Post-Operative Pain Management Market Overview:
Post-Operative Pain Management Market was worth USD 35.5 billion in 2021 and is expected to register a CAGR of 5% over 2022-2030, thereby amassing a valuation of USD 57.8 billion by end of the assessment timeframe.
The term "postoperative pain management" describes the medical treatments and methods used to help patients feel better following surgery. It encompasses a range of methods designed to lessen discomfort, promote healing, and enhance the total experience of recuperation following surgery.
Main objective of postoperative pain management is to maintain patient comfort while guaranteeing a seamless and problem-free recuperation.
These interventions include the use of non-pharmacological therapies like cold packs, relaxation techniques, and physical therapy, as well as the use of analgesic medications such opioids, nonsteroidal anti-inflammatory drugs (NSAIDs), and local anesthetics.
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Key Market Drivers:
Growing Surgical Practices Worldwide: The aging population, rising rates of chronic illness, and advancements in surgical methods are all driving up the number of surgical procedures performed, necessitating the use of effective postoperative pain management measures to enhance patient comfort.
Technological Developments in Pain Relief Equipment: Real-time patient pain monitoring and accurate medication distribution are made possible by wearable technology and smart pumps. By providing individualized and efficient pain treatment options, these advances improve patient outcomes and satisfaction while also supporting the postoperative pain management market.
Increasing Knowledge and Conscience: Patients and medical professionals alike are starting to realize how important it is to effectively manage pain. Better patient education programs, pain assessment practices, and the application of multimodal pain management techniques have all improved as a result of this.
Regulatory Support and recommendations: Government agencies and medical associations are contributing more and more to the development and application of safe and efficient recommendations for the management of pain. The most recent research and technological advancements are being reflected in the revision of guidelines, which encourage the application of cutting-edge methods for postoperative pain management.
Market Trends:
Growing Adoption of Multimodal Pain Management: The use of multimodal pain management techniques in postoperative care is on the rise. This method provides comprehensive pain care by combining several pain reduction techniques, including medication, physical therapy, and alternative therapies. It aims to lessen adverse effects, reduce the usage of opioids, and enhance patient recovery.
Growth of Non-Opioid Medications: The opioid crisis has brought attention to the dangers of addiction and overdosing, which has led to a significant change in the management of postoperative pain with non-opioid medications.
Technology Integration in Pain Management: Digital health platforms, smart pumps, and wearables are all playing a bigger role in the management of postoperative pain. With the use of these technologies, patients' pain levels and medication administration can be tracked in real time.
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Market Segmentations:
By Type
- Acute Pain Management
- Moderate Pain Management
- Severe Pain Management
The severe pain management segment is slated to generate significant returns over 2022-2030. This is credited to the rise in the number of patients having trauma injuries.
By Application:
- Cancer Pain
- Arthritic Pain
- Neuropathic Pain
- Musculoskeletal Pain
- Migraine Pain
- Others
Market Geographically Analysis:
Major regions like North America, Europe, Latin America, Africa, and Asia Pacific are included in the global business vertical. From 2022 to 2030, North America is anticipated to generate a sizable amount of income. This can be attributed to a number of variables, including rising healthcare costs, an increase in surgical operations, the frequency of chronic illnesses rising, and the existence of well-established market competitors.
Leading Key Companies Involved in this market are:
- Eli Lilly
- Pfizer
- Purdue Pharma
- Endo Pharmaceuticals Plc.
- Forest Laboratories, Inc.
- Tewa Pharmaceutical Industries Ltd.
- Johnson & Johnson
- GlaxoSmithKline
- Hoffman-La Roche Ltd.
- and Baxter International, Inc.
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According to the lower extremity post-operative orthotics market report, the global lower extremity post-operative orthotics market was valued at ~US$ 785 Mn in 2018, and is projected to expand at a CAGR of ~5% from 2019 to 2027.
Rise in the number of surgeries and favorable government policies & initiatives in developing countries are the major factors anticipated to drive the global lower extremity post-operative orthotics market during the forecast period.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=72776Increase in Number of Hospitals and e-Commerce Platforms to Propel Lower Extremity Post-operative Orthotics MarketChanging demographics in developing countries such as China, India, Brazil, and South Africa are expected to provide opportunities for medical device manufacturers in the next few years.
Public and private healthcare expenditure in these countries is likely to rise during the forecast period.
This, in turn, is projected to increase the number of hospitals in these countries in the near future.According to China's National Health and Family Planning Commission (NHFPC), the number of private hospitals in China doubled in just six years, i.e., from 2011 to 2017, to reach 16,900.
Private hospitals accounted for over 57%of the total hospitals in the country.According to the Department of Industrial Policy and Promotion (DIPP) of India, hospitals and diagnostic centers in India witnessed foreign direct investments (FDIs) of US$ 6.09 Bnbetween April 2000 and March 2019.China and India are also witnessing technological advancements and development of e-Commerce platforms at a significant rate.
Online platforms offer orthotic products at discounted prices as compared to retail sellers, thereby driving the lower extremity post-operative orthotics market.Increase in healthcare expenditure coupled with rise in the global per capita income augments the global orthopedics industry, including the lower extremity post-operative orthotics market.Request COVID Analysis on Lower Extremity Post-operative Orthotics Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=72776Asia Pacific Lower Extremity Post-operative Orthotics Market to Grow at Rapid PaceNorth America held a major share of the global lower extremity post-operative orthotics market in terms of revenue in 2018, and is projected to sustain its share in the global lower extremity post-operative orthotics market during the forecast period.
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