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industryinsightsandanalysis · 29 days

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Pain Management Devices Market Analysis and Forecast (2021-2027)

The global pain management devices market is anticipated to grow at a CAGR of approximately 8% from 2021 to 2027. This growth is driven by an increasing geriatric population, rising prevalence of chronic diseases, technological advancements in medical devices, and heightened awareness about pain management solutions.

Key Market Drivers:

1. Increasing Geriatric Population: The aging population is more prone to chronic diseases and pain, necessitating effective pain management solutions. For instance, the CDC reported that 5.8 million Americans were living with Alzheimer's disease in 2020, a number expected to nearly triple by 2060.

2. Prevalence of Chronic Diseases: Conditions such as arthritis and cancer, which are associated with significant pain, are on the rise. The CDC states that about 58.5 million U.S. adults have doctor-diagnosed arthritis.

3. Technological Advancements: Innovations in medical technology enhance the effectiveness and adoption of pain management devices. These advancements are pivotal in minimally invasive treatments, contributing to the growth of segments like RF ablation.

4. Rising Awareness: Increased awareness about the availability and benefits of pain management devices boosts market demand.

For a comprehensive analysis of the market drivers, visit: https://univdatos.com/report/pain-management-devices-market/

Market Segmentation:

1. By Product Type:

- Electrical Stimulators: Devices that use electrical currents to relieve pain.

- Radiofrequency (RF) Ablation: Expected to witness significant growth due to its minimally invasive nature and effectiveness in treating chronic pain.

- Analgesic Infusion Pumps: Deliver analgesic medications directly to the bloodstream.

- Neurostimulation: Use electrical impulses to interrupt pain signals to the brain.

- Others: Include various emerging pain management technologies.

2. By Application:

- Cancer: Accounts for a significant share due to the high incidence of cancer-related chronic pain. WHO reported nearly 10 million cancer-related deaths in 2020.

- Neuropathic Pain: Chronic pain resulting from nerve damage.

- Facial & Migraine Pain: Chronic headache and facial pain conditions.

- Musculoskeletal Disorders: Conditions affecting muscles, bones, and joints.

- Trauma: Pain resulting from injuries.

- Others: Other chronic pain conditions.

3. By End-User:

- Physiotherapy Centers: Specialize in physical rehabilitation and pain management.

- Hospitals & Clinics: Hold a significant share due to their comprehensive treatment capabilities and high patient influx.

- Others: Include home care settings and specialized pain clinics.

Regional Insights:

- North America: Dominates the market due to its advanced healthcare infrastructure and high healthcare spending. Canada's annual healthcare expenditure per person increased by about 9% from 2016 to 2019.

- Europe: Follows North America in market share, driven by high healthcare standards and investments.

- Asia-Pacific: Rapidly growing due to increasing healthcare access and expenditure.

- Rest of the World: Includes regions with developing healthcare systems but growing awareness and adoption of pain management devices.

Key Market Players:

Major players in the market include B Braun Melsungen AG, Baxter International Inc., Boston Scientific Corp., Nevro Corp., Enovis, OMRON Healthcare Inc., Medtronic plc, ICU Medical Inc., Abbott Laboratories, and Stryker Corporation. These companies are involved in mergers, acquisitions, and partnerships to enhance their product offerings and market reach.

For a sample report, visit https://univdatos.com/get-a-free-sample-form-php/?product_id=22791

Conclusion:

The pain management devices market is poised for substantial growth due to demographic shifts, rising chronic disease prevalence, and technological advancements. This growth will likely lead to more effective pain management solutions and improved patient outcomes.

UnivDatos Market Insights

Email - [email protected]

Contact Number - +1 9782263411

Website -www.univdatos.com

#Pain Management Devices Market #Pain Management Devices Market Size #Pain Management Devices Market Growth #Pain Management Devices Market Forecast

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market-insider · 23 hours

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Technological Innovations Driving the Orthopedic Braces and Supports Market

The global orthopedic braces and supports market size is expected to reach USD 7.01 billion by 2030 and is expected to expand at a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. Key factors propelling the market growth include the growing incidence of injury & trauma, the prevalence of chronic diseases such as rheumatoid and osteoarthritis and increasing technological advancements. For instance, in March 2023, Aspen Medical Products, a mobility and pain management solutions provider, partnered with NICE Recovery Systems (NICE) to launch integrated bracing and cold compression solutions for pain management and post-operative care to patients recovering from surgery or injury.

Orthopedic Braces And Supports Market Report Highlights

By product, the braces & supports segment held the largest market share of 74.9% in 2023 and is also expected to witness the fastest growth during the forecast period, owing to the increasing number of osteoarthritis cases, which boosts the demand for products such as braces and support devices

By end-use, the orthopedic clinic segment held the largest share in terms of revenue in 2023. The segment's dominance is attributed to the growing preference for orthopedic consultations for fast and rapid checkups

North America dominated the overall market with a revenue share of 33.7% in 2023, owing to the increasing expenditure on healthcare and rising disposable income

For More Details or Sample Copy please visit link @: Orthopedic Braces And Supports Market Report

Osteoporosis is a leading cause of musculoskeletal and joint disorders among the older population, increasing the demand for orthopedic braces. Older individuals are prone to experiencing various musculoskeletal ailments, making them a key demographic driving the market demand for orthopedic braces and supports. For instance, according to the International Osteoporosis Foundation, annually, osteoporosis causes over 8.9 million fractures across the globe, resulting in an osteoporosis fracture every 3 seconds. Similarly, according to the same source, osteoporosis affects approximately 6.3% of men over the age of 50 and 21.2% of women over the age of 50 globally.

