Interventional Pain Management Market: Regional Analysis
North America interventional pain management market is expected to grow drastically, owing to increasing promotional activities by interventional pain management providers to bring awareness about interventional pain management techniques among the population. For instance, in 2016, the Center for Interventional Pain and Spine launched its new website to bring awareness about the interventional pain management techniques among the population.
Increasing prevalence of chronic pain among population is expected to fuel interventional pain management market growth in Europe in the near future. For instance, according to the data published by World Health Organization (WHO) in 2015, around 20% of the adult population in Europe was suffering from chronic pain.
Increasing geriatric population in Asia Pacific region is expected to increase the demand for interventional pain management, which in turn is expected to drive interventional pain management market growth in the region. For instance, according to the data published by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in 2016, Asia Pacific region constitutes around 60% of the world’s geriatric population. It is estimated that in 2016, around 547 million people were aged above 60 years in Asia Pacific region and this number is expected to double and reach around 1.3 billion by 2050.
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