Published on : Jan 22, 2016
Leading players in the global pain management devices market are focusing on introducing wireless pain management devices that help manage chronic pain efficiently.
Recently in Singapore, one of the leading players in the pain management market introduced wireless pain management devices, which helped the people with chronic pain to better manage their condition. A wireless implantable chronic pain management device was designed and developed by a local biotechnology company in Singapore. People suffering from chronic pain, who need pain management services, can depend on neurostimulators, surgically implanted pain management equipment that triggers minimal electrical signals. These signals help to block the pain signals so as to restrict them to reach the brain. With such innovative pain management equipment, chronic pain can be better managed.
The introduction of innovative pain management devices for various health issues is expected to propel the global pain management devices market in the years to come. Local companies, manufacturing innovative pain management devices, in many countries are focusing on the growth of effective innovations that assure the delivery of value to the healthcare sector. Medical care units, hospitals, surgery centers, and private healthcare centers are largely adopting wireless pain management devices to manage various types of health issues.
Over the past few years, there has been an increase in the use of wireless pain management devices, which use electric currents and radio frequency to manage the pain. The introduction of new electrical stimulation devices, radiofrequency ablation devices, analgesic infusion pumps, and neurostimulation devices is expected to boost the demand for pain management devices across the globe in the years to come.
Factors Supporting Growth of Global Pain Management Devices Market
- Increasing applications of pain management devices will create new growth opportunities for the global pain management devices market in the next few years.
- Some of the applications of pain management devices are cancer pain, neuropathic pain, chronic pain, facial and migraine pain, trauma, and musculoskeletal pain.
- The increasing prevalence of chronic diseases and changes in the patient pool demographics are two of the major factors expected to drive the global pain management devices market in the next few years.
- Factors such as encouraging reimbursement policies and commercialization of technically advanced pain management devices are predicted to create growth opportunities in the global pain management devices in the next few years.