The North American pain management devices market is estimated to grow at a CAGR of more than 6.5% during the forecast period. The factors that are contributing to the market growth include increased R&D and high healthcare expenditure. The region has a well-developed healthcare infrastructure and a large number of biotech companies. North America is home to the largest companies in terms of revenue, which include Becton, Dickinson and Company, Baxter International Inc., Boston Scientific Corp., and others.
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The North America pain management devices market is segmented into the US and Canada. The US holds the highest market share in the North American market. The major share of the US market is attributed to the increasing prevalence of chronic diseases such as cancer. After the treatment of cancer, the patients experience cancer pain arise due to cancer therapy. This augments the demand for pain management devices to relieve the patients from suffering, which in turn fuel the market growth.
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Further, the North American pain management devices market is segmented on the basis of type and application. Based on type, the market is segmented into an analgesic infusion pump, ablation devices, and neurostimulators. Neurostimulators held the largest share in 2018. Neurostimulators can be used for the treatment of numerous conditions, such as post-surgical pain, Parkinson’s disease, low back pain, essential tremor and migraine, and muscle weakness.
Moreover, the report covers the analysis of several players operating in the North American pain management devices market. Some of the major players include Abbot Laboratories Inc., Baxter International Inc., Becton, Dickinson and Company, BioElectronics Corp., Boston Scientific Corp., and others.
North American Pain Management Devices Market by Type
Analgesic Infusion Pumps
North American Pain Management Devices Market by Application
Facial and Migraine Pain
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