Dallas, Texas (PRWEB) June 19, 2014
SCS therapy is becoming increasingly popular for the treatment of chronic, refractory, and neuropathic pain. Pain management therapy using SCS devices involves MI implantation of electrodes into the epidural space near the source of the pain. When stimulated by an external or internal source, the electrodes produce a low voltage current which blocks the brain’s ability to sense the previously perceived pain. With technological advances in neurostimulator technology the new devices allow patients to adjust the stimulation if their pain changes in location or severity. In addition, design improvements of electrodes and rechargeable batteries allow implantable SCS devices to be placed in locations for optimal and more efficient pain control. The demand for SCS devices is increasing significantly because of their advantages.
According to the “Global Pain Management Devices Market 2014-2018” report, an increase in the aging population worldwide has led to greater incidence of chronic diseases such as chronic arthritis, diabetic neuropathy, osteoarthritis, and cancer, which is driving the demand for better pain management devices.
The Global Pain Management Devices market can be segmented into three divisions: Neurostimulation Devices (SCS, DBS and SNS devices), Electrical Stimulation Devices (TENS devices), and Analgesic Infusion Pumps (PCA and Intrathecal pumps).
The Global Pain Management Devices Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Pain Management Devices market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in Global Pain Management Devices Market: Boston Scientific Corp., DJO Global, Inc. , Kimberly-Clark Corp. , Medtronic, Inc. , St. Jude Medical, Inc., Baxter Healthcare Corp. , B. Braun Melsungen AG , BioMedical Life Systems, Inc., Bio-Medical Research(BMR) Ltd, CME Medical, Codman And Shurtleff, Inc., GF Health Products, Inc., Flowonix Medical, Inc., International Rehabilitative Sciences, Inc., Hospira, Inc., NeuroTherm, Inc. , Omron Healthcare Co. Ltd, Smiths Medical , Sorenson Medical Products, Inc. , Stryker Corp. , Zynex Medical, Inc.
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Key Market Driver
- Increasing Aging Population.
Key Market Challenge
- Presence of Substitutes.
Key Market Trend
- Increasing Demand for SCS Devices.
Further, the report states that one of the major market challenges is the presence of substitutes such as the pain management drugs that are available for the treatment of migraine, neuropathic, musculoskeletal, surgical, and trauma pains.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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