Pain Management Devices Market: Global Market Size, Industry Growth, Future ProsPosted by OMR Global on January 7th, 2020 The global pain management devices market is estimated to grow at a CAGR 7.1% during the forecast period (2018-2023). The need for the pain management devices has been growing tremendously due to rise in chronic conditions. Pain can arise for several different reasons including injury, metabolic problems such as diabetes, surgery and nerve damage. The pain management devices have become popular over the last few years as it relieves the patients from suffering of pain, acting as a key driver for the growth of the market. A full report of Pain Management Devices Marketis available at: https://www.omrglobal.com/industry-reports/pain-management-devices-market Moreover, launch of innovative products in the market by tech giants have also spurred the market growth in recent years. For instance: Google Inc., in July 2014 revealed a prototype smart contact lens for monitoring of blood glucose level of the patients living with diabetes. This prevents the patients from the pain of piercing their fingers for blood glucose test. To know more information, please request a free report sample https://www.omrglobal.com/request-sample/pain-management-devices-market The growth of the global pain management devices market is attributed to increasing geriatric population pool as aged population is more at high risk of arthritics and other chronic conditions. Population aged are weak against chronic diseases due to their weak immune system and aging. According to WHO (world health organization), from 2010-2015, geriatric population increased by around 450 million to reach 90 million in 2015 and expected to exceed 1.5 billion in 2050. Older population are prone to various diseases such as cardiovascular diseases (CVD), cancer and other urological diseases. These medical conditions demand for pain management devices as the people suffer from post-treatment effect of these disease that includes chronic pain. For instance: long-term problems across a patient’s body can be caused due to diabetes such as leg pain and cramps due to nerve damage. The diabetic population can suffer from back pain and neuropathy pain. Diabetic neuropathy can be controlled by taking pain management treatment that will increase the demand for pain management devices fueling the growth of market across the globe. Current Market Trends Covered in the Global Pain Management Devices Market Report
Global Pain Management Devices Market Segmentation By Applications
By Types
Global Pain Management Devices Market – Segment by Region North America
Europe
Asia-Pacific
Rest of the World
Leading Players
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