Global Pain Management Devices Market to Reach $5B by 2018

The global pain management devices market, which was valued at USD $2 billion in 2011, is expected to grow to reach a market of USD $5 billion by 2018, according to a report by Transparency Market Research.

Other findings from the report include:

•    Geographically, the North American region constituted the largest market in 2011; however, Asia is predicted to foresee the highest growth rate from 2012 to 2018 at 21.7 percent.
•    The market for electrical stimulators was valued to be USD $208.7 million in 2011 and is expected to grow at a compound annual growth rate of 8.2 percent from 2012 to 2018.
•    The neurostimulation devices market is slated to grow at a compound annual growth rate of 15.2 percent from 2012 to 2018.

More Articles on Pain Management:

Dr. Ashish Udeshi Joins Florida Pain
Dr. Katherine Mason Joins Harrington HealthCare System
Dr. Zizette Gabriel Joins McDowell Pain Management

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