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spinal cord stimulators: a market snapshot

The global spinal cord stimulation market is well placed to gain on the growing base of aging population, and the resultant rise in age-related diseases such as, Parkinson's disease.

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spinal cord stimulators: a market snapshot

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  1. Spinal Cord Stimulators: A Market Snapshot

  2. The global spinal cord stimulation market is well placed to gain on the growing base of aging population, and the resultant rise in age-related diseases such as, Parkinson's disease. Favorable regulations and application of technology in broader therapy systems, offers huge prospects for the spinal cord stimulation treatment modality. The market was valued at $997.2 m in 2008, and is forecast to grow at the rate of 14% CAGR between 2008 and 2015 to reach $2.6 billion in 2015 globally. The US accounted for 84% of the global spinal cord stimulators market in 2008. Increasing number of spinal fusion procedures has driven growth in this market. Medtronic, Inc. is the market leader in the global spinal cord stimulation market, accounting for 74% of the total market in 2008. With an increasing number of mergers and acquisitions in the past five years, the spinal cord stimulators market is witnessing market consolidation. Low awareness about this alternative treatment of pain is the key challenge in this market. This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below: http://www.researchviews.com/healthcare/medical/neurologydevices/Viewpoints.aspx?sector=Neurology%20Devices&DocID=9904 Access the latest Neurology Devices analysis for free at http://www.researchviews.com

  3. About ResearchViews.com ResearchViews is your number one portal for industry related news, research, analysis and deals data. ResearchViews offers up to the minute content produced by an expert team of industry analysts. All content on the site is free to view and allows users to keep up to date with the latest developments in their chosen industry. Free daily and weekly newsletters provide a snapshot of the major issues affecting the industry. The site also features a research store, providing the user with access to premium business intelligence from some of the world's leading market research publishers. Contact Information: Rajesh Gunnam rgunnam@globaldata.com +914066166782

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