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16-Jul-2019

Pain Management Devices Market Will Grow 13.3% to a Record $ 14.1 Bn by 2026

The Global Pain Management Devices Market Size to touch valuation around USD 14.1 billion by 2026, this market is anticipated to grow with 13.3% CAGR during the forecast time period 2019 to 2026.

According to the Cancer Research of U.K, in 2018 around 17 million new cases of cancer were diagnosed globally. Cancer painis a common problem ofcancers owing to chronic and progressiveness of cancer. Its pain is very severe and results from tissue damage. Thus, increasing prevalence of cancer across the globe is increasing demand for cancer pain management. Additionally, according to the World Health Organization (WHO), in 2015, approximately 322 million people were living with depression across the globe. Various pain management devices are used in the management of these diseases and thereby driving the pain management devices market growth.

Rapidly increasing prevalence of the various chronic diseases, increasing number of accident, rising geriatric population and increasing healthcare spending of the people have driven the pain management devices market growth. Additionally, increasing government support and rapidly increasing investment in the healthcare sector have supported the growth of the pain management devices market. On the other hand, high cost of the devices and lack of awareness among the people may slow the growth of the pain management devices market.

The global pain management devices market is segmented by types and application.

On the basis of types, the pain management devices market is segmented into electrical stimulators, analgesic pumps, radiofrequency ablation devices, neurostimulators. Electrical stimulators are further segmented into Transcutaneous Electrical Nerve Stimulators (TENS), and others. Analgesic pumps are subsegmented into intrathecal pumps and external pumps. And neurostimulators is further classified into spinal cord stimulators (SPS), sacral nerve stimulators (SNS), deep brain stimulators (DBS), and others. Neurostimulators devices holds the major share in the global pain management devices market by types. High accuracy of the treatment, increasing demand for the devices and better results than other available devices have driven the growth of these pain management devices market.

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On the basis of application, the pain management devices market is segmented into cancer pain, facial amp; migraine pain, musculoskeletal pain, neuropathic pain, and others. Neuropathic pain holds the major share in the pain management devices market by application. Continuously increasing prevalence of the neurological diseases and rising demand for the neurological pain management devices will boost the market for neuropathic pain.

Geographically, the global pain management devices market is segmented into North America, Europe, Asia Pacific, Latin America and The Middle East amp; Africa (LAMEA).

North America is likely to account for the largest share of the global pain management devices market market during the forecast period 2019ndash;2026. Growth of the region is attributed to the chronic back pain and lower back pain which is the leading disease in the U.S. Additionally, increasing number of incidences of cancer such as cervical cancer, brain cancer is escalating the market growth. U.S. is expected to dominate the North America pain management devices market owing to the presence of huge geriatric population, high healthcare spending, and well developed economy.

Europe accounts for significant share of the global pain management devices market market. Geriatric people are more susceptible to the diseases such as arthritis, epilepsy, joint or bone pain, depression, nerve damages, diabetic neuropathy will drive the Europe pain management devices market. Increasing geriatric population in the region is expected to demand for advanced pain management devices in which turn is anticipated to fuel the pain management devices market growth.

Asiandash;Pacific is expected to be the fastest growing pain management devices market during the forecast period 2019ndash;2026. Significant growth of the pain management devices market is attributed to the increasing prevalence of neurological disorder such as epilepsy in India due to unhealthy lifestyle and changing lifestyle trends. Huge population, changing lifestyle huge patient population, and continually increasing healthcare expenditure will support eh growth of the pain management devices market in Asia Pacific region.

On the other hand LAMEA is expected to witness a considerable growth in the pain management devices market during the forecast period 2019-2026. The significant growth in the regional market is attributed due to increasing prevalence of chronic diseases and disorders, high spending from Middle East countries. Increasing urbanization, high disposable income and improving healthcare infrastructure, are projected to drive the pain management devices market growth to some extent. Africa region is witnessing the healthy opportunity for the pain management devices market due to increasing investment in this region, rising healthcare spending and entry of the many major players in this region.

