The report provides forecast and analysis of the global pain management device market. It provides market overview of global pain management device market of in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the pain management device market and their impact on each country during the forecast period.

Pain Management Devices deals with minimizing the pain of the patients. Increasing the government efforts in increasing pain rehabilitation centers has increasing the market. In the recent years, development of novel pain management devices is propelling the market growth. The market for pain management devices is witnessing huge demand due to increasing patients suffering from cancer, neurological devices, trauma, arthritis and other inflammatory devices.

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The pain management device market has been witnessing significant growth over the past few years owing to growing demand for long-term pain management among the geriatric population, large patient population base, adverse effects of pain medication, high proven efficacy of pain management devices for the treatment of chronic pain. Furthermore, stringent rules to limit opioid pain killer prescriptions and strong product pipeline for pain management devices is expected to offer significant growth opportunities during next few years. However, low awareness about the availability and use of pain management devices are expected to restraint the market growth during the forecast period.

Top Key Players:-
• Medtronic Plc
• St. Jude Medical
• Bio-Medical Research (BMR) Ltd.
• Codman and Shurtleff Inc.
• Stryker Corporation
• Hospira Inc.
• Smiths Medical
• Kimberly-Clark Corporation
• DJO Global LLC
• B. Braun Melsungen AG and Pain Management Inc.

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The Market based on application can be segmented into neuropathic pain, cancer pain, facial pain, musculoskeletal pain and others. Neuropathic pain segment is projected to witness high growth during the forecast period owing to the presence of substantial clinical evidence in the favor of high efficacy of pain management device in neuropathic pain treatment, large patient monitoring base, rising geriatric population across the globe.

Based on the mode of purchase, the market can be segmented into, over the counter and prescription-based device. Prescription-based devices segment is expected to account largest share of global pain devices market. However, over the counter (OTC) devices segment is expected to grow at high rate owing to the availability of number of OTC devices in the markets and FDA approvals for new OTC devices in the near future.

The Report also includes competitive profiling of leading players, recent developments in the industry, financial analysis and various business strategies adopted by them. This report will help players in global pain management device market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.

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