Press release
Pain Management Drugs Market is Estimated to Reach USD 33.16 Billion By 2030: Cognitive Market Research
Pain Management Drugs Market is Estimated to Reach USD 33.16 Billion By 2030: Cognitive Market Research
Pain Management Drugs are serious to mild pain conditions such as back pain, neck pain, and pain from cancer. Pain management involves reducing and treating pain by using a given range of medications. Chronic pain is a highly prevalent pain disorder, which is mainly treated by these medications. The medical management of pain diseases is patient-specific and is highly dependent on individual patients' symptoms.
Summary:
• Global Pain Management Drugs Market Size Was Valued at USD 26.71 Billion In 2023 And Is Expected to Grow at A CAGR Of 4.31 % During the Forecast Period, Reaching USD 33.16 Billion By 2030.
• Based on drug class, the opioids segment has the largest revenue share in the U.S. pain management drugs market.
• Based on indication, the post-operative pain segment has the largest revenue share in the U.S. pain management drugs market.
• Based on the type of pain, the chronic pain segment has the largest revenue share in the U.S. pain management drugs market.
• North America has the largest revenue share in the pain management drugs market.
To know more The Pain Management Drugs Market statistics click here: https://www.cognitivemarketresearch.com/pain-management-drugs-market-report
Market Dynamics:
The increasing prevalence of muscle stress disorders including neck pain, shoulder, groin pain, and hamstring in the U.S. is the major factor expected to drive the growth of the target market. However, the increasing availability of alternative therapies such as pain management devices chiropractic manipulation, and acupuncture hamper the growth of the U.S. pain management drugs market. Furthermore, the increasing prevalence of acute appendicitis in the U.S. creates growth opportunities for the U.S. pain management drugs market.
Segmentation Analysis:
Drug Class:
• NSAIDS
• Anesthetics
• Anticonvulsants
• Antimigraine drug
• Antidepressants
• Opioids
• Non-narcotic analgesics
Based on drug class, the opioids segment has the largest revenue share in the U.S. pain management drugs market. This is due to the increasing use of these medications for major pain conditions and awareness about opioids.
Indication:
• Arthritic Pain
• Neuropathic Pain
• Cancer Pain
• Chronic Back Pain
• Post-operative Pain
• Migraine
• Fibromyalgia
• Bone fracture
• Muscle sprain/strain
• Acute appendicitis
• Others
Based on indication, the post-operative pain segment has the largest revenue share in the U.S. pain management drugs market. This is due to increasing the number of lifesaving surgeries expected to drive the growth of the post-operative pain segment.
Pain Type:
• Chronic pain
• Acute pain
Based on the type of pain, the chronic pain segment has the largest revenue share in the U.S. pain management drugs market. This is due to the increasing prevalence of chronic pain conditions such as back pain, and pain related to cardiovascular diseases. In addition, an increasing number of geriatric populations suffering from chronic pain in the U.S. is expected to drive the growth of the chronic pain segment.
Distribution Channel:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
Competitive Analysis for Pain Management Drugs Market:
Pfizer (United States) , GSK (United Kingdom) , Grunenthal (Germany) , Bayer (Germany) , Sanofi (France) , Eli Lilly (United States) , AstraZeneca (United Kingdom) , Endo (Ireland) , Merck (United States) , Depomed (United States) , Yunnan Baiyao , Teva , J&J , Allergan , Purdue
Get free sample pages of latest published Pain Management Drugs Market Report: https://www.cognitivemarketresearch.com/pain-management-drugs-market-report
North America accounted for the largest share of the pain management drugs market
North America has the largest revenue share in the pain management drugs market. This is attributed to the increasing number of the aging population, drug abuse cases, and the addictive nature of opioids in the region.
News:
Myovant Sciences and Pfizer Inc. has received U.S. FDA approval of myfembree
In August 2022, Myovant Sciences and Pfizer Inc. have announced that the U.S. FDA has approved MYFEMBREE, a one-pill, once-a-day treatment for the management of moderate to severe pain associated with endometriosis in pre-menopausal women treatment duration of up to 24 months.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Pain Management Drugs Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Pain Management Drugs Market Segmentation
1.5.1 Pain Management Drugs Market Regional Fragmentation
1.5.1 Pain Management Drugs Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Pain Management Drugs Market
• 3.1 Global Pain Management Drugs Market Size 2018 - 2030, (USD Million)
• 3.2 Global Pain Management Drugs Market Statistics 2022: Snapshot
Chapter 4 Global Pain Management Drugs Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Pain Management Drugs Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Pain Management Drugs Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Pain Management Drugs Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 11 Global Pain Management Drugs Market by Drug Class Segmentation Analysis (2018-2030)
Chapter 12 Global Pain Management Drugs Market Regional Analysis
Chapter 13 North America Pain Management Drugs Market Outlook (2018 - 2030)
Chapter 14 Europe Pain Management Drugs Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Pain Management Drugs Market Outlook (2018 - 2030)
Chapter 16 Latin America Pain Management Drugs Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Pain Management Drugs Market Outlook (2018 - 2030)
Chapter 18 Research Findings
To know more Pain Management Drugs Market TOC click here: https://www.cognitivemarketresearch.com/pain-management-drugs-market-report#table_of_contents
Related Report:
• Veterinary Pain Management Drugs Market- https://www.cognitivemarketresearch.com/veterinary-pain-management-drugs-market-report
• Pain Management Drugs & Devices Market- https://www.cognitivemarketresearch.com/pain-management-drugs-%26-devices-market-report
• Pet Pain Management Drug- https://www.cognitivemarketresearch.com/pet-pain-management-drugs-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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