As people age, significant changes occur in their neuromuscular and skeletal systems, making them more susceptible to weak arthritis, anterior cruciate ligament (ACL) injuries, and ligament tears. The older population is projected to grow significantly during the forecast period, further driving the demand for orthopedic braces and supports.

The growing prevalence of sport-related injuries is another significant factor contributing to pain, disability, or restricted movement, thereby driving the demand for orthopedic braces and supports. For instance, in Europe, sports injuries account for around 6.2 million people annually. Furthermore, in the U.S., it is projected that 30 million children and adolescents participate in youth sports; among them, 2 million individuals account for sports injuries.

List of top players in Orthopedic Braces And Supports Market

BREG, Inc.

Frank Stubbs Company Inc.

DeRoyal Industries, Inc.

Össur

Fillauer LLC

Ottobock

McDavid

Bauerfeind

For Customized reports or Special Pricing please visit @: Orthopedic Braces And Supports Market Report

We have segmented the orthopedic braces and supports market-based on product, end-use, and region.

Orthopedic Braces & Supports Product Outlook

Braces & Supports Type

Pain Management Products

Orthopedic Braces & Supports End-use Outlook

Orthopedic Clinics

Over the Counter (OTC)

Hospitals

DME Dealers

Others

Orthopedic Braces & Supports Regional Outlook

North America

Europe

Asia Pacific

Latin America

MEA

Research Methodology

We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Contact:

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll-Free: 1-888-202-9519

Email: [email protected]

Web: https://www.grandviewresearch.com

Explore Horizon, the world's most expansive market research database

#OrthopedicBraces #OrthopedicSupportsMarket #KeyDrivers #InvestmentOpportunities #AgingPopulation #SportsInjuries #ProductSegmentation

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vijay1225 · 1 day

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Chronic Pain Market Forecast 2024-2033

Overview and Scope Chronic pain refers to persistent or long-lasting pain that continues beyond the normal healing process of an injury or illness. Chronic pain can have various causes, including injuries, underlying medical conditions, nerve damage, inflammation, musculoskeletal disorders, and certain diseases such as arthritis, fibromyalgia, or neuropathy.

Sizing and Forecast The chronic pain market size has grown strongly in recent years. It will grow from $72.13 billion in 2023 to $78.29 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to injury and trauma, surgical procedures, inflammatory conditions, nerve damage and neuropathy, lack of effective treatments.

The chronic pain market size is expected to see strong growth in the next few years. It will grow to $106.31 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to aging population, telemedicine expansion, public health awareness, genetic research and precision medicine, psychosocial stressors. Major trends in the forecast period include integration of wearable devices, pain education and support groups, holistic pain management, non-opioid pain management, regenerative medicine for pain.

Segmentation & Regional Insights The chronic pain market covered in this report is segmented -

1) By Product: Drug, Devices 2) By Indication: Neuropathic Pain, Arthritis Pain, Chronic Back Pain, Cancer Pain, Migraine, Fibromyalgia, Other Indications 3) By End User: Hospitals, Clinics, Research Organization

North America was the largest region in the chronic pain market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chronic pain market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major Driver Impacting Market Growth The prevalence of chronic pain patients is expected to propel the growth of the chronic pain market. Chronic pain patients refer to individuals who experience persistent or long-lasting pain that lasts beyond the normal healing process or persists for an extended period, typically exceeding three months. The high prevalence of chronic pain patients drives the growth of the chronic pain market, as the increasing demand for effective pain management solutions, including pharmaceuticals and medical devices, creates opportunities for innovation and development within the industry. For instance, in April 2023, according to the Morbidity and Mortality Weekly Report (MMWR) published by the Centers for Disease Control and Prevention, a US-based national public health agency, the prevalence of chronic pain among adults in the United States varied between 20.5% and 21.8% in 2021. Additionally, the prevalence of high-impact chronic pain ranged from 6.9% to 7.8% during the same period. Therefore, the prevalence of chronic pain patients is driving the growth of the chronic pain market.

Key Industry Players

Major companies operating in the chronic pain market report are Pfizer Inc., Johnson & Johnson, AbbVie Inc., Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, Abbott Laboratories, Mitsubishi Chemical Group Corporation, GlaxoSmithKline plc., Eli Lilly and Company, AstraZeneca plc., Becton, Dickinson, and Company, Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., Biogen Inc., Endo International plc., Noven Pharmaceuticals Inc., Anika Therapeutics Inc., Collegium Pharmaceutical Inc., Heron Therapeutics Inc., Paradigm Biopharmaceuticals Ltd., Braeburn Inc., Taiwan Liposome Company Ltd., Axial Healthcare, AcelRx Pharmaceuticals Inc., Centrexion Therapeutics Corp., Vertanical GmbH, IKI Health Group, Tonix Pharmaceuticals Inc., Paperplane Therapeutics

The chronic pain market report table of contents includes:

