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Pain Management Drugs Market to Expecting Huge Growth by 2017 to 2023 with top key players like Novartis AG,Eli Lilly & Company,Abbott Laboratories,Endo Health Solutions, Inc

04-08-2020 12:07 AM CET | Health & Medicine

Press release from: Premium Market Insights

Pain Management Drugs Market to Expecting Huge Growth by 2017

Pain management is a branch of medicine, which employs approach to ease the suffering and improve the quality of life of individuals suffering from pain. Pain can be classified based on its occurrence and duration along with the affected body part. First line of treatment for pain management is pharmaceutical therapeutics or pain killer drugs, most of which are well-known brands. The global pain management drugs market was valued at $58,577 million in 2016, and is estimated to reach $77,131 million by 2023, registering a CAGR of 4% from 2017 to 2023.

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Some of the key players of Pain Management Drugs Market:

Novartis AG,Eli Lilly & Company,Abbott Laboratories,Endo Health Solutions, Inc.,Purdue Pharma L.P.,Pfizer, Inc.,F. Hoffmann La Roche Ltd.,Merck & Co. Inc.,Johnson & Johnson,GlaxoSmithKline Plc.

Rise in geriatric population is the major factor that drives the growth of the global pain management market, as aged people are more prone to suffer from joint pain and other chronic conditions. Moreover, surge in prevalence of chronic diseases such as cancer, diabetic neuropathy, and osteoarthritis propels the market growth.

Furthermore, increase in number of surgical procedures and rise in healthcare expenditure are expected to fuel the growth of the market. However, drug exploitation, patent expiration of prescription pain medication drugs, and availability of substitutes such as pain relief devices restrain the market growth.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Pain Management Drugs Market Size
2.2 Pain Management Drugs Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Pain Management Drugs Market Size by Manufacturers
3.2 Pain Management Drugs Key Players Head office and Area Served
3.3 Key Players Pain Management Drugs Product/Solution/Service
3.4 Date of Enter into Pain Management Drugs Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Pain Management Drugs Sales by Product
4.2 Global Pain Management Drugs Revenue by Product
4.3 Pain Management Drugs Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Pain Management Drugs Breakdown Data by End User

Sameer Joshi
Call: US: +1-646-491-9876, Apac: +912067274191
Email: sales@premiummarketinsights.com

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