The global digital migraine treatment market is projected to grow at a CAGR of 10.6% during the forecast period (2022 - 2030)

PUNE, MAHARASHTRA, INDIA, March 14, 2022 /EINPresswire.com/ -- The global digital migraine treatment market is projected to grow at a CAGR of 10.6% during the forecast period (2022 - 2030), according to the newly published report by Absolute Markets Insights. The global market is being driven by the rising incidence of preventable chronic diseases, increased emphasis on preventive healthcare, the need to control healthcare costs, and growing investments in digital therapeutics. The increased use of digital health tools has resulted in benefits across a wide range of therapeutic areas. According to studies, the digital app users in the migraine space have reported that the availability of electronic alerts improved compliance in recording migraine information. Based on the data reported in a different study, 71% of adolescent participants who used the wearable-based device experienced pain relief after 2 hours, while 35% were completely pain-free. The majority of patients (69 percent) experienced improvement in their functional capacity.

According to the World Health Organization (WHO), migraine affects more than 36 million Americans and is the second most disabling condition in life-adjusted years. Globally, it is estimated that the prevalence of current headache disorder among adults is around 50%. In 2015, half to three-quarters of adults aged 18–65 years worldwide experienced headaches, with 30 percent or more reporting migraine. The growing efforts by major firms to develop technologically sophisticated migraine treatment solutions are estimated to boost the growth of global digital migraine treatment market growth during the projection period.

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Our 420+ pages research study on Global Digital Migraine Treatment Market will include extensive information on the following pointers:

Global Market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) by segments/sub-segments; wherein 2015 to 2020 has been considered as historic years, 2021 as the base year, while 2022 to 2030 has been considered as the forecast period.
Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.

Technological Trends
Macro-Economic and Micro-Economic Indicators
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Challenges)
Global and Regional Impact of Covid-19 on Global Digital Migraine Treatment Market
Porter’s Five Forces Analysis

Competitive Benchmarking: (Global Presence and Growth Strategies (Mergers and Acquisitions, R&D Initiatives, Product Launches, Investments Trends))

Market Share Analysis, 2021
Detailed insights of major market participants operating in the market, including information on company details, company overview, product offerings, key developments, financial analysis, SWOT analysis and business strategies.
We have reports available in different languages including German, Russian, Korean, French, Chinese, Arabic, Spanish, Japanese and other languages.
We offer the feasibility of customizing the reports specific to regions which will cover exclusive insights on regions and its respective countries (namely North America, Europe, Asia Pacific, Middle East & Africa, Latin America)

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Wearable-Based Digital Migraine Treatment Modality to accelerate over the Forecast Period

Wearable devices enable migraine pain management that is safe and effective, with no adverse side effects. CEFALY Technology, announced in October 2020, that the U.S. Food & Drug Administration (FDA) has cleared the CEFALY DUAL medical device as an over-the-counter (OTC) medication for the acute and preventative treatment of migraine headaches in adults. CEFALY DUAL is a dual-purpose, external Trigeminal Nerve Stimulator (eTNS) device that is placed on the forehead to adjust pain sensations in the location.

Impact of COVID-19 on the Global Digital Migraine Treatment Market

Migraine, a severely painful chronic neurological disorder, along with mental health conditions became extremely prevalent amidst the Covid-19 pandemic. This was attributed to a variety of factors, including increased anxiety, apprehension about developing the COVID19 infection, and trouble obtaining health care and medications. The patients preferred home care over hospital care, which has led to an increase in the adoption of digital technology for migraine control, adding to the market growth.

North America dominated the Global Digital Migraine Treatment Market in 2021

North America held the largest market share in the global digital migraine treatments market in 2021. Chronic migraine affects between 3% and 5% of the population in the United States. Every year, approximately 3% of people with episodic migraine develop chronic migraine. In order to provide high-quality treatment devices, manufacturers in the region are focusing on product development along with incorporation of innovative technology. United States holds the highest share in the North America region owing to the high prevalence of lifestyle-related disorders, rising acceptance of wearable-based devices, along with high per capita medical expenditure.

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The key market participants operating in the global Digital Migraine Treatment market are:

Cefaly, Curelator, Inc.
electroCore, Inc.
Migraine Buddy
M-sense
Neurolief Ltd.
Theranica Bio-Electronics Ltd.
UpScript IP Holdings, LLC
Other Market Participants

Global Digital Migraine Treatment Market:

By Offering
App-based
Wearable-based

By Application
Individuals
Healthcare Providers

By Region
North America (U.S., Canada, Mexico, Rest of North America)
Europe (France, The UK, Spain, Germany, Italy, Nordic Countries, Benelux Union, Rest of Europe)
Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Rest of Asia Pacific)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
Latin America (Brazil, Argentina, Rest of Latin America)

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Check out more related studies published by Absolute Markets Insights:

Neuromonitoring Devices Market – Global neuromonitoring devices market was valued at US$ 7022.33 Mn in 2020 and is anticipated to grow at a CAGR of 6.8% over the forecast period. : https://www.absolutemarketsinsights.com/reports/Neuromonitoring-Devices-Market-2021---2029-895

Virtual Rehabilitation Market – Global virtual rehabilitation market is estimated to accelerate at a compound annual growth rate of 18.5% during the forecast period : https://www.absolutemarketsinsights.com/reports/Global-Virtual-Rehabilitation-Market-2021---2029-1035

Pain Management Devices Market – Global pain management devices market generated a revenue of US$ 5020.62 Mn in 2018 and is expected to reach US$ 9095.12 Mn by 2027, growing at a CAGR of 6.8% over the forecast period. : https://www.absolutemarketsinsights.com/reports/Pain-Management-Devices-Market-2019-2027-453

Neuromodulation In Epilepsy Market – Global neuromodulation in epilepsy market was valued at US$ 1365.89 Mn and is projected to reach US$ 3410.12 Mn by 2027, growing at an estimated CAGR of 10.71% over the forecast period. : https://www.absolutemarketsinsights.com/reports/Neuromodulation-in-Epilepsy-Market-2019-2027-276

Wearable Medical Devices Market – Global wearable medical devices market registered a revenue figure of US$ 10,450 Mn in 2018 and is estimated to reach US$ 33,540 Mn by 2027, growing at a CAGR of 13.8% over the forecast period. : https://www.absolutemarketsinsights.com/reports/Global-Wearable-Medical-Devices-Market-2019-2027-239

About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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