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.
Global Pain Management Device Market Trend:
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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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Pain Management Device Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- 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
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 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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