Global Pain Management and Surgical Devices Market, By Pain Management Devices (Neuromodulation Device, Ablation Devices, Analgesic Infusion Pumps), Surgical Devices (Sutures and Staplers, Handheld Surgical Instruments, Electrosurgical Devices, Others), End User (Medical Devices Manufacturing Companies And Academic And Research Organizations), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Pain Management and Surgical Devices Market
The pain management and surgical devices market is expected to witness market growth at a rate of 6.51% in the forecast period of 2021 to 2028 and is expected to reach USD 8584.89 million by 2028. Data Bridge Market Research report on pain management and surgical devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise of healthcare sector is escalating the growth of pain management and surgical devices market.
Pain management is defined as the branch of medical science assisting with the relief of the suffering in patients who have chronic pain. Pain management devices could be referred to as the type of medical device that are highly used for managing different forms of pain including cancer pain, nociceptive pain, musculoskeletal pain and neuropathic pain among others. Surgical equipment refers to the type of tools that help to provide access to the internal body or aid the physical modification of biological tissue.
The rise in incidences of chronic diseases, such as cancer, neuropathy, diabetes and osteoarthritis act as one of the major factors driving the growth of pain management and surgical devices market. The increase in the adoption of the pain management devices owing to the high proven efficacy for the treatment of chronic pain and increase in government support such as favorable reimbursement policies and foreign direct investment provisions accelerate the market growth. The rise in number of surgical procedure and rise in adoption of surgery because of therapeutic efficiency problems associated with medication, such as drug resistance, and low bioavailability further influence the market. Additionally, surge in healthcare expenditure and growing geriatric population positively affects the pain management and surgical devices market. Furthermore, technological advancements in the devices extend profitable opportunity to the market players in the forecast period of 2021 to 2028.
The rise in concerns regarding the risks associated with surgeries and availability of alternative therapies for pain management are projected to challenge the pain management and surgical devices market in the forecast period of 2021-2028.
This pain management and surgical devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on pain management and surgical devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Pain Management and Surgical Devices Market Scope and Market Size
The pain management and surgical devices market is segmented on the basis of pain management devices, surgery method and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of pain management devices, the pain management and surgical devices market is segmented into neuromodulation device, ablation devices, and analgesic infusion pumps. Neuromodulation device is further segmented into transcutaneous electrical nerve stimulation (TENS) devices and spinal cord stimulation (SCS) devices. Ablation devices are further segmented into radiofrequency ablation devices and cryoablation devices. Analgesic infusion pumps are further segmented into intrathecal infusion pumps and external infusion pumps.
- On the basis of surgical devices, the pain management and surgical devices market is segmented into sutures and staplers, handheld surgical instruments, electrosurgical devices, and others.
- On the basis of end-user, the pain management and surgical devices market is segmented into hospitals, speciality clinics, and others.
Global Pain Management and Surgical Devices Market Country Level Analysis
The pain management and surgical devices market is analyzed and market size insights and trends are provided by country, pain management devices, surgery method and end-user as referenced above.
The countries covered in the pain management and surgical devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the pain management and surgical devices market because of and well-developed healthcare infrastructure within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the large patient pool and increase in the number of surgeries in the region.
The country section of the pain management and surgical devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The pain management and surgical devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for pain management and surgical devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the pain management and surgical devices market. The data is available for historic period 2021-2021.
Competitive Landscape and Pain Management and Surgical Devices Market Share Analysis
The pain management and surgical devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pain management and surgical devices market.
The major players covered in the pain management and surgical devices market report are Baxter., Boston Scientific Corporation, Medtronic, St. Jude Medical, Bio-Medical Research, Codman and Shurtleff, Inc., Stryker, Hospira Inc., Smiths Medical, Kimberly-Clark Corporation, Abbott, Applied Biomedical, LLC, California Resources Corporation, Microline Surgical, Zimmer Biomet, B. Braun Melsungen AG, CONMED Corporation, HOYA Corporation, Applied Medical Resources Corporation, Aesculap, Inc., Johnson & Johnson Services, Inc., Karl Storz Gmbh & Co. Kg, Novatract Surgical Inc., REMA Medizintechnik GmbH, Teleflex Incorporated, Boston Scientific Corporation, and Given Imagin Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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