Pain Management Devices Market Size, Share, Trends, Industry Analysis and Forecast to 2024

1
Pain Management Devices Market size is projected
to experience significant growth from 2017 to
2024. Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Pain Management Devices
Market

• Increasing elderly population is a pivotal factor
  driving pain management devices market. As per
  WHO, the global population aged 60 years and
  above is expected to reach 2 billion by 2050 from
  900 million in 2015.
• Increasing age is directly linked to rising
  prevalence of age related chronic disorders such
  as cancer, musculoskeletal and neurological
  disorders requiring pain management devices.
• Favorable reimbursement policies in developed
  countries, rising awareness among patients about
  neuropathic pain treatment and technological
  advancements for developing novel devices to
  reduce pain are major factors accelerating the
  industry growth.
• High cost of devices and side-effects caused such
  as skin allergy, hyper pigmentation and redness
  can restrain the pain management devices market
  size during the forecasted period.

3

• Neurostimulation devices market is expected to
  witness lucrative growth owing to benefits
  offered such as long-term efficiency to provide
  relief from chronic pain coupled with established
  insurance coverage for these products in
  developed countries.
• The segment is categorized into spinal cord
  stimulation (SCS), transcutaneous electric nerve
  stimulation (TENS), deep brain and sacral neuro
  stimulators.
• Radiofrequency ablation devices market will
  exhibit healthy growth rate in the coming years
  due to wide application in managing cancer pain
  and various cardiac diseases. Analgesic infusion
  pumps market including intrathecal and external
  pumps will show prominent growth in the future.
• Neuropathy pain market will witness tremendous
  growth in the future due to growing elderly
  patient pool, increasing prevalence of chronic
  disorders leading to chronic and acute pain.

4
Competitive Market Share of Pain Management
Devices Market

• Based on the mode of purchase, the industry is
  bifurcated into prescription-based and
  over-the-counter (OTC) devices.
• The prescription-based segment holds the major
  industry share whereas the OTC segment will
  witness tremendous growth during the forecast
  timeline due to higher availability and awaiting
  FDA approvals for new products.
• U.S. will drive the pain management devices
  market size over the forecast timeframe owing to
  the rising awareness among the increasing elderly
  patient pool, established healthcare
  infrastructure and technological advancements.
• France and Germany are two vibrant countries of
  Europe accelerating the business due to
  increasing prevalence of chronic diseases and
  growing elderly population.

5

Browse Full Market Research Report On Pain
Management Devices Market _at_ http//bit.ly/2tl9mxY
Request for an in-depth table of contents for
this report _at_ http//bit.ly/2sOBtRJ
6
Stay In Touch Website www.gminsights.com Soci
al Media