1. Executive Summary 2. Chronic Pain Market Characteristics 3. Chronic Pain Market Trends And Strategies 4. Chronic Pain Market — Macro Economic Scenario 5. Global Chronic Pain Market Size and Growth . . . 31. Chronic Pain Market Other Major And Innovative Companies 32. Global Chronic Pain Market Competitive Benchmarking 33. Global Chronic Pain Market Competitive Dashboard 34. Key Mergers And Acquisitions In The Chronic Pain Market 35. Chronic Pain Market Future Outlook and Potential Analysis

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adityarana1687-blog · 2 days

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Orthopedic Braces And Supports Market To Reach $7.01 Billion By 2030

Request a free sample copy or view the report summary: Orthopedic Braces And Supports Market Report

Orthopedic Braces And Supports Market Report Highlights

North America dominated the overall market with a revenue share of 33.7% in 2023, owing to the increasing expenditure on healthcare and rising disposable income

Orthopedic Braces and Supports Market Segmentation

Grand View Research has segmented the orthopedic braces and supports market-based on product, end-use, and region:

Orthopedic Braces & Supports Product Outlook (Revenue, USD Million, 2018 - 2030)

Braces & Supports Type

Knee Braces & Supports

Knee Braces for Osteoarthritis & Ligament Injuries

Post-operational Knee Braces

Back Braces & Supports

Upper Spine Orthoses

TLSOs

LSOs

Others

Ankle Braces & Supports

Soft Braces

Hinged Braces

Walking Boots

Pneumatic

Non-pneumatic

Upper Extremity Braces & Supports

Elbow Braces & Supports

Wrist Braces & Supports

Others

Hip Braces & Supports

Others

Pain Management Products

Cold Therapy Products

DVT Products

Orthopedic Braces & Supports End-use Outlook (Revenue, USD Million, 2018 - 2030)

Orthopedic Clinics

Over the Counter (OTC)

Hospitals

DME Dealers

Others

Orthopedic Braces & Supports Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

U.K.

France

Italy

Spain

Norway

Denmark

Sweden

Asia Pacific

China

India

Japan

Australia

South Korea

Thailand

Latin America

Brazil

Mexico

Argentina

MEA

South Africa

Saudi Arabia

UAE

Kuwait

List of Key Players in Orthopedic Braces And Supports Market

BREG, Inc.

Frank Stubbs Company Inc.

DeRoyal Industries, Inc.

Össur

Fillauer LLC

Ottobock

McDavid

Bauerfeind

Weber Orthopedic LP

DJO, LLC (Enovis)

#Orthopedic Braces And Supports

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dbmrrmarket · 2 days

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Wire Cerclage Sternal Closure Systems Market Size, Share, Trends, Growth Opportunities, Key Drivers and Competitive Outlook

Global Wire Cerclage Sternal Closure Systems Market document focuses on the efforts toward professional marketers, providing much-needed market research methodologies to the overall marketing processes. This market research report endows with all the crucial information regarding the market which helps to give guidance to a new user to grasp the market intensely. By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work exhaustively to formulate Wire Cerclage Sternal Closure Systems market research report. It is the most appropriate, rational and admirable market research report provided with a devotion and comprehension of business needs.

The analysis of market trends and dynamics is based on several factors in the credible Wire Cerclage Sternal Closure Systems report. These factors can be listed as; supply and demand, current trends/opportunities/challenges, market segments and sub-segments, technological breakthroughs, market size, value chain and stakeholder analysis, competitive landscape. The research and analysis performed in this industry report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. Global Wire Cerclage Sternal Closure Systems market research report provides a comprehensive study on production capacity, consumption, import and export for all major regions across the world.

Data Bridge Market Research analyses that the wire cerclage sternal closure systems market, which was USD 2,266.4 million in 2022, would rise to USD 4,289.15 million by 2030 and is expected to undergo a CAGR of 8.30% during the forecast period 2023 to 2030.

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Sternal closure systems close the breastbone, post heart, and thoracic cavity surgeries. These treatments fix and stabilize the anterior chest wall and encourage fusion. Sternal closure systems increase bone stability, healing, and pain management. These cables are composed of braided metallic material often used in heart surgery. Steel wires are now widely available from manufacturers to patients suffering from elective heart surgery to prevent bone rupture during median sternotomies.

Some of the major players operating in the wire cerclage sternal closure systems market are:

Zimmer Biomet (U.S.)

Medical Devices Business Services, Inc. (U.S.

K.L.S. Martin Group (Germany)

Acute Innovations L.L.C. (U.S.)

IDEAR S.R.L (Argentina)

A&E Medical Corporation (U.S.)

Kinamed Incorporated (U.S.)

JACE Medical, L.L.C. (U.S.)

Dispomedica (Germany)

ABYRX, INC. (U.S.)

JEIL MEDICAL CORPORATION (South Korea)

Changzhou Waston Medical Appliance Co., Ltd. (China)

Teleflex Incorporated (U.S.)

B. Braun Melsungen AG (Germany)

Sklar Surgical Instruments (U.S.)

Countries Studied:

North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)

Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)

Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)

Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Objectives of the Report

To carefully analyze and forecast the size of the Wire Cerclage Sternal Closure Systems market by value and volume.

To estimate the market shares of major segments of the Wire Cerclage Sternal Closure Systems

To showcase the development of the Wire Cerclage Sternal Closure Systems market in different parts of the world.

