Chronic Pain Dominates Market with 55% Share: Advanced Therapies Target Root Causes for $100 Billion Segment
Chronic pain, defined as persistent discomfort lasting over three months, dominates the pain management market, accounting for 55% of 2023 revenue. This segment, valued at $66 billion, is projected to reach $100 billion by 2030, driven by its prevalence (affecting 20–30% of adults globally) and the aging population’s rising need for long-term solutions. Innovations here focus on...
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