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Stock impact report

Pain Management Devices Market to Witness 21.5 % CAGR by 2031 | SkyQuest Technology [Yahoo! Finance]

Nevro Corp. (NVRO) 
Last nevro corp. earnings: 2/25 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
2031, with a CAGR of 21.5% during the forecast period (2024-2031). The rise in chronic diseases is one of the major factors expected to drive the market expansion during the forecast period. Musculoskeletal stimulants are in high demand due to increasing incidence of lifestyle diseases such as diabetes and obesity. Another important factor that can drive the market expansion is the increasing incidence of stroke or hypertension. Cerebral atherosclerosis and other chronic diseases also contribute to a significant increase in blood pressure. The spread of the dangerous coronavirus has economic implications for almost every industry, including medical device manufacturers. The nationwide shutdown has affected patients who rely heavily on physiotherapy or exercise programs to manage pain. In addition, many elective surgeries and patient in-person visits were postponed or cancelled, which is expected to increase demand for home pain management. The number of cancer patients is expected to Show less Read more
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