To analyze and study micro-markets in terms of their contributions to the Wire Cerclage Sternal Closure Systems market, their prospects, and individual growth trends.

To offer precise and useful details about factors affecting the growth of the Wire Cerclage Sternal Closure Systems

To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Wire Cerclage Sternal Closure Systems market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Key questions answered

How feasible is Wire Cerclage Sternal Closure Systems Market for long-term investment?

What are influencing factors driving the demand for Wire Cerclage Sternal Closure Systems near future?

What is the impact analysis of various factors in the Global Wire Cerclage Sternal Closure Systems market growth?

What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America

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wellnessweb · 9 days

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Cold Pain Therapy Market Size: Key Drivers and Forecasts

The Cold Pain Therapy Market size was estimated at USD 1.91 billion in 2023 and is expected to reach USD 2.82 billion by 2031 with a growing CAGR of 5% during the forecast period of 2024-2031.The Cold Pain Therapy Market is experiencing significant growth driven by rising awareness of non-invasive pain management techniques and an increasing prevalence of musculoskeletal disorders. Cold pain therapy, which includes products like ice packs, cooling pads, and cryotherapy devices, offers an effective and drug-free alternative for pain relief, especially in sports injuries and post-operative recovery. Advances in technology have led to the development of innovative and user-friendly products, enhancing their accessibility and appeal. Additionally, the growing trend of home-based treatment and the expanding geriatric population, who often seek non-pharmacological pain management solutions, are further propelling the market forward. With ongoing research and development, the market is poised to introduce more sophisticated and efficient cold pain therapy solutions, catering to a broader range of medical conditions and patient needs.

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Market Scope & Overview

The analysis examines the market's main motivating and inhibiting factors, as well as recent trends and upcoming developments. In-depth analysis of the Cold Pain Therapy Market's size, revenue, production, consumption, gross margin, pricing, and market-influencing aspects is provided in this research report. The market research report includes a comprehensive market analysis for the anticipated time frame.

The industry experts looked into a number of other sectors where manufacturers might do well in the future. The micro- and macroeconomic variables that can affect market demand are thoroughly examined in the Cold Pain Therapy Market research report. The level of competition in the target market is rising as a result of competition in this industry between large and small businesses of all sizes.

Market Segmentation Analysis

By Product

OTC Products

Gels, Ointments, & Creams

Sprays & Foams

Patches

Roll-Ons

Cold Packs

Others

Prescription Products

Motorized Devices

Non-motorized Devices

By Application

Orthopedic Conditions

Post-operative Therapy

Sports Medicine

Post-trauma Therapy

By Distribution Channel

Hospital Pharmacy

Retail Pharmacy

Commerce

COVID-19 Pandemic Impact Analysis

The recent research examines the growth potential of the Cold Pain Therapy Market as well as the consequences of the ongoing COVID-19 situation. The report also includes a thorough case study analysis of significant industrial players' actions throughout the pandemic.

Regional Outlook

For stakeholders looking for new regional markets, geographic Cold Pain Therapy Market research is an excellent resource. It helps readers understand the traits and development patterns of diverse geographic marketplaces.

Competitive Analysis

The research report goes in-depth on the filmographies, growth objectives, and business strategies of the major market players. Its statistical study of the world's Cold Pain Therapy Market includes information on CAGR, market share, revenue, volume, and other crucial metrics. The broad worldwide market intelligence research is part of the target market investigation.

Key Reasons to Purchase to Cold Pain Therapy Market Report

In order to significantly increase their market share and their global footprint, the top rivals, according to the study, engaged in mergers and acquisitions, collaborations, joint ventures, partnerships, product launches, and agreements

The target market report comprises a company profile, financial information, a SWOT analysis, and a full examination of competitors in the market.

Conclusion

The competitive landscape and business models of the sector's top rivals may be better understood by industry participants with the use of Cold Pain Therapy Market research. It will be useful if this report can help market participants get a competitive edge and make wise business decisions.

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chetanagp · 15 days

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The Pain Management Devices Market was valued at US$ 7.01 Bn. in 2022. The Global Pain Management Devices Market size is estimated to grow at a CAGR of 9.6% over the forecast period.

#Pain Management Devices Market

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deshpandeisha · 22 days

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Exploring the Cool Trends in the Cryotherapy Market

The global cryotherapy market size was USD 6.34 Billion in 2021 and is expected to register a revenue CAGR of 8.37% during the forecast period, according to latest analysis by Emergen Research. Increasing use of cryotherapy for treatment of non-cancerous dermal conditions is a crucial factor driving market revenue growth.

Available Sample Report in PDF Version@ https://www.emergenresearch.com/request-sample/906

Competitive Terrain:

The global Cryotherapy industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Medtronic plc, CryoConcepts LP, Cortex Technology ApS, CooperSurgical, Inc., Mectronic Medicale S.r.l., Kriosystem-Care Sp. z o.o., Metrum Cryoflex Sp. z o.o., Erbe USA, Incorporated, Brymill Cryogenic Systems, and Zimmer MedizinSysteme GmbH

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/cryotherapy-market

Emergen Research has segmented the global cryotherapy market based on services, devices, application, end-use, and region:

Services Outlook (Revenue, USD Billion; 2019-2030)

Whole Body Cryotherapy

Ice Pack Therapy

Cold Water Immersion

Partial Body Cryotherapy

Cryosurgery

Devices Outlook (Revenue, USD Billion; 2019-2030)

