Global Pain Management Drugs And Devices Market Report 2023 – Rising Demand For Minimally Invasive Pain Solutions – ResearchAndMarkets.com

The “Global Market for Pain Management Drugs and Devices” report has been added to ResearchAndMarkets.com’s providing.

The worldwide marketplace for ache administration medicine and gadgets was valued at $80.9 billion in 2022. The market is estimated to develop from $84.6 billion in 2023 at a compound annual progress price (CAGR) of 5.4% to achieve roughly $109.9 billion by the top of 2028. This report segments the worldwide market by product, software and area.

Ache impacts a lot of individuals throughout the globe. Ache administration medicine and gadgets assist to alleviate ache and enhance high quality of life. The rising prevalence of power and neurological problems and the rising geriatric inhabitants are creating many alternatives for gamers working on this market.

As well as, technological developments are serving as a vital issue within the ache administration medicine and gadgets market. Newer medical gadgets for ache administration are minimally invasive, extremely environment friendly and contain decrease restoration occasions for sufferers. Consequently, this research will present insights into upcoming traits within the ache administration medicine and gadgets market.

The report supplies detailed evaluation of the marketplace for ache administration medicine and gadgets. It highlights the present and future market potential of ache administration medicine and gadgets and provides an in depth evaluation of the market’s drivers, restraints and challenges. The report additionally covers market projections for 2028 and supplies market rankings for key market gamers. It additionally covers the aggressive atmosphere and regulatory panorama, and it particulars the market share of ache administration medicine and gadgets based mostly on product and software. Based mostly on merchandise, the worldwide ache administration medicine and gadgets market is segmented into prescribed drugs and medical gadgets. Based mostly on functions, the market is segmented into post-operative ache, neuropathic ache, most cancers ache, migraine/headache, musculoskeletal ache and different functions. The report contains firm profiles of the important thing gamers with detailed details about their enterprise segments, financials, product portfolios and up to date developments.

The market has been divided by geography into North America, Europe, Asia-Pacific and the Remainder of the world. The North American area includes international locations such because the U.S. and Canada; Europe contains international locations Germany, U.Okay., Italy, France and the Remainder of Europe; Asia-Pacific contains international locations China, India, Japan and the Remainder of Asia-Pacific. For market estimates, knowledge has been supplied for 2020 and 2021, which function the historic years; 2022 is the bottom 12 months; and forecast knowledge is given for 2028.

Here’s a comparability of a therapy for a illness (on this case, rheumatoid arthritis) that naturally relieves signs vs. a therapy for the reduction of the ache related to the illness –

  • Enbrel: Indicated for the therapy of moderate-to-severe rheumatoid arthritis.
  • Celebrex: Indicated for the therapy of the indicators and signs of osteoarthritis and rheumatoid arthritis and the administration of acute ache.

Key Report Highlights

  • An summary of the worldwide marketplace for ache administration medicine and gadgets
  • Estimates of the market dimension and analyses of world market traits with knowledge from 2020-2023, and projections of compound annual progress charges (CAGRs) by way of 2028
  • Evaluation of ache, historical past of ache and ache administration, and knowledge on bodily ache therapy modalities and psychological ache therapies.
  • Protection of rising applied sciences within the ache administration market, an evaluation of know-how advances in opioid medicine, in addition to in non-narcotic medicine, which has revolutionized ache administration by offering sensible options to opioids.
  • Evaluation of things driving the business’s progress, together with market alternatives and restraints
  • Examination of product classes, scientific trials, new regulatory necessities and related patents
  • Protection of market traits in undertreatment points, skilled points, managed care ache points, new therapies, product pipelines, generics, ache analysis and drug supply
  • Firm profiles of main gamers throughout the business, together with Abbott Laboratories, AbbVie Inc., Assertio Holdings Inc., Grunenthal GmbH, and Johnson & Johnson

Key Attributes:

Report Attribute Particulars
No. of Pages 171
Forecast Interval 2023 – 2028
Estimated Market Worth (USD) in 2023 $84.6 Billion
Forecasted Market Worth (USD) by 2028 $109.9 Billion
Compound Annual Progress Fee 5.4%
Areas Lined World 

 

Key Subjects Lined:

Market Breakdown by Product

  • Prescribed drugs
  • Narcotic Medicine
  • Non-narcotic Medicine
  • Antimigraine Medicine
  • Anesthesia Medicine
  • Different Medicine
  • Ache Administration Gadgets
  • Neurostimulation Gadgets
  • Infusion Pumps
  • Ablation Gadgets

Market Breakdown by Utility

  • Musculoskeletal Ache
  • Put up-operative Ache
  • Neuropathic Ache
  • Most cancers Ache
  • Migraine/Headache
  • Different Functions
  • HIV/AIDS
  • Burn Ache
  • Dental Ache

Market Breakdown by Area

ESG Improvement

  • Sustainability within the Ache Administration Medicine and Gadgets Trade: An ESG Perspective
  • Key ESG Points
  • ESG Rating
  • Client Attitudes towards ESG within the Marketplace for Ache Administration Medicine and Gadgets
  • Case Research

Rising Applied sciences

  • Know-how Developments in Opioid Medicine
  • Know-how Developments in Non-narcotic Medicine
  • Know-how Developments in Neuromodulation Gadgets
  • Know-how Developments in Infusion Pumps
  • Tendencies in Ache Administration
  • Pharmacogenomics
  • AI Ache Administration

Medical Trials and Patent Evaluation

  • Medical Trials Evaluation
    • Sort of Research
    • Standing
    • Part
    • Area
  • Overview of Patent Evaluation
    • 12 months
    • High-Rating Applicant
    • High-Rating Patent Holder
    • Jurisdiction

Aggressive Intelligence

  • Marketplace for Ache Administration Medicine
  • Marketplace for Ache Administration Medical Gadgets
  • Funding
  • Current Developments by Key Market Gamers

Firm Profiles

  • Abbott Laboratories
  • AbbVie Inc
  • Assertio Holdings
  • AstraZeneca
  • Boston Scientific
  • Eli Lilly
  • Endo Worldwide
  • Enovis
  • GlaxoSmithKline
  • Grunenthal
  • Johnson & Johnson
  • Medtronic
  • Novartis Worldwide
  • Vertex Prescribed drugs
  • Viatris

For extra details about this report go to https://www.researchandmarkets.com/r/7fzp6w

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