The global spinal cord stimulation devices market will grow at a 5.7 compound annual growth rate through 2021, according to an iHealthcareAnalyst report.
Here are three observations:
1. The market is set to hit $2.4 billion by 2021.
2. Development of new applications and technologies is spurring market growth as well as the introduction of customized treatments.
3. Key market players include Abbott Laboratories, Boston Scientific Corp., Medtronic, Nevro Corp., Saluda Medical and Stimwave Technologies.
Editor's Note: An earlier version of this article included Integer Holdings Corp., as a key market player. Integer is a contract manufacturer/medical device outsourcer. The company does not directly sell spinal cord stimulator devices to hospitals. We regret this error.
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