Some of the key players in the global pain management devices market include T Boston Scientific Corp.; B Braun Melsungen AG.; Baxter International, Inc.; Smiths Medical; Stryker Corp.; Codman and Shurtleff; Medtronic Plc; DJO Global LLC; Pfizer, Inc.; and St. Jude Medical.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Pain Management Devices
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Pain Management Devices Market By Type
1.2.2.1. Global Pain Management Devices Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Pain Management Devices Market Revenue Share By Type in 2017
1.2.2.3. Electrical Stimulators
1.2.2.3.1. TENS
1.2.2.3.2. Others
1.2.2.4. Analgesic Pumps
1.2.2.4.1. Intrathecal pumps
1.2.2.4.2. External pumps
1.2.2.5. Radiofrequency Ablation Devices
1.2.2.6. Neurostimulators
1.2.2.6.1. Spinal Cord Stimulators (SPS)
1.2.2.6.2. Sacral Nerve Stimulators (SNS)
1.2.2.6.3. Deep Brain Stimulators (DBS)
1.2.3. Pain Management Devices Market By Application
1.2.3.1. Global Pain Management Devices Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Pain Management Devices Market Revenue Share By Application in 2017
1.2.3.3. Cancer Pain
1.2.3.4. Facial amp; Migraine Pain
1.2.3.5. Musculoskeletal Pain
1.2.3.6. Neuropathic Pain
1.2.3.7. Others
1.2.4. Pain Management Devices Market by Geography
1.2.4.1. Global Pain Management Devices Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Pain Management Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Pain Management Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Pain Management Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Pain Management Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Pain Management Devices Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porterrsquo;s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Pain Management Devices Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Pain Management Devices Major Manufacturers in 2017
3.3. Ramp;D Status and Technology Source of Global Pain Management Devices Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Pain Management Devices Major Manufacturers in 2017

CHAPTER 4. PAIN MANAGEMENT DEVICES MARKET BY TYPE

4.1. Global Pain Management Devices Revenue By Type
4.2. Electrical Stimulators
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.2.3. TENS
4.2.4. Others
4.3. Analgesic Pumps
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3.3. Intrathecal pumps
4.3.4. External pumps
4.4. Radiofrequency Ablation Devices
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Neurostimulators
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5.3. Spinal Cord Stimulators (SPS)
4.5.4. Sacral Nerve Stimulators (SNS)
4.5.5. Deep Brain Stimulators (DBS)

CHAPTER 5. PAIN MANAGEMENT DEVICES MARKET BY APPLICATION

5.1. Global Pain Management Devices Revenue By Application
5.2. Cancer Pain
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Facial amp; Migraine Pain
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Musculoskeletal Pain
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Neuropathic Pain
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Others
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA PAIN MANAGEMENT DEVICES MARKET BY COUNTRY

6.1. North America Pain Management Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Pain Management Devices Market Revenue Share Comparison, 2015 amp; 2026 (%)
6.3. U.S.
6.3.1. U.S. Pain Management Devices Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE PAIN MANAGEMENT DEVICES MARKET BY COUNTRY

7.1. Europe Pain Management Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Pain Management Devices Market Revenue Share Comparison, 2015 amp; 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC PAIN MANAGEMENT DEVICES MARKET BY COUNTRY

8.1. Asia-Pacific Pain Management Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Pain Management Devices Market Revenue Share Comparison, 2015 amp; 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA PAIN MANAGEMENT DEVICES MARKET BY COUNTRY

9.1. Latin America Pain Management Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Pain Management Devices Market Revenue Share Comparison, 2015 amp; 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST PAIN MANAGEMENT DEVICES MARKET BY COUNTRY

10.1. Middle East Pain Management Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Pain Management Devices Market Revenue Share Comparison, 2015 amp; 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA PAIN MANAGEMENT DEVICES MARKET BY COUNTRY

11.1. Africa Pain Management Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Pain Management Devices Market Revenue Share Comparison, 2015 amp; 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Boston Scientific Corp.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. B Braun Melsungen AG.
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Baxter International, Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Smiths Medical
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Stryker Corp.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Codman and Shurtleff
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Medtronic Plc
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. DJO Global LLC
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Pfizer, Inc.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. St. Jude Medical.
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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Last Updated: 16-Jul-2019