4 things to know about the expansive pain management devices market

The pain management devices market is projected to grow significantly through 2020.

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Here are four things to know:

 

1. The market was valued at $2 billion in 2015.

 

2. The report notes the pain management devices market increases at three times the rate of the over-the counter internal analgesics segment as drug-free pain solutions are of increasing interest to consumers.

 

3. Technological advancements and expanding life spans have paved the way for market growth.

 

4. Pharmaceutical companies operating in the market include AstraZeneca, GlaxoSmithKline and Pfizer, among others.

 

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