Pain Management Devices Market Size, Share, Analysis Report

Pain Management Devices Market Size by Product Outlook (Electrical Stimulators, TENS, TENS), By Application Outlook (Cancer, Neuropathic Pain, Facial & Migraine, Musculoskeletal Disorder, Trauma), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Pain Management Devices Market is expected to be around US$ 7.70 Billion by 2028 at a CAGR of 7.10% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Smiths Medical
  • B. Braun Melsungen AG
  • Baxter
  • Boston Scientific Corp
  • Colfax Corp
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    7

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Pain Management Devices Market is expected to be around US$ 7.70 Billion by 2028 at a CAGR of 7.10% in the given forecast period.

    Pain management is a division of medical science, which eases the suffering of the patients who have chronic pain. Acute pain has sudden onset of action, whereas chronic pain perseveres for a longer time, which leads to requirement for its management. Pain management devices are medical device that are used in management of different types of pain such as nociceptive pain, neuropathic pain, cancer pain, musculoskeletal pain, and others. Spinal cord stimulators, analgesic infusion pumps, transcutaneous electrical nerve stimulation devices, and ablation devices are many types of pain management devices accessible in the market. The development of the global pain management devices market is driven by growth in geriatric population, rise in prevalence of chronic pain, surge in geriatric population, transcutaneous electrical nerve stimulation devices, surge in awareness among people towards pain management devices, improved R&D investment to develop innovative products, and introduction of innovative products. Furthermore, growth in demand for pain management devices among the developing countries and increase in acceptance of pain management devices for management of chronic pain are other factors that contribute toward the development of the market.

    The global Pain Management Devices market is segregated on the basis of Product Outlook as Electrical Stimulators, TENS, TENS, Others, Radiofrequency Ablation, Analgesic Infusion Pumps, Intrathecal Infusion Pumps, Intrathecal Infusion Pumps, External Infusion Pumps, Neurostimulation, Spinal Cord Stimulators, Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Neurostimulators, and Others. Based on Application Outlook the global Pain Management Devices market is segmented in Cancer, Neuropathic Pain, Facial & Migraine, Musculoskeletal Disorder, Trauma, and Others.

    The global Pain Management Devices market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Pain Management Devices market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Smiths Medical, B. Braun Melsungen AG, Baxter, Boston Scientific Corp., Colfax Corp., Medtronic Plc, Nevro Corp., Abbott, Stryker, Omron Healthcare, Inc., and others are among the major players in the global Pain Management Devices market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Pain Management Devices Market has been segmented as below:

    Pain Management Devices Market, By Product Outlook

    • Electrical Stimulators
    • TENS
    • Others
    • Radiofrequency Ablation
    • Analgesic Infusion Pumps
    • Intrathecal Infusion Pumps
    • External Infusion Pumps
    • Neurostimulation
    • Spinal Cord Stimulators
    • Deep Brain Stimulators
    • Sacral Neurostimulators
    • Others

    Pain Management Devices Market, By Application Outlook

    • Cancer
    • Neuropathic Pain
    • Facial & Migraine
    • Musculoskeletal Disorder
    • Trauma
    • Others

    Pain Management Devices Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Pain Management Devices Market, By Company

    • Smiths Medical
    • B. Braun Melsungen AG
    • Baxter
    • Boston Scientific Corp.
    • Colfax Corp.
    • Medtronic Plc
    • Nevro Corp.
    • Abbott
    • Stryker
    • Omron Healthcare, Inc.

    The report covers:

    • Global Pain Management Devices market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Pain Management Devices market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Pain Management Devices market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Pain Management Devices market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Pain Management Devices market share. Major industry players with significant revenue share include Smiths Medical, B. Braun Melsungen AG, Baxter, Boston Scientific Corp., Colfax Corp., Medtronic Plc, Nevro Corp., Abbott, Stryker, Omron Healthcare, Inc., and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Pain Management Devices industry trends
    • Find complete analysis on the market status
    • Identify the Pain Management Devices market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1.    Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    2.1.    Research Scope
    2.2.    Research Methodology
    2.2.1.    Market Research Process
    2.2.2.    Research Methodology
    2.2.2.1.    Secondary Research
    2.2.2.2.    Primary Research
    2.2.2.3.    Models for Estimation
    2.3.    Market Size Estimation
    2.3.1.    Bottom-Up Approach
    2.3.2.    Top-Down Approach
    3.    Executive Summary
    4.    Market Overview

