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Leading Element Driving Change in the Pain Management Drugs Market in 2025: Surge In Surgeries Fueling The Pain Management Drugs Market Driver
Pain Management Drugs Market
An upsurge in the volume of surgical procedures is predicted to stimulate the progression of the pain management drugs market. Surgical operations are defined as medical treatments involving the incision or penetration of the body's tissues to cure diseases, modify body functions or improve aesthetics. Pain management medications are essential during surgery as they control and alleviate post-operative discomfort, significantly enhancing patients' comfort and recovery. Case in point, the Global Survey 2022 report published by the International Society of Aesthetic Plastic Surgery, a professional body for board-certified aesthetic plastic surgeons in the US, in September 2023 illustrated an overall surge of 11.2% in procedures undertaken by plastic surgeons in 2022. It revealed that globally over 14.9 million surgical procedures were executed. In the previous four years, aesthetic surgery saw a consistent ascension, marking a 41.3% escalation. Thus, this increased rate of surgeries acts as a growth catalyst for the pain management drugs market.
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What Is the projected market size and growth rate for the pain management drugs market?
In recent years, the market size for pain management drugs has seen robust growth. From $80.13 billion in 2024, it is projected to increase to $84.51 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.5%. Factors contributing to this historic period of growth include a surge in chronic pain cases, an increase in instances of cancer, a rise in surgical procedures, advancements in pain assessment, and governmental initiatives.
In the coming years, the market size for pain management drugs is projected to experience robust expansion. It is predicted to reach $106.56 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.0%. Several factors contributing to this growth during the forecast period include non-opioid alternatives, targeted treatments, precision medicine tactics, psychological interventions, and an emphasis on reducing side effects. Key trends to watch for during the forecast period encompass value-based care models, increased access programs, combined therapies, innovative formulations, and biosimilar pain medications.
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What new trends are reshaping the pain management drugs market and its opportunities?
The march of technology is a pivotal trend making waves in the market for pain relief drugs. As a key strategy, leading firms in this sector are investing in the creation of new technologies. For example, in October 2024, American biotech firm Vertex Pharmaceuticals declared significant strides made in their drug, Suzetrigine (VX-548), intended to treat acute and neuropathic pain. This innovative medicine seeks to offer potent pain relief without the adverse reactions commonly linked to conventional painkillers. Suzetrigine's advent is anticipated to augment treatment alternatives for patients grappling with a range of painful disorders, thus enhancing their standard of living. By propelling this avant-garde treatment, Vertex is setting its sights on fulfilling unfulfilled medical requirements in the field of pain control, thereby establishing itself as a frontrunner in the pharmaceutical domain.
What major market segments define the scope and growth of the pain management drugs market?
The pain management drugs market covered in this report is segmented -
1) By Drug Class: Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Anesthetics, Anticonvulsants, Anti-Migraine Agents, Antidepressants, Opioids, Nonnarcotic Analgesics
2) By Indication: Arthritic Pain, Neuropathic Pain, Cancer Pain, Chronic Back Pain, Postoperative Pain, Migraine, Fibromyalgia, Muscle Sprain Or Strain, Bone Fracture, Other Indications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Non-Steroidal Anti-Inflammatory Drugs (NSAIDs): Ibuprofen, Naproxen, Aspirin, Diclofenac, ket*orolac
2) By Anesthetics: Local Anesthetics, General Anesthetics
3) By Anticonvulsants: Gabapentin, Pregabalin, Carbamazepine, Topiramate
4) By Anti-Migraine Agents: Triptans, Ergot Alkaloids, CGRP Inhibitors
5) By Antidepressants: Tricyclic Antidepressants, SNRIs
6) By Opioids: Morphine, Oxycodone, Hydrocodone, Fentanyl
7) By Nonnarcotic Analgesics: Acetaminophen, Aspirin, Other Analgesics
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Which region dominates the pain management drugs market?
North America was the largest region in the pain management drugs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the pain management drug market report during the forecast period. The regions covered in the pain management drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the pain management drugs industry growth?
Major companies operating in the pain management drugs market include 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.
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What Is Covered In The Pain Management Drugs Global Market Report?
• Market Size Forecast: Examine the pain management drugs market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the pain management drugs market for a structured understanding.
• Key Players Overview: Analyze major players in the pain management drugs market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the pain management drugs market.
• Segment Contributions: Evaluate how different segments drive overall growth in the pain management drugs market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the pain management drugs market.
• Industry Challenges: Identify potential risks and obstacles affecting the pain management drugs market.
• Competitive Landscape: Review strategic developments in the pain management drugs market, including expansions, agreements, and new product launches.
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