According to Markntel Advisors Report, Pain Management Device Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Pain management is a device that can be used to relieve all kinds of pain in the body. It gives therapy like a medical procedure. Pain management devices are used in hospital clinics and Physiotherapy Centers to help overcome the pain of patients who are suffering from severe chronic pain in the body.

Pain Management Device Market Research Report & Summary:

The Global Pain Management Devices Market size was valued at around USD 3,808 million in 2024 and is projected to reach USD 6,500 million by 2030. Along with this, the market is also estimated to grow at a CAGR of around 9.3% during the forecast period, i.e., 2025-30.                    

Time Period Captured in the Report:

·        Historical Years: 2020-2023

·        Base Years: 2024

·        Forecast Years: 2025-2030

Who are the Key Players Operating in the Pain Management Device Market?

The top companies of the Pain Management Device Market ruling the industry are: 

Abbott Laboratories, Smith’s Medical, B. Braun Melsungen AG, Baxter International Inc., Boston Scientific Corp., Colfax Corp., Medtronic plc, Nevro Corp., Stryker, Omron Corporation, Stimwave LLC, Kimberly-Clark Corporation, DJO Global LLC, Motive Health, Inc., Koninklijke Philips NV, Others

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What is included in Pain Management Device Market Segmentation?

The Pain Management Device Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Device Type
• Neuromodulation & Neurostimulation Devices-Market Size & Forecast 2019-2030, USD Million
• Analgesic Infusion Pumps-Market Size & Forecast 2019-2030, USD Million
• Intrathecal Infusion Pumps- Market Size & Forecast 2020-2030, (USD Million)
• External Infusion Pumps-Market Size & Forecast 2020-2030, (USD Million)
• Ablation Devices-Market Size & Forecast 2019-2030, USD Million
• Radiofrequency Ablation Devices- Market Size & Forecast 2020-2030, (USD Million)
• Cryoablation Devices-Market Size & Forecast 2020-2030, (USD Million)
• Neurothrombectomy Devices-Market Size & Forecast 2019-2030, USD Million
• Radiofrequency Ablation Devices- Market Size & Forecast 2020-2030, (USD Million)
• Cryoablation Devices-Market Size & Forecast 2020-2030, (USD Million)
• By Application
• Neuropathic Pain-Market Size & Forecast 2020-2030, USD Million
• Cancer Pain-Market Size & Forecast 2020-2030, USD Million
• Facial & Migraine Pain-Market Size & Forecast 2020-2030, USD Million
• Musculoskeletal Pain-Market Size & Forecast 2020-2030, USD Million
• Others-Market Size & Forecast 2020-2030, USD Million
• By End-User
• Hospital & Clinics-Market Size & Forecast 2020-2030, USD Million
• Physiotherapy Centers-Market Size & Forecast 2020-2030, USD Million
• Rehabilitation Centers-Market Size & Forecast 2020-2030, Thousand
• By Region
• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Explore the Complete Pain Management Device Market Analysis Report – https://www.marknteladvisors.com/research-library/pain-management-device-market.html

Pain Management Device Market Driver:

Increasing Prevalence of Chronic Pain Driving Demand – Chronic pain is a significant health problem that affects millions of people worldwide and forces them to seek efficient solutions for pain management. For instance, as per data from 2021 by the Centers for Disease Control and Prevention in the US, around 20.9% of adults are affected by chronic pain, creating a high requirement for pain management. Around 6.9% of them, estimated at 17.1 million individuals, had high-impact chronic pain severe enough to interfere with daily life.

Also in 2023, the incidence of new chronic pain cases was reported at 52.4 cases per 1,000 people per year, which indicates an increasing public health challenge. With a rise in chronic pain, safer pain management devices are being adopted instead of opioids, further driving the market growth. The non-invasive or minimally invasive solutions provided by these devices enable patients to manage their pain effectively while limiting the risks associated with long-term usage of opioids. The rise in the focus on non-pharmacological treatments to avoid the prevalence of chronic pain is also hastening the advancement in pain management technologies..

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