    4.1.    Introduction
    4.2.    Drivers
    4.3.    Restraints
    4.4.    Opportunities
    4.5.    Challenges
    5.    Pain Management Devices Market, By Product Outlook
    5.1.    Key Points
    5.2.    Electrical Stimulators
    5.2.1.    TENS
    5.2.2.    Others
    5.3.    Radiofrequency Ablation
    5.4.    Analgesic Infusion Pumps
    5.4.1.    Intrathecal Infusion Pumps
    5.4.2.    External Infusion Pumps
    5.5.    Neurostimulation
    5.5.1.    Spinal Cord Stimulators
    5.5.2.    Deep Brain Stimulators
    5.5.3.    Sacral Neurostimulators
    5.5.4.    Others
    6.    Pain Management Devices Market, By Application Outlook
    6.1.    Key Points
    6.2.    Cancer
    6.3.    Neuropathic Pain
    6.4.    Facial & Migraine
    6.5.    Musculoskeletal Disorder
    6.6.    Trauma
    6.7.    Others
    7.    Competitive Landscape
    7.1.    Introduction
    7.2.    Recent Developments
    7.2.1.    Mergers & Acquisitions
    7.2.2.    New Product Developments
    7.2.3.    Portfolio/Production Capacity Expansions
    7.2.4.    Joint Ventures, Collaborations, Partnerships & Agreements
    7.2.5.    Others
    8.    Company Profiles
    8.1 Smiths Medical
    8.1.1 Company Overview
    8.1.2 Product/Service Landscape
    8.1.3 Financial Overview
    8.1.4 Recent Developments
    8.2 B. Braun Melsungen AG
    8.2.1 Company Overview
    8.2.2 Product/Service Landscape
    8.2.3 Financial Overview
    8.2.4 Recent Developments
    8.3 Baxter
    8.3.1 Company Overview
    8.3.2 Product/Service Landscape
    8.3.3 Financial Overview
    8.3.4 Recent Developments
    8.4 Boston Scientific Corp.
    8.4.1 Company Overview
    8.4.2 Product/Service Landscape
    8.4.3 Financial Overview
    8.4.4 Recent Developments
    8.5 Colfax Corp.
    8.5.1 Company Overview
    8.5.2 Product/Service Landscape
    8.5.3 Financial Overview
    8.5.4 Recent Developments
    8.6 Medtronic Plc
    8.6.1 Company Overview
    8.6.2 Product/Service Landscape
    8.6.3 Financial Overview
    8.6.4 Recent Developments
    8.7 Nevro Corp.
    8.7.1 Company Overview
    8.7.2 Product/Service Landscape
    8.7.3 Financial Overview
    8.7.4 Recent Developments
    8.8 Abbott
    8.8.1 Company Overview
    8.8.2 Product/Service Landscape
    8.8.3 Financial Overview
    8.8.4 Recent Developments
    8.9 Stryker
    8.9.1 Company Overview
    8.9.2 Product/Service Landscape
    8.9.3 Financial Overview
    8.9.4 Recent Developments
    8.10 Omron Healthcare, Inc.
    8.10.1 Company Overview
    8.10.2 Product/Service Landscape
    8.10.3 Financial Overview
    8.10.4 Recent Developments

    The Pain Management Devices Market has been segmented as below:

    Pain Management Devices Market, By Product Outlook

    • Electrical Stimulators
    • TENS
    • Others
    • Radiofrequency Ablation
    • Analgesic Infusion Pumps
    • Intrathecal Infusion Pumps
    • External Infusion Pumps
    • Neurostimulation
    • Spinal Cord Stimulators
    • Deep Brain Stimulators
    • Sacral Neurostimulators
    • Others

    Pain Management Devices Market, By Application Outlook

    • Cancer
    • Neuropathic Pain
    • Facial & Migraine
    • Musculoskeletal Disorder
    • Trauma
    • Others

    Pain Management Devices Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Pain Management Devices Market, By Company

    • Smiths Medical
    • B. Braun Melsungen AG
    • Baxter
    • Boston Scientific Corp.
    • Colfax Corp.
    • Medtronic Plc
    • Nevro Corp.
    • Abbott
    • Stryker
    • Omron Healthcare, Inc.

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 7.10% during the study period (2023-2028)
    The Pain Management Devices Market is expected to be around US$ 7.70 Billion by 2028
    The segment included in Pain Management Devices Market is Product, Application and region.
    Some key players operating in the Pain Management Devices Market include Smiths Medical, B. Braun Melsungen AG, Baxter, Boston Scientific Corp., Colfax Corp., Medtronic Plc, Nevro Corp., Abbott, Stryker
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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