Spinal Cord Stimulation (SCS) Devices Market
Spinal Cord Stimulation (SCS) Devices Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Spinal Cord Stimulation (SCS) Devices Market Size and Growth
The global Spinal Cord Stimulation (SCS) Devices market is projected to reach $2.5 billion by 2027, with a compound annual growth rate of 9.4%. The market is driven by rising prevalence of chronic pain and technological advancements in SCS devices. North America is expected to dominate the market due to high adoption rates.
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Companies Covered (Covid 19 Impact Covered)
◍ Medtronic
◍ Boston Scientific
◍ Abbott (St. Jude Medical)
◍ Nevro
◍ Nuvectra
The competitive landscape of the Spinal Cord Stimulation (SCS) Devices Market is dominated by key players such as Medtronic, Boston Scientific, Abbott (St. Jude Medical), Nevro, and Nuvectra. These companies offer innovative SCS devices and solutions to treat chronic pain. They contribute to market growth through R&D investments, strategic partnerships, and market expansion.
- Medtronic: $8.368 billion in FY2020 sales revenue
- Boston Scientific: $10.735 billion in FY2020 sales revenue
- Abbott (St. Jude Medical): $35.171 billion in FY2020 sales revenue
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Market Segmentation
By Application
Hospitals
Ambulatory Surgery Centers
By Product
Rechargeable SCS
Non-Rechargeable SCS
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Market Growth
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$ X Billion USD
