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

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Global Spinal cord stimulation therapy market is used to reduce the pain signals that are sent to the brain. For more mail: vikas@konceptanalytics.com – PowerPoint PPT presentation

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


1
Spinal Cord Stimulation Market- 2016 Edition
----------------------------------------- 2016
View Report Details
2
View Report Details
  • 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.

3
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)
4
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)
5
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)
6
Contact Us
View Report Details
These are abridged and sanitized sample pages
from the comprehensive report on the Spinal
Cord Stimulation Market- 2016 Edition . To know
more about this report or for any customized
research requirement, please contact the
following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com
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