Pain Management Devices Market Anticipated to Expand Rapidly with a CAGR of 8.1% through 2032
The global Pain Management Devices Market is witnessing significant growth, driven by technological advancements, the increasing prevalence of chronic pain, and a rising geriatric population. According to a recent report by Market.us, the market size is expected to reach USD 9.4 billion by 2032, up from USD 4.4 billion in 2022, growing at a CAGR of 8.1% during the forecast period from 2023 to 2032. Key growth factors include the rising incidence of chronic diseases such as arthritis, cancer, and diabetes, which require effective pain management solutions. Technological innovations, such as the development of neurostimulation devices, are also propelling market…
- Date: May 27, 2024
- Author: Robert Shaw
- Category: PharmiWeb