Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Spinal Cord Stimulators with NICE Stamp of Approval Lucrative for the Western European Pain Management Devices Market Notes Frost & Sullivan - New analysis from Frost & Sullivan, Western European Pain Management Devices Markets, finds that the market earned revenues of over $801.2 million in 2008 and estimates this to reach $1,379.1 million in 2015
Spinal Cord Stimulators with NICE Stamp of Approval Lucrative for the Western European Pain Management Devices Market Notes Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2009/09/21 - New analysis from Frost & Sullivan, Western European Pain Management Devices Markets, finds that the market earned revenues of over $801.2 million in 2008 and estimates this to reach $1,379.1 million in 2015.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Despite the economic downturn impeding growth in most European healthcare markets, the guidelines passed by the National Institute for Health and Clinical Excellence (NICE) in 2008, forecasts an ’electric’ future for spinal chord stimulators (SCS) in the United Kingdom. NICE recommends the use of SCS for patients experiencing chronic neuropathic pain for longer than six months in spite of using alternative pain management therapies. This recommendation paves the way for better patient access to SCS therapy. The National Health Service (NHS) in England and Wales is directed to provide funds and resources for NICE-approved technologies, typically within three months of the publication date.

New analysis from Frost & Sullivan (medicaldevices.frost.com), Western European Pain Management Devices Markets, finds that the market earned revenues of over $801.2 million in 2008 and estimates this to reach $1,379.1 million in 2015.

"In addition to the NICE guidelines that are set to support the growth of SCS, the advanced features of the rechargeable SCS are expected to drive long-term growth in the European pain management devices market," says Frost & Sullivan Research Analyst Lizelle Wentzel. "Although rechargeable SCS is expensive, it reduces repetitive invasive surgery, has advanced features and will have diverse pain applications in the future."

SCS used for the management of migraine will become a popular trend boosting the growth of this market. It is estimated that 19 per cent of Europe’s population suffers from chronic pain. In the United Kingdom alone, there are 2,000 new cases of failed back surgery syndrome (FBSS) annually. SCS works by sending electric pulses to electrodes situated near the spinal cord. The electric pulses inhibit the pain messages sent to the brain and manage the continuous pain the patient is otherwise likely to experience.

The Western European pain management devices market is expected to grow exponentially in the long term. Pain management technologies offer several advantages such as the ability to apply pain medication locally compared to systemic administration. Technologies such as SCS are capable of treating chronic pain without using pharmaceuticals and, in the long term, such devices will be more cost effective with lower risks of side effects such as addiction to pharmaceuticals. Pain management devices that enable chronic pain sufferers to be mobile will also drive this market as SCS and fully implanted pumps have the advantage of patient mobility. Such trends will sustain long-term market growth.

However, there is low awareness about alternative treatment of pain, with knowledge about pain management varying across Western Europe. With different countries more receptive towards new technologies and also more informed, awareness – both among end users and patients – in this field is still the key challenge for manufacturers in this space.

"Devices used as an alternative to pharmaceuticals in the treatment of chronic pain are unknown to several end-users and, in certain geographical regions, medical professionals are less open to alternative technologies," explains Wentzel. "Future growth will depend on increased awareness among the main stakeholders in this market."

Pain management devices companies should collaborate with pharmaceutical companies on marketing efforts as the latter continue to dominate 90 per cent of the total pain management market.

"Awareness on the use of devices in combination with pharmaceuticals are crucial for market expansion," concludes Wentzel. "With pharmaceutical companies placing huge effort into marketing and relationships with KOLs, this strategy will benefit both parties in the long run."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Katja Feick, Corporate Communications, at katja.feick[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

Western European Pain Management Devices Markets is part of the Medical Devices Growth Partnership Services program, which also includes research in the following markets: European IV Therapy and Enteral Nutrition Devices Market, Western-European Markets for Custom Procedure Trays, Navigating the European Medical Devices Market during Economic Downturn, European Mobility Aids Market, Western European Markets for Compression Therapy, Western European Wound Closure Market, European Medical Devices Company Profiles, and Western European Cardiac Rhythm Management Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

Western European Pain Management Devices Markets / M415

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Spinal Cord Stimulators with NICE Stamp of Approval Lucrative for the Western European Pain Management Devices Market Notes Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Katja Feick 
+49 (0) 69 7703343 katja.feick[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Medical Services/Equipment Most Recent Related Press Releases:

PMR Releases Report for Next Generation IV Infusion Pumps Market Impact of Existing and Emerging Market 2017-2025
Medical Tapes Market to Reach US$ 2Bn by 2024 Reports PMR
Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR
Huber Needles Market Expected to Reach US$ 55M by 2024 According to PMR
ZOLL Technologies for Improving CPR Quality to be Showcased at NTI 2017
ConfirmMDx Improves Prostate Cancer Diagnosis in African American Men
Biomarker-based Technologies to Disrupt Conventional Diagnosis in Diabetes Management across the Globe Finds Frost & Sullivan
Agfa Specialty Products Announces the Launch of UNIQOAT
Sparta Releases Stratas 3.0 and TrackWise Intake
GE Healthcare Signs Agreement with HealthTrust to Supply Radiopharmaceuticals

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit RightITnow Ltd

Visit  BizJobs.com







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today