Pain Management Drugs & Devices Market Analysed & Forecast by BCC Research in Its Topical Research Study Available at MarketPublishers.com29 Sep 2017 • by Natalie Aster
LONDON – In the foreseeable future, the world’s market for pain management drugs and devices is expected to rise at a healthy CAGR. There is a wide scope of factors significantly driving the market growth including rapidly rising geriatric population, surging demand for long-term pain management solutions, upturn in chronic diseases incidence, growing patient pool, launch of new innovative combination therapies, introduction of high-efficacy pain management device, constantly rising awareness of pain management drugs and devices, amid others.
On the contrary, the market growth can be seriously restrained by such factors as certain side effects associated with pain management drugs and devices, dearth of pain specialists and clinics in manifold countries, poor awareness of the availability and use of pain management devices, gap between prevalence and treatment of chronic pain, to name several of them.
Geography-wise, the pain management drugs and devices market in APAC is poised to grow at the highest rate in the nearest future, with China and India registering the highest AGR in the region. The key factors encouraging growth in this regional market are ongoing development of national economies, great number of potential patients, escalating investments into R&D activities, strong government support and rising funding.
Topical research report “The Global Market for Pain Management Drugs and Devices” released by BCC Research is aimed at analyzing the current scenario in the market for pain management drugs and devices. This all-around publication offers an insightful overview of the market historical background and outlines future development prospects for the short run. It provides insights into the market segmentation regarding product types, applications and regions. The report is a great source of information on the market structure, developments and dynamics. Top factors restraining and driving the market growth are discussed here, too. Moreover, the market development opportunities and trends are observed in the study. Besides, the report provides a detailed analysis of the competitive landscape and offers comprehensive profiles of the most prominent companies active in the marketplace on a local and global scales.
Other topical research studies prepared by BCC Research are available in its online catalogue at MarketPublishers.com.