PAIN MANAGEMENT MARKET OVERVIEW
Pain Management Market Share is expected to grow at a CAGR of 6.0% during the forecast period of 2018–2023. pain management device market reach till $5.81 billion by 2023.
Pain management is a medical specialty that is growing rapidly and takes a multi-disciplinary approach to treat all forms of pain. This covers a huge spectrum of conditions such as post-operative pain, sciatica, neuropathic pain, and others.
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Top Key Players Competitive Landscape:
Leading players profiled in the pain management market report include Stryker Corporation, Teva Pharmaceuticals, Novartis AG, Merck & Co. Inc., Nevro Corp., Dickinson and Company, Becton, Neurotech Na, Inc., B. Braun Melsungen AG, Smiths Medical, Halyard Health, Inc., Pfizer Inc., Sanofi, Purdue Pharma LP, Boston Scientific Corporation, ST. Jude Medical, Inc., Medtronic PLC, Mallinckrodt plc, Johnson & Johnson Services, Inc., Eli Lilly & Company, DJO Global LLC, Codman And Shurtleff, Inc, GlaxoSmithKline plc, Forest Laboratories, F. Hoffmann-La Roche Ltd, Endo Health Solutions, Bayer AG, AstraZeneca plc, Astellas Pharma, Allergan, Abbvie, Abbott Laboratories, and others.
Global Pain Management Market Segmentation:
Market Research Future report provides a wide segmental analysis of the pain management market based on end user, mode of purchase, indication, type of pain management drugs, and type of pain management devices.
Devices Type: Ablation Devices, Analgesic Infusion Pumps, And Neurostimulation Devices. The Neurostimulation Device Is Again Segmented into Spinal Cord Stimulation (SCS) And Transcutaneous Electrical Nerve Stimulation (TENS) Devices.
Drug Type: Antidepressants, Antimigraine Agents, Opioids, Anesthetics, Anticonvulsants, Non-Steroidal Anti-Inflammatory Drugs (NSAIDS), And Others. The Opioids Segment Is Again Segmented into Methadone, Meperidine, Fentanyl, Codeine, Tramadol, Hydrocodone, Oxycodone, And Others.
Indication: Post-Operative Pain, Migraine, Arthritic Pain, Chronic Back Pain, Fibromyalgia, Musculoskeletal Pain, Facial Pain, Cancer Pain, Neuropathic Pain, And Others.
Mode of purchase: Prescription-Based and Over the Counter.
End user: Research and Academic Institutes, Medical Device Companies, Pharmaceutical Companies, Hospitals and Clinics, And Others.
LIST OF TABLES
Table 1 Pain Management Industry Synopsis, 2018–2023
Table 2 Pain Management Market Estimates & Forecast, 2018–2023, (USD Million)
Table 3 Pain Management Market, By Region, 2018–2023, (USD Million)
Table 4 Pain Management Market, By Type Of Pain Management Devices, 2018–2023, (USD Million)
Table 5 Pain Management Market, By Type Of Pain Management Drugs, 2018–2023, (USD Million)
Table 6 Pain Management Market, By Indication, 2018–2023, (USD Million)
Table 7 Pain Management Market, By Mode Of Purchase, 2018–2023, (USD Million)
Table 8 Pain Management Market, By End-User, 2018–2023, (USD Million)
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Pain can be frustrating and debilitating and can interfere with activities, time with family and friends, work, and sleep. Pain management can offer relief so people can enjoy life. Various factors are propelling the pain management market growth. On the contrary, poor healthcare systems, lack of trained or skilled physicians, and high cost associated with technology in middle and low-income countries are factors that are likely to impede the pain management market growth over the forecast period.
Pain Management Market Regional Analysis
Based on the region, the pain management market report covers growth opportunities and the latest trends across Europe, the Americas, the Asia Pacific, and the Middle East and Africa. Of these, the Americas will lead the market over the forecast period. This is owing to the growing prevalence of chronic pain, high health expenditure, well-developed technology, and the presence of various leading players in the region.
The pain management market in Europe is predicted to have the second-largest share in the market over the forecast period. This is owing to the rising competition among marketers and rising contribution towards R&D.
The pain management market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to increasing healthcare expenditure, a huge patient pool, and rising demand for treatments.
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The pain management market in the Middle East and Africa will have the lowest share in the market over the forecast period. This is owing to poor medical facilities, lack of technical knowledge, and low development in the region.
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