(PharmaNewsWire.Com, December 01, 2017 ) Europe has accounted the Second largest share in the Spinal Cord Stimulation market due to the increasing awareness and increasing aging population.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.
A spinal cord stimulator (SCS), also called as dorsal column stimulator has a small wire that carries the current from a pulse generator to nerve fibers of the spinal cord. The pain has been reduced because the electrical current interrupts the pain signal from reaching your brain. Spinal cord stimulator has been used for decades, and has been used for an increasing number of conditions. Due increasing number of application in various pain management conditions, the demand for the SCS has been growing from years.
The factors that are driving the growth of Europe Spinal cord stimulation 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. However, there are a number of factors that are hampering the growth of the Spinal cord Stimulation market like high cost related with therapy, stringent regulatory approvals, and major reliance on traditional SCS therapy.
Based on Application, the market is segmented into Degenerative Disk Disease (DDD), Failed Back Syndrome (FBS), Unsuccessful Disk Surgery, Complex Regional Pain Syndrome (CRPS), Multiple Back Operations, and lumbar adhesive Arachnoiditis. Based on product type, the market is segmented into rechargeable, non-rechargeable. Based on End users, the market is segmented into Hospitals, Ambulatory Surgery Centers (ASC’s), clincis. Based on Geography, the Europe Spinal Cord Stimulation market is analyzed under various regions namely U.K, Germany, France, Italy and Spain.
Some of the key companies operating in Europe Spinal Cord Stimulation market are Boston, Medtronic, Nevro, St. Jude Medical, Greatbatch, Stimwave.
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