Pain management Market Developments, Future Plans and Comprehensive Research Study Till 2027 | COVID

Anand949526 Sep, 2022Health

According to Market Research Future (MRFR), the global pain management market is predicted to acquire market value of USD 5.81 billion, growing at a CAGR of 7.2% by 2023. The increasing demand for long-term pain management among the geriatric population is estimated to drive the global pain management market 2020. The growing number of patients battling chronic neuromuscular diseases, along with the increasing pain rehabilitation center, is projected to augment the market substantially in the forthcoming period. Further, the aftereffect of the pain medication and the large patent population base is further projected to escalate the market substantially. Besides, the development of novel pain management device and an established reimbursement schemes for spinal cord stimulation (SCS) in developed countries are anticipated to accelerate the market additionally. Moreover, the proven efficiency of pain management devices is recognized to be another crucial factor in driving the global mark