The global pain management devices market size is expected to reach USD 4.65 Billion at a steady revenue CAGR of 8.6% in 2030, according to latest analysis by Emergen Research. Rising prevalence of neurological disorders is a major factor driving market revenue growth. According to a new United Nations report, up to 1 billion individuals, or nearly one in six of the world's population, suffer from neurological disorders, including migraine, brain injuries, and neuroinfections as well as diseases such as Alzheimer's Disease (AD) and Parkinson's Disease (PD), stroke, multiple sclerosis, and epilepsy. While every year, 6.8 million individuals die as a result of these illnesses. In addition, 20%–40% of patients with many basic neurological conditions experience chronic pain, which is a frequent component of many neurological disorders. These illnesses are caused by various pathophysiologies, such as neurodegeneration, neuroinflammation, and traumatic injury to central nervous system, hence, pain management devices are increasingly used to manage this pain.
The study further offers a comprehensive assessment of the revenue generated by the various segments across different regions for the forecast period, 2022 to 2030. To help business owners gain a thorough understanding of the current momentum the research taps hard to find data on aspects including but not limited to demand and supply, distribution channel and technology upgrades. Most importantly, evaluation of stringent rules and regulations and government initiatives shaping the progress of the Pain Management Devices industry offers an understanding of what is in store for the business owners in the years to come.
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The leading market contenders listed in the report are:
Medtronic, Stryker, BD, B. Braun SE, Boston Scientific Corporation, Abbott, Baxter, Avanos Medical, Inc., Teleflex, Incorporated, and Smiths Medical
Key reasons to buy the Global Pain Management Devices Market report:
- The latest report comprehensively studies the global Pain Management Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Pain Management Devices Market
Type Outlook (Revenue, USD Million; 2019–2030)
- Neurostimulation Devices
- Transcutaneous Electrical Nerve Stimulation (TENS) Devices
- Spinal Cord Stimulation
- Infusion Pumps
- High Use of Infusion Pumps in Postoperative Pain Management
- Interathecal Infusion Pumps
- External Infusion Pumps
- Ablation Devices
- Radiofrequency (RF) Ablation Devices
- Cryoablation Devices
- Neurostimulation Devices
Application Outlook (Revenue, USD Million; 2019–2030)
- Neuropathic Pain
- Cancer Pain
- Facial Pain & Migraine
- Musculoskeletal Pain
- Other Applications
Mode of Purchase Outlook (Revenue, USD Million; 2019–2030)
- Over-the-Counter Pain Management Devices
- Prescription-Based Pain Management Devices
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Regional Outlook of the Pain Management Devices Market
The global Pain Management Devices market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Pain Management Devices market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Pain Management Devices Market report:
- The latest report comprehensively studies the global Pain Management Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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