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Surge in Chronic Pain Cases Drive Growth in Pain Management Drugs Market - An Overview of Trends, Key Players, and Forecasts
Pain Management Drugs Market Size
What Is The Projected Market Size Of The Global Pain Management Drugs Market And Its Growth Rate?
- The market size for pain management drugs has seen a substantial growth in recent years.
- The market experienced a growth from $80.13 billion in 2024 to $84.51 billion in 2025 with a compound annual growth rate (CAGR) of 5.5%.
- The market is projected to grow to $106.56 billion in 2029 at a CAGR of 6.0%.
What Is Driving The Growth In The Pain Management Drugs Market?
The growth in the pain management drugs market can be attributed to the increase in surgical procedures globally. Surgery, a crucial medical intervention and a method to treat diseases, conditions or injuries, largely involves the use of the pain management drugs to control and mitigate post-operative pain. This significantly eases the patient's comfort and recovery. With rise in aesthetic surgeries across the globe, as reported by the International Society of Aesthetic Plastic Surgery that indicates an overall 11.2% increase in procedures with 14.9 million surgical procedures performed globally in 2022, the market for pain management drugs is expected to witness a steady rise.
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Who Are the Key Players Driving Pain Management Drugs Market Growth?
- Novartis AG
- Eli Lilly And Company
- Abbott Laboratories
- Endo International plc
- Pfizer Inc.
- Merck & Co. Inc.
- Johnson & Johnson Services Inc.
- GlaxoSmithKline plc
- AbbVie Inc.
- Bristol-Myers Squibb Company
- Teva Pharmaceutical Industries Ltd.
- AstraZeneca plc
- Bausch Health Companies Inc.
- Sanofi
- F. Hoffmann-La Roche Ltd.
- Boehringer Ingelheim, Mallinckrodt Pharmaceuticals
- Daiichi Sankyo Company Limited
- Grünenthal GmbH
- Mundipharma International Limited
- Sun Pharmaceutical Industries Ltd.
- Takeda Pharmaceutical Company Limited
- Zydus Cadila
- Lupin Pharmaceuticals Inc.
- Torrent Pharmaceuticals Ltd.
What Are The Key Trends In The Pain Management Drugs Market?
- The adoption of non-opioid alternatives
- Targeted therapies
- Precision medicine approaches
- Psychological interventions
- Focus on minimizing side effects
- Value-based care models
- Expanded access programs
- Combination therapies
- Innovative formulations
- Biosimilar pain drugs
What Are The Segments Of The Global Pain Management Drugs Market?
- By Drug Class: Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Anesthetics, Anticonvulsants, Anti-Migraine Agents, Antidepressants, Opioids, Nonnarcotic Analgesics
- By Indication: Arthritic Pain, Neuropathic Pain, Cancer Pain, Chronic Back Pain, Postoperative Pain, Migraine, Fibromyalgia, Muscle Sprain Or Strain, Bone Fracture, Other Indications
- By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Which Region Leads The Pain Management Drugs Market?
In 2024, North America held the mantle as the largest region in the pain management drugs market. However, during the forecast period, the Asia-Pacific region is expected to experience the fastest growth.
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What Is Covered In The Pain Management Drugs Market Global Market Report?
- Market Size Analysis: Analyze the Pain Management Drugs Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pain Management Drugs Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pain Management Drugs Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pain Management Drugs Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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