Cryochamber

Cryogun

Cryoprobes

Tissue Spray Probes

Tissue Contact Probes

Others

Application Outlook (Revenue, USD Billion; 2019-2030)

Skin Tags, Warts, and Dark Spots

Cancer

Cervical

Prostate

Liver

Bone

Retinoblastoma

Carcinoma

Pre-Cancerous Moles

Pain Management

Rheumatoid Arthritis

Others

End-Use Outlook (Revenue, USD Billion; 2019-2030)

Hospitals

Cryotherapy Clinics

Spas and Fitness Centers

Others

Radical Highlights of the Cryotherapy Market Report:

Comprehensive overview of the Cryotherapy market along with analysis of the changing dynamics of the market

Growth Assessment of various market segments throughout the forecast period

Regional and global analysis of the market players, including their market share and global position

Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market

Impact of the technological developments and R&D advancements on the Cryotherapy market

Information about profit-making strategies and developmental strategies of major companies and manufacturers

Insightful information for the new entrants willing to enter the market

Details and insights about business expansion strategies, product launches, and other collaborations

The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/906

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rohan-gosavi01 · 22 days

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Electrical Stimulation Devices Market Trending Strategies and Application Forecast by 2031

The Insight Partners latest offering, titled “Electrical Stimulation Devices Market Size and Share Analysis to 2031,” provides comprehensive insights for startups and big market players. The report covers industry performance, risk factors, growth determinants, economics of cost, and ROI streams. It combines qualitative and primary research methods, making it an essential product for companies, investors, and business strategists aiming to excel in the Electrical Stimulation Devices market in a projected timeframe.

Market Overview

Electrical Stimulation Devices market has experienced dynamic transformations in recent years, anticipated to remain an investible domain for investors in the projected time. The market is propelled by consumer preferences, regulatory parameters, and advancements in technology. Concurrently, the surge in automation has favored Electrical Stimulation Devices market share expansion. Advancements in manufacturing technologies have made the Electrical Stimulation Devices market viable and accessible, which is further expected to contribute to market growth.

In confluence with the aforementioned growth drivers, the Electrical Stimulation Devices market is also gauged for restraints and trends. The emerging trends in the market are analyzed in this chapter to assist market players in trying to retain their competitive edge. Strategic insights on key players and their tactics are perks of this research. This section brings forward different organic business strategies, strategic partnerships, and collaborations in the Electrical Stimulation Devices market.

Market Segmentation

To adequately aid their customers in a competitive Electrical Stimulation Devices market, enterprises must educate themselves on key segments. Streamlining market approaches is an effective application of market research. The market segmentation section focuses on product, application, and regional categories. Understanding demographics and high-ROI geographical regions helps entrepreneurs optimize their products.

Regional Insights

The report attempts to explore both global and regional market aspects through authorized sources. Regional share, trends, key market players, and future scope are perks under this section.

Segmental Coverage -

Device Type

Spinal Cord Stimulation Devices

Deep Brain Stimulation Devices

Vagus Nerve Stimulation (VNS) Devices

Sacral Nerve Stimulation (SNS) Devices

Gastric Electrical Stimulation (GES) Devices

Transcutan

Application

Pain Management

Neurological and Movement Disorder Management

Musculoskeletal Disorder Management

Metabolism and GIT Management

Incontinence Management

Other Application

Market Leaders and Key Company Profiles -

1. Medtronic plc 2. Abbott 3. Boston Scientific Corporation 4. DJO Global, Inc. 5. BTL Corporate Source

Need a Customized Market Research Report?

You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs. the following are some customizations our clients ask for:

The report can be customized based on specific regions/countries as per the intention of the business

The report production was facilitated as per the need and following the expected time frame

Insights and chapters tailored as per your requirements.

Depending on the preferences we may also accommodate changes in the current scope.

Key Questions Addressed in the Electrical Stimulation Devices Market Research Include:

What are present Electrical Stimulation Devices market values, and what can be expected in the upcoming decade?

What are the key segments in the Electrical Stimulation Devices market?

What is the regional distribution of the Electrical Stimulation Devices market report?

What are the key players and their recent strategies?

What are the key factors driving Electrical Stimulation Devices market growth?

What are regulatory concerns and requirements businesses have to compel?

Our Unique Research Methods at The Insight Partners

We offer syndicated market research solutions and consultation services that provide complete coverage of global markets. This report includes a snapshot of global and regional insights. We pay attention to business growth and partner preferences, that why we offer customization on all our reports to meet individual scope and regional requirements.

Our team of researchers utilizes exhaustive primary research and secondary methods to gather precise and reliable information. Our analysts cross-verify facts to ensure validity. We are committed to offering actionable insights based on our vast research databases.

Published by -

Rohan Gosavi

Senior Market Research Expert at The Insight Partners

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neha24blog · 23 days

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Pain Management Devices Market Demand By Product, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 30 May 2024: The Report Pain Management Devices Market Size, Share & Trends Analysis Report By Application (Neuropathic, Cancer), By Product (RFA, Neurostimulation), By Region (North America, Asia Pacific), And Segment Forecasts, 2023 – 2030 The global pain managemPain Management Devices market size is expected to reach USD 14.14 billion by 2030, registering a CAGR of 9.5% over…

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vijay1225 · 3 days

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Global Pain Management Devices And Therapies Market Report 2024-2033

Overview and Scope The pain management devices and therapies manage chronic and critical pain in patients suffering from various conditions, such as cancer and neurological disorder. These are mainly used for spinal cord stimulation, sacral nerve stimulators, and deep brain stimulation.

