MRI for SCS devices,
  whereas .. of respondents chose Battery life.
• Other aspects of choosing SCS devices including
  recharge ability and cost were also considered to
  be important by .. and .. respondents
  respectively.

Increasing Trial Units in the US (2015-2020E)
Aspects of Choosing SCS Devices (2015)
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Cord Stimulation Market- 2016 Edition . To know
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