Spinal cord stimulator (SCS) is also known as dorsal column
stimulator. The system comprises and an electric pulse generator. Functioning
of the spinal cord stimulator is based on the pain management therapy. The
spinal cord stimulator hinders transmission of pain signals to the brain so
that the brain does not identify the pain. The device gives positive,
symptomatic, and long-term effects in cases of sciatica, cervical
radiculopathy, failed back surgery syndrome (FBSS), reflex sympathetic
dystrophy, arachnoiditis, and peripheral neuropathy. Spinal cord stimulation
received approval from the U.S. FDA in 1989 for indications such as nerve
damage in the trunk, arms, or legs. According to a study conducted by the
Institute of Medicine of The National Academies, 100 million people in the U.S.
suffer from chronic pain. Moreover, the study states that the incidence rate of
lower back pain is the maximum. Lower back pain accounted for around 30% of all
kinds of chronic pain.
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The spinal
cord stimulators market is large-sized and relatively untouched. Spinal
cord stimulators possess high potential to treat widespread chronic back
pain. The global spinal cord stimulators market is anticipated to witness
significant growth in the next few years due to rising geriatric population,
increasing demand for minimally invasive surgeries, and technological
advancements across the world. In May 2015, Nevro Corporation received the U.S.
FDA’s approval for its Senza spinal cord stimulator (SCS) system. This
implantable and rechargeable system helps in relieving chronic pain in the
limbs and the trunks. The upcoming product innovations and new product launches
are expected to boost the market from 2017 to 2025. However, factors such as
unfavorable reimbursement scenario, lack of trained professionals, and high
cost of products and treatment are hindering the market for spinal cord
stimulators. According to a survey conducted by ECRI Institute in January 2015,
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The global spinal cord stimulators market has been classified
based on product, application, end-user, and geography. Based on product, the
market has been segmented into rechargeable spinal cord stimulator systems and
non-rechargeable spinal cord stimulator systems. Compact size, user-friendly
nature, and launch of new rechargeable systems are some of the factors fueling
the rechargeable systems segment.
Based on
application, the global spinal cord stimulators market has been divided into
sciatica, failed back syndrome (FBS), arachnoiditis, degenerative disk disease,
and others. High prevalence of chronic back pain and disk surgery and
increasing demand for devices providing rapid relief are major factors likely
to increase the demand for spinal cord stimulators during the forecast period.
The market is anticipated to witness high growth in the next few years, due to
rise in the number of health care organizations and clinics and
commercialization of products across the globe. Hospitals is anticipated to be
a major end-user segment of the SCS systems market and is anticipated to dominate
the market during the forecast period.
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Geographically, the global spinal cord stimulators market has
been classified into North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa. The U.S. was the largest market in terms of
revenue in 2016. while the market in is likely to expand at the most rapid pace
during the forecast period.
Boston
Scientific, St. Jude Medical, Medtronic Plc, Nevro Corporation are key players
operating in the global market for spinal cord stimulators. They are making
investments in research activities to launch new devices. Several new entrants
such as Stimwave, Greatbatch, Autonomic Technologies, Inc., and Cyberonics are
planning to expand in the global spinal cord stimulators market in the near
future.
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