#Pain #Management #Market #Size #Worth #USD #Million
New York, USA, Oct. 12, 2022 (GLOBE NEWSWIRE) — Pain Management Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Pain Management Market Information By Product, Form, Category, Distribution Channel, and Region – Forecast till 2027“, the market is estimated to rise upon to enlist a CAGR of 4.50% during the estimated time of 2020–2027 and the market may reach USD 85,300 Million by 2027.
Pain Management Market Synopsis
Pain is an uncomfortable sensory and emotional experience that follows tissue injury or illness. Additionally, several illnesses can be uncomfortable, including cancer, multiple sclerosis, osteoarthritis, stomach ulcers, chronic arthritis, fibromyalgia, and chronic gout. Acute pain might last for a short while, while chronic pain can last very long. Acute pain might be modest, barely last a split second, and can last for days, weeks, or even months. Injuries, damaged nerves, and aging bone and joint disorders are the main causes of chronic pain. To combat the market’s addiction to opioids and some well-known painkillers, more non-opioid therapies are being used over time.
Several non-opioid medications with mechanisms of action are either in the early phases of development or have already been developed. The regulatory agencies in many nations are switching to alternative methods, hastening the approval of those products for the market. The change is predicted to occur gradually. As a result, the field of pain management offers promising growth potential over the projection period.
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Report Scope:
Report Attribute | Details |
Market Size in 2027 | USD 85300 Million |
CAGR | 4.5% |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Devices, Drugs, Indication, Mode of… |
Read on GNW: Pain Management Market Size Worth USD 85300 Million by 2027