The Global Pain Management Devices Market size was valued at USD 5.54 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 9% from 2021 to 2027.
Pain management devices are used to manage or control pain caused by medical conditions such as arthritis, injury, cancer, etc. Pain management devices are used depending on the severity of the pain, and these devices are widely used in hospitals during pain management treatments. The global pain management devices market is driven by factors such as increasing incidence of chronic pain, increasing product launches, and the growing geriatric population.
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Market Segments
By Type
- Neuromodulation Devices
- Ablation Devices
- Analgesic Infusion Pumps
By Application
- Neuropathic Pain
- Cancer Pain
- Facial Pain and Migraine
- Musculoskeletal Pain
- Others (Pregnancy/Labor and Menstrual Pain, Sports Injuries, Post-operative Pain, and Trauma Pain)
By Mode of Purchase
- Over-the-counter Devices
- Prescription-based Devices
Key Players
Major players operating in the global pain management devices market include Baxter International Inc., B. Braun Melsungen AG, Boston Scientific Corporation, Codman and Shurtleff, Inc., DJO Global LLC, NeuroMetrix, Inc., Hospira Inc., Kimberly-Clark Corporation, Medtronic, Plc, Smiths Medical, Axonics Modulation Technologies, Inc., NeuroSigma, Inc., and Abbott
Scope of the Report
The research study analyzes the global Pain Management Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Pain Management Devices Market Report
1. What was the Pain Management Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Pain Management Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Pain Management Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Pain Management Devices market.
- The market share of the global Pain Management Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Pain Management Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Pain Management Devices market.
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