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Pain Management Devices Market worth 4.64 Billion USD by 2021

Pain management devices are used to manage chronic and acute pain in patients suffering from various conditions, such as cancer, neurological disorders, and musculoskeletal disorders.

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Pain Management Devices Market worth 4.64 Billion USD by 2021

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  1. MarketsandMarkets Presents Pain Management Devices Market worth 4.64 Billion USD by 2021 http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  2. The report "Pain Management Devices Market by Device Type (Neurostimulation, SCS, TENS, RF Ablation, Infusion Pumps), Application (Cancer, Neuropathy, Musculoskeletal, Migraine, Facial), by Mode of Purchase (OTC, Prescription-Based) - Global Forecasts to 2021", analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Browse 117 market data tables with 43 figures spread through 198 pages and in-depth TOC on "Pain Management Devices Market by Device Type (Neurostimulation, SCS, TENS, RF Ablation, Infusion Pumps), Application (Cancer, Neuropathy, Musculoskeletal, Migraine, Facial), by Mode of Purchase (OTC, Prescription-Based) - Global Forecasts to 2021" http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  3. Early buyers will receive 10% customization on this report. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  4. This report studies the global pain management devices market over the forecast period of 2016 to 2021. The market is expected to reach ~USD 4.64 Billion by 2021, at CAGR of 8.5% from 2016 to 2021.A number of factors, such as the growing demand for long-term pain management among the geriatric population, large patient population base, adverse effects of pain medications, development of novel pain management devices, established reimbursement scenario for spinal cord stimulation (SCS) devices in developed countries, and high proven efficacy of pain management devices for the treatment of chronic pain are driving the growth of the global pain management devices market. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  5. On the other hand, factors such as low awareness regarding the availability and use of pain management devices, shortage of pain specialists, low number of pain clinics in several countries, existence of a gap in prevalence and treatment of chronic pain, and high procedural and purchase cost of pain management devices are restricting the growth of the global pain management devices market. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  6. This report covers three major pain management device types, namely, neurostimulation devices, ablation devices, and analgesic infusion pumps. The neurostimulation devices segment is expected to witness the highest growth and account for the largest share of the pain management devices market in 2016. This can be attributed to the advantages of neurostimulation over alternative therapies for managing chronic pain. Also, the long-term cost efficiency and technological developments in neurostimulation devices are contributing to the growth of this market segment. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  7. On the basis of application, the global pain management devices market is segmented into neuropathic pain, cancer pain, facial pain & migraine, musculoskeletal pain, and others. The neuropathic pain application segment is estimated to witness the highest growth during the forecast period, primarily due to the presence of substantial clinical evidence in the favor of high efficacy of pain management devices in neuropathic pain treatment, favorable reimbursement scenario, development of novel neuropathic pain management devices, large patient population base, rising geriatric population across the globe, and side effects of drugs used to treat neuropathic pain. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  8. Based on the mode of purchase, the market is segmented into over-the-counter (OTC) devices and prescription-based devices. The prescription-based devices segment is expected to account for the largest share of the global pain management devices market in 2016, whereas the OTC devices segment is expected to grow at the highest CAGR during the forecast period. The high growth in this segment is attributed to the availability of a number of OTC devices in the market and FDA approvals for new OTC devices in the coming years. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  9. As of 2016, North America held the largest share of the global pain management devices market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR from 2016 to 2021. A number of factors, including growing incidence of chronic diseases, improving healthcare infrastructure in the region, growing middle-class population and disposable income levels, and rising awareness about the safety and efficacy of pain management devices are stimulating the growth of the pain management devices market in the Asia-Pacific region. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  10. Medtronic plc (Ireland), Boston Scientific Corporation (U.S.), and St. Jude Medical Inc. (U.S.) are the major players in the global pain management devices market. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  11. Contact Us Contact: Mr. Rohan Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.com http://www.linkedin.com/company/marketsandmarkets http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

  12. About MarketsandMarkets MarketsandMarkets is the global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/pain-management-devices-market-91418163.html

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