Pain Management Devices Market - Forecasts from 2019 to 2024
The pain management devices market is projected to grow at a CAGR of 10.58% to reach US$8.840 billion by 2024, from US$4.834 billion in 2018. Pain may be defined as the unpleasant sensory experience caused due to damage to the tissue or illness. Pain management is the branch of medical sciences dealing with the prevention, diagnosis, and treatment of acute chronic pain. It plays an important role in identifying the precise source of the problem and isolating the optimal treatment. The pain management is generally guided by history of the pain, its intensity, duration, aggravating and relieving conditions, and structures involved in causing the pain. The growth in the market may be attributed to the large and rising patient population base. Adverse effects associated with the pain medication and growing demand for long term pain management will also bolster the market growth through to 2024. However, low awareness regarding the use and availability of the pain management devices and availability of low-cost pain medications might restrain the market for pain management devices during the given time frame.
The “Pain Management Devices Market – Forecasts from 2019 to 2024” is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by devices, applications, and geography.
The pain management devices market has been segmented based on devices, applications, and geography. By devices the market is segmented into electrical stimulators, neurostimulation devices, analgesic infusion pumps, and ablation devices. By application, the market is segmented as facial & migraine pain, neuropathic pain, cancer pain, musculoskeletal pain, others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the pain management devices market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the pain management devices market.
Segmentation
The pain management devices market has been analyzed through following segments:
By Devices
The “Pain Management Devices Market – Forecasts from 2019 to 2024” is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by devices, applications, and geography.
The pain management devices market has been segmented based on devices, applications, and geography. By devices the market is segmented into electrical stimulators, neurostimulation devices, analgesic infusion pumps, and ablation devices. By application, the market is segmented as facial & migraine pain, neuropathic pain, cancer pain, musculoskeletal pain, others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the pain management devices market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the pain management devices market.
Segmentation
The pain management devices market has been analyzed through following segments:
By Devices
- Electrical Stimulators
- Neurostimulation Devices
- Analgesic Infusion Pumps
- Ablation Devices
- Facial & Migraine Pain
- Neuropathic Pain
- Cancer Pain
- Musculoskeletal Pain
- Others
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. PAIN MANAGEMENT DEVICES MARKET BY DEVICES
5.1. Electrical Stimulators
5.2. Neurostimulation Devices
5.3. Analgesic Infusion Pumps
5.4. Ablation Devices
6. PAIN MANAGEMENT DEVICES MARKET BY APPLICATION
6.1. Facial & Migraine Pain
6.2. Neuropathic Pain
6.3. Cancer Pain
6.4. Musculoskeletal Pain
6.5. Others
7. PAIN MANAGEMENT DEVICES MARKET BY GEOGRAPHY
7.1. North America
7.1.1. United States
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. United Kingdom
7.3.2. Germany
7.3.3. France
7.3.4. Italy
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. South Korea
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. NeuroMetrix, Inc.
9.2. Medtronic
9.3. Boston Scientific Corporation
9.4. Zynex Medical
9.5. BioElectronics Corporation
9.6. Pain Management Technologies
9.7. SPR Therapeutics
9.8. Becton, Dickinson, and Company
9.9. Nevro Corp
9.10. Abbott
LIST OF FIGURES
LIST OF TABLES
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. PAIN MANAGEMENT DEVICES MARKET BY DEVICES
5.1. Electrical Stimulators
5.2. Neurostimulation Devices
5.3. Analgesic Infusion Pumps
5.4. Ablation Devices
6. PAIN MANAGEMENT DEVICES MARKET BY APPLICATION
6.1. Facial & Migraine Pain
6.2. Neuropathic Pain
6.3. Cancer Pain
6.4. Musculoskeletal Pain
6.5. Others
7. PAIN MANAGEMENT DEVICES MARKET BY GEOGRAPHY
7.1. North America
7.1.1. United States
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. United Kingdom
7.3.2. Germany
7.3.3. France
7.3.4. Italy
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. South Korea
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. NeuroMetrix, Inc.
9.2. Medtronic
9.3. Boston Scientific Corporation
9.4. Zynex Medical
9.5. BioElectronics Corporation
9.6. Pain Management Technologies
9.7. SPR Therapeutics
9.8. Becton, Dickinson, and Company
9.9. Nevro Corp
9.10. Abbott
LIST OF FIGURES
LIST OF TABLES