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Non-Steroidal Anti-inflammatory Drugs Market Report By Trends, Analysis And Global Outlook 2032 | Pfizer Inc., Bayer AG, GSK plc, Dr. Reddy's Laboratories Ltd., Viatris Inc.
Non-Steroidal Anti-Inflammatory Drugs Market Growth
The Business Research Company's Non-Steroidal Anti-Inflammatory Drugs Global Market Report 2023 identifies growing incidence of chronic pain as the major driver for the non-steroidal anti-inflammatory drugs market's growth in the forecast period. Chronic pain refers to discomfort that persists for more than six months. Non-steroidal anti-inflammatory drugs are used to heal injuries and treat chronic pain. For instance, in April 2022, according to the report of the CDC (Centers for Disease Control and Prevention), a US-based government agency, chronic pain was frequently caused by arthritis that affects millions of people in the US. Approximately one in four adults with arthritis among 15 million people are experiencing severe joint pain related to arthritis.
The growing incidence of chronic pain is expected to propel the growth of the non-steroidal anti-inflammatory drugs market going forward. Chronic pain refers to discomfort that persists for more than six months. Non-steroidal anti-inflammatory drugs are used to heal injuries and treat chronic pain. For instance, in April 2022, according to the report of the CDC (Centers for Disease Control and Prevention), a US-based government agency, chronic pain was frequently caused by arthritis that affects millions of people in the US. Approximately one in four adults with arthritis among 15 million people are experiencing severe joint pain related to arthritis. Therefore, the growing incidence of chronic pain is driving the growth of the non-steroidal anti-inflammatory drugs market.
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Major competitors in the Non-Steroidal Anti-Inflammatory Drugs market are Pfizer Inc., Bayer AG, GSK plc, Dr. Reddy's Laboratories Ltd., Viatris Inc., Teva Pharmaceutical Industries Ltd., Merck & Co Inc., Johnson & Johnson, Sun Pharmaceutical Industries Ltd., Assertio Therapeutics Inc., Sanofi S.A., AstraZeneca, Horizon Therapeutics plc, Iroko Pharmaceuticals Inc., Reckitt Benckiser Group PLC, F. Hoffmann-La Roche Ltd., Mylan N.V., and Novartis AG.
A key trend in the Non-Steroidal Anti-Inflammatory Drugs market includes Product innovation. Major companies operating in the non-steroidal anti-inflammatory drugs market are concentrating on creating new technology solutions. For instance, in May 2021, Ono and Seikagaku, a Japan-based company operating in non-steroidal anti-inflammatory drugs, launched JOYCLU, a 30 mg intra-articular injection. It is a formulation that uses Seikagaku's proprietary technology to chemically bind hyaluronic acid with diclofenac (an anti-inflammatory medication). It is intended to release diclofenac in the joint via hydrolysis, is licenced for the treatment of osteoarthritis, and is predicted to relieve symptoms after a four-week intra-articular injection.
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The Non-Steroidal Anti-Inflammatory Drugs market is segmented -
By Route of Administration: Oral, Topical, Other Route of Administration
By Disease Indication: Arthritis, Migraine, Ophthalmic Diseases, and Other Disease Indications
By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Non-Steroidal Anti-Inflammatory Drugs market.
The Business Research Company's "Global Non-Steroidal Anti-Inflammatory Drugs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Non-Steroidal Anti-Inflammatory Drugs Market Include:
1. Executive Summary
2. Non-Steroidal Anti-Inflammatory Drugs Market Characteristics
3. Non-Steroidal Anti-Inflammatory Drugs Market Trends And Strategies
4. Non-Steroidal Anti-Inflammatory Drugs Market - Macro Economic Scenario
5. Non-Steroidal Anti-Inflammatory Drugs Market Size And Growth
……
26. Africa Non-Steroidal Anti-Inflammatory Drugs Market
27. Non-Steroidal Anti-Inflammatory Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Non-Steroidal Anti-Inflammatory Drugs Market
29. Non-Steroidal Anti-Inflammatory Drugs Market Future Outlook and Potential Analysis
30. Appendix
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