Pain Management Devices Market - Global Market Drivers, Restraints, Opportunities, and Challenges (1) - PowerPoint PPT Presentation

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Pain Management Devices Market - Global Market Drivers, Restraints, Opportunities, and Challenges (1)

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Pain management device are used to manage chronic and acute pain in patients suffering from various conditions, such as cancer, neurological disorders, and musculoskeletal disorders. These devices restore the ability of patients to do everyday activities, decrease the need for oral pain medications, and improve the quality of life of patients suffering from these conditions. – PowerPoint PPT presentation

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Title: Pain Management Devices Market - Global Market Drivers, Restraints, Opportunities, and Challenges (1)


1
MarketsandMarkets Presents
Pain Management Devices Market - Global Market
Drivers, Restraints, Opportunities, and Challenges
http//www.marketsandmarkets.com/Market-Reports/pa
in-management-devices-market-91418163.html
2
The "Pain Management Devices Market by Device
Type (Neurostimulation, SCS, TENS, RF Ablation,
Infusion Pumps), Application (Cancer, Neuropathy,
Musculoskeletal, Migraine, Facial), by Mode of
Purchase (OTC, Prescription-Based) - Global
Forecasts to 2021", analyzes and studies the
major market drivers, restraints, opportunities,
and challenges in North America, Europe,
Asia-Pacific, and the Rest of the World
(RoW). Browse 117 market data tables 43
figures 198 pages And in-depth TOC on Pain
Management Devices Market Download The PDF
Brochure_at_ http//www.marketsandmarkets.com/pdfdown
load.asp?id91418163 The Pain Management
Devices market is expected to reach USD 4.64
Billion by 2021, at CAGR of 8.5 from 2016 to
2021.
http//www.marketsandmarkets.com/Market-Reports/pa
in-management-devices-market-91418163.html
3
The "Pain Management Devices Market by Device
Type (Neurostimulation, SCS, TENS, RF Ablation,
Infusion Pumps), Application (Cancer, Neuropathy,
Musculoskeletal, Migraine, Facial), by Mode of
Purchase (OTC, Prescription-Based) - Global
Forecasts to 2021", analyzes and studies the
major market drivers, restraints, opportunities,
and challenges in North America, Europe,
Asia-Pacific, and the Rest of the World
(RoW). Browse 117 market data tables 43
figures 198 pages And in-depth TOC on Pain
Management Devices Market Download The PDF
Brochure_at_ http//www.marketsandmarkets.com/pdfdown
load.asp?id91418163 The Pain Management
Devices market is expected to reach USD 4.64
Billion by 2021, at CAGR of 8.5 from 2016 to
2021.
http//www.marketsandmarkets.com/Market-Reports/pa
in-management-devices-market-91418163.html
4
Industry growth is driven growing demand for
long-term pain management among the geriatric
population, large patient population base,
adverse effects of pain medications, development
of novel pain management device, established
reimbursement scenario for spinal cord
stimulation (SCS) devices in developed countries,
and high proven efficacy of pain management
device for the treatment of chronic pain are
driving the growth of the global market. On the
other hand, factors such as low awareness
regarding the availability and use of pain
management device, shortage of pain specialists,
low number of pain clinics in several countries,
existence of a gap in prevalence and treatment of
chronic pain, and high procedural and purchase
cost of pain management device are restraining
the growth of the global market. Request Sample_at_
http//www.marketsandmarkets.com/requestsample.as
p?id91418163 The Pain Management Devices
Market is segmented into  three major pain
management device types, namely, neurostimulation
devices, ablation devices, and analgesic infusion
pumps.
http//www.marketsandmarkets.com/Market-Reports/pa
in-management-devices-market-91418163.html
5
On the basis of application, the global pain
management device market is segmented into
neuropathic pain, cancer pain, facial pain
migraine, musculoskeletal pain, and others. The
neuropathic pain application segment is estimated
to witness the highest growth during the forecast
period. Based on the mode of purchase, the market
is segmented into over-the-counter (OTC) devices
and prescription-based devices. The
prescription-based devices segment is expected to
account for the largest share of the global pain
management devices market whereas the OTC devices
segment is expected to grow at the highest CAGR
during the forecast period. The high growth in
this segment is attributed to the availability of
a number of OTC devices in the market and FDA
approvals for new OTC devices in the coming years.
http//www.marketsandmarkets.com/Market-Reports/pa
in-management-devices-market-91418163.html
6
Geographically, North America held the largest
share of the global pain management devices
market, followed by Europe. However, the
Asia-Pacific market is expected to grow at the
highest CAGR from 2016 to 2021. A number of
factors, including growing incidence of chronic
diseases, improving healthcare infrastructure in
the region, growing middle-class population and
disposable income levels, and rising awareness
about the safety and efficacy of pain management
device are stimulating the growth of the pain
management devices market in the Asia-Pacific
region. The major players in Pain Management
Devices Market include Medtronic plc (Ireland),
Boston Scientific Corporation (U.S.), and St.
Jude Medical Inc. (U.S.) are the major players in
the global pain management devices market.
http//www.marketsandmarkets.com/Market-Reports/pa
in-management-devices-market-91418163.html
7
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8
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9
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