Press Release

Pain Management Devices Market Worldwide Growth, Regional Analysis, Trends, Industry Reports Forecast upto 2026

The Global Pain Management Devices Market will benefit from increasing regulatory approvals for neuromodulation devices in recent years. According to a report published by Fortune Business Insights, titled “Pain Management Devices Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 3,922.9 Mn in 2018. Fortune Business Insights states that the market will reach US$ 8,046.3 Mn by 2026, exhibiting a CAGR of 9.4%.

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Some of the Main Key Players Covered in the Pain Management Devices Market Report:

  • Medtronic
  • Boston Scientific Corporation
  • LivaNova
  • Abbott
  • DJO Global LLC
  • SPR Therapeutics
  • Nevro Corp

Segmentation of Pain Management Devices Market

By Product Type

  • Electrical Stimulation Devices
  • RF Ablation Devices
  • Neuromodulation Devices
  • Infusion Pumps

By Application

  • Musculoskeletal
  • Brain
  • Cancer
  • Neuropathy

By End User

  • Physiotherapy Centers
  • Hospitals and Clinics

By Geography

  • North America
  • Europe
  • Asia Pacific

Launch of Technologically Advanced Pain Management Devices Market Likely to Enable Growth

Technological advancements in pain management devices have played a huge part in the overall pain management market growth in recent years. Several companies have launched products with better feasibility and high operational efficacy. In January 2019, Boston Scientific announced the launch of an advanced chronic pain management device, which has been identified as one of the very few devices in the market with the ability to combine paresthesia and sub-perception therapy.

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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