Global Analgesics Market Trends

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Global Analgesics Market Size, Share, and Trends Analysis Report Trends

  • Pharmaceutical
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Rising Adoption of Non-Opioid Analgesics”

The global analgesics market is witnessing steady growth, driven by the rising prevalence of chronic diseases and increasing demand for pain management solutions. A notable trend within this market is the shift towards non-opioid analgesics due to the growing concerns surrounding opioid addiction and the associated regulatory restrictions. For instance, nonsteroidal anti-inflammatory drugs (NSAIDs) such as Ibuprofen and Acetaminophen are gaining traction as safer alternatives for treating pain. The launch of ZYNRELEF by Heron Therapeutics in 2021, a non-opioid, extended-release product designed for postsurgical analgesia, providing effective pain relief for up to 72 hours. This shift is also supported by the increasing focus on over-the-counter (OTC) analgesics, which are more accessible and preferred by consumers for managing mild to moderate pain. The growing demand for safer, more effective pain management solutions is driving pharmaceutical companies to innovate, expanding the global analgesics market.

Frequently Asked Questions

The market is segmented based on Segmentation By Pain Type (Acute and Chronic), Drug Class (Nonsteroidal Anti-inflammatory Drug (NSAIDs), Opioids, Salicylates, and Others), Type (Prescription drugs and Over-the-counter (OTC) drugs), Application (Musculoskeletal Pain, Surgical And Trauma-Related Pain, Cancer Pain, Neuropathic Pain, Migraines, Obstetrical Pain, Fibromyalgia, Pain Due to Burns, Dental/Facial Pain, Pediatric Pain, and Others), Route of Administration (Oral, Parenteral, and Others), End-Users (Hospitals, Specialty Clinics, Homecare, and Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, and Others) – Industry Trends and Forecast to 2031 .
The Global Analgesics Market size was valued at USD 53.72 USD Billion in 2023.
The Global Analgesics Market is projected to grow at a CAGR of 4.69% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.