Pain Management Devices Market

1
Pain Management Devices Market
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Pain Management Devices Market Global Scenario,
Market Size, Outlook, Trend, and Forecast, 2019
2028

• The global pain management market was valued at
  US 3,691.2 million in 2020 and is expected to
  reach US 5,786.9 billion by 2028 growing at a
  compound annual growth rate (CAGR) of 6.2 during
  the forecast period from 2021 2028. Pain
  Management refers to the branch of medicine care
  which helps in reducing the pain by prevention,
  diagnosis and treatment of pain. Pain management
  devices are referred as the medical devices which
  are used for pain management such as cancer pain,
  neuropathic pain, musculoskeletal pain,
  nociceptive pain and others. Neurostimulation,
  infusion pumps and electric stimulation are the
  widely prescribed devices by physicians to
  eliminate chronic pain.

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Market Dynamics

• The rising cases of chronic diseases which
  includes lifestyle disorders such as obesity and
  diabetes needs muscle and nerve stimulator, high
  occurrence of musculoskeletal disorders such as
  arthritis, osteoarthritis, orthopedic
  degenerative disorders and rheumatoid arthritis
  and also rising cases of chronic pain and
  inability to carry out routine errands, will
  boost product demand. In addition, increasing
  cases of cancer and pain management devices are
  the crucial drivers for the growth of pain
  management devices market. Other reasons for the
  demand include the rise in geriatric population
  which demands for pain rehabilitation centres
  which is helpful in urgent pain management
  treatments. After surgery, pain is one of the
  major reasons of hospitals where cost of
  monitoring and treatment of side effects demands
  for pain management drugs and devices.
• However, higher cost of hospitalization and
  shifting towards minimal expensive care
  facilities restrains the market growth. Also,
  meagre reimbursement for chronic pain treatment
  in developing countries hampers the market
  growth. In addition, inadequacy for oral drugs
  intake is enhancing patients for finding
  substitute treatment such as pain management
  devices and lack of preference for surgeries are
  the factors boosting demand for the devices
  market.

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• Asia-Pacific is considered as a lucrative option
  for the manufacturing companies of pain
  management devices. Higher growth opportunities
  in this region is due to factors such as growing
  rate of chronic diseases, improving healthcare
  infrastructure, growing middle-class population
  and awareness for safety and efficacy of pain
  management device. According to U.S. Department
  of Commerce, Japan accounts for largest geriatric
  populations in the world, of which 20 of its
  population aged 65 years and above.
• Global pain management devices are segmented by
  devices, drugs, application, end- user and
  region. Based on devices, it is bifurcated
  into analgesic infusion pumps, electrical
  stimulators, radiofrequency ablation and
  neurostimulation. By drugs injection, it is
  listed into opioids and non- narcotic analgesics.
  Non- narcotic analgesics is further bifurcated
  into anesthetics, anticonvulsants, anti-
  depressants NSAIDS and others. On the basis of
  application, it is categorised into facial
  migraine, musculoskeletal disorder, neuropathic
  pain, cancer, trauma and others. Further by end-
  user, it is classified into physiotherapy
  centers, hospitals clinics and others. Based on
  regional insights, it is bifurcated into North
  America (US, Canada, Rest of North America), Asia
  Pacific (China, India, South Korea, Rest of Asia
  Pacific), Europe (UK, Russia, Germany, Rest of
  Europe), Rest of the World (Latin America and
  Middle East Africa).
• Major players in the global pain management
  devices market include DJO Global LLC, Baxter
  International Inc., St. Jude Medical, Bio-Medical
  Research Ltd., Codman and Shurtleff, Inc.,
  Stryker Corporation, Hospira Inc., Boston
  Scientific Corporation, Medtronic Plc, Smiths
  Medical, Kimberly-Clark Corporation, B. Braun
  Melsungen AG., and Pain Management, Inc among
  others.

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Segmentation and Scope of the Global Pain
Management Devices Market

• Global pain management devices market is
  segmented by devices, drugs, application, end-
  user and region.
• By Devices
• Electrical Stimulators
• Radiofrequency Ablation
• Analgesic Infusion Pumps
• Neurostimulation
• TENS
• Others
• Intrathecal Infusion Pumps
• External Infusion Pumps
• Spinal Cord Stimulators
• Deep Brain Stimulators
• Sacral Neurostimulators
• Others

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• By Drugs
• Opioids
• Non- narcotic Analgesics
• NSAIDS
• Anesthetics
• Anticonvulsants
• Anti- depressants
• Others
• By Application
• Cancer
• Neuropathic Pain
• Facial Migraine
• Musculoskeletal Disorder
• Trauma
• Others
• By End- User
• Hospitals and clinics
• Physiotherapy centers
• Others

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• By Region
• North America
• US
• Canada
• Rest of North America
• Europe
• UK
• Germany
• Russia
• Italy
• Rest of Europe
• Asia Pacific
• Japan
• China
• South Korea
• Rest of Asia Pacific
• Rest of World
• Middle East Africa
• Saudi Arabia

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Prominent players in the Global Pain Management
Devices Market includes

• DJO Global LLC
• Baxter International Inc.
• St. Jude Medical
• Bio-Medical Research Ltd.
• Codman and Shurtleff Inc.
• Stryker Corporation
• Hospira Inc.
• Boston Scientific Corporation
• Medtronic Plc
• Smiths Medical
• Kimberly-Clark Corporation
• B. Braun Melsungen AG.
• Pain Management Inc

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