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Montag, 12. August 2019, 09:39

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Spinal Cord Stimulators Market will expand at a healthy CAGR
of 6.4% during the forecast period (2017-2027)
by ankush321 · January 11 Jimmy Howard Red
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, 2019

Introduction of affordable devices would pave huge opportunities for the
global聽spinal cord stimulators market聽across developing economies. Customized
spinal cord stimulators as per the requirements of an individual is expected to
offer higher growth potential for leading market players. Specialists in
healthcare settings are more likely to prescribe devices that are smaller in
size, owing to their easy implantation and less painful surgical procedure.

In terms of value, an impressive 6.4% CAGR is estimated for the global spinal
cord stimulators market by a report of Future Market Insights (FMI). In 2017,
the market will account for nearly US$ 2,000 Mn in revenues; by 2027 this number
is estimated to reach US$ 3,568.2 Mn. Growth of the market is primarily
attributed to under penetration of potential market.

Spinal Cord Stimulators鈥?Ability of Reducing Opioid Analgesics Addiction to
Drive the Market Growth

Majority of patients with chronic pain are increasingly depending upon opioid
analgesics; however spinal cord stimulators is capable of reducing this
addiction to a great extent. Entry of additional competitors in the market is
expected to increase awareness about effectiveness of spinal cord stimulators.
Spinal cord stimulators are comparatively more cost-effective than conventional
medical management (CMM). Leading companies in the market are taking initiatives
in improving technology for spinal cord stimulators. The aforementioned factors
are estimated to drive growth of the global spinal cord stimulators market.

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However Tomas Tatar Red
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, spinal cord stimulators have little access to
evidence-based data in order to confirm effectiveness of these devices for
management of chronic pain. Clinical validation of spinal cord stimulation is
based on observational data, instead of verified data. This had led several
private insurance companies to refuse reimbursement of costs, which in turn is
impeding the market growth. In addition, complications associated with spinal
cord stimulators, such as paresthesia- characterised by burning sensation, is
further expected to restrain growth of the global spinal cord stimulators

Rechargeable Spinal Cord Stimulators will Remain Sought-After Product in the

In terms of value Gustav Nyquist
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, rechargeable spinal cord stimulators are
expected to remain sought-after product in the market. Revenues amassed from
sales of rechargeable spinal cord stimulators are expected to reach US$ 2,530.4
Mn by 2027-end. In addition, sales of non-rechargeable spinal cord stimulators
are anticipated to expand at 4.6% CAGR through 2027. Factors such as low battery
life, and requirement of surgery for replacement of battery are restricting
adoption of non-rechargeable spinal cord stimulators across the globe.

Application of spinal cord stimulators will remain highest in failed back
surgery syndrome (FBSS), with sales estimated to surpass US$ 1,000 Mn in 2017.
In addition Justin
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, complex regional pain syndrome (CRPS)
is projected to be the second-fastest growing application of spinal cord
stimulators in the market. In terms of value, sales of spinal cord stimulators
in CRPS are estimated to register 5.8% CAGR through 2027.

Request to View TOC @聽 >

Adoption of Spinal Cord Stimulators to Witness Fastest Growth in Ambulatory
Surgical Centres

Although hospitals will continue to be largest end-users of spinal cord
stimulators, adoption will witness fastest growth in ambulatory surgical
centres. Sales of spinal cord stimulators in hospitals are estimated to account
for revenues worth US$ 627.9 Mn in 2017. Demand for spinal cord stimulators in
ambulatory surgical centres is projected to exhibit 6.8% CAGR through 2027. In
contrast, demand for spinal cord stimulators in clinics will remain sluggish in
the market.

North America will continue to remain dominant in the global spinal cord
stimulators market, with sales estimated to reach nearly US$ 3,000 Mn in
revenues by 2027-end. Western Europe will remain the second-largest market for
spinal cord stimulators Nick Jensen Red
Wings Jersey
, expanding at 6.1% CAGR through 2027. In addition,
markets in Eastern Europe and Japan are estimated to exhibit parallel expansion
at 6% CAGR through 2027.

Read Report Overview @聽

Key market players identified in FMI report include Boston Scientific
Corp., Medtronic Private Limited Company, St Jude Medical LLC, Nevro Corp,
Nuvectra Corporation Authentic
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, Stimwave, Saluda Medical PTY Limited.

Project Manager Salary - Is Your Salary Appropriate? Business
Articles | November 1, 2010
The PMI?s market research team has conducted a survey at the end of last year
and the results were published during the first quarter of this year. This
article highlights a few key findings from survey results.

The PMI?s market research team has conducted a survey at the end of last year
and the results were published during the first quarter of this year. Nearly
35,000 project management practitioners from countries including Australia,
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, Taiwan, United Arab Emirates, United Kingdom
and United States provided their salaries with the research team. You can find
the quick summary of the survey below.

The salaries of project managers varies based on number of years of
experience, domain, places they live and countries they live. Project
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