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Pain Management Devices Market to Garner $6.77 Bn, Globally, by 2026 at 6.7% CAGR, Says Allied Market Research

Increase in prevalence of chronic disease, rise in geriatric population, and surge in adoption of pain management devices drive the growth of the global pain management devices marketPORTLAND, Oregon, Feb. 6, 2020 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Pain Management Devices Market by Product (Neuromodulation & Neurostimulation Devices, Analgesic Infusion Pumps, and Ablation Devices) and Application (Neuropathic Pain, Cancer Pain, Facial & Migraine Pain, Musculoskeletal Pain, and Others): Global Opportunity Analysis and Industry Forecast, 2019a??2026". According to the report, the global pain management devices industry accounted for $4.01 billion in 2018, and is anticipated to reach $6.77 billion by 2026, registering a CAGR of 6.7% from 2019 to 2026.Chief reasons for market fluctuationsRise in prevalence of chronic disease, surge in geriatric population, and increase in adoption of pain management devices drive the growth of the global pain management devices market. However, preferable use of medications for pain management hampers the market growth. On the contrary, growth opportunities in emerging markets are expected to create lucrative opportunities in the industry. Request Sample Report at:https://www.alliedmarketresearch.com/request-sample/169
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