Recent Developments
Medtronic is a medical device company; it is one among the world’s largest medical equipment development companies. FDA approved the company’s new synchronized II myPTM, which assists the patients to monitor their pain and can set doses based on the pain. It is known as Medtronic pump, is indicated for patients with chronic pain. Medtronic had launched beacon heart failure management service, designed to monitor data from cardiac pacing devices to improve early interventions before heart failure events. Medtronic’s acquisition of Mazor strengthens Medtronic’s position as a global leader in enabling technologies for heart surgeries, and drives Mazor Robotics; vision to bring its core technology to the forefront of the global market
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Market Segmentation
Market Data Forecast published a report named Global SpinalCord Stimulation Market currently valued USD 1871.6 million in 2018 and it is expected to reach USD 2827.4 million by 2023 at a CAGR of 8.6%
Report is segmented by
Application
· Degenerative Disk Disease (DDD)
· Failed Back Syndrome (FBS)
· Unsuccessful Disk Surgery
· Complex Regional Pain Syndrome (CRPS)
· Multiple Back Operations
· Lumbar adhesive Arachnoiditis
Product type
· Non- Rechargeable
· Rechargeable
Geographical Segmentation:
Based on Geography, the Spinal Cord Stimulation market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America has the highest share in the market followed by Europe and Asia-Pacific due to the presence of top manufacturers in the region. Asia-Pacific is accounted to have the highest CAGR over the forecast period owing to increasing prevalence in pain.
Key market players in the market are -
- Boston
- Medtronic
- Nevro
- Jude Medical
- Great batch
- Stimwave
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The scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook on the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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