Latest Industry study on Contract Research Organizations , Industry Global Pain Management Device Market Analysis by T
Global Pain Management Device Market Analysis by Type (Neurostimulation Devices, Analgesic
Infusion Pumps, Ablation Devices); by Application (Neuropathic pain, cancer pain, facial pain
musculoskeletal pain and others); by Mode of Purchase (Over the Counter, Prescription based); by
Geography (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) to 2025
The pain management device market has been witnessing significant growth over the past few years
owing to growing demand for long-term pain management among the geriatric population, large patient
population base, adverse effects of pain medication, high proven efficacy of pain management devices
for the treatment of chronic pain. Furthermore, stringent rules to limit opioid pain killer prescriptions
and strong product pipeline for pain management devices is expected to offer significant growth
opportunities during next few years. However, low awareness about the availability and use of pain
management devices are expected to restraint the market growth during the forecast period.
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The market based on application can be segmented into neuropathic pain, cancer pain, facial pain,
musculoskeletal pain and others. Neuropathic pain segment is projected to witness high growth during
the forecast period owing to the presence of substantial clinical evidence in the favor of high efficacy of
pain management device in neuropathic pain treatment, large patient monitoring base, rising geriatric
population across the globe.
Based on the mode of purchase, the market can be segmented into, over the counter and prescription
based device. Prescription-based devices segment is expected to account largest share of global pain
devices market. However, over the counter (OTC) devices segment is expected to grow at high rate
owing to the availability of number of OTC devices in the markets and FDA approvals for new OTC
devices in the near future.
Top 10 Players Genomics Market Overview:
Bio-Medical Research (BMR) Ltd.,
Codman and Shurtleff Inc.,
Stryker Corporation,
Hospira Inc.,
Smiths Medical,
Kimberly-Clark Corporation,
DJO Global LLC