Spinal cord stimulators market is expected to grow at a CAGR of 10.2% during the forecast period. The market is driven by rising demand for instruments that are used for treating chronic pain and failed back syndrome. Various Spinal cord stimulators are getting approved by FDA which creates enormous opportunities for the market. For instance, in January 2018, the US FDA approved Nevro Corporation’s Senza II for chronic pain treatment. The company again reached FDA’s approval for Algovita spinal cord stimulation device in June 2019.
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Moreover, several product launches were reported over the years. for instance, Boston Scientific Corp. launched Precision Plus spinal cord stimulator system. The system enables to control the amount of current that are delivered to every contact, like it’s another product named Precision Spectra. It contains and 16 dedicated power sources and 16 contacts that enables to exactly target pain with increments of 0.04 mm.
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Some of the major companies operating in the spinal cord stimulators market include Abbott Laboratories Inc., Boston Scientific Corp., Cala Health, Incorporated, Livanova PLC, Medtronic PLC, Nevro Corp., Nuvectra Corp., Stimwave LLC, among others. Major focus of the market players includes R&D and product launch. For instance, in January 2019, Boston Scientific Corp. had launched Spectra WaveWriter SCS System in Europe. The system can treat chronic pain as per individual needs by simultaneously combining paresthesia-based and sub-perception therapy.
Global Spinal Cord Stimulators Market Segmentation

By Application

• Failed Back Syndrome
• Complex Regional Pain Syndrome
• Degenerative Disk Disease
• Others

By End-User

• Hospitals and Clinics
• Research Institutes

Regional Analysis

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

Company Profiles

• BioControl Medical Inc.
• Boston Scientific Corp.
• Cyberonics Inc.
• Medtronic, Inc.
• Neuronetics Inc.
• Neuropace Inc.
• Neurosigma Inc.
• Nevro Corp.
• Nuvectra Corp.
• St. Jude Medical Inc.
• Synapse Biomedical Inc.

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