Market Research Reports

Pain Management Devices Market (Electrical Stimulators, Radiofrequency Ablation, Analgesic Pumps, Neurostimulation Devices) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

92pages
Published Date: 2013-07-23
 

Description




Technological advancements and increased sophistication have revolutionized the pain management sector. Significant research and development to understand various pain sensations and their neurotransmission processes has helped in pain reduction to a great extent. Chronic diseases have resulted in large number of pain patients. Rise in aging population is augmenting the incidence of diseases such as chronic arthritis, diabetic neuropathy, osteoarthritis and cancer. The advent of innovative products such as neurostimulators, analgesic infusion pumps, electrical stimulators and radiofrequency ablators have revolutionized the growth of the pain management devices market. Laser therapy, cryotherapy, TENS and similar other therapies have opened up new avenues in pain management. 

This report covers the expected market of pain management devices in the future. The market has been analyzed by two aspects - by devices and applications. The device market provides the study of neurostimulators, analgesic infusion pumps, electrical stimulators and radiofrequency ablators. All these devices are helpful in treating various types of chronic pain such as cancer, facial, musculoskeletal and neuropathic pain.

Geographically, this market has been divided into four major regions which include North America, Europe, Asia and RoW (Rest of the world). Market sizes, forecasts (from 2012 to 2018) and % CAGR for each region have been provided, considering 2011 as the base year. The major drivers, restraints, challenges and growth opportunities and other qualitative dynamics have been considered in the market overview section of this report. The recommendation chapter provides assistance to industry players on ways to enter this market or to establish sustainable competitive advantage. All the major companies and their shares have been studied under special chapters for company profiles and market share analysis.

The global pain management devices market has been segmented as below:

Pain Management Market, By Types
  • Electrical Stimulators
    • TENS
    • Others
  • Analgesic Pumps
    • Intrathecal pumps
    • External pumps
  • Radiofrequency Ablation Devices
  • Neurostimulators
    • Spinal Cord Stimulators (SPS)
    • Sacral Nerve Stimulators (SNS)
    • Deep Brain Stimulators (DBS)
Pain Management Market, By Applications
  • Cancer Pain
  • Neuropathic Pain
  • Facial & Migraine Pain
  • Musculoskeletal Pain
  • Trauma
Pain Management Market, By Geography
  • North America
  • Europe
  • Asia
  • Rest of the World (RoW)

Table of Contents




Table of Content

Chapter 1 Introduction
1.1 Report Description
1.2 Market Segmentation
1.3 Scope of the Report
1.4 Research Methodology
      1.4.1 Sources
               1.4.1.1 Secondary Research
               1.4.1.2 Primary Research
               1.4.1.3 Models
1.5 Assumptions

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Pain Management Devices Market (2011 & 2018)
2.2 Global Pain Management Devices Market, by Product Types, 2011 (USD Million)

Chapter 3 Global Pain Management Devices Market Dynamics
3.1 Overview
3.2 Drivers
       3.2.1 Rising Prevalence of Diabetes and Rapidly Aging World Population
       3.2.2 Rise in Cancer Population
       3.2.3 Rise in Neuropathic Pain Disorders
       3.2.4 Ineffective Oral Drugs and Reluctance for Surgical Intervention to Boost the Growth of Pain Management Devices
       3.2.5 Favorable Reimbursement Policies To Expedite The Growth Of The Market
       3.2.6 Increase Government Preference Towards Reduced Hospital Stay Has Propelled the Growth Of Pain Devices
       3.2.7 Technological Advancements
3.3 Restraints
       3.3.1 Side Effects of Pain Management Devices
       3.3.2 Implementation of the Affordable Healthcare for America Act, 2010
3.4 Opportunities
       3.4.1 Emerging Economies in Asia, Latin America and Eastern European Countries
3.5 Porter’s Five Forces Analysis
       3.5.1 Bargaining Power of Suppliers
       3.5.2 Bargaining Power of Buyers
       3.5.3 Threat of New Entrants
       3.5.4 Threat of Substitutes
       3.5.5 Competitive Rivalry
3.6 Market Attractiveness Analysis
3.7 Market Share Analysis by Key Players, 2011 (%)
       3.7.1 Global Pain Management Devices Market Share Analysis of Key Players, 2011 (%)

