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 Global Pain Management Devices Market report is dubbed as the first study encompassing the current situation of the Pain Management Devices market that is gravely impacted by the COVID-19 outbreak. The global health emergency has drastically affected the global economy, causing significant repercussions on this particular business sphere. The deadly viral outbreak and the subsequent global lockdown enforcement have beleaguered the Pain Management Devices business landscape. Moreover, it has impeded the developmental scope of various manufacturers and buyers involved in this sector. Thus, the report offers insightful speculations about the post-COVID-19 scenario of the Pain Management Devices industry.
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Key companies profiled in the report include:
Medtronic, Stryker, BD, B. Braun SE, Boston Scientific Corporation, Abbott, Baxter, Avanos Medical, Inc., Teleflex, Incorporated, and Smiths Medical
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Pain Management Devices market?
What are the key product types and applications of the Pain Management Devices industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Pain Management Devices market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Pain Management Devices Market by 2027?
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Market Segmentation
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
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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