The pain management device market has been witnessing significant growth over the past few years owing to growing demand for long-term pain management among the geriatric population, large patient population base, adverse effects of pain medication, high proven efficacy of pain management devices for the treatment of chronic pain. Furthermore, stringent rules to limit opioid pain killer prescriptions and strong product pipeline for pain management devices is expected to offer significant growth opportunities during next few years. However, low awareness about the availability and use of pain management devices are expected to restraint the market growth during the forecast period.
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The market based on application can be segmented into neuropathic pain, cancer pain, facial pain, musculoskeletal pain and others. Neuropathic pain segment is projected to witness high growth during the forecast period owing to the presence of substantial clinical evidence in the favor of high efficacy of pain management device in neuropathic pain treatment, large patient monitoring base, rising geriatric population across the globe.
Based on the mode of purchase, the market can be segmented into, over the counter and prescription based device. Prescription-based devices segment is expected to account largest share of global pain devices market. However, over the counter (OTC) devices segment is expected to grow at high rate owing to the availability of number of OTC devices in the markets and FDA approvals for new OTC devices in the near future.
Top 10 Players Genomics Market Overview:
Bio-Medical Research (BMR) Ltd.,
Codman and Shurtleff Inc.,
Stryker Corporation,
Hospira Inc.,
Smiths Medical,
Kimberly-Clark Corporation,
DJO Global LLC
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The market based on end user can be segmented into water treatment, pulp and paper, and others. One of the earliest use of Pain Management Device was to treat water in outdoor swimming pools. It remains the primary reason for growth of the Pain Management Device market. Meanwhile, its use in other industries such as food and beverage, and wastewater treatment industry has helped expand the market further. Pain Management Devices use in the pulp and paper industry has remained consistent. Other applications of Pain Management Device include its use as retention agent, filter agent, drying agent, and strengthening agent.

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