Medtronic is a key leader in the expansive global spinal cord stimulation market: 5 takeaways

Written by Mary Rechtoris | August 12, 2016 | Print  |

Medtronic is among the key vendors in the growing spinal cord stimulation market, according to a Research and Markets report.

Here are five takeaways:

 

1. From 2016 to 2020, the market is expected to increase at a compound annual growth rate of 4.84 percent.

 

2. Surgeons' preference for minimally invasive spinal cord stimulation devices has spurred market growth.

 

3. Advances in high-frequency technologies leading to more implant procedures are also driving market growth.

 

4. In addition to Medtronic, the vendors leading the market include Boston Scientific, Nevro and St. Jude Medical.

 

5. Other vendors include Greatbatch and Stimwave.

 

More articles on devices:
Amedica's Q2 revenue drops 16%, adds OEM partner: 8 things to know
JRI Orthopaedics completes Sheffield Medical acquisition: 4 takeaways
Misonix supports Texas Back Institute's surgeon's Uganda Spine Surgery Mission: 5 things to know

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