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The global pain management market was valued at US$ 3,691.2 million in 2020 and is expected to reach US$ 5,786.9 billion by 2028; growing at a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2021 – 2028. Pain Management refers to the branch of medicine care which helps in reducing the pain by prevention, diagnosis and treatment of pain. Pain management devices are referred as the medical devices which are used for pain management such as cancer pain, neuropathic pain, musculoskeletal pain, nociceptive pain and others. Neurostimulation, infusion pumps and electric stimulation are the widely prescribed devices by physicians to eliminate chronic pain.

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The U.S. compounding pharmacies market report tracks some of the key companies operating in the market, which include Avella Specialty Pharmacy, Central Admixture Pharmacy Services, Inc., Fagron N.V., Wedgewood Pharma, PharMEDium Services LLC, Doughertys Pharmacy, Institutional Pharmacy Solutions, Lorraine’s Pharmacy, Village Compounding Pharmacy

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The analysts forecast global over-the-counter (OTC) drug market to grow at a CAGR of 6.19% during the period 2016-2020. Complete Report available at http://www.sandlerresearch.org/global-over-the-counter-drug-market-2016-2020.html. OTC drugs are medicines that can be bought without a prescription from a doctor because the US FDA considers them safe for use without medical supervision. These drugs are used to treat conditions that do not necessarily require a doctor’s advice, such as pain, itches, cough and cold, sleeping problems, smoking cessation, weight problems, gastrointestinal problems, and tooth decay. They are sold through hospitals, pharmaceutical stores, grocery stores, catalogs, and online retail stores.

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