Chronic Pain Management Market Research Report: By Product (Drugs, Devices), By Indication (Arthritis Pain, Neuropathic Pain, Chronic Back Pain, Cancer Pain), By Application (Musculoskeletal, Neuropathy, Oncology) and End-User - Forecast to 2032
Report Description
The global Chronic Pain Management Market size is estimated at USD 65.11 billion in 2020, expanding at a CAGR of 7.2% from 2021-2027 to reach 104.5 billion USD in 2027.
Market Dynamics
The chronic pain management sector is flourishing as a result of increased government funding for chronic pain management, an aging society, and an increase in the frequency of chronic health disorders. Because of the ongoing COVID-19 outbreak, governments in a number of nations have prohibited key human operations in order to slow the disease's growth. In this environment, chronic pain management medicine and device makers are functioning through internet sites, but they are still suffering a problem as a result of certain regulatory laws, which is potentially restricting the expansion of the chronic pain management market.
Furthermore, the rising incidence of chronic illnesses such as cancer, diabetes neuropathic, and osteoarthritis drives market expansion. Moreover, an increase in the frequency of surgical operations, as well as an increase in healthcare spending, are likely to drive the development of the pain control pharmaceuticals market. Nevertheless, drug trafficking, the expiry of prescriptions pain medicine drug patents, and the accessibility of replacements such as pain treatment devices limit market development.
Segment Insights
The Chronic Pain Management market is fragmented into the Product, application, system, and End-User segments. Based on the end-user, the major end consumers of chronic pain management solutions are hospitals. Pain management strategies are becoming increasingly common in hospitals, especially for comment discomfort. As a result of the increasing number of medical operations performed throughout the globe, hospitals are likely to remain the biggest end-user segment in the worldwide chronic pain management market. Based on application, the musculoskeletal segment maintained the biggest proportion of the chronic pain management market throughout the historical period. This was due to an increase in the levels of obesity, hypertension, and other chronic disorders. Furthermore, increased musculoskeletal disorders, as well as an older population, are predicted to result in the continuous growth of this sector in the future years.
Regional Insights
North America has historically supplied the most income to the chronic illness treatment industry, owing to the high incidence of chronic illnesses and rising knowledge of the problem, a large variety of clinical pain management centers, and widespread use of quasi pain control solutions. During the projected period, the Asia chronic pain management market is predicted to develop the quickest. The fast rise in the employed populace and the explosion in the elderly population are the primary drivers of regional industrialization.
Key Players Insights
Eli Lilly & Company, Novartis AG, Abbott Laboratories, Johnson & Johnson, Purdue Pharma L.P., Endo Health Solutions, Inc., Pfizer, Inc., Merck & Co. Inc., Mylan NV., and GlaxoSmithKline Plc are among the market's prominent players. WEX Pharmaceuticals, Allergen Inc., Valeant Pharmaceuticals Inc, Bristol-Myers Squibb, Boehringer Ingelheim, Bayer AG, Sorrento Therapeutics, and Zynerba Pharmaceuticals are among the other major actors in the supply chain.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Chronic Pain Managements by Product, region, Indication, End-User and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- SANOFI S.A
- Becton, Dickinson and Company
- Advanced Card End-Users Holdings Limited
- Bristol-Myers Squibb Company
- Cubic Transportation End-Users, Inc.
- AstraZeneca plc
- Johnson & Johnson
- Novartis AG
- Boston Scientific Corporation
- Abbott Laboratories
- Pfizer Inc.
- Medtronic plc.
- GlaxoSmithKline plc.
- Eli Lilly and Company
Product Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Drugs
- Devices
Indication Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Arthritis Pain
- Neuropathic Pain
- Chronic Back Pain
- Cancer Pain
End-User Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Clinics
- Hospitals
- Nursing Homes
- Research Centers & Universities
Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Neuropathy
- Musculoskeletal
- Oncology
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
TABLE OF CONTENT
1. Chronic Pain Management Market Overview
1.1. Product Overview and Scope of Chronic Pain Management
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Chronic Pain Management Market Size Growth Rate Analysis by Product 2020 VS 2027
1.3.1. Drugs
1.3.2. Devices
1.4. Global Chronic Pain Management Consumption Comparison by Indication: 2020 VS 2027
1.4.1. Arthritis Pain
1.4.2. Neuropathic Pain
1.4.3. Chronic Back Pain
1.4.4. Cancer Pain
1.5. Global Chronic Pain Management Consumption Comparison by Application: 2020 VS 2027
1.5.1. Neuropathy
1.5.2. Musculoskeletal
1.5.3. Oncology
1.6. Global Chronic Pain Management Consumption Comparison by End-User: 2020 VS 2027
1.6.1. Clinics
1.6.2. Hospitals
1.6.3. Nursing Homes
1.6.4. Research Centers & Universities
1.7. Global Chronic Pain Management Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.7.1. North America Chronic Pain Management Estimates
1.7.2. Europe Chronic Pain Management Estimates
1.7.3. China Chronic Pain Management Estimates
1.7.4. Japan Chronic Pain Management Estimates
2. Market Competition by Manufacturers
2.1. Global Chronic Pain Management Revenue Market Share by Manufacturers (2020)
2.2. Chronic Pain Management Market Share by Company Product (Tier 1, Tier 2 and Tier 3)
2.3. Global Chronic Pain Management Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Chronic Pain Management Production Sites, Area Served, Product Types
2.5. Chronic Pain Management Market Competitive Situation and Trends
