Global Spinal Cord Stimulation Devices Market Growth 2023-2029

Global Spinal Cord Stimulation Devices Market Growth 2023-2029

Product Code:457719

Published Date: Feb 08,2023

Pages: 93

Region: Global

Category: Medical Devices & Consumables

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A Spinal Cord Stimulator (SCS) or Dorsal Column Stimulator (DCS) is a type of implantable neuromodulation device (sometimes called a "pain pacemaker") that is used to send electrical signals to select areas of the spinal cord (dorsal columns) for the treatment of certain pain conditions. SCS is a consideration for people who have a pain condition that has not responded to more conservative therapy.

LPI (LP Information)' newest research report, the “Spinal Cord Stimulation Devices Industry Forecast” looks at past sales and reviews total world Spinal Cord Stimulation Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Spinal Cord Stimulation Devices sales for 2023 through 2029. With Spinal Cord Stimulation Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spinal Cord Stimulation Devices industry.

This Insight Report provides a comprehensive analysis of the global Spinal Cord Stimulation Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Spinal Cord Stimulation Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Spinal Cord Stimulation Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Spinal Cord Stimulation Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Spinal Cord Stimulation Devices.

The global Spinal Cord Stimulation Devices market size is projected to grow from US$ 2430 million in 2022 to US$ 3863 million in 2029; it is expected to grow at a CAGR of 3863 from 2023 to 2029.

Global Spinal Cord Stimulation Devices key players include Boston Scientific, Medtronic, Abbott (St. Jude Medical), Nevro, Nuvectra, etc. Global top five manufacturers hold a share about 95%. China is the largest market, with a share about 30%, followed by Japan and Australia, both with a share about 20 percent. In terms of product, Rechargeable is the largest segment, with a share about 75%. And in terms of application, the largest application is Hospitals, followed by Ambulatory Surgery Centers, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Spinal Cord Stimulation Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Rechargeable SCS
    Non-Rechargeable SCS

Segmentation by application
    Hospitals
    Ambulatory Surgery Centers

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Medtronic
    Boston Scientific
    Abbott (St. Jude Medical)
    Nevro
    Nuvectra

Key Questions Addressed in this Report
What is the 10-year outlook for the global Spinal Cord Stimulation Devices market?
What factors are driving Spinal Cord Stimulation Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Spinal Cord Stimulation Devices market opportunities vary by end market size?
How does Spinal Cord Stimulation Devices break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?