Press release
Analgesics Market To Reach USD 77.2 Billion by 2032 | Key players: Bayer AG, Novartis International AG, etc.
Analgesics Market
Request to get the sample report: https://www.imarcgroup.com/analgesics-market/requestsample
Analgesics Market Trends:
The global analgesics market is driven by the increasing prevalence of chronic diseases such as arthritis, cancer, and fibromyalgia, coupled with a rising aging population susceptible to various physical ailments requiring pain management solutions. The market benefits from significant advancements in pharmaceutical research that have led to the development of more effective and less addictive pain relief medications, addressing public health concerns about opioid dependency.
Additionally, the growing consumer preference for over-the-counter (OTC) analgesics for immediate relief from minor aches and pains contributes to market expansion. This trend is supported by the expanding retail pharmacy network globally, enhancing accessibility to these medications. Furthermore, the rise in surgical procedures and the subsequent need for post-operative pain management solutions also bolsters the demand for analgesics. Along with this, government initiatives to improve healthcare infrastructure and increase healthcare spending in emerging economies are further anticipated to propel market growth, making advanced pain relief more accessible to wider populations.
Leading Key Players Operating in the Analgesics Industry:
• Bayer AG
• Novartis AG
• GlaxoSmithKline PLC
• Pfizer Inc.
• Johnson & Johnson
• Reckitt Benckiser (RB)
• Endo Pharmaceuticals
• Bristol-Myers Squibb
• Eli Lilly and Company
• Sanofi
Analgesics Market Scope & Growth Analysis:
Regarding the scope and market growth analysis, the market is poised for significant expansion. This growth is underpinned by increasing healthcare expenditure and a heightened focus on effective pain management practices across the healthcare sector. The market is diversifying with innovations such as targeted therapy analgesics and biologics, which offer personalized pain management, catering to individual patient needs and minimizing side effects. The growing demand for non-opioid pain relievers, driven by heightened awareness and regulatory measures addressing opioid abuse, is fostering the development and adoption of safer, alternative analgesics.
Moreover, as global populations continue to age, the incidence of chronic conditions requiring pain management is expected to rise, further driving demand. Strategic collaborations between pharmaceutical companies for drug development and distribution are set to enhance market reach and therapeutic offerings, supporting sustained growth in the market.
Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/analgesics-market
Analgesics Market Report Segmentation:
By Type:
• Prescription
• Over the counter (OTC)
Prescription analgesics represented the largest segment due to the higher level of efficacy and potency offered by it compared to its over-the-counter (OTC) counterparts.
By Drug Class:
• Opioids
• NSAID
• Others
Opioids represented the largest segment due to the rising usage to manage pain.
By Route of Administration:
• Oral
• Parenteral
• Topical
• Transdermal
• Rectal
Oral represented the largest segment due to its convenience and ease of use.
By Pain Type:
• Musculoskeletal
• Surgical and Trauma
• Cancer
• Neuropathic
• Migraine
• Obstetrical
• Fibromyalgia
• Pain due to Burns
• Dental/Facial
• Pediatric
• Others
Musculoskeletal pain represented the largest segment due to the growing geriatric population.
By Application:
• Internal
• External
On the basis of application, the market has been divided into internal and external. Internal application of analgesics is suitable for various pain types, including headaches, post-surgical pain, and systemic conditions. On the other hand, the external application of analgesics is effective for musculoskeletal pain, joint pain, and surface injuries.
Regional Insights:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
North America's dominance in the market is due to growing healthcare infrastructure and rising healthcare expenditure.
Key highlights of the report:
• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Latest Research Report By IMARC Group:
• Fish Sauce Market Report 2024-2032 - https://www.imarcgroup.com/fish-sauce-market
• Fuel Cell Market Report 2024-2032 - https://www.imarcgroup.com/fuel-cell-market
• IT Training Market Report 2024-2032 - https://www.imarcgroup.com/it-training-market
• Mattress Market Report 2024-2032 - https://www.imarcgroup.com/mattress-market
• Metal Injection Molding Market Report 2024-2032 - https://www.imarcgroup.com/metal-injection-molding-market
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Analgesics Market To Reach USD 77.2 Billion by 2032 | Key players: Bayer AG, Novartis International AG, etc. here
News-ID: 3665345 • Views: …
More Releases from IMARC Group
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well…
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, an …
Bamboo fiber is a natural, eco-friendly textile material extracted from bamboo pulp through mechanical or chemical processing. Known for its softness, breathability, and antibacterial properties, it serves as a sustainable alternative to cotton and synthetic fibers. Bamboo fiber is widely used in textiles, home furnishings, hygiene products, and industrial applications. Its natural moisture absorption and biodegradability make it highly desirable for environmentally conscious consumers and industries seeking renewable raw materials…
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well…
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 202 …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Coal Market Report by Application (Electricity, Iron and Steel Industry, Others), Region (Java, Sumatra, Kalimantan, Sulawesi, Others) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The Indonesia coal market size reached…
More Releases for Analgesics
Key Influencer in the Analgesics Market 2025: Elevated Prevalence Of Chronic Dis …
"How Are the key drivers contributing to the expansion of the analgesics market?
The growing frequency of chronic health conditions fuels the expansion of the analgesics market. Analgesics, colloquially known as painkillers, are employed in combating extreme or long-lasting pain resulting from a variety of health disorders. For instance, a report from the World Health Organization (WHO) in September 2022 pointed out that chronic diseases, also dubbed noncommunicable diseases (NCDs), materialize…
Market Growth Opportunity in Analgesics
Global Analgesics Market: Overview
Analgesics, or painkillers, are used to reduce and treat aches and pains. Internal and external analgesics are used to combat pain resulting from inflammation, cancer treatments, physiological injury, neuropathic conditions, surgeries, wounds, and phantom aches. The most prominent therapeutic classes of analgesics are local anesthesia, nonsteroidal anti-inflammatory drugs (NSAIDs), and opioids. The growing incidence of cancer worldwide and the rise in chronic diseases are mainly responsible for…
Global Antipyretic Analgesics Market Demand 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Antipyretic Analgesics industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Antipyretic Analgesics and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
GLOBAL INFO RESEARCH has recently published a research report titled, [Global Antipyretic Analgesics Market 2020 by Company, Regions, Type and Application, Forecast to…
Narcotic Analgesics: Future of Chronic Pain Management
The development of tolerance for non-narcotic analgesics is the primarily reason behind the constantly increasing sales for narcotic analgesics. Attributing to the higher efficacy in pain management and quick onset of action, narcotic analgesics are largely used in palliative care services for treating patients suffering from neuropathic pain. Increasing focus on palliative care services in third world countries and readily available reimbursements are the key factors expected to boost the…
Analgesics Market - Global Industry Analysis 2024
Analgesics, or painkillers, are used to reduce and treat aches and pains. Internal and external analgesics are used to combat pain resulting from inflammation, cancer treatments, physiological injury, neuropathic conditions, surgeries, wounds, and phantom aches. The most prominent therapeutic classes of analgesics are local anesthesia, nonsteroidal anti-inflammatory drugs (NSAIDs), and opioids. The growing incidence of cancer worldwide and the rise in chronic diseases are mainly responsible for the consistent growth…
Global Antipyretic Analgesics Sales Market Report 2017
This report studies sales (consumption) of Antipyretic Analgesics in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
Crown Pharmaceuticals
Medipaams India
SRS Pharmaceuticals
Umang Pharma
YaoPharma
...
Market Segment by…