2.5.1. Chronic Pain Management Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Chronic Pain Management Consumption by Region (2016-2021)
3.1. Global Chronic Pain Management Consumption by Region
3.2. Global Chronic Pain Management Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Chronic Pain Management Consumption Growth Rate (2016-2021)
3.2.3. North America Chronic Pain Management Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Chronic Pain Management Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Chronic Pain Management Consumption Growth Rate (2016-2021)
3.2.7. Europe Chronic Pain Management Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Chronic Pain Management Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Chronic Pain Management Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Chronic Pain Management Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Chronic Pain Management Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Chronic Pain Management Consumption Growth Rate (2016-2021)
3.2.15. South America Chronic Pain Management Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America Chronic Pain Management Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Chronic Pain Management Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Chronic Pain Management Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Chronic Pain Management Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Chronic Pain Management Consumption by Product (2016-2021)
4.1. Global Chronic Pain Management Price by Product (2016-2021)
4.2. Global Chronic Pain Management Revenue Market Share by Product (2016-2021)
4.2.1. Drugs
4.2.2. Devices
5. Global Chronic Pain Management Consumption by Indication (2016-2021)
5.1. Global Chronic Pain Management Price by Indication (2016-2021)
5.2. Global Chronic Pain Management Revenue Market Share by Indication (2016-2021)
5.2.1. Arthritis Pain
5.2.2. Neuropathic Pain
5.2.3. Chronic Back Pain
5.2.4. Cancer Pain
6. Global Chronic Pain Management Consumption by Application (2016-2021)
6.1. Global Chronic Pain Management Price by Application (2016-2021)
6.2. Global Chronic Pain Management Revenue Market Share by Application (2016-2021)
6.2.1. Neuropathy
6.2.2. Musculoskeletal
6.2.3. Oncology
7. Global Chronic Pain Management Consumption by End-User (2016-2021)
7.1. Global Chronic Pain Management Price by End-User (2016-2021)
7.2. Global Chronic Pain Management Revenue Market Share by End-User (2016-2021)
7.2.1. Clinics
7.2.2. Hospitals
7.2.3. Nursing Homes
7.2.4. Research Centers & Universities
8. Key Companies Profiled
8.1. SANOFI S.A
8.1.1. SANOFI S.A Chronic Pain Management Corporation Information
8.1.2. SANOFI S.A Chronic Pain Management Product Portfolio
8.1.3. SANOFI S.A Chronic Pain Management Consumption, Price and Gross Margin (2016-2021)
8.1.4. SANOFI S.A Main Business and Markets Served
8.1.5. SANOFI S.A Recent Developments/Updates
8.2. Becton, Dickinson and Company
8.3. Advanced Card End-Users Holdings Limited
8.4. Bristol-Myers Squibb Company
8.5. Cubic Transportation End-Users, Inc.
8.6. AstraZeneca plc
8.7. Johnson & Johnson
8.8. Novartis AG
8.9. Boston Scientific Corporation
8.10. Abbott Laboratories
8.11. Pfizer Inc.
8.12. Medtronic plc.
8.13. GlaxoSmithKline plc.
8.14. Eli Lilly and Company
9. Marketing Channel, Distributors and Customers
9.1. Marketing Channel
9.2. Chronic Pain Management Distributors List
9.3. Chronic Pain Management Customers
10. Market Dynamics
10.1. Chronic Pain Management Industry Trends
10.2. Chronic Pain Management Growth Drivers
10.3. Chronic Pain Management Market Challenges
10.4. Chronic Pain Management Market Restraints
11. Global Chronic Pain Management Consumption and Demand Forecast, by Region (2022-2027)
11.1. Global Forecasted Demand Analysis of Chronic Pain Management, by Regions and Country
11.1.1. North America Forecasted Consumption of Chronic Pain Management by Country
11.1.2. Europe Market Forecasted Consumption of Chronic Pain Management by Country
11.1.3. Asia Pacific Market Forecasted Consumption of Chronic Pain Management by Region
11.1.4. Latin America Forecasted Consumption of Chronic Pain Management by Country
11.1.5. Middle East and Africa Forecasted Consumption of Chronic Pain Management by Country
12. Global Chronic Pain Management Consumption and Demand Forecast, by Application Segments (2022-2027)
12.1. Global Forecasted Consumption of Chronic Pain Management by Application Segments (2022-2027)
12.2. Global Consumption and Price Forecast by Application Segments (2022-2027)
12.3. Global Forecasted Growth Rate of Chronic Pain Management by Application Segments (2022-2027)
13. Global Chronic Pain Management Consumption and Demand Forecast, by End-User Segments (2022-2027)
13.1. Global Forecasted Consumption of Chronic Pain Management by End-User Segments (2022-2027)
13.2. Global Consumption and Price Forecast by End-User Segments (2022-2027)
13.3. Global Forecasted Growth Rate of Chronic Pain Management by End-User Segments (2022-2027)
14. Global Chronic Pain Management Consumption and Demand Forecast, by Indication Segments (2022-2027)
14.1. Global Forecasted Consumption of Chronic Pain Management by Indication Segments (2022-2027)
14.2. Global Consumption and Price Forecast by Indication Segments (2022-2027)
14.3. Global Forecasted Growth Rate of Chronic Pain Management by Indication Segments (2022-2027)
15. Global Chronic Pain Management Consumption and Demand Forecast, by Product Segments (2022-2027)
15.1. Global Forecasted Consumption of Chronic Pain Management by Product Segments (2022-2027)
15.2. Global Consumption and Price Forecast by Product Segments (2022-2027)
15.3. Global Forecasted Growth Rate of Chronic Pain Management by Product Segments (2022-2027)
16. Research Finding and Conclusion
17. Methodology and Data Source
17.1. Methodology/Research Approach
17.1.1. Research Programs/Product
17.1.2. Market Size Estimation
17.1.3. Market Breakdown and Data Triangulation
17.2. Data Source
17.2.1. Secondary Sources
17.2.2. Primary Sources
17.3. Author List
17.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
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