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Pain Management Device Market Trends, Size, Forecast - 2018-2023
Pain Management Device Market
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Growing geriatric population and high prevalence of related issue is a major growth factor for the market. According to WHO, in the year 2015, the elderly (65+) population across the globe was estimated to be around 900 million, up from 524 million in the year 2010. It is further estimated to reach 1.5 billion by the year 2050. Aging is major factor in pain related issues specially in cases of common occurring age-related ailments. Arthritis, osteoporosis, hypertension, diabetes and obesity are some of the most common ailments in elderly.
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However, there are certain factors that are hampering the market growth. Presence of the alternative therapies and medications for pain management, high cost of pain management devices and lack of awareness are the major constraints in the growth of the market. Apart from these restraints, increasing prevalence of the neuropathic pain and strong product pipeline for pain management devices are estimated to develop myriad growth opportunities for the growth of the market.
Global Pain Management Devices Market
segmentation
By applications
• Cancer pain
• Neuropathic pain
• Musculoskeletal pain
• Facial and migraine pain
• Trauma
By types
• Analgesic pain
• Intrathecal pain
• External pumps
• Radiofrequency ablation devices
• Electrical stimulators
• Tens
• Neurostimulators
• Spinal cord stimulators
• Sacral nerve stimulators
• Deep brain stimulators
Competitive landscape
• Market share analysis
• Key company analysis
Regional analysis
• North america
o United states
o Canada
o Rest of north america
• Europe
o United kingdom
o France
o Germany
o Italy
o Spain
o Rest of europe
• Asia pacific
o India
o China
o Japan
• Rest of the world
Company profiles
• B braun melsungen ag
• Baxter international inc.
• Becton dickinson and company
• Biomedical research ltd.
• Boston scientific corporation
• Codman and shurtleff inc.
• Djo global llc
• Halyard health inc.
• Hospira inc.
• Kimberly-clark corporation
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