Global Pain Relief Therapy Market - Industry Trends and Forecast to 2026

  • Medical Devices
  • May 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Pain Relief Therapy Market By Products (Prescription based products, OTC-based products {Pharmaceuticals, Medical Devices}), Mode of Purchase (Over-The-Counter, Prescribed), Application (Musculoskeletal Disorder, Sport Medicine, Post-operative, Post-trauma, Physical Therapy), End-User (Hospitals, Clinics, Ambulatory Centers, Physiotherapy Centers, Homecare Settings), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Pain Relief Therapy Market 

Global Pain Relief Therapy Market  is expected to rise from its initial estimated value of USD 1117.61 billion in 2016 to an estimated value of USD 1,849.63 billion by 2026, registering a CAGR of 6.5%in the forecast period of 2016-2026. Increasing investment on R&D is driving the growth of this market.

Market Definition: Global Pain Relief Therapy Market 

Pain is complex and its medication is of various types, natural pain may occur due to natural lifestyle changes, pain may occur due to several reasons eg; Injuries, chronic diseases.

Pain is an intensely unpleasant sensory nervous system’s mechanism to alert the brain that action must be taken as quickly as possible to protect the body from various symptoms.

Market Drivers

  • The advancements of large untapped markets, drug development in the developing economies are anticipated to provide new avenues for the industry growth in the near future.
  • Due to growing awareness about potential implications of prolonged use of pain treatment drugs, including reduced efficacy, risk of addiction and side effects is going to drive the market growth

Market Restraints

  • Potential restraints of the global pain relief market are skin irritation, burning sensation and allergic reactions due to over usage of pain relievers.

Segmentation: Global Pain Relief Therapy Market 

By Product Type

  •  Prescription based products
  •  OTC-based products

    • Pharmaceuticals
    • Medical Devices

By Mode of Purchase

  •  Over-The-Counter
  •  Prescribed

By Application

  •  Musculoskeletal Disorder
  •  Sport Medicine
  •  Post-operative
  •  Post-trauma
  •  Physical Therapy

By End user

  •  Hospitals
  •  Clinics
  •  Ambulatory Centers
  •  Physiotherapy Centers
  •  Homecare Settings

By Geography

  • North America

    • US.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In January 2019, Neurometrix has come up with AI +Neurotechnology  for chronic pain , Quell is a 100% drug-free system that uses strength nerve-stimulation technology to block chronic pain,  the Fitness, Sports and Biotech product category. Quell is been designed for multiple uses and sources of pain and has been shown in clinical studies to relieve from chronic pain.
  • In June 2018, In collaboration with Rutgers New Jersey Medical School, last March Cepheid released the Xpert MTB/RIF Ultra test to diagnose tuberculosis (TB) and resistance to rifampicin, a critical first-line TB drug. In a World Health Organization (WHO) evaluation, the Ultra test showed better performance than Xpert MTB/RIF in detecting TB in difficult-to-diagnose and vulnerable populations, such as children and people living with HIV and in those with extra-pulmonary TB.

Competitive Analysis: Global Pain Relief Therapy Market 

Global pain relief therapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pain relief therapy market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Pain Relief Therapy Market 

Some of the major players operating in global pain relief therapy market are Johnson & Johnson Services, Inc., Eli Lilly & Company, Merck & Co. Inc., Pfizer, Inc., Abbott, F. Hoffmann La Roche Ltd., DJO, LLC, Breg, Inc., Beiersdorf AG, Medline Industries, Inc., 3M, Sanofi, ROHTO Pharmaceutical Co., Ltd., Össur Americas, Hisamitsu Pharmaceutical Co., Inc., Calmar Pain Relief, LLC, UltraCare PRO, Polar Products Inc., Agm Overseas, Stimwave LLC, Neurometrix, Niagara, Calmare Therapeutics Incorporated, Iskra Medical d.o.o., THERALASE Technologies Inc., Sombra Professional Therapy Products, Good Health Naturally, Endo Pharmaceuticals Inc., BioElectronics Corporation, HYH, Danaher, ALLERGAN, Purdue Pharma among others

Research Methodology: Global Pain Relief Therapy Market 

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

  • Current and future of global pain relief therapy market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

SKU-

Please fill in the below form for detailed Table of Content

Please fill in the below form for detailed List of Table

Please fill in the below form for detailed List of Figure

CHOOSE LICENCE TYPE
  • 7000.00     
  • 4800.00     
  • 3000.00     
  • 8000.00     
  • 12000.00     
BUY NOW ADD TO CART