Medical Companies Address Chronic And Acute Pain Market, Reaching $151.7 Billion By 2030, With Variety Of Treatments: Electrotherapy, Device-Based Medical Therapies, OTC And Prescription-Drug Pharmaceuticals As COVID-19 Pandemic Heightens Global Opioid
Medical company leaders in the chronic and acute pain market are addressing these issues with diverse treatments: from electrotherapy devices to OTC and prescription-drug pharmaceuticals. A new study projects a chronic and acute pain treatment market of $151.7 billion by 2030. The report by Prescient & Strategic Intelligence defines the global chronic pain market. These medical companies are also addressing the COVID-19 pandemic and its impact on heightening the global opioid abuse crisis. The number of large and niche firms addressing the chronic pain market is large and growing.
The chronic pain treatment market has drawn intense interest from media companies. stockmarketpress.com features specialized coverage of related stocks such as Electromedical Technologies, Inc. (OTCQB: EMED), Medtronic PLC (NYSE: MDT), Nevro Corp. (NYSE: NVRO), Axsome Therapeutics, Inc. (NASDAQ: AXSM). GlaxoSmithKline (NYSE: GSK), Abbott Laboratories (NYSE: ABT), Eli Lilly (NYSE: LLY), Boston Scientific Corporation (NYSE: BSX), Novartis AG (NYSE: NVS), Johnson & Johnson (NYSE: JNJ) and Bristol-Myers Squibb (NYSE: BMY).
Medical Companies Address Chronic And Acute Pain Market, Reaching $151.7 Billion By 2030, With Variety Of Treatments: Electrotherapy, Device-Based Medical Therapies, OTC And Prescription-Drug Pharmaceuticals As COVID-19 Pandemic Heightens Global Opioid Crisis
The BioPharma Journal has reported on the chronic pain market and the opioid crisis, being stimulated by the COVID-19 pandemic. The publication estimated that greater than 100 million Americans suffer from some kind of chronic pain. A large number of leading medical firms are developing OTC, prescription-quality and diverse treatments for chronic and acute pain management. Medical Companies Address Chronic And Acute Pain Market, Reaching $151.7 Billion By 2030, With Variety Of Treatments: Electrotherapy, Device-Based Medical Therapies, OTC And Prescription-Drug Pharmaceuticals As COVID-19 Pandemic Heightens Global Opioid Crisis.
Treatment Of Chronic And Acute Pain Will Be A $151.7 Billion Market By 2030
Research firm Prescient & Strategic Intelligence sees the chronic pain treatment market hitting $151.7 Billion by 2030, reflecting a CAGR of 6.5%% during the forecast period from 2020-2030. The pandemic accelerated the opioid epidemic crisis in the research period. The report finds that North America dominates the global chronic pain market. Medical Companies Address Chronic And Acute Pain Market, Reaching $151.7 Billion By 2030, With Variety Of Treatments: Electrotherapy, Device-Based Medical Therapies, OTC And Prescription-Drug Pharmaceuticals As COVID-19 Pandemic Heightens Global Opioid Crisis.
Here is List Of Leading Medical Companies And How They Address Chronic And Acute Pain, Especially In This COVID-19 Pandemic
Key firms and their strategies to gain share and impact in the chronic pain treatment market include:
MedTronic PLC (NYSE: MDT) offers drug infusion systems for chronic pain including its PTM


Source: Stock Market Press
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