Chapter 4 Pain Management Devices Market, by Types
4.1 Overview
4.2 Electrical Stimulators
       4.2.1 TENS (Transcutaneous Electrical Nerve Stimulators)
                4.2.1.1 Global TENS Market Revenues, 2010 – 2018 (USD Million)
       4.2.2 Other Electrical Stimulators (EMS, IF,HVPGS & MS)
              4.2.2.1 Global Other Electrical Stimulators Market Revenues, 2010 – 2018 (USD Million)
4.3 Radiofrequency Ablation
       4.3.1 Global Radiofrequency Devices Market Revenues, 2010 – 2018 (USD Million)
4.4 Analgesic Infusion Pumps
       4.4.1 Global Analgesic Pumps Market Revenues, by Types, 2010 – 2018 (USD Million)
       4.4.2 Global Analgesic Pumps Market Revenues, by Geography, 2010 – 2018 (USD Million)
       4.4.3 Intrathecal Infusion Pumps
               4.4.3.1 Global Intrathecal Infusion Pumps Market Revenues, 2010 – 2018 (USD Million)
       4.4.4 External Infusion Pumps
              4.4.4.1 Global External Analgesic Infusion Pumps Market Revenues, 2010 – 2018 (USD Million)
4.5 Neurostimulation Devices
       4.5.1 Global Neurostimulation Devices Market Revenues, 2010 – 2018 (USD Million)
       4.5.2 Spinal Cord Stimulator (SCS)
                4.5.2.1 Global Spinal Cord Stimulator Devices Market Revenues, 2010 – 2018 (USD Million)
       4.5.3 Deep Brain Stimulator (DBS)
               4.5.3.1 Global Deep Brain Stimulator Devices Market Revenues, 2010 – 2018 (USD Million)
       4.5.4 Sacral Neurostimulator
                4.5.4.1 Global Sacral Neurostimulator Devices Market Revenues, 2010 – 2018 (USD Million)

Chapter 5 Pain Management Devices Market, by Applications
5.1 Overview
5.2 Electrical Stimulation Devices Market by Applications
       5.2.1 Electrical Stimulation Devices Market by Applications, 2010-2018 (USD Million)
5.3 Neurostimulation Devices Market by Applications
       5.3.1 Neurostimulation Devices Market by Applications, 2010-2018 (USD Million)
5.4 Analgesic Infusion Pump Market by Applications
       5.4.1 Analgesic Infusion Pump Market by Applications, 2010-2018 (USD Million)
5.5 RF Ablation Market by Applications
5.6 RF Ablation Market by Applications, 2010-2018 (USD Million)

Chapter 6 Pain Management Devices Market, by Geography
6.1 Overview
       6.1.1 Global Pain Management Devices Market Revenues, by Geography, 2010-2018 (USD Million)
6.2 North America
       6.2.1 North America Pain Management Devices Market Revenues, 2010 – 2018 (USD Million)
6.3 Europe
       6.3.1 Europe Pain Management Devices Market Revenues, 2010 – 2018 (USD Million)
6.4 Asia
       6.4.1 Asia Pain Management Devices Market Revenues, 2010 – 2018 (USD Million)
6.5 ROW
       6.5.1 ROW Pain Management Devices Market Revenues, 2010 – 2018 (USD Million)

Chapter 7 Recommendations
7.1 Success Strategies
       7.1.1 Rigorous Research and Development (R&D) Initiatives
       7.1.2 Investing in Emerging Economies
7.2 Barriers to be Considered
       7.2.1 High Cost of Investment

