Press release
Pain Management Devices Market Report 2028: Application, Type of Devices, Companies and Competitive Landscape by DelveInsight | Smiths Medical, B. Braun Melsungen AG, Baxter, Boston Scientific Corp., Colfax Corp, Medtronic Plc, Nevro Corp, Abbott, Stryker
Pain Management Devices Market
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Some key facts of the Pain Management Devices Market:
• Global Pain Management Devices Market was valued at USD 4.86 billion in 2021, growing at a CAGR of 7.90% during the forecast period from 2023 to 2028, to reach USD 7.67 billion by 2028.
• The demand for Pain Management Devices is primarily motivated by the rise in prevalence of chronic pain, high prevalence of musculoskeletal disorders, surge in geriatric population, surge in awareness among people toward pain management devices, improved R&D investment to develop innovative products, and increasing cost of healthcare expenditure.
• Leading Pain Management Devices companies working in the market are Smiths Medical, B. Braun Melsungen AG, Baxter, Boston Scientific Corp., Colfax Corp, Medtronic Plc, Nevro Corp, Abbott, Stryker, Omron Healthcare, Stimwave LLC, and others.
• According to World Health Organization (2019), the global cancer burden is estimated to have risen to 18.1 million new cases and 9.6 million deaths in 2018.
• The current estimates of incidence, prevalence and disability-adjusted life years of low back pain (LBPs) are 245.9 million cases/year (3.2%; 15th worldwide cause), 577.0 million cases (7.6%; 15th worldwide cause) and 64.9 million DALYs, respectively, as per the data of Journal of Hospital Management and Health Policy 2020.
• The increasing incidence of chronic pain in population of all ages is expected to boost the market demand for pain management devices.
Pain Management Devices Overview:
Pain management is a field of medical science that makes it easier for people with chronic pain who suffer. Acute pain has a rapid onset of action, while chronic pain lasts for a prolonged period of time, causing it to to be managed. Pain management device is a medical system used to treat various forms of pain, such as neuropathic pain, cancer pain, nociceptive pain, musculoskeletal pain, and others.
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Some of the Pain Management Devices Companies are:
• St. Jude Medical, Inc.
• Boston Scientific Corporation
• Medtronic plc
• Smiths Medical
• Abbott
• Nevro Corp.
• Stimwave LLC
• And Many More
Pain Management Devices Market Drivers
• Growing need for long-term pain relief in the geriatric consumer
• Large & rising population base of patients
• Adverse effects of pain medications
• Widely demonstrated effectiveness of pain management devices
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Scope of the Pain Management Devices Report
• The report covers the descriptive overview of Pain Management Devices, explaining its applications, advantages, and limitations, etc.
• Additionally, an all-inclusive account of the currently available Pain Management Devices is provided, which will have an impact on the future market of Pain Management Devices
• A detailed review of Pain Management Devices market; historical and forecasted market size is included in the report, covering devices outreach in the 7MM.
• The report provides an edge while developing business strategies, by understanding trends shaping and driving the Pain Management Devices market.
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Table of Contents:
1. Key Insights
2. Executive Summary of Pain Management Devices
3. Pain Management Devices: Background and Overview
4. Pain Management Devices: Regulatory Scenario
5. Pain Management Devices: Reimbursement Scenario
6. Pain Management Devices Company Profiles
6.1. Boston Scientific Corporation
6.2. Smiths Medical
Products detail in the report…
7. Pain Management Devices: Competitive Analysis
8. Pain Management Devices KOL Views
9. Pain Management Devices: Market Analysis in 7MM
10. Country-Wise Market size of Pain Management Devices in 7MM (2020-2028)
11. Pain Management Devices Market Dynamic
12. PEST Analysis
13. Conclusion and Future Perspective
14. Appendix
15. DelveInsight Capabilities
16. Disclaimer
17. About DelveInsight
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