Spinal Cord Stimulation Market Analysis From 2020 To 2026 By Product (Implantable Pulse Generator, Radiofrequency System), By Disease Indication (Failed Back Syndrome, Degenerative Disk Disease, Complex Regional Pain Syndrome, Arachnoiditis), By End Users (Hospital, Ambulatory Surgical Centers, Specialty Clinics), and Regional Forecast 2019-2026.
Top Key Players: Medtronic, Stimwave LLC, Nevro Corp., and Nuvectra, Abbott.
Click here to get the short-term and long-term impact of COVID-19 on this Spinal Cord Stimulation Market: https://www.fortunebusinessinsights.com/industry-reports/spinal-cord-stimulation-market-100313
An Overview of the Impact of COVID-19 on Spinal Cord Stimulation Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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The global spinal cord stimulation market is expected to gain from increasing per capita income. Recently Fortune Business insights, published a report, titled “SPINAL CORD STIMULATION: GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2019-2026,” which studies in detail various factors influencing the market’s growth trajectory. According to the report, the global spinal cord stimulation market was worth US$ 2,268.9 Mn in 2018. The global market is anticipated to progress at a CAGR of 8.1% and value US$ 4,236.2 Mn by the end of 2026. The report offers a comprehensive overview on various segments of the global spinal cord stimulation market.
Abbott and Boston Scientific Corporation hold a significant share and are together leading the global spinal cord stimulation market. These companies are projected to lead the global market during the forecast period also. The growth witnessed is attributable to successful completion of acquisition of St. Jude Medical Inc. by Abbott. Product launch by Boston Scientific Corporation is also contributing towards the growth. St. Jude Medical Inc., was acquired by Abbot in 2017, which further gave Abbot access to St. Jude Medical’s product portfolio and market share. Strategic collaborations are intended at expanding footprint and product portfolio. Such expansion strategies are expected to bode well for the overall market. Some of the other companies operating in the global spinal cord stimulation market are Medtronic, Stimwave LLC, Nevro Corp., and Nuvectra.
This Report lets you identify the opportunities in Spinal Cord Stimulation Market by means of a region:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
With tables and figures helping analyze worldwide this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Major Table of Content:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
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Spinal Cord Stimulation Market Analysis From 2020 To 2026