Healthcarenews23 Apr, 2024Business
According to a recent report the pain management devices market is projected to reach USD 3.3 billion by 2026, growing at a compound annual growth rate (CAGR) of 8.6%. This remarkable growth can be attributed to several key factors driving the market's expansion. Increasing Patient Population and Demand for Long-Term Pain Management The aging global population and the rising prevalence of conditions such as cancer, neurological disorders, and musculoskeletal issues have contributed to the growing demand for pain management devices. These devices offer long-term pain relief solutions, improving the quality of life for patients suffering from chronic pain.
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