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Published Date: 2015-12-21Number of Pages: 102

Pain Management Devices Market (Product Type and Application) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Pain can be controlled with the use of electrical currents, analgesic pumps, radiofrequency ablation or minimally invasive procedures such as neurostimulation. Pain management devices comprise various therapeutic products used to relieve pain. The stakeholders of this market report comprise established original equipment manufacturers, product distributors, and new players who wish to enter the global pain management devices market. 

This report provides a complete analysis of the global pain management devices market and helps in recognizing several governing factors that impact the market both positively and negatively. Executive summary of the report captures comprehensive insights about every segment considered in this study. It includes a market snapshot offering an insight into the current scenario of the pain management devices market in terms of current and future market size along with growth rate. 

The market overview segment provides thorough information on the trends in the usage pattern of various products for pain management, such as drivers, restraints, and growth opportunities that presently regulate the dynamics of the overall market. Competitive analysis tools such as Porter’s Five Forces analysis and market attractiveness analysis have also been incorporated in this study to provide analysis about the level of competition within the pain management devices market. Competitive intelligence tools such as market attractiveness analysis have also been included in the market overview section of the report to deliver a clear understanding of the most attractive and fastest growing region globally for pain management devices. Market share analysis thus provided in this study is in context with major players of pain management device operating in the market; this would help new players to understand the key business models and geographical presence and identify the specific product lines of existing companies to establish a strong presence in the pain management devices market. 

The global pain management devices market has been segmented based on various product type used across various geographies, application, and geographies. Based on product type the market has been categorized into electrical stimulation devices (ESDs), radiofrequency ablation devices, analgesic infusion pumps, and neurostimulation devices. ESDs are further segmented into transcutaneous electrical nerve stimulation (TENS) devices, neuromuscular electrical stimulation (NMES/EMS) devices, and other electrical stimulation devices (electrotherapy devices, combination devices, TNS, TMS, etc.). Analgesic infusion pumps are further segmented into intrathecal infusion pumps and external infusion pumps. Similarly, neurostimulation devices are segmented into spinal cord stimulation (SCS) devices, deep brain stimulation devices, vagus nerve stimulation devices, and sacral nerve stimulation devices. Based on application the electrical stimulation devices market has been segmented into neuropathic pain, cancer pain, facial & migraine pain, musculoskeletal pain, and trauma. Neurostimulation devices market is segmented neuropathic pain, cancer pain, facial & migraine pain, and musculoskeletal pain. Analgesic infusion pumps market is segmented into neuropathic pain, cancer pain, musculoskeletal pain, and trauma. Similarly, by application areas, radiofrequency ablation devices market is segmented into neuropathic pain, cancer pain, and musculoskeletal pain. The market size for the period from 2013 to 2023 has been provided for each of the product and application categories mentioned above in terms of US$ Mn. Along with the market size that was projected considering 2014 as the base year and 2013 as the historical year, the CAGR (%) of each market segment for the forecast period from 2015 to 2023 has also been provided. 

Geographically, the pain management devices market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East & North Africa, and Rest of the World. North America has been further segmented into the U.S. and Canada; Europe into Germany, the U.K. and Rest of Europe; Asia Pacific into Japan, China, Australia, and Rest of Asia Pacific; Latin America into Brazil and Rest of Latin America; Middle East & North Africa (MENA) into Egypt, Saudi Arabia, and rest of MENA; and Rest of the world. The market revenue of pain management devices for each geographical region for 2014 and 2023 along with forecast from 2015 to 2023 in respective regions in terms of USD million, has been explained in the geography section of the report.

This market study concludes with profiles of key players in the global pain management devices market. The report summarizes the companies in terms of overview, financial overview, product and services portfolio, key business strategies, and recent developments. The major players profiled in the section are Baxter International Inc., Bio-Medical Research (BMR) Ltd., Boston Scientific Corporation, Codman & Shurtleff, Inc., DJO Global, Inc., Halyard Health, Hospira, Inc., Medtronic plc, St. Jude Medical, Smiths Medical, and Stryker Corporation 

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

Pain Management Devices Market, by Product Type

  • Electrical Stimulation Devices
    • Transcutaneous Electrical Nerve Stimulation (TENS) Devices
    • Neuromuscular Electrical Stimulation (NMES/EMS) Devices
    • Other Electrical Stimulation Devices (Electrotherapy Devices, Combination Devices, TNS, TMS, etc.)
  • Radiofrequency Ablation Devices
  • Analgesic Infusion Pumps
    • Intrathecal Infusion Pumps
    • External Infusion Pumps
  • Neurostimulation Devices
    • Spinal Cord Stimulation (SCS) Devices
    • Deep Brain Stimulation Devices
    • Vagus Nerve Stimulation Devices
    • Sacral Nerve Stimulation Devices

