Interventional Pain Management Market to Escalate at the Healthy CAGR during 201Posted by Rajkumar on March 9th, 2019 Interventional pain management is a technique of pain management with special procedures such as spinal cord stimulation and pain management injections. Interventional pain management techniques are provided by trained anesthesiologists at pain management clinics or centers. These techniques are widely used in the treatment of various types of pain, which includes back and neck pain, diabetic neuropathy, cancer pain, foot and ankle pain, and joint pain.
Interventional Pain Management Market: Drivers
Rising prevalence of chronic pain is expected to increase the demand for interventional pain management techniques for its treatment, thereby fueling interventional pain management market growth in the near future. For instance, according to a study published by the National Centre for Biotechnology Information (NCBI) in 2015, around 19.6% of the individuals aged between 20 to 60 years were suffering from low back pain worldwide.
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According to a study published by the Centers for Disease Control and Prevention (CDC) in 2012, around 20.3% of the population in the U.S. suffer from lower back pain. As per the report of the American Academy of Pain Medicine (AAPM) 2012, over 100 million people suffer from chronic pain, 25.8 million from diabetes, 16.3 million from coronary heart disease, and 11.9 million from cancer in the U.S. every year, which is expected to further increase in the near future. Moreover, in 2015, the National Institutes of Health (NIH) estimated that one in 10 people in the U.S. suffer from chronic pain. According to a study published in the British Medical Journal in 2016, around one-third to half of the population in the U.K. suffers from chronic pain.
Interventional Pain Management Market: Regional Analysis
North America interventional pain management market is expected to grow drastically, owing to increasing promotional activities by interventional pain management providers to bring awareness about interventional pain management techniques among the population. For instance, in 2016, the Center for Interventional Pain and Spine launched its new website to bring awareness about the interventional pain management techniques among the population.
Interventional Pain Management Market: Key Players
Key players operating in the global interventional pain management market include Ipsen group, Allergan Plc., Medytox Inc., Merz GmbH, Medtronic Plc., Boston Scientific Corporation, and St. Jude Medical, Inc.
Interventional Pain Management Market: Taxonomy The global interventional pain management market is segmented on the basis of technique, application, and region. By Technique-
By Application-
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