Sizing and Forecast The pain management devices and therapies market size has grown rapidly in recent years. It will grow from $4.38 billion in 2023 to $4.83 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing prevalence of chronic pain, growing demand for minimally invasive pain management procedures, increasing demand for personalized pain management, growing geriatric population, increasing awareness of pain management options.

The pain management devices and therapies market size is expected to see rapidly grown in the next few years. It will grow to $6.49 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to non-opioid alternatives, remote and digital health, rising opioid epidemic, growing popularity of integrative pain management, value-based care. Major trends in the forecast period include advances in pain management technology, neuromodulation devices, digital therapeutics, wearable pain management devices, regenerative therapies.

Segmentation & Regional Insights The pain management devices and therapies market covered in this report is segmented -

1) By Type: Electrical Stimulators, Ablation Devices, Neurostimulators, Analgesic Pumps 2) By Neurostimulation Devices: Spinal Cord Stimulation (SCS) Devices, Deep Brain Stimulation Devices, Vagus Nerve Stimulation Devices, Sacral Nerve Stimulation Devices 3) By Electrical Stimulation Devices: Transcutaneous Electrical Nerve Stimulation (TENS) Devices, Neuromuscular Electrical Stimulation (NMES/EMS) Devices, Combination Devices, Electrotherapy Devices, TNS 4) By Ablation Devices: Radiofrequency Ablation Devices, Cryoablation Devices 5) By Analgesic Infusion Pumps: Intrathecal Infusion Pumps, External Infusion Pumps 6) By Application: Neuropathic Pain, Cancer Pain, Facial & Migraine Pain, Musculoskeletal Pain, Trauma

North America was the largest region in the pain management devices and therapies market in 2023. Western Europe was the second-largest region in the pain management devices and therapies market report. The regions covered in the pain management devices and therapies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major Driver Impacting Market Growth An increase in demand for pain management devices due rise in chronic diseases is driving the growth of the pain management devices and therapies market. Chronic diseases such as cancer, heart stroke often lead to unbearable pain in patients and thus creating a demand for pain management drugs and therapies. Chronic diseases persist over a long period and deteriorate the health of the patient. As reported in an article by the Brazilian Journal of Nephrology, around 60% of patients with chronic kidney disease reported pain of any kind of intensity, which required pain management drugs. Similarly, according to a report in the ‘US National Library of Medicine, approximately 45% or 133 million of all Americans suffered from at least one chronic disease. It is also stated that more than two-thirds of all deaths are due to one of the chronic illnesses, which included coronary heart sickness, cancer, stroke, persistent obstructive pulmonary disease, and diabetes. This rise in chronic diseases is increasing the demand for pain management devices and therapies and driving the pain management devices and therapies market.

Key Industry Players

Major companies operating in the pain management devices and therapies market include Abbott Laboratories, AstraZeneca PLC, Pfizer Inc., Boston Scientific Corporation, GlaxoSmithKline PLC, Teva Pharmaceutical Industries Ltd., Medtronic PLC, Novartis AG, Baxter International Inc., Johnson & Johnson, Eli Lilly & Company, Endo Health Solutions Inc., Smiths Medical Inc., Becton Dickinson and Company, AbbVie Inc., Astellas Pharma Inc., Bayer AG, DJO Global Inc., Halyard Health Inc., B. Braun Melsungen AG, Neurotech Na, Nevro Corp, Sanofi SA, Purdue Pharma LP, Zogenix Inc., Bausch Health Companies Inc., NeuroMetrix Inc., Medovex Corporation, Halyard Health Inc., Flowonix Medical Inc., Pain Management Technologies Inc.

The pain management devices and therapies market report table of contents includes:

1. Executive Summary 2. Pain Management Devices And Therapies Market Characteristics 3. Pain Management Devices And Therapies Market Trends And Strategies 4. Pain Management Devices And Therapies Market — Macro Economic Scenario 5. Global Pain Management Devices And Therapies Market Size and Growth . . . 31. Global Pain Management Devices And Therapies Market Competitive Benchmarking 32. Global Pain Management Devices And Therapies Market Competitive Dashboard 33. Key Mergers And Acquisitions In The Pain Management Devices And Therapies Market 34. Pain Management Devices And Therapies Market Future Outlook and Potential Analysis 35. Appendix

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spookysaladchaos · 1 month

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Global Top 5 Companies Accounted for 80% of total Mindfulness Meditation Apps market (QYResearch, 2021)

The effects of meditation are undeniable (better sleep, less stress, more happiness, healthier relationships, pain relief, increased healing, less anxiety, more smiling, enhanced love life, a heightened overall sense of relaxation).

For many people, finding the time or energy to commit to a regular practice is difficult, and though in-person visits to a meditation studio for meditation programs are a great option for some, for others they may not be a practical approach to consistent meditation. A meditation app can help to improve mindfulness practice and relax mind, meditation apps have become one of the easiest and most accessible ways to maintain a mindfulness regimen.