Pain Management Devices Market, by Application

  • Electrical Stimulation Devices Market, by Application
    • Neuropathic Pain
    • Cancer pain
    • Facial & Migraine Pain
    • Musculoskeletal Pain
    • Trauma
  • Neurostimulation Devices Market, by Application
    • Neuropathic Pain
    • Cancer pain
    • Facial & Migraine Pain
    • Musculoskeletal Pain
  • Analgesic Infusion Pump Market, by Application
    • Neuropathic Pain
    • Cancer pain
    • Trauma
    • Musculoskeletal Pain
  • Radiofrequency Ablation Devices, by Application
    • Neuropathic Pain
    • Cancer pain
    • Musculoskeletal Pain

Pain Management Devices Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & North Africa (MENA)
    • Egypt
    • Saudi Arabia
    • Rest of MENA
  • Rest of the World (RoW)


Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.4 Research Methodology: Assumptions

Chapter 2 Executive Summary
2.1 Global Pain Management Devices Market, Estimates and Forecast, By Revenue, 2013–2023 (US$ Mn)
2.2 Global Pain Management Devices Market, by Product Type, 2014 (US$ Mn)
2.3 Global Electrical Stimulation Devices Market, by Application, 2014 (US$ Mn)
2.4 Global Market Share by Geography, 2014 and 2023 (Value %)
2.5 Pain Management Devices Market Snapshot

Chapter 3 Pain Management Devices Market Overview
3.1 Introduction
3.2 Market Drivers
     3.2.1 Driver 1 - Rising prevalence of chronic medical conditions
     3.2.2 Driver 2 - Changing patient pool demographics and increasing geriatric population
            3.2.2.1 Percentage of Population (for U.S., China, Japan, and India) over the age of 65: 1980–2050 
     3.2.3 Driver 3 - Commercialization of technologically advance therapeutic products
     3.2.4 Driver 4 - Encouraging reimbursement policies
3.3 Restraints
     3.3.1 Restraint 1 - Risks associated with neurostimulation implant procedures 
     3.3.2 Restraint 2 - Implementation of the Affordable Care Act and medical device tax
3.4 Opportunities
     3.4.1 Opportunity 1 - Disposable income and growing patient pool in emerging markets
     3.4.2 Opportunity 2 - Increased government preference toward reduced hospital stay
3.5 Porter’s Five Forces Analysis
3.6 Company Market Share - Pain Management Devices Market (2014) (%) 
3.7 Market Attractiveness Analysis - Pain Management Devices Market
3.8 Overview of Pain

Chapter 4 Market Segmentation – By Product Type
4.1 Introduction
     4.1.1 Global Pain Management Devices Market, by Product Type, 2013–2023 (US$ Mn)
4.2 Global Electrical Stimulation Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.2.1 Global TENS Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.2.2 Global NMES/EMS Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.2.3 Global Other ESDs for Pain Management Market Revenue, 2013–2023 (US$ Mn)
4.3 Global Radiofrequency Ablation Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
4.4 Global Analgesic Infusion Pumps Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.4.1 Global Intrathecal Infusion Pumps for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.4.2 Global External Infusion Pumps for Pain Management Market Revenue, 2013–2023 (US$ Mn)
4.5 Global Neurostimulation Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.5.1 Global SCS Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.5.2 Global DBS Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.5.3 Global VNS Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)
     4.5.4 Global SNS Devices for Pain Management Market Revenue, 2013–2023 (US$ Mn)

Chapter 5 Market Segmentation - By Application
5.1 Introduction
5.2 Global Electrical Stimulation Devices Market Revenue, by Application, 2013–2023 (US$ Mn)
5.3 Global Neurostimulation Devices Market Revenue, by Application, 2013–2023 (US$ Mn)
5.4 Global Analgesic Infusion Pumps Market Revenue, by Application, 2013–2023 (US$ Mn)
5.5 Global Radiofrequency Ablation Devices Market Revenue, by Application, 2013–2023 (US$ Mn)

Chapter 6 Market Segmentation - By Region
6.1 Overview
     6.1.1 Global Pain Management Devices Market Revenue, by Geography, 2013–2023 (US$ Mn)
6.2 North America Pain Management Devices Market Revenue, by Country, 2013–2023 (US$ Mn)
     6.2.1 U.S. Pain Management Devices Market Revenue, by Product Type, 2013–2023 (US$ Mn)
            6.2.1.1 U.S. Electrical Stimulation Devices Market Revenue, 2013–2023 (US$ Mn)
                     6.2.1.1.1 U.S. TENS Devices Market Revenue, by Anatomical Application, 2013–2023 (US$ Mn)
6.3 Europe Pain Management Devices Market Revenue, by Country, 2013–2023 (US$ Mn)
6.4 APAC Pain Management Devices Market Revenue,  by Country, 2013–2023 (US$ Mn)
6.5 Latin America Pain Management Devices Market Revenue, by Country, 2013–2023 (US$ Mn)
6.6 MENA Pain Management Devices Market Revenue, by Country, 2013–2023 (US$ Mn)
6.7 RoW Pain Management Devices Market Revenue, 2013–2023 (US$ Mn)

