World News: 09:04 GMT Tuesday 3rd December 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Dec. 03, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.
The global spinal cord stimulation (SCS) market has observed healthy growth in the past few years and estimations are made that the market would bolster its growth during the forecasted period (2019-2023) also at an escalating growth rate.
The SCS market growth is expected to be supported by various growth drivers such as escalating obese population, upsurge in minimally invasive surgery, rising geriatric population, increasing healthcare spending, rising prevalence of neuropathic pain, an increasing number of spinal injury and many other factors.Conversely, the growth of global spinal cord stimulation (SCS) market would be negatively impacted by various challenges. Some of the primary challenges faced by the market are a legal obligation and side effects of spinal cord stimulation leading to limited acceptability of the same amongst patients.
The rise in adoption of surgical robots, innovative product launches such as Proclaim XR and 7D surgical systems and efforts by major players to expand presence in the market through M&A are some of the latest trends existing in the market.
The global spinal cord stimulation (SCS) market includes players like Abbott Laboratories Inc. (St. Jude Medical), Medtronic PLC, Boston Scientific Corporation and Nevro Corporation whose company profiling has been done in the report. In this section of the report, business overview, financial overview and business strategies of the companies have been provided.
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Globe Newswire: 09:04 GMT Tuesday 3rd December 2019
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