Press release
Global Pain Management Devices Market: Segmental Highlights and Table of Content (2015-2023)
The global market for pain management devices is anticipated to reach a valuation of US$6.3 bn by 2023, progressing at a CAGR of 7.60% between 2015 and 2023.
The Global Pain Management Devices Market is segmented on the basis of Product Type, Application and Geography.
On the basis of application, the global pain management devices market has been classified into neuropathic pain, musculoskeletal pain, cancer pain, facial and migraine pain, and others. In this category, the segment of neuropathic pain has been witnessing strong growth due to rising geriatric population across the globe, favorable reimbursement scenario, and side effects of drugs used to treat neuropathic pain.
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Based on type, the global market for pain management devices is divided into stimulators, radiofrequency ablation devices, TENS, and pumps. In terms of revenue generation the stimulation devices segment holds the major share in the market, due to commercialization of breakthrough technologies.
Geographically, the global pain management devices market comprises Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. North America dominates the overall market and will continue do so in terms of revenue generation due to advancements in novel pain management devices. An increase in geriatric population serves as a key factor driving the growth of the pain management devices market in Europe.
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Summary of Table of Content
1 Preface
2 Executive Summary
3 Pain Management Devices Market Overview
4 Market Segmentation – By Product Type
5 Market Segmentation - By Application
6 Market Segmentation - By Region
7 Recommendations
8 Company Profiles
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