According to the new market research report “Global Mindfulness Meditation Apps Market Report 2023-2029”, published by QYResearch, the global Mindfulness Meditation Apps market size is projected to reach USD 6.03 billion by 2029, at a CAGR of 37.0% during the forecast period.

Figure. Global Mindfulness Meditation Apps Market Size (US$ Million), 2018-2029

Figure. Global Mindfulness Meditation Apps Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Mindfulness Meditation Apps include Calm.com, Inc, Headspace, Inc, Insight Timer, Breethe, Waking Up, LLC, Ten Percent Happier, Simple Habit, Inc., Mindfulness with Petit BamBou, Meditopia, Stop, Breathe, & Think PBC, etc. In 2020, the global top five players had a share approximately 80.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

For more information, please contact the following e-mail address:

Email: [email protected]

Website: https://www.qyresearch.com

#Mindfulness Meditation Apps

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socialvinod · 2 months

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What Are the Leading Artificial Intelligence in Healthcare Examples Today?

Did you know that by 2025, the AI healthcare market is projected to exceed $45 billion globally, reflecting its crucial role in transforming medical care? This staggering statistic underscores the rapid pace at which artificial intelligence is being integrated into the healthcare sector, shaping the future of medicine and patient care.

The adoption of AI technologies in healthcare is not just widespread; it’s fundamentally altering how medical professionals engage with patients, diagnose conditions, and manage healthcare operations. From robotic-assisted surgeries to virtual nursing assistants, AI is making its mark across all facets of the field.

Diagnostic Innovations with AI in Healthcare

AI in Imaging and Diagnostics

Imagine using a highly sophisticated camera that can not only take sharp pictures in various lighting conditions but also identify what’s in them. Similarly, AI technologies, particularly deep learning, analyze medical images with exceptional detail to pinpoint abnormalities such as fractures or tumors—much faster and often more accurately than the human eye.

In radiology, examples of artificial intelligence in healthcare examples include systems that automatically detect and classify potential issues in X-rays or MRI scans, alerting physicians to areas needing attention.

Wearable AI Technologies

Think of a fitness tracker you might wear on your wrist that measures your steps and heart rate. Imagine if that device could also predict when you might get sick. That’s the level of sophistication that AI-powered wearable devices bring to healthcare.

Overview: These devices continuously monitor health metrics like heart rate, blood sugar levels, and even oxygen saturation, providing real-time data.

Impact: By offering immediate health insights, these artificial intelligence in healthcare examples empower both patients and doctors to make informed decisions quickly, potentially preventing severe health episodes before they occur.

By incorporating these AI-driven technologies, you’re not just keeping up with current trends; you’re staying ahead, leveraging cutting-edge tools to enhance diagnostic accuracy and patient care.

Treatment and Management Enhanced by AI in Healthcare

AI in Surgery

Imagine if a highly skilled surgeon had a tool that could extend their capabilities, making precise movements smaller than any human hand could manage. That’s what robotic surgery systems do—they act as extensions of the surgeon’s hands, but with greater precision and steadiness.

Key Benefits:

Precision: These systems can perform intricate surgeries with minute precision, significantly reducing the risk of complications.

Faster Recovery: Due to smaller incisions, patients often experience less pain and quicker recovery times compared to traditional surgery.

Many patients undergoing robotic surgeries have reported faster healing, less pain, and shorter hospital stays, which underscores the effectiveness of these artificial intelligence in healthcare examples in improving outcomes.

AI in Treatment Planning

Consider how a weather app analyzes vast amounts of data to personalize the weather forecast for your exact location. Similarly, AI in treatment planning uses data from a patient’s medical history, genetic information, and ongoing health data to develop tailored treatment plans.

Application:

Personalized Medicine: AI analyzes health data to recommend the best possible treatment options tailored to individual patient needs.

Example in Oncology: In cancer care, AI systems assess a patient’s genetic profile to predict which treatments are most likely to be effective, minimizing the trial-and-error approach often associated with cancer treatment.

Efficiency and Administration Enhanced by AI in Healthcare

AI-Driven Hospital Operations

Think of AI in hospital settings as a highly efficient traffic control system that manages the flow of cars during rush hour, ensuring everything moves smoothly and quickly. Similarly, AI optimizes hospital workflows, staffing, and resource allocation, which is critical for operational efficiency.

Key Benefits:

Streamlined Workflows: AI tools analyze real-time data to manage hospital schedules, staff allocations, and patient flow, much like a smart traffic system adjusts signals to reduce congestion.

Impact: Hospitals using AI have seen reduced wait times for patients, more balanced workloads for staff, and overall cost savings due to more efficient resource use.

Several hospitals have implemented AI systems that predict patient admission rates, which helps in preemptively managing staffing needs and bed allocations.

AI in Medical Coding and Billing with CODIO

Integration with Billing Software

Just as smart home devices integrate seamlessly to automate and improve home management, MediCodio’s CODIO app integrates with existing billing software to automate and enhance medical coding and billing processes.

Benefits:

Increased Accuracy: CODIO reduces human error in coding by using AI to ensure that the latest medical codes are accurately applied, much like a smart thermostat automatically adjusts to save energy.

Faster Processing Times: Automated systems speed up the billing cycle, allowing for quicker claim processing and reduced turnaround times.

Reduced Administrative Workload: Automating routine tasks frees up staff to focus on more critical responsibilities, enhancing productivity.

