Press release
Opioids to Account for Two-third Share in Postoperative Pain Management Market through 2031
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
Reverse Logistics Market to Reach US$ 1,156.1 Bn by 2032 as Key Players UPS, DHL …
The Reverse Logistics Market has emerged as a critical pillar of modern supply chain ecosystems, reshaping how businesses manage product returns, recycling, refurbishment, and disposal. As global commerce becomes increasingly customer-centric and sustainability-driven, reverse logistics has shifted from being a cost burden to a strategic advantage. Companies across retail, manufacturing, healthcare, electronics, and automotive sectors are investing heavily in structured reverse supply chains to recover value, enhance customer satisfaction, and…
Air Conditioning Compressor Market to Reach US$ 41.1 Bn by 2032, Persistence Mar …
The air conditioning compressor market is a core pillar of the global heating, ventilation, and air conditioning (HVAC) industry, serving as the mechanical heart of cooling systems across residential, commercial, and industrial applications. Compressors are responsible for circulating refrigerant through the cooling cycle, enabling heat exchange and temperature control in buildings, vehicles, and critical infrastructure. As global temperatures rise, urban populations expand, and living standards improve, the demand for reliable…
Screw Conveyor Market to Reach US$ 1,543.8 Mn by 2032, Persistence Market Resear …
The screw conveyor market has become a critical segment of the global material handling industry, driven by the accelerating pace of industrial automation and the growing need for efficient, reliable bulk material transport systems. Screw conveyors, also known as auger conveyors, are widely used across industries such as food processing, mining, construction, agriculture, chemicals, and wastewater treatment to move granular, semi-solid, and powder-based materials in a controlled and cost-effective manner.…
CRISPR Gene-Editing Market to Expand at 11.8% CAGR Through 2032, Reports Persist …
The CRISPR gene-editing market is experiencing unprecedented growth as advancements in genome editing continue to revolutionize medicine, agriculture, and biotechnology. CRISPR, short for clustered regularly interspaced short palindromic repeats, is a highly efficient technology that allows scientists to add, remove, or modify specific genes within an organism's DNA. Among the gene-editing tools available, CRISPR-Cas9 has emerged as the most widely adopted due to its accuracy, cost-effectiveness, and speed compared to…
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…