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Analgesics Market Size 2022, Share Estimation, Future Demands and Supply Forecast 2030

09-14-2022 01:56 PM CET | IT, New Media & Software

Press release from: Report Ocean

Global Analgesics Market to reach USD $billion by 2027.Global Analgesics Market is valued at approximately USD $billion in 2020 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2021-2027.

Analgesics, also known as painkillers or pain relievers, are drugs that help in relieving pain without affecting consciousness, altering sensory perception, or blocking nerve impulse conduction. Increasing usage of pain relief, pain management and painkillers, growing geriatric population has led to the adoption of Analgesics across the forecast period.

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For Instance: In 2017, between 950-1000 million people were over the age of 60. However, by 2050, these numbers are expected to reach 2100 million, accounting for around 21% of the total global population. Also, with the rising incidence of cancer worldwide, the adoption & demand for Analgesics is likely to increase the market growth during the forecast period. However, government regulations impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Analgesics market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North-America is the leading region across the world in terms of market share owing to rising penetration of generics, coupled with the growing healthcare expenditure in the region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as growing geriatric population would create lucrative growth prospects for the Analgesics market across Asia-Pacific region.

Major market players included in this report are:
Sanofi SA
Bayer AG
Novartis International AG
GlaxoSmithKline PLC
Pfizer Inc.
Johnson & Johnson Pvt. Ltd.
Reckitt Benckiser (RB) Group PLC
Endo Pharmaceuticals PLC
Bristol-Myers Squibb Company
Eli Lilly and Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Type:

Non-Opioids
Opioids
By Administration:
Oral
Intravenous
Rectal
Transdermal
Topical
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Table of Content

Executive Summary
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Risk Assessment: COVID-19 Impact
Market Segmentation
Regional Analysis
Competitive Intelligence
Research Process
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We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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