Pain Management Market Trends, Dynamics & Market Insights

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Presents a Research Report on Pain Management
Market
The report on the Pain Management Market is
segmented By Drugs (Drugs, Opioids Non-narcotic
Analgesics, NSAIDS, Anesthetics, Anticonvulsants,
Anti-depressants, Others), By Devices (Neurostimul
ation Devices Transcutaneous Electrical Nerve
Stimulation (TENS) Devices, Brain and Spinal Cord
Stimulation (SCS) Devices, Analgesic Infusion
Pumps Intrathecal Infusion Pumps, External
Infusion Pumps), By Application (Neuropathic
Pain, Cancer Pain, Facial Pain and Migraine,
Musculoskeletal Pain, Others) and Region -
COVID-19 Impact Analysis and Forecast to 2026.


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The Pain Management Market Highlights Drivers

• The Pain Management Market is projected to grow
  from USD 65.2 billion in 2020 to USD 86.1
  billion by 2026 at a CAGR of around 4.8 during
  the forecast period.
• The growth of the pain management market is
  primarily driven by increasing incidences of
  chronic illness including diabetic neuropathy,
  cancer, and osteoarthritis among others.
  Expanding the geriatric populace across
  geographies is another key factor that is likely
  to propel market growth during the review period.
  
• The rising number of surgical procedures due to
  increased accidental injuries is propelling the
  market growth substantially.

• Market Insight
• By Application Type
• By application, the pain management market has
  been categorized into neuropathic pain, cancer
  pain, facial pain and migraine, musculoskeletal
  pain, others. 
• The cancer pain segment accounted for the largest
  market share in 2020 and is projected to register
  significant growth during the review period. Pain
  during cancer primarily occurs the most when a
  tumor presses on the bones, nerves, or organs.
  The pain may vary according to the affected
  location. Pain caused by cancer can be treated.
  Many medicines are used for pain management in
  cancer patients.

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Market Insight Competitive Insights

• By Region
• By region, the market in North America accounted
  for the largest market share in 2020 and is
  projected to grow at a significant CAGR during
  the assessment period. The regional growth can be
  attributed to expanding geriatric populace and
  the presence of key market players such as
  Pfizer, Johnson Johnson, and Company (US) and
  Abbott Laboratories (US).
• The market in Asia-Pacific is expected to be
  driven by rising incidences of chronic wounds
  coupled with increased spending on healthcare.
• Key Players
• Abbott Laboratories (US)
• Baxter International Inc. (US)
• Becton
• Dickinson
• Company (US)
• Boston Scientific Corporation (US)
• Fresenius SE Co. KGaA (Germany)
• GlaxoSmithKline PLC (UK)
• Johnson Johnson (US)
• Medtronic PLC (US)
• Novartis International AG (Switzerland)
• Pfizer Inc. (US).

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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