Pain Management Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Publication ⇒Feb-24 Delivery Time ⇒ 5-7 Business Days  Report Code ⇒PBCHC269-10M-OT

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Pain Management Devices Market – Report Overview

Pacific Business Consulting’s “Pain Management Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Pain Management Devices market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

The global Pain Management Devices market reached a valuation of US$ 3.2 Billion in 2022 and is poised to achieve US$ 5.7 Billion by 2030, marking a Compound Annual Growth Rate (CAGR) exceeding 6.0% from 2023 to 2030.

Pain management, a facet of medical science, focuses on alleviating the suffering of individuals dealing with chronic pain. Chronic pain, persisting over an extended duration, necessitates effective management, and this is where pain management devices come into play. These medical devices cater to various pain types, including neuropathic pain, cancer pain, nociceptive pain, and musculoskeletal pain.

The market features a range of pain management devices such as spinal cord stimulators, transcutaneous electrical nerve stimulation devices, analgesic infusion pumps, and ablation devices. Growth in this market is propelled by factors such as the aging global population, an increase in the prevalence of chronic pain, heightened awareness regarding pain management devices, substantial investments in research and development for innovative products, and the introduction of novel devices. Moreover, there is a growing demand for pain management devices in developing countries, coupled with an increasing adoption of these devices for chronic pain management. The untapped potential in developing economies presents lucrative opportunities for market expansion. However, challenges such as hypersensitivity reactions and post-operative infections associated with the use of these devices can limit their adoption. Additionally, these devices are often employed as a second-line treatment for patients resistant to drug therapy, which constrains the overall growth of the global pain management devices market.

The rising prevalence of chronic conditions, especially lifestyle-related diseases such as diabetes and obesity, is expected to be a significant factor contributing to market growth during the forecast period. Musculoskeletal conditions like osteoarthritis, orthopedic degenerative diseases, arthritis, and rheumatoid arthritis are on the rise, leading to an increased incidence of chronic pain. For instance, in the U.S., over 58.5 million adults have arthritis, and it is anticipated that around 35 million individuals will face limitations in their daily activities due to arthritis by 2040, according to the Centers for Disease Control (CDC). This surge in chronic pain has driven the demand for pain management stimulators. Furthermore, the increasing number of accident cases, obesity-related issues, bone diseases, and the preference for advanced medical procedures are expected to further drive market expansion.

Key players in the Pain Management Devices segment, including B. Braun Melsungen AG, Smiths Medical Corporation, Moog Inc., Avanos Medical, Inc., Atricure Corporation, Nevro Corporation, Micrel Medical Devices, Abbott Corporation, Medtronic PLC, Boston Scientific Corporation, Stryker Corporation, Becton, Dickinson and Company, Baxter International, and Nipro Corporation, are poised to shape the future landscape of Pain Management Devices technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Pain Management Devices market. It also delves into the analysis of present and prospective market competition within the global Pain Management Devices market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

  • Develop your business strategies by gaining insights into the trends that shape and drive the Pain Management Devices market across the 10MM (Ten Major Markets).
  • Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Pain Management Devices market.
  • Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
  • Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
  • Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.
  1. Executive Summary: Pain Management Devices
    • Global Market Outlook: Pain Management Devices
  2. Competitive Intelligence Analysis: Pain Management Devices
  3. Therapeutic Sector SWOT
  4. Technology Roadmap Analysis: Pain Management Devices
  5. Market Background
    • Drivers
    • Restraints
    • Opportunity
    • Key Market Trends
    • Key Unmet Needs
  6. Key Marketed Products Profile – Major Approved Products: Pain Management Devices
    • Product Profile
    • Safety and Efficacy
  7. Regulatory Landscape
  8. Pain Management Devices: Ten Major Market (10MM) – Market Analysis, By Product Type
    • Neuromodulation & Neurostimulation Devices
    • Ablation Devices
    • Analgesic Infusion Pumps
  9. Pain Management Devices: Ten Major Market (10MM) – Market Analysis, By Application
    • Cancer Pain
    • Neuropathic Pain
    • Facial & Migraine Pain
    • Musculoskeletal Pain
    • Other
  10. Pain Management Devices: Ten Major Market (10MM) – Market Analysis, By Distribution Channel
    • Online Channels
    • Direct to Customer
    • Hospital Pharmacies
    • Drug Stores
    • Others
  11. Pain Management Devices: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. S. Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. K. Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. Germany Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. France Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. Italy Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. Spain Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. Japan Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. China Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. Australia Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. India Pain Management Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By Distribution Channel
  1. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

  1. Assumptions and Acronyms Used
  2. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
  3. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
  4. Copyrights and Disclaimer

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