Interventional Pain Management Market

The sedentary lifestyle of the population and other major driving factors is expected to favour the rise in the global interventional pain management market

 

Reports and Insights has published a new report titled, “Interventional Pain Management Market: Opportunity Analysis and Future Assessment 2020-2028

Global Interventional Pain Management Market, By Technique (Pain Management Injection (Epidural Steroid Injections, Facet Joint Injections, Medial Branch Blocks, Nerve Blocks, Sacroiliac Injections, Trigger Point Injections, Others), Radiofrequency Ablation, Spinal Cord Stimulation, Others), By Application (Back and Neck Pain, Diabetic Neuropathy, Cancer Pain, Foot and Ankle Pain, Joint Pain, Muscle Pain and Spasm, Post-Injury Pain, Shingles Pain, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.

The global interventional pain management market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.

Interventional pain management comprises several techniques which are majorly employed to lessen the chronic pain of the patients and enhance the quality of life. The interventional pain management consists of the minimally invasive treatments that are used for patients who possibly have seeked other therapies that have not been successful or worked effectively.

Chronic pain can be understood as pain that continues for more than 12 weeks in spite of medication or other treatments. The majority of the patients are suffering from arthritis or other musculoskeletal conditions, such as ankylosing spondylitis or gout. As per the recent reports, the proportion of people aged between 16 to 34 are suffering from what medical professionals claim high-impact chronic pain, which is so acute that it makes them struggling to work and carry out their routine activities, interact socially and look after themselves without help – upraised tremendously over the years from 21% to 34%. Such factors are majorly projected to offer significant growth to the global interventional pain management market in the following years.

The poor and sluggish lifestyle of the population, in the present times, along with their desk-bound jobs and almost zero physical activities is further boosting the incidence of chronic pain among the young individuals, ultimately expected to propel the market growth over the forthcoming years.

Moreover, the growing prevalence of chronic pain among geriatric population all around the world is further estimated to offer lucrative opportunities to the interventional pain management market in the coming years.

Reports and Insights Study identifies some of the key participating players in the interventional pain management market globally are Ipsen group, Allergan Plc., Medytox Inc., Merz GmbH, Medtronic Plc., Boston Scientific Corporation, and St. Jude Medical, Inc., among others.

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