Press release
Best Pain Management Drugs (Medicine) Brands in World | By IMARC Group
Pain Management Drugs Companies
Pain management drugs represent a class of medications utilized to prevent, reduce, and manage pain associated with surgeries, injuries, or diseases. They can be categorized into anesthetics, anticonvulsants, antimigraine agents, antidepressants, opioids, etc. These pain management drugs bind to pain receptors through a distinctive physiological mechanism and offer relief from distressing feelings and ensure improved pain management. Consequently, they find extensive applications in healthcare establishments across the globe.
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Pain Management Drugs Industry Growth Analysis:
The expanding prevalence of numerous chronic illnesses, including osteoarthritis, arthritis, cancer, diabetic neuropathy, multiple sclerosis, etc., is among the key factors driving the top 10 pain management drugs companies worldwide. Additionally, the growing geriatric population that is highly susceptible to getting inflicted with such ailments is acting as another significant growth-inducing factor. Apart from this, the increasing demand-supply gap for neuropathic pain management medicines and the escalating focus among leading manufacturers to introduce advanced therapies and innovative pain management products to address the gaps in technology solutions for patient diagnostics and management is also positively influencing the market growth.
Moreover, the rising expenditure in research and development (R&D) activities to engineer newer drug delivery systems and safer medications is further stimulating the global market. Besides this, the introduction of highly effective generic versions of pain management medicines in several dosage forms, the launch of non-opioid drugs with mechanisms of action, and the elevating fast-track market approval of new medications by government bodies in various countries are expected to propel the top 10 pain management drugs companies worldwide over the forecasted period.
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Top Pain Management Drugs Companies:
1. Abbott Laboratories Inc.
Establishment: 1888
Headquarter: Chicago, United States
2. Pfizer Inc.
Establishment: 1849
Headquarter: New York, United States
3. Eli Lilly & Company
Establishment: 1876
Headquarter: Indianapolis, United States
4. Endo International plc
Establishment: 1997
Headquarter: Dublin, Ireland
5. F. Hoffmann-La Roche AG
Establishment: 1896
Headquarter: Basel, Switzerland
6. Bausch Health Companies Inc.
Establishment: 1959
Headquarter: Laval, Canada
7. Merck & Co. Inc.
Establishment: 1987
Headquarter: Kenilworth, New Jersey, United States
8. Allergen Inc.
Establishment: 1950
Headquarter: Dublin, Ireland
9. Novartis International AG
Establishment: 1996
Headquarter: Basel, Switzerland
10. Johnson & Johnson
Establishment: 1957
Headquarter: New Brunswick, New Jersey, United States
11. GlaxoSmithKline Plc
Establishment: 2000
Headquarter: Brentford, United Kingdom
12. Purdue Pharma L.P.
Establishment: 1892
Headquarter: Stamford, Connecticut, United States
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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