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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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Arthur Siegrist

By Arthur Siegrist

Arthur has nearly a decade of media experience. Before joining FBI Market News, he ran content operations of several local news journals. He also vast experience stock market, corporate communications, public relations, and digital marketing. Arthur holds a commerce degree from the University of Oakland and a post-graduate degree in English from NYU.