Improved Financial Health: Enhanced efficiency and accuracy lead to better revenue cycle management, improving the financial stability of healthcare providers.

Healthcare practices that have integrated CODIO report significant decreases in billing errors and improvements in the speed of reimbursements, much like how businesses using automated inventory systems see reductions in stock discrepancies and losses.

By adopting these artificial intelligence in healthcare examples, you can see how AI not only optimizes hospital operations but also revolutionizes medical coding and billing processes. These technologies ensure that healthcare providers can focus more on patient care and less on administrative tasks, driving significant improvements in both operational efficiency and financial outcomes.

Patient Engagement and Monitoring with AI in Healthcare

Virtual Health Assistants

Imagine having a highly knowledgeable assistant available 24/7 to answer any questions about your health, much like a customer service chatbot that can help you track your online orders or answer your banking queries instantly.

Role of AI Chatbots

Immediate Interaction: AI chatbots in healthcare function similarly, providing immediate responses to patient inquiries about symptoms, medication schedules, or upcoming appointments.

Continuous Support: These virtual assistants are available around the clock, ensuring patients always have access to information and support, enhancing their engagement and satisfaction with healthcare services.

Benefits

Enhanced Engagement: By offering real-time interaction, these chatbots keep patients actively involved in their healthcare processes.

Accessibility: Patients can receive consistent support right from their homes, making healthcare more accessible and less intimidating.

Predictive Healthcare

Think of predictive AI as a weather forecasting system that analyzes patterns to predict a storm before it arrives, allowing people to prepare in advance. Similarly, AI in healthcare analyzes medical data to predict health events before they manifest.

How AI Predicts Health Incidents

Data Analysis: AI systems integrate and analyze vast amounts of health data, such as heart rate or blood pressure readings, to identify potential health risks.

Predictive Alerts: For example, AI can analyze heart monitoring data to predict the likelihood of cardiac events, enabling preventative measures to be taken before an emergency occurs.

Benefits

Proactive Care: This early warning system allows healthcare providers to intervene earlier, potentially saving lives by preventing severe health incidents.

These artificial intelligence in healthcare examples illustrate how AI is not just a technological upgrade but a transformative tool that enhances how patients engage with their healthcare providers and how providers monitor and respond to patient needs. By leveraging AI, healthcare becomes more intuitive, proactive, and supportive, significantly improving the quality of care delivered.

Ethical Considerations and Future Outlook of AI in Healthcare

Ethical Challenges

Privacy Concerns: Ensuring the confidentiality and security of patient data is paramount, as AI systems require extensive data to function effectively.

Decision-Making Autonomy: AI must support, rather than replace, human decision-making in healthcare, ensuring that providers retain ultimate control over clinical decisions.

Future Trends

Greater Integration: AI is expected to become more embedded in daily healthcare practices, enhancing diagnostics and patient monitoring with increasing sophistication.

Enhanced Personalization: Future AI will likely focus on personalizing treatment plans more precisely based on individual patient data, improving outcomes and efficiency.

Ethical AI Development: The development of AI will continue to emphasize ethical considerations, aiming for transparency and fairness in AI applications within healthcare.

This streamlined overview addresses the essential ethical concerns and anticipated advancements of AI in healthcare, focusing on maintaining core medical values while embracing technological progress.

The bottom line is that you should stay ahead in the rapidly evolving world of healthcare by keeping informed about the latest advancements in AI. Understanding these innovations will not only enhance your medical practice but also improve patient outcomes. Consider the implications of AI on your day-to-day operations and how it can resolve complex challenges efficiently.

To truly harness the power of AI in your healthcare practice, explore integrating MediCodio’s CODIO app. CODIO brings cutting-edge AI technology directly to your billing and coding processes, streamlining operations and boosting accuracy. Learn more about how CODIO can transform your RCM and enhance your service delivery. Visit our website or contact us today to see CODIO in action and take the first step towards a more efficient, informed, and innovative healthcare practice.

FAQ’s

What is AI in healthcare?

AI in healthcare refers to the use of artificial intelligence technologies to improve various aspects of health services, including diagnosis, treatment, billing, and patient care management. AI can analyze large data sets much faster than humans, enhancing decision-making processes and operational efficiency.

How can AI enhance Revenue Cycle Management (RCM)?

AI improves RCM by automating tasks such as medical coding and billing, reducing errors, speeding up claim processing, and enhancing overall financial reporting. This leads to quicker reimbursements, fewer denials, and a more streamlined financial workflow.

What makes MediCodio’s CODIO app different from other medical billing software?

MediCodio’s CODIO app utilizes advanced AI algorithms to automate and improve accuracy in medical coding and billing processes. Unlike traditional software, CODIO continuously learns and adapts, ensuring compliance with the latest healthcare regulations and coding updates.

Can CODIO integrate with existing healthcare systems?

Yes, CODIO is designed to seamlessly integrate with existing healthcare systems and electronic health records (EHRs). This integration facilitates smoother transitions and data synchronization, enhancing workflow efficiency without disrupting existing processes.

What are the benefits of using CODIO for healthcare providers?

Using CODIO can significantly reduce administrative workload, increase coding accuracy, and speed up the billing cycle. These improvements lead to better resource allocation, higher patient satisfaction due to fewer billing errors, and improved financial outcomes for healthcare providers.