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Aspirin Market Outlook, Size, Share, Industry Trends, Report And Global Forecast 2023-2032
Aspirin Market Report
Aspirin Market Size, Growth Rate, And Forecast:
The global aspirin market size is expected to grow from $2.36 billion in 2022 to $2.45 billion in 2023 at a compound annual growth rate (CAGR) of 4.14%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aspirin market size is expected to grow to $2.92 billion in 2027 at a CAGR of 4.41%.
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Aspirin Market Drivers:
The increasing prevalence of arthritis is expected to propel the growth of the aspirin market going forward. Arthritis is a medical condition in which a patient suffers from pain and swelling in the joints. Aspirin is a nonsteroidal anti-inflammatory medicine that helps people with chronic pain from arthritis and other conditions by reducing inflammation, reducing pain, and improving function. Increasing arthritis patients directly increases the use of aspirin.
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Aspirin Market Segments
•By Product: Prescription, OTC
•By Route Of Administration: Oral, Rectal, Parenteral
•By Dosage Form: Tablets, Capsules, Injections, Suppositories
•By Application: Cardiovascular Disease, Pain, Fever, O Inflammation, Other Applications
•By End User: Hospitals, Clinics, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Aspirin market.
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Aspirin Market Key Players:
Major competitors in the aspirin market include Bayer AG, Allegiant Health, Par Pharmaceutical, Cardinal Health, Inc., Nanjing pharmaceutical factory Co. Ltd., JQC (Huayin) Pharmaceutical Co., Ltd., LNK International, Inc., Bal Pharma Limited, Trumac Healthcare, Perrigo Company PLC, Alta Laboratories Ltd., Zhenjiang Gaopeng Pharmaceutical Co., Ltd., J.M. Loveridge Ltd., Mayne Pharma Group Limited and St. Joseph's Aspirin.
The Business Research Company's "Global Aspirin Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Aspirin Market Include:
1. Executive Summary
2. Aspirin Market Characteristics
3. Aspirin Market Trends And Strategies
4. Aspirin Market - Macro Economic Scenario
5. Aspirin Market Size And Growth
....
26. Africa Aspirin Market
27. Aspirin Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aspirin Market
29. Aspirin Market Future Outlook and Potential Analysis
30. Appendix
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