The Global Pain Management Devices And Therapies Market Report by The Business Research Company covers pain management devices and therapies market drivers and restraints, pain management devices and therapies market size, major players, and the impact of COVID-19 on the pain management devices and therapies market.

The pain management devices and therapies market consist of sales of pain management devices and therapies to manage chronic and critical pain in patients suffering from various conditions, such as cancer and neurological disorder. This market includes the sales of light-based devices, TENS (transcutaneous electrical nerve stimulation) for home, and other devices mainly used for Spinal cord stimulation, sacral nerve stimulators and deep brain stimulation.

Increase in demand for pain management devices due rise in chronic diseases is driving the growth of pain management devices and therapies market. Chronic diseases such as cancer, heart stroke often leads to unbearable pain in patients and thus creating a demand for pain management drugs and therapies.

The global pain management devices and therapies market is expected to grow from $4.07 billion in 2020 to $4.49 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pain management devices and therapies market is expected to reach $6.03 billion in 2025 at a CAGR of 7.7%.

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Some pain management devices and therapies market trends include companies in the industry focusing on the use of advanced technologies to cure chronic and acute pain without the use of any opioid drugs. Special pain relief wearable devices are being developed by several companies that can be controlled manually or through a smartphone. These devices work by gathering neural pulses from the brain which triggers the release of the body’s natural pain blocker. Thus, the devices electrically stimulate the nervous system and increase body’s resistance to pain.

Global pain management devices and therapies market segments include:

1) By Type: Electrical Stimulators, Ablation Devices, Neurostimulators, Analgesic Pumps.

2) By Application: Neuropathic Pain, Cancer Pain, Facial & Migraine Pain, Musculoskeletal Pain, Trauma.

3) By Electrical Stimulation Devices: Transcutaneous Electrical Nerve Stimulation (TENS) Devices, Neuromuscular Electrical Stimulation (NMES/EMS) Devices, Combination Devices, Electrotherapy Devices, TNS.

4) By Ablation Devices: Radiofrequency Ablation Devices, Cryoablation Devices.

5) By Analgesic Infusion Pumps: Intrathecal Infusion Pumps, External Infusion Pumps.

6) By Neurostimulation Devices: Spinal Cord Stimulation (SCS) Devices, Deep Brain Stimulation Devices, Vagus Nerve Stimulation Devices, Sacral Nerve Stimulation Devices.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Pain Management Devices And Therapies Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides pain management devices and therapies market overviews, analyzes and forecasts market size, share, pain management devices and therapies market players, pain management devices and therapies market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The pain management devices and therapies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Pain Management Devices And Therapies Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Abbott Laboratories, AstraZeneca, Pfizer, Boston Scientific Corporation, GlaxoSmithKline PLC, Teva Pharmaceutical Industries Ltd, Medtronic PLC, Novartis AG, Baxter International Inc, Johnson & Johnson, Becton Dickinson & Company, Eli Lilly & Company, Endo Health Solutions Inc, Smiths Medical, Becton Dickinson and Company, Abbvie, Allergan, Astellas Pharmas, Bayer AG, DJO Global, St. Jude Medical, Halyard Health, B. Braun Melsungen AG, Neurotech Na, Nevro Corp, Sanofi, Purdue Pharma LP, ZogenixInc, Valeant Pharmaceuticals International.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Pain Management Devices And Therapies Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Pain Management Devices And Therapies Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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