Sunday, October 09, 2016 10:34:50 AM
http://www.marketwired.com/press-release/neurostimulation-emerges-as-an-alternative-to-opioids-2164201.htm
Neurostimulation Emerges as an Alternative to Opioids
More Physicians Seek Interventional Therapies for Acute and Chronic Pain; Top Pain Doctors Praise New Peripheral Nerve Stimulation System From SPR Therapeutics; Global Neuromodulation Market to Hit $7 Billion by 2018
CLEVELAND, OH--(Marketwired - Oct 5, 2016) - Pain physicians in the United States are turning to neurostimulation to treat chronic and acute pain in an effort to combat the opioid epidemic. The global neuromodulation devices market is expected to reach $7.07 billion by 2018, up 270 percent from 2011, according to a recent report by Transparency Market Research. Neurostimulation is a drug-free therapy that uses mild electrical pulses to activate and stimulate nerves to achieve pain relief.
"We're seeing a greater desire among physicians to use drug-free therapies such as neurostimulation for the relief of chronic and acute pain," said Maria Bennett, SPR® Therapeutics Founder, President and CEO. "Opioids have almost no long-term efficacy data and are known to cause abuse, addiction and death. Neurostimulation is a safe, effective treatment for sustained pain relief."
The annual cost of chronic pain in the United States is as high as $635 billion a year, which is more than the yearly costs for cancer, heart disease and diabetes according to a study by the American Pain Society. Currently, opioids are the primary treatment option for moderate-to-severe chronic and acute pain.
http://www.bielcorp.com/rx-problem-mitigating-opioid-medications/
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