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Analgesics Global Market Industry Growth, Key Players Analysis Witness the Highest Growth Globally in Coming Years 2023-2032 | Bayer Healthcare, Pfizer, Sanofi, Novartis AG, GlaxoSmithKline PLC.
Analgesics Market
The Business Research Company's Analgesics Global Market Report 2023 identifies the A significant rise in the prevalence of chronic diseases is driving the analgesics Market. Analgesic drugs, also known as painkillers, are used to treat and reduce chronic or severe pain in the body resulting from various medical conditions.
The global analgesics market size will grow from $111.15 billion in 2022 to $115.13 billion in 2023 at a compound annual growth rate (CAGR) of 3.6%. 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 market size for the global analgesics size is expected to grow to $127.80 billion in 2027 at a CAGR of 2.6%.
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Major players in the analgesics market are Bayer Healthcare, Pfizer, Sanofi, Johnson & Johnson, Novartis AG, GlaxoSmithKline PLC., Reckitt Benckiser (RB), Endo Pharmaceuticals, Bristol-Myers Squibb, and Eli Lilly and Company.
The growth of the analgesics market is restricted by the increasing use of biologics for the treatment of inflammatory and neuropathic pain. Biologics are drugs produced from living organisms and include several components derived from humans, animals, or microorganisms.
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The Rear-View Mirror market is segmented -
• By Type: Non-opioids, Opioids
• By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores
• By Route of Administration: Oral, Intravenous, Rectal, Transdermal, Topical
• By Drug Type: Prescription Analgesics, OTC Analgesics
• By Application: Internal Analgesics, External Analgesics
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Analgesics market.
The Business Research Company's "Global Analgesics 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 Analgesics Market Include:
1. Executive Summary
2. Analgesics Market Characteristics
3. Analgesics Market Trends And Strategies
4. Analgesics Market - Macro Economic Scenario
5. Analgesics Market Size And Growth
.....
26. Africa Analgesics Market
27. Analgesics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Analgesics Market
29. Analgesics Market Future Outlook and Potential Analysis
30. Appendix
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