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Global Aspirin Market Growth Prospects, Future Industry Landscape 2032 | Bayer AG, Allegiant Health, Par Pharmaceutical, Cardinal Health, Inc., Nanjing pharmaceutical factory Co. Ltd
Aspirin Global Market Report
The Business Research Company's Aspirin Global Market Report 2023 identifies 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.
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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Major players in the aspirin market are 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.
A key trend in the Aspirin market includes the Product innovation is a key trend gaining popularity in the aspirin market. Major companies operating in the aspirin market are introducing innovative products such as VAZALORE™ liquid-filled aspirin capsules to sustain their position in the market.
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The Aspirin market is segmented -
1) By Product: Prescription, OTC
2) By Route Of Administration: Oral, Rectal, Parenteral
3) By Dosage Form: Tablets, Capsules, Injections, Suppositories
4) By Application: Cardiovascular Disease, Pain, Fever, O Inflammation, Other Applications
5) 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.
The Business Research Company's "Global Aspirin 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 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
……
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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