DUBLIN–(BUSINESS WIRE)–The “Global Pain Management Drugs Market, By Drug Class, By Indication, By Pain Type, By Drug Type, By Distribution Channel, Estimation & Forecast, 2017 – 2030” report has been added to ResearchAndMarkets.com’s offering.
The global pain management drugs market was valued at USD 71,238.7 Million in 2021 and is forecasted to reach USD 99,943.3 Million by the year 2030. The market is anticipated to register a CAGR of 3.92% over the projected period.
The pain management drugs market is anticipated to grow owing to the rise in number of cases of chronic disorders coupled with the rising healthcare expenditure and government support worldwide. Furthermore, growing number of surgical procedures and the increasing geriatric population are also estimated to fuel the market growth. However, the availability of alternatives such as pain reliever devices are expected to negatively impact the market growth.
Increasing incidence rate of chronic disorders is expected to boost the demand for pain management drugs for the treatment of pain associated with these disorders. According to the Centers for Disease Control and Prevention, as of December 2021, in the United States, 6 out of 10 adults suffer from a chronic disease and 4 out of 10 adults suffer from 2 diseases or more. These diseases include cancer, heart diseases, stroke, chronic lung disease, diabetes, Alzheimer’s disease, and chronic kidney disease. Most or all of these diseases are associated with pain. Hence the rise in the number of cases of chronic disorders are expected to fuel the market growth.
Companies Mentioned
- Abbott Laboratories
- Allergen Inc.
- Bayer AG
- Boehringer Ingelheim
- Bristol-Myers Squibb
- Eli Lilly & Company
- Endo Health Solutions, Inc.,
- GlaxoSmithKline Plc.
- Johnson & Johnson
- Merck & Co. Inc.
- Novartis AG
- Ono pharmaceutical Co., Ltd.
- Pfizer, Inc.
- Purdue Pharma L.P.
- Sorrento Therapeutics
- Valeant Pharmaceuticals International Inc.
- Viatris Inc.
- WEX Pharmaceuticals
- Zynerba Pharmaceuticals.
Key Questions Answered:
- What is the market size and forecast of the Global Pain Management Drugs Market?
- What are the inhibiting factors and impact of COVID-19 on the Global Pain Management Drugs Market during the assessment period?
- Which are the products/segments/applications/areas to invest in over the assessment period in the Global Pain Management Drugs Market?
- What is the competitive strategic window for opportunities in the Global Pain Management Drugs Market?
- What are the technology trends and regulatory frameworks in the Global Pain Management Drugs Market?
- What is the market share of the leading players in the Global Pain Management Drugs Market?
- What modes and strategic moves are considered favorable for entering the Global Pain Management Drugs Market?
Key Topics Covered:
Chapter 1. Research Framework
Chapter 2. Research Methodology
Chapter 3. Executive Summary: Global Pain Management Drugs Market
Chapter 4. Global Pain Management Drugs Market Overview
4.1. Industry Value Chain Analysis
4.1.1. Drugs Provider
4.1.2. Research and Development
4.1.3. Distributor
4.1.4. End Users
4.2. Industry Outlook
4.2.1. Pain relief techniques
4.3. PEST Analysis
4.4. Porter’s Five Forces Analysis
4.5. Market Dynamics and Trends
4.5.1. Growth Drivers
4.5.2. Restraints
4.5.3. Challenges
4.5.4. Key Trends
4.6. Covid-19 Impact Assessment on Market Growth Trend
4.7. Market Growth and Outlook
4.8. Competition Dashboard
Chapter 5. Global Pain Management Drugs Market Analysis, By Drug Class
Chapter 6. Global Pain Management Drugs Market Analysis, By Indication
Chapter 7. Global Pain Management Drugs Market Analysis, By Pain Type
Chapter 8. Global Pain Management Drugs Market Analysis, By Drug Type
Chapter 9. Global Pain Management Drugs Market Analysis, By Distribution Channel
Chapter 10. Global Pain Management Drugs Market Analysis, By Region/ Country
Chapter 11. North America Pain Management Drugs Market Analysis
Chapter 12. Europe Pain Management Drugs Market Analysis
Chapter 13. Asia Pacific Pain Management Drugs Market Analysis
Chapter 14. Middle East & Africa Pain Management Drugs Market Analysis
Chapter 15. South America Pain Management Drugs Market Analysis
Chapter 16. Company Profile
For more information about this report visit https://www.researchandmarkets.com/r/shhdvg
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