About Neurostimulation
Neurostimulation devices are gaining acceptance as an alternative therapy for certain chronic pain conditions. These devices have also been used in the management of neurological disorders like Parkinson’s disease and epilepsy. The currently available neurostimulators mainly focus on SCS, deep brain stimulation (DBS), vagus nerve stimulation (VNS), and sacral nerve stimulation (SNS).
Technavio’s analysts forecast the global spinal cord stimulation (SCS) devices market to grow at a CAGR of 4.84% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global spinal cord stimulation (SCS) devices market for 2016-2020. To calculate the market size, we consider the revenue generated from the sale of SCS devices.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Spinal Cord Stimulation (SCS) Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Boston Scientific
• Medtronic
• Nevro
• St. Jude Medical
Other prominent vendors
• Greatbatch
• Stimwave
Market driver
• Favorable reimbursement and insurance approval policies
• For a full, detailed list, view our report
Market challenge
• Stringent regulatory approvals and high cost of devices
• For a full, detailed list, view our report
Market trend
• Innovative techniques in minimally invasive spinal surgery
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by application
PART 07: Market segmentation by product
• Market overview
PART 08: Market segmentation by end-user
• Market overview
• Market size and forecast
PART 09: Geographical segmentation
• SCS devices market in Americas
• SCS devices market in EMEA
• SCS devices market in APAC
PART 10: Market drivers
• Rapid advances in high-frequency device technologies leading to rise in implantation procedures
• Favorable reimbursement and insurance approval policies
• High market potential for SCS devices in neurostimulation
PART 11: Impact of drivers
PART 12: Market challenges
• Stringent regulatory approvals and high cost of devices
• Availability of alternate effective medication options
• Dearth of expertise and trained healthcare personnel
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Innovative techniques in minimally invasive spinal surgery
• Shift of surgeons' focus toward SCS procedures
• Continuous investment by manufacturers
PART 15: Vendor landscape
• Competitive scenario
PART 16: Key vendor analysis
• Boston Scientific
• Medtronic
• Nevro
• St. Jude Medical
• Other prominent vendors
PART 17: Appendix
• List of abbreviations
PART 18: Explore Technavio
List of Exhibits
Exhibit 01: Global SCS devices market
Exhibit 02: Product offerings
Exhibit 03: Opportunity analysis of global SCS devices market
Exhibit 04: Global SCS devices market 2015-2020 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Market opportunities by key applications
Exhibit 07: Classification of neurostimulators
Exhibit 08: Components of SCS system
Exhibit 09: Comparison chart for different SCS devices
Exhibit 10: Market metric analysis of conventional IPG devices 2015 and 2020
Exhibit 11: Market metric analysis of rechargeable IPG devices 2015 and 2020
Exhibit 12: Global market shares for conventional IPG, rechargeable IPG, and radio frequency PG 2015 and 2020
Exhibit 13: Global SCS devices market by end-user 2015
Exhibit 14: Global SCS distribution share 2020
Exhibit 15: Global SCS devices market by geography 2015
Exhibit 16: SCS devices market in Americas 2015-2020 ($ billions)
Exhibit 17: SCS devices market in EMEA 2015-2020 ($ millions)
Exhibit 18: SCS devices market in APAC 2015-2020 ($ millions)
Exhibit 19: Impact of drivers
Exhibit 20: Impact of drivers and challenges
Exhibit 21: Impact assessment of global SCS devices market
Exhibit 22: Global SCS devices market: Competitive scenario
Exhibit 23: Market share of key vendors in global SCS devices market 2015
Exhibit 24: Boston Scientific: Metric analysis
Exhibit 25: Medtronic: Metric analysis
Exhibit 26: Nevro: Metric analysis
Exhibit 27: St. Jude Medical: Metric analysis
Exhibit 28: Other prominent vendors