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The global pain management devices market size was estimated to USD 3,250 million in 2018 and expected to grow at a CAGR 7.1% during the forecast period. The market growth is attribute to the growing prevalence of the chronic medical conditions across the globe and increasing geriatric population worldwide. Furthermore, development of the technologically advanced pain management devices, supportive reimbursement policies and stringent government regulations to limit opioid pain killer prescriptions are also some of the major factors that are estimated to have significant impact on the growth of the market.
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Orion Market Research Pain Management Devices Market: Industry Growth, Size, Share and Forecast 2019-2025 Request a free sample of our report on Pain Management Devices Market - Industry Size, Global Trends, Competitive Analysis and Forecast, 2018-2023 https://www.omrglobal.com/request- sample/pain-management-devices-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The global pain management devices market is estimated to grow at a CAGR 7.1% during the forecast period (2018-2023). The need for the pain management devices has been growing tremendously due to rise in chronic conditions. Pain can arise for several different reasons including injury, metabolic problems such as diabetes, surgery and nerve damage. The pain management devices have become popular over the last few years as it relieves the patients from suffering of pain, acting as a key driver for the growth of the market. A full report of Pain Management https://www.omrglobal.com/industry-reports/pain-management-devices-market Moreover, launch of innovative products in the market by tech giants have also spurred the market growth in recent years. For instance: Google Inc., in July 2014 revealed a prototype smart contact lens for monitoring of blood glucose level of the patients living with diabetes. This prevents the patients from the pain of piercing their fingers for blood glucose test. To know more information, please https://www.omrglobal.com/request-sample/pain-management-devices-market The growth of the global pain management devices market is attributed to increasing geriatric population pool as aged population is more at high risk of arthritics and other chronic conditions. Population aged are weak against chronic diseases due to their weak immune system and aging. According to WHO (world health organization), from 2010-2015, geriatric population increased by around 450 million to reach 90 million in 2015 and expected to exceed 1.5 billion in 2050. Older population are prone to various diseases such as cardiovascular diseases (CVD), cancer and other urological diseases. These medical conditions demand for pain management devices as the people suffer from post- treatment effect of these disease that includes chronic pain. For instance: long-term problems across a patient’s body can be caused due to diabetes such as leg pain and cramps due to nerve damage. The diabetic population can suffer from back pain and neuropathy pain. Diabetic neuropathy can be controlled by taking pain management treatment that will increase the demand for pain management devices fueling the growth of market across the globe. Current Market Trends Covered in the Global Pain Management Devices Market Report •Based on the types, the neurostimulators segment is estimated to hold a dominating market share during the forecast period. •Based on the application, neuropathic pain application segment held the largest market share in the global pain management devices market in 2018. •North America is estimated to dominate the global pain management devices industry during the forecast period. Devices Market is available at: request a free report sample
Global Pain Management Devices Market Segmentation By Applications •Cancer Pain •Neuropathic Pain •Musculoskeletal Pain •Facial and Migraine Pain •Trauma By Types •Analgesic Infusion Pumps •Ablation Devices •Neurostimulators Visit here to know more about Global Pain Management Devices Market Global Pain Management Devices Market – Segment by Region North America •US •Canada Europe •Germany •UK •France •Spain •Italy •Rest of Europe Asia-Pacific •China •India •Japan •Rest of Asia-Pacific
Rest of the World •Middle East & Africa •Latin America Company Profiles •B. Braun Melsungen AG •Baxter International Inc. •Becton, Dickinson and Company •Bio-Medical Research Ltd •Boston Scientific Corporation •Codman & Shurtleff, Inc •DJO Global LLC •Halyard Health Inc. •HospiraInc. •Kimberly-Clark Corporation •Medtronic plc •Neurotech NA, Inc. •NevroCorp. •Pain Management Technologies, Inc. •Smiths Medical, Inc. •St. Jude Medical, Inc. •Stryker Corporation About Orion Market Research OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
