openPR Logo
Press release

Opioids to Account for Two-third Share in Postoperative Pain Management Market through 2031

09-30-2022 08:59 PM CET | Health & Medicine

Press release from: Persistence Market Research

Rising prevalence of postoperative pain, emergence of potential treatment therapies, and development of novel drug delivery approaches are some of the many factors that are expected to drive the growth of the global postoperative pain management market. The market is currently valued at 35.5 Bn, and is expected to witness steady growth during the forecast period at a CAGR of around 5% (2022-2031).

Postoperative pain may cause severe problems such as respiratory, cardiovascular, endocrine, and metabolic dysfunctions, and thus, postoperative pain management is necessary. Growing number of surgical procedures and increasing awareness about postoperative pain management are expected to act as key factors for market growth. According to the National Center for Health Statistics, out of the total surgical procedures, half need postoperative pain management, which provides a high opportunity for market players.

Want Insights To Postoperative Pain Management Market? Ask For Sample! https://www.persistencemarketresearch.com/samples/24259

All opioid-based postoperative pain management drugs have substantial adverse effects that are limiting their use. As per CDC, 56,064 people died due to prescription opioid overdose in 2021. Growing incidence of drug overdose and side effects related to postoperative pain management drugs are expected to stunt overall growth of the market to some extent. However, drug manufacturers are focusing on the development of non-opioid drugs with a novel drug delivery approach for extended-release of medications, which can provide relief from postoperative pain for a longer duration of time.

Key Takeaways from Market Study

Owing to the efficacy of opioid drugs in providing intense pain relief, the opioids segment held more than 2/3 of the global market in 2021.
Oral route of administration accounted for 37% of the global market share in 2021.
Retail pharmacies and hospitals together as distribution channel partners held more than half of the global market share in 2021.
North America held nearly half of the global postoperative pain management market share in 2021.

"Surge in number of patients undergoing surgical procedures, rising prevalence of postoperative pain, increasing treatment rate of postoperative pain, and commercial availability of abuse-deterrent opioid drugs are expected to drive market growth over the decade," says a Persistence Market Research analyst.

Planning To Conclude Your Strategy On A Decisive Note In The Postoperative Pain Management Market? Glance Through The "Methodology" Implied! https://www.persistencemarketresearch.com/methodology/24259

Who is Winning?

Various companies manufacturing postoperative pain management drugs are collaborating with different pharmaceutical companies for the development of non-opioid-based analgesics, and also with organizations for developing integrated approaches toward pain management, and the prevention of diversion of prescription opioid medications and the signs of potential abuse or addiction associated with opioid medications.

With the ongoing opioid epidemic in the U.S., all major manufacturers are also focusing on developing novel analgesic drugs for postoperative pain management.

For instance, in 2020, Haihe Pharmaceutical Co. Ltd. signed an agreement with 3D Biomedicine Science & Technology Co. Ltd. to outsource the China rights for its RMX-1001 and RMX-1002 non-opioid analgesics candidates.

Key market players are Teva Pharmaceutical Industries Ltd., Allergan plc, Pfizer Inc., Novartis AG, Mylan N.V., Purdue Pharma L.P, Pacira Pharmaceuticals Inc., Endo International plc, Egalet Corporation GlaxoSmithKline Plc, and Janssen Pharmaceuticals, Inc.

Click The "Purchase Now" Button Of Our Postoperative Pain Management Market Report! https://www.persistencemarketresearch.com/checkout/24259

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Opioids to Account for Two-third Share in Postoperative Pain Management Market through 2031 here

News-ID: 2755434 • Views:

More Releases from Persistence Market Research

Fan-Out Wafer Level Packaging Market to Reach US$5.93 Bn by 2032: Growth Driven by Rising Demand for High-Performance Semiconductors
Fan-Out Wafer Level Packaging Market to Reach US$5.93 Bn by 2032: Growth Driven …
The global fan-out wafer level packaging (FOWLP) market is witnessing rapid expansion as the semiconductor industry continues to push the limits of performance, miniaturization, and energy efficiency. Fan-out wafer level packaging, a next-generation semiconductor packaging technology, offers significant advantages over traditional packaging techniques by enabling higher input/output (I/O) density, reduced package thickness, and enhanced electrical performance. As consumer electronics, automotive electronics, and advanced computing devices demand faster and more compact
Hydrogen Tube Trailer Market to Reach US$ 651.9 Mn by 2032: Growth Driven by Rising Hydrogen Energy Demand
Hydrogen Tube Trailer Market to Reach US$ 651.9 Mn by 2032: Growth Driven by Ris …
The global hydrogen tube trailer market is experiencing remarkable growth, fueled by the expanding hydrogen economy and increasing demand for efficient and safe hydrogen transportation solutions. As hydrogen continues to emerge as a critical component in the global energy transition toward low-carbon and renewable fuels, the need for advanced logistics infrastructure-including high-capacity tube trailers-has become increasingly essential. According to the latest study by Persistence Market Research, the global hydrogen tube trailer
Paraffin Wax Market to Reach US$9.73 Billion by 2032, Driven by Growing Demand in Packaging, Candles, and Personal Care
Paraffin Wax Market to Reach US$9.73 Billion by 2032, Driven by Growing Demand i …
The global paraffin wax market is experiencing a robust expansion, fueled by its versatile applications across a wide range of industries such as packaging, candle manufacturing, cosmetics, and pharmaceuticals. Paraffin wax, a petroleum-derived material known for its translucency, water resistance, and smooth texture, continues to be an indispensable ingredient in both industrial and consumer products. According to the latest study by Persistence Market Research, the global paraffin wax market size is
Coil Coatings Market to Reach US$5.3 Billion by 2032: Growth Driven by Expanding Construction and Automotive Sectors
Coil Coatings Market to Reach US$5.3 Billion by 2032: Growth Driven by Expanding …
The global coil coatings market is witnessing sustained growth, driven by rising demand from the construction, automotive, and appliance manufacturing industries. Coil coatings-also known as pre-painted metal coatings-are applied to metal sheets and strips before fabrication, offering enhanced durability, corrosion resistance, and aesthetic appeal. These coatings not only improve product lifespan but also reduce environmental impact by minimizing waste and VOC (volatile organic compound) emissions compared to traditional post-painting methods. According

All 5 Releases


More Releases for Pharma

Miglitol Market Size, Share and Forecast By Key Players-Weiao Pharma, Zhejiang M …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Miglitol market is anticipated to grow at a compound annual growth rate (CAGR) of 11.49% between 2024 and 2031. The market is expected to grow to USD 22.32 Billion by 2024. The valuation is expected to reach USD 47.79 Billion by 2031. The Miglitol market is experiencing significant growth due to the rising prevalence of diabetes and the increasing awareness of the
Dacarbazine Market Size, Share and Forecast By Key Players-Lingnan Pharma, Ruiyi …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Dacarbazine market is anticipated to grow at a compound annual growth rate (CAGR) of 14.63% between 2024 and 2031. The market is expected to grow to USD 25.32 Billion by 2024. The valuation is expected to reach USD 65.84 Billion by 2031. The Dacarbazine market is projected to witness significant growth in the coming years, driven by increasing
Dacarbazine Market Size, Share and Forecast By Key Players-Lingnan Pharma, Ruiyi …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Dacarbazine market is anticipated to grow at a compound annual growth rate (CAGR) of 14.63% between 2024 and 2031. The market is expected to grow to USD 25.32 Billion by 2024. The valuation is expected to reach USD 65.84 Billion by 2031. The dacarbazine market is experiencing steady growth, driven by the rising incidence of cancer globally. As
Epilepsy Pipeline Assessment 2024: Therapies, Clinical Trials, and Market Insigh …
(Las Vegas, Nevada, United States) As per DelveInsight's assessment, globally, Epilepsy pipeline constitutes 75+ key companies continuously working towards developing 90+ Epilepsy treatment therapies, analysis of Clinical Trials, Therapies, Mechanism of Action, Route of Administration, and Developments analyzes DelveInsight. The Epilepsy Pipeline report embraces in-depth commercial and clinical assessment of the pipeline products from the pre-clinical developmental phase to the marketed phase. The report also covers a detailed description of the
Global Indomethacin Market Seeking Excellent Growth by 2028 | Ratiopharm, Merck, …
"IBI has published a report entitled Global Indomethacin Market Research Report which provides comprehensive data on emerging trends, market drivers, growth opportunities, and barriers that could change the dynamics of the industry market. It provides an in-depth analysis of market segments which includes the product, application, and competitor analysis. Click Here To Order A Sample Copy Of Indomethacin Global Market Report : https://www.infinitybusinessinsights.com/request_sample.php?id=380382 The Indomethacin Global Market Research Report provides close monitoring
Roxatidine Market 2020: Top Companies Analysis To Grow Healthcare Business by 20 …
Business Industry Reports Research has recently announced a report on Global Roxatidine Market based on the Category Industry. The Roxatidine Market report emphasizes various key aspects, which include growth drivers, restraints, opportunities and recent market trends for the forecast period 2020-2024. Global Roxatidine Market overview: Business Industry Reports Analyst covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the