Chapter 8 Company Profiles
8.1 Baxter International Inc.
       8.1.1 Company Overview
       8.1.2 Financial Overview
       8.1.3 Product Portfolio
       8.1.4 Volumetric Infusion Pump
       8.1.5 Business Strategies
       8.1.6 Recent Developments
8.2 B. Braun Melsungen AG
       8.2.1 Company Overview
       8.2.2 Financial Overview
       8.2.3 Product Portfolio
       8.2.4 Business Strategies
8.3 Boston Scientific Corporation
       8.3.1 Company Overview
       8.3.2 Financial Overview
       8.3.3 Business Strategies
       8.3.4 Product Portfolio
       8.3.5 Recent Developments
8.4 Codman And Shurtleff, Inc
       8.4.1 Company Overview
       8.4.2 Financial Overview
       8.4.3 Business Strategies
       8.4.4 Product Portfolio
       8.4.5 Recent Developments
8.5 DJO Global LLC
       8.5.1 Company Overview
       8.5.2 Financial Overview
       8.5.3 Business Strategies
       8.5.4 Product Portfolio
       8.5.5 Recent Developments
8.6 Hospira Inc.
       8.6.1 Company Overview
       8.6.2 Financial Overview
       8.6.3 Product Portfolio
       8.6.4 Business Strategies
8.7 Kimberly-Clark Corporation
       8.7.1 Company Overview
       8.7.2 Financial Overview
       8.7.3 Product Portfolio
       8.7.4 Business Strategies
       8.7.5 Recent Developments
8.8 Medtronic, Inc.
       8.8.1 Company Overview
       8.8.2 Financial Overview
       8.8.3 Business Strategies
       8.8.4 Product Portfolio
       8.8.5 Recent Developments
8.9 Smiths Medical
       8.9.1 Company Overview
       8.9.2 Financial Overview
       8.9.3 Product Portfolio
       8.9.4 Business Strategies
       8.9.5 Recent Developments
8.10 St. Jude Medical, Inc.
       8.10.1 Company Overview
       8.10.2 Financial Overview
       8.10.3 Business Strategies
       8.10.4 Product Portfolio
       8.10.5 Recent Developments
8.11 Stryker Corporation
       8.11.1 Company Overview
       8.11.2 Financial Overview
       8.11.3 Business Strategies
       8.11.4 Product Portfolio
       8.11.5 Recent Developments

List of Figures

FIG. 1 Global Pain Management Devices Market Segmentation
FIG. 2 Global Pain Management Devices Market, by Product Types, 2011 (USD Million)
FIG. 3 Porter’s Five Forces Analysis: Global Pain Management Devices Market
FIG. 4 Market Attractiveness Analysis: Global Pain Management Devices Market, by Geography
FIG. 5 Global Pain Management Devices Market Share Analysis of Key Players, 2011 (%)
FIG. 6 Global TENS Market Revenues, 2010 – 2018 (USD Million)
FIG. 7 Global Other Electrical Stimulators Market Revenues, 2010 – 2018 (USD Million)
FIG. 8 Global Radiofrequency Devices Market Revenues, 2010 – 2018 (USD Million)
FIG. 9 Analgesic Infusion Pumps by Types
FIG. 10 Global Intrathecal Infusion Pumps Market Revenues, 2010 – 2018 (USD Million)
FIG. 11 Global External Analgesic Infusion Pumps Market Revenues, 2010 – 2018 (USD Million)
FIG. 12 Global Spinal Cord Stimulator Devices Market Revenues, 2010 – 2018 (USD Million)
FIG. 13 Global Deep Brain Stimulator Devices Market Revenues, 2010 – 2018 (USD Million)
FIG. 14 Global Sacral Neurostimulator Devices Market Revenues, 2010 – 2018 (USD Million)
FIG. 15 North America Pain Management Devices Market Revenues, 2010 – 2018 (USD Million)
FIG. 16 Understanding Chronic Pain Of Europe
FIG. 17 Europe Pain Management Devices Market Revenues, 2010 – 2018 (USD Million)
FIG. 18 Asia Pain Management Devices Market Revenues, 2010 – 2018 (USD Million)
FIG. 19 ROW Pain Management Devices Market Revenues, 2010 – 2018 (USD Million)
FIG. 20 Baxter International Inc., Annual Sales: 2010 – 2012 (USD Billion)
FIG. 21 B. Braun Melsungen AG, Annual Sales: 2010 – 2012 (USD Billion)
FIG. 22 Boston Scientific Corporation, Annual Sales: 2010– 2012 (USD Million)
FIG. 23 Johnson & Johnson, Annual Sales: 2010– 2012 (USD Million)
FIG. 24 Hospira Inc., Annual Sales: 2010 – 2012 (USD Billions)
FIG. 25 Kimberly Clark Corporation, Annual Sales: 2010 – 2012 (USD Million)
FIG. 26 Medtronic Inc., Annual Sales: 2010 – 2012 (USD Million)
FIG. 27 Smiths Medical, Annual Sales: 2010 – 2012 (USD Million)
FIG. 28 St. Jude Medical, Annual Sales: 2010 – 2012 (USD Million)
FIG. 29 Stryker Corporation, Annual Sales: 2010 – 2012 (USD Million)

