Pain Management Devices Market Estimated for a Sharp Growth; was $3.58 Billion in 2016, CAGR of 7.2 % & $5.81 Billion by 2023 

The Worldwide Pain Management Devices Market research report is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. According to a recent study report published by the Market Research Future, The Global Pain Management Devices Industry Research report is booming and expected to gain prominence over the forecast period. The Market is forecasted to demonstrate a huge growth by 2023, surpassing its previous growth records in terms of value & volume. Considering all these factors The World Pain Management Devices Market was $3.58 billion in 2016 which is expected to grow at a CAGR of 7.2 % and reach till $5.81 billion by 2023.

Market Research Future published new report, titled “Pain Management Devices Market - Research Report: Global Forecast till 2023”.

The Worldwide Pain Management Devices Market report explores the Top Key Players in-depth analysis as Baxter International Inc. (US), Boston Scientific Corporation (US), Medtronic Plc (US), St. Jude Medical (US), Bio-Medical Research (BMR) Ltd. (UK), Codman and Shurtleff, Inc. (US), Stryker Corporation (US), Hospira Inc. (US), Smiths Medical (UK), Kimberly-Clark Corporation (US), DJO Global LLC (US), B. Braun Melsungen AG. (Germany) and Pain Management, Inc (US).

Market Highlights of Global Pain Management Devices Market:

Pain Management is the branch of medical science that deals with the minimizing the pain of the patients. Pain management devices market is driven by increasing number of the patient suffering from different diseases. Increasing aging population and increasing the government efforts in increasing the pain rehabilitation centers has increasing the market. Beside this increasing prevalence of many acute and chronic diseases has also led to increase the market of the pain management devices. On other hand side effects of pain management devices and high cost are the major restraining factors for the growth of the market.

Market Segments:

World pain management devices Industry is segmented on basis type into stimulators, pumps, and ablation devices. Stimulators are sub segmented into neuromodulator devices and transcutaneous electrical nerve stimulation (TENS) devices. Neuromodulator devices are further sub segmented into spinal cord stimulator, intrathecal pain pump, peripheral nerve stimulator and dorsal root ganglion stimulation and other. Ablation devices is further segmented into microwave devices, cryoablation devices and others. Pumps are sub segmented as analgesic infusion pumps and other. Analgesic infusion pumps is further segmented into patient control infusion pumps, external infusion pumps, intrathecal infusion pumps and other. On basis of application they are segmented as cancer pain, musculoskeletal pain, migraine, and others.

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Regional Analysis:

Geographically, North America accounts the largest market for pain management devices followed by Europe. The growth of the market is basically supported by a huge investment and development in research and development. Lot of development and research in neurostimulation based pain management devices has supported the growth. Asia pacific is the fastest market for the pain management devices. Due to a huge population base, development in infrastructure and increasing prevalence of many diseases in this region has provided fuel for the growth of the market.

The report for global pain management devices market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

Major Table of Contents:

Chapter 1. Introduction

1.1 Definition
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure:

Chapter 2. Research Methodology    
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:

Chapter 3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators

Chapter 4. Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry

Chapter 5. Global Pain Management Devices Market, By Device Type
5.1 Stimulators
5.1.1 Neuromodulator Devices
5.1.1.1 Spinal Cord Stimulator
5.1.1.2 Intrathecal Pain Pump
5.1.1.3 Peripheral Nerve Stimulator
5.1.1.4 Dorsal Root Ganglion Stimulation
5.1.1.5 Other

...CONTINUED

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Posted by Vivian Dsena on Tuesday November 28 2017, 1:30 PM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0