Market for Pain Management Products and Services Estimated at $19.6B

The market for pain management products and services has surged to $19.6 billion, according to a market analysis.

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The field is moving toward the use of more “procedures” and injections, and 78 percent of the patient caseload is handled by anesthesiologists, more of whom moved into pain therapy.

The market analysis suggests the field has grown due to an increasing need for these services: An estimated 17 million Americans currently suffer from chronic pain, migraines, cancer, arthritis, carpal tunnel syndrome and other pain conditions.

Read the market analysis about pain management.

Read other coverage about pain management:

Pain Management Fares Better Than Other Specialties in 2011 Physician Fee Schedule

Study Lists Main Causes of Analgesic Medication Errors

10 Established Best Practices for Increasing Spine Surgery Center Profits

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