Scientists Confirm Overcoming Paralysis in Non-human Primates Using Spinal Cord Stimulation Which may Drive the Market According to Market Data Forecast Study
HYDERABAD, India, November 14, 2016 /PRNewswire/ --
According to the report "Spinal Cord Stimulation Market", published by Market Data Forecast, the global market is projected to reach USD xxx Million by 2021, at a CAGR of xxx % from 2016 to 2021.
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Spinal cord stimulation can also be called as Neurostimulation that directs the mild electrical pulses which interfere with the pain messages reaching the brain. These pulses are generated by a small device called Spinal cord stimulator implanted near the spine. Cervical and lumbar radiculitis, failed back surgery syndrome, complex regional pain syndrome and neuropathy are some conditions that are helped by the therapy. So, the demand for the Spinal Cord stimulator has been growing.
The major factors that are driving the growth of the market are rising adult population, rising demand for minimally invasive surgeries, innovation of new technologies & therapies, increasing cases of obesity, and increasing in ageing demographics. High cost related with therapy, stringent regulatory approvals, and major reliance on traditional SCS therapy are the major restraints that hamper the growth of the dental device market.
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The Spinal Cord Stimulation Market is Segmented as follows:
Based on Application:
- Degenerative Disk Disease (DDD)
- Failed Back Syndrome (FBS)
- Unsuccessful Disk Surgery
- Complex Regional Pain Syndrome (CRPS)
- Multiple Back Operations
- lumbar adhesive Arachnoiditis
Based on Product Type:
Based on End-users:
- Ambulatory Surgery Centers (ASC's)
Based on Geography
- North America Spinal Cord Stimulation Market
- Europe Spinal Cord Stimulation Market
- Asia - Pacific Spinal Cord Stimulation Market
- Latin America Spinal Cord Stimulation Market
- Middle East & Africa Spinal Cord Stimulation Market
Some of the major companies dominating the global market are Boston, Medtronic, Nevro, St. Jude Medical, Greatbatch, Stimwave.
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The Spinal Cord Stimulation Market Report contains the following deliverables:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter's five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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