Chapter 7  Recommendations

Chapter 8 Company Profiles
8.1 Baxter International, Inc.
8.2 Bio-Medical Research (BMR) Ltd.
8.3 Boston Scientific Corporation
8.4 Codman & Shurtleff, Inc.
8.5 DJO Global, Inc.
8.6 Halyard Health
8.7 Hospira, Inc. (a subsidiary of Pfizer, Inc.)
8.8 Medtronic plc
8.9 St. Jude Medical
8.10 Smiths Medical 
8.11 Stryker Corporation

Pain management devices comprise various therapeutic products used to relieve pain. These devices are advantageous for long-term treatment of pain, especially for chronic conditions such as cancer and arthritis. Pain can be controlled with the use of electrical currents, analgesic pumps, radiofrequency ablation or minimally invasive procedures such as neurostimulation. Key elements such as increasing geriatric population, escalating prevalence of chronic medical conditions, introduction of novel technologies are driving the growth of the global pain management devices market. However, certain factors such as risks associated with implant procedures, and implementation of Affordable Care Act might pull back the growth of pain management devices market.

Based on device type, the global pain management devices market has been segmented into electrical stimulation devices (ESDs), radiofrequency ablation devices, analgesic infusion pumps, neurostimulation devices. ESDs are further segmented into transcutaneous electrical nerve stimulation (TENS) devices, neuromuscular electrical stimulation (NMES/EMS) devices, and other electrical stimulation devices (electrotherapy devices, combination devices, TNS, TMS, etc.). Analgesic infusion pumps are further segmented into intrathecal infusion pumps and external infusion pumps. Similarly, neurostimulation devices are categorized into spinal cord stimulation (SCS) devices, deep brain stimulation devices, vagus nerve stimulation devices, and sacral nerve stimulation devices. Neurostimulation devices segment dominated the market in 2014 due to increasing number of DBS and SCS devices implantation in patients suffering from  chronic pain of limbs or trunk, which includes pain associated with lower back, or legs, post-back surgery syndrome, increasing base of patients suffering from neuropathic pain. However, the vagus nerve stimulation (VNS) devices segment is expected to grow at the fastest CAGR of over 8% during the forecast period.

The application segment in the pain management devices market has been categorized by the application areas of various devices. Thus, the electrical stimulation devices market is segmented into neuropathic pain, cancer pain, facial & migraine pain, musculoskeletal pain, and trauma. Neurostimulation devices market is segmented neuropathic pain, cancer pain, facial & migraine pain, and musculoskeletal pain. Analgesic infusion pumps market is segmented into neuropathic pain, cancer pain, musculoskeletal pain, and trauma. Similarly, by application areas, radiofrequency ablation devices market is segmented into neuropathic pain, cancer pain, and musculoskeletal pain. The musculoskeletal pain and neuropathic pain application sub-segments dominated the individual product segments. For example, the musculoskeletal pain application sub-segment of the electrical stimulation devices segment is projected to expand at a high CAGR of over 7% during the forecast period. 

Geographically, North America accounted for the largest share of the global pain management devices market in 2014. Elements attributed to the dominant position of North America in pain management devices market are rising incidence of pain indications among geriatric population, increasing number of sports related injuries, neuromuscular disease, and other co-morbid conditions, growing prevalence of lifestyle-related diseases, and increased access to health care. However, Asia Pacific is projected to witness the fastest and highest growth during the forecast period. Key elements such as rising disposable income among population in various emerging countries, phenomenally increasing base of aging patient population, and higher demand for technologically advanced medical products would heighten the growth of pain management devices market in Asia Pacific. Among all the countries, Japan is the major market for pain management devices in Asia Pacific. Factors such as large population of disabled people, large geriatric population, increase in chronic illnesses, and significant rise in health care spending would boost the growth of the pain management market in Japan.

The global pain management devices market is highly dynamic and competitive. The major companies currently operating in the pain management devices market are Baxter International Inc., Bio-Medical Research (BMR) Ltd., Boston Scientific Corporation, Codman & Shurtleff, Inc., DJO Global, Inc., Halyard Health, Hospira, Inc., Medtronic plc, St. Jude Medical, Smiths Medical, and Stryker Corporation. Superior distribution channels, easy commercial availability of products, and ample supply competencies are the other key factors that play an important role in determining the market position of these players.

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