The Pain Management Devices Market is expected to be around US$ 7.18
Billion by 2027 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.

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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 2027, along with CAGR for 2022-2027
• Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2022 to 2027
• 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

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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.

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