Chronic Pain Market Report Analysis and Research Studies US$124.14 Bn by 2032 | Pfizer Inc., Johnson & Johnson Services, Inc., GSK plc, Bayer AG, Novartis AG, Endo Inc.

Chronic Pain Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Global Chronic Pain Market reached US$75.42 billion in 2024 and is expected to reach US$124.14 billion by 2032, growing at a CAGR of 6.9 % during the forecast period 2025-2032.

Chronic pain is persistent pain that lasts for weeks, months, or even years, often beyond the usual healing time of an injury or illness. It can result from conditions such as arthritis, nerve damage, or past injuries, significantly impacting daily life and mental well-being. Unlike acute pain, which signals immediate harm, chronic pain may persist without a clear cause. Effective management often involves a combination of medical treatments, lifestyle changes, and psychological support.

List of the Key Players in the Chronic Pain Market:

Pfizer Inc., Johnson & Johnson Services, Inc., GSK plc, Bayer AG, Novartis AG, Endo, Inc., Viatris Inc., Eli Lilly and Company., Teva Pharmaceutical Industries Ltd., and Reckitt Benckiser Group PLC

Industry Development:

In November 2024, KEM Hospital in Mumbai unveiled a dedicated operation theatre for pain management, marking a significant leap in treating chronic pain conditions. This move underscores the growing emphasis on specialized pain management within healthcare, offering comprehensive solutions for persistent pain from various medical issues.

In September 2024, Nevro Corp. received FDA approval and limited market release for its innovative HFX iQ spinal cord stimulation (SCS) system, featuring HFX AdaptivAI technology. This advanced platform offers a personalized approach to chronic pain management, catering to individual patient needs.

Also in September 2024, Hinge Health launched the Enso 3, an FDA-cleared wireless device designed to provide fast, non-invasive relief for chronic musculoskeletal pain. This groundbreaking device offers a non-addictive, effective solution for pain relief within minutes.

In July 2024, Stryker introduced the MultiGen 2 Radiofrequency Generator in India, a cutting-edge technology for enhancing the management of chronic joint pain through radiofrequency ablation (RFA). This device offers physicians greater control and flexibility, improving the effectiveness of this minimally invasive pain treatment technique.

Growth Forecast Projected:

The Global Chronic Pain Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Chronic Pain Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Chronic Pain Market:

By Type: Neuropathic Pain, Musculoskeletal Pain, Cancer Pain, Post-Operative Pain, Migraine, Others

By Treatment Type: Drug Class, Opioids, NSAIDs, Anticonvulsants, Antidepressants, Others, Devices

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Regional Analysis for Chronic Pain Market:

The regional analysis of the Chronic Pain Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Chronic Pain market?

➠ Who are the leading manufacturers in the global Chronic Pain industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Chronic Pain industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Chronic Pain market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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