Stimulation methods for treatment of neural disorders have evolved tremendously over the years ranging from invasive methods i.e. Deep Brain Stimulation (DBS) to non-invasive methods i.e. Transcutaneous Electric Nerve Stimulation (TENS) and Transcranial Magnetic Stimulation (TMS). This study hence first reviews existing literature for pain mechanism and how electrical stimulation is useful for treatment of pain. The existing commercial treatment options are analyzed to determine the technical drawbacks which could be overcome, to develop a more effective system for therapy.