Asia Pacific region to be the fastest growing for global Spinal Cord Stimulation Market till 2022

Spinal cord stimulation blocks the sensation of pain with the use of a low voltage stimulation to spine. It’s a small device inserted in the body so as to transmit an electrical current to the spinal cord. When it turns on, the stimulation feels like a mild tingling in the area of pain. It helps the patients to manage the symptoms better and it will also potentially decrease the use of pain medications. It may also be an option for someone having an arm pain or chronic leg, and have not found relief with other therapies.the Global market is projected to reach USD 2718 million by 2022, at a CAGR of 8.6% from 2017 to 2022.

Global Spinal Cord Stimulation: Drivers & Restraints
Spinal Cord Stimulation market in this region is driven by factors like rising adult population, growing demand for minimally invasive surgeries, innovation of new therapies and technologies, rising cases of obesity and increasing aging demographics. However, there are number of factors which are challenging the growth of this market such as high cost related with therapy, stringent regulatory policies and major dependence on traditional SCS therapy.

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Global Spinal Cord Stimulation: Segmentation

By Application
• Introduction
• Degenerative Disk Disease (DDD)
• Failed Back Syndrome (FBS)
• Unsuccessful Disk Surgery
• Complex Regional Pain Syndrome (CRPS)
• Multiple Back Operations
• lumbar adhesive Arachnoiditis

By Product Type
• Introduction
• Non-Rechargeable
• Rechargeable

By End-users
• Introduction
• Hospitals
• Ambulatory Surgery Centers (ASC’s)
• Clinics

By Geography
• North America
o United States
o Canada

• Europe
o U.K
o Spain
o Germany
o Italy
o France

• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea

• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America

• Middle East & Africa
o Middle-East
o Africa

Global Spinal Cord Stimulation: Overview
Factors like rising adult population and a growing demand for minimally invasive surgeries are affecting the growth of this market. However, other factors such as high cost related with therapy and stringent regulatory policies are restraining the growth of this market. North America has the largest share in the market which is followed by Europe and Asia-Pacific, owing to the presence of top manufacturers in the region. Asia-Pacific has the highest growth rate during the forecast period, owing to increasing prevalence of pain.

Global Spinal Cord Stimulation: Key Players
Some of the major companies dominating Global Spinal Cord Stimulation Market are Boston, Medtronic, Nevro, St. Jude Medical, Greatbatch and Stimwave among others.

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