Latin America Spinal Cord Stimulation (SCS) Market by Application, by Product Type, by End-users and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
Spinal cord stimulation blocks the sensation of pain by using a low voltage stimulation to spine. It is a small device implanted in the body to transmit an electrical current to the spinal cord.
The mild current is produced by a small devices known as spinal cord stimulator which is implanted near the spine. Cervical and lumbar radiculitis, failed back surgery syndrome, complex regional pain syndrome are also helped by the therapy.
It may also be an option if you have an arm pain or chronic leg, and have not found relief with other therapies.
Latin America spinal cord stimulation market is mainly driven by rising adult population, rising demand for minimally invasive surgeries, innovation of new technologies & therapies, increasing cases of obesity, and increasing in ageing demographics. High cost related with therapy, stringent regulatory approvals, and major reliance on traditional SCS therapy are the restraints that are hampering the growth of the market.
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Based on Application, the market is segmented into Degenerative Disk Disease (DDD), Failed Back Syndrome (FBS), Unsuccessful Disk Surgery, Complex Regional Pain Syndrome (CRPS), Multiple Back Operations, and lumbar adhesive Arachnoiditis. Based on product type, the market is segmented into rechargeable, non-rechargeable.
Based on End users, the market is segmented into Hospitals, Ambulatory Surgery Centers (ASC’s), clinics. Based on Geography, the Latin America Spinal Cord Stimulation market is analyzed under various regions namely Brazil, Argentina and Mexico.
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Key players influencing the Latin America Spinal Cord Stimulation market are Boston, Medtronic, Nevro, St. Jude Medical, Greatbatch, Stimwave.
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