Albany, NY -- (SBWIRE) -- 11/30/2015 -- The report presents a comprehensive overview of the global pain management devices market. The drivers and restraints acting upon the market and dynamics shaping the market's competitive landscape are examined in great detail, highlighting the effect of these factors on the market's expected growth trajectory in the forecast period.

Forecasts are presented for each product and application segment of the global pain management devices market for the period from 2010 to 2018. This presents a detailed elaboration on the market's growth pattern, highlighting the segments expected to lead demand from the market.

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Market attractiveness analysis is performed for the benefit of pain management devices market players and potential investors. To that end, recommendations from industry experts are also part of the report, helping both entry-level and established market players consolidate their position in the market.

Overview of the global pain management devices market

The global pain management devices market is led primarily by the rising incidence of neuropathic pain, which can't be treated effectively by conventional pain medication. Increasing regulatory support to pain management devices, in the form of favorable reimbursement policies, is also boosting the global pain management devices market. Pain arising from chronic diseases such as diabetes and arthritis is also best combated with pain management devices rather than medication. Growing prevalence of such diseases also acts as a major growth driver for the pain management devices market.

Major product types in the global pain management devices market include electrical stimulators, analgesic infusion pumps, radiofrequency (RF) ablation, and neurostimulation devices. RF ablation leads the global market for pain management devices, due to its practicality and effectiveness. RF ablation reduces pain by deadening nerves in the affected area by application of heat. Treatment of spinal injuries, particularly lumbar and cervical injuries, is the most common application of RF ablation.

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Neurostimulation devices and analgesic infusion pumps are the rising products in the pain management devices market. This is due to the post-surgery benefits of these devices. Recurrence of pain after surgery can be easily averted by these devices.

Innovation of miniature pain management devices is the prevalent trend in the global pain management devices market. Miniaturization not only makes devices more portable and convenient to use, but also reduces the production cost. These benefits are driving R&D efforts into miniaturization of pain management devices.

Companies mentioned in the research report

The report includes a detailed overview of the operations of major companies in the global pain management devices market, including Baxter International Inc., Boston Scientific Corporation, B. Braun Melsungen AG, Kimberley-Clark, Stryker Corporation, and Medtronic Inc.

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