List of Tables

TABLE 1 Global Pain Management Devices Market: Snapshot (2011 & 2018)
TABLE 2 Global Pain Management Devices Market Revenues, by Types, 2010 – 2018 (USD Million)
TABLE 3 Global Electrical Stimulator Devices Market, by Types, 2010 – 2018 (USD Million)
TABLE 4 Global Electrical Stimulator Devices Market, by Geography, 2010 – 2018 (USD Million)
TABLE 5 U.S. Patient Population, by Types of Disease Conditions, 2011

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Free Market Analysis




Increased technological advances in the pain management sector have triggered the growth of the pain management devices market. Pain management devices comprise a variety of instruments such as electrical stimulators, analgesic pumps, radiofrequency ablation and neurostimulation devices. Absence of efficient analgesic drugs coupled with rise of chronic diseases such as cancer, arthritis and diabetes have proven to be growth incentives for this segment. In addition, reoccurrence of pain after few years of surgery has compelled the patient population to opt for easy to use minimally invasive devices such as implantable analgesic pumps or neurostimulators. Moreover, companies in this sector are collaboratively working towards introduction of innovative products which would satisfy the unmet needs of patients. Limitations like miniaturization, achievement of read out time and cost efficiency are being worked on by all the major players of this market. 

Radiofrequency (RF) ablation technology has proven to be beneficial for pain management and engages the ablation of the nerves of affected tissues. Heat generated by the radiofrequency ablator destroys the nerves and thus blocks the passage of pain signals to the brain. RF ablation is performed after all other methods such as nerve blocks, epidural steroid administration, and facet joint injection, have been tried and failed to deliver relief from pain. Lumbar and cervical radiofrequency ablations are the mostly commonly performed procedures in pain management. The market for radiofrequency pain ablation technology for pain management was valued to be USD 287.0 million in year 2011 and is expected to have the highest growth. 

Neurostimulator devices use mild frequencies of currents to block the passage of pain signals. This device is an implantable device and comprise of components including a generator, catheter (leads), and programmer. The generator is implanted under the skin of the abdomen or sacrum whereas the catheter is a thin wire which is implanted in the epidural space. The global market for neurostimulation devices for pain management was valued to be USD 1,017.6 million in 2011 and is anticipated to have a healthy growth in the coming years of forecast.
Geographically, the North American region constituted the largest market for pain management devices in year 2011; however, Asia is predicted to foresee highest growth rate of 21.7% from 2012 to 2018. This growth has been attributed to increase in disease awareness and rising disposable incomes. In addition the Asian region has been predicted to have the highest incidence rates of cancer and diabetes by 2020, by the World Health Organization. Favorable reimbursement policies and research funding by governments in the region will also provide the required impetus for the growth of the market.

The pain management devices market is predominantly an oligopolistic one and is ruled by players such as Medtronic Inc, St.Jude Medical, Boston Scientific, Kimberly Clark and others.

global-pain-management-devices-market-by-product-types-2011
 

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