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Analgesics Industry Growth Analysis US$ 80.50 Billion by 2032 | Most Leading Companies - Bayer AG, Teva Pharmaceuticals USA, Inc., Dr. Reddy's Laboratories Ltd., Hikma Pharmaceuticals PLC
The Global Analgesics Market reached US$ 56.02 billion in 2024 and is expected to reach US$ 80.50 billion by 2032, growing at a CAGR of 4.1% during the forecast period 2025-2032.Analgesics Market, as detailed in the DataM Intelligence report, presents a strategic overview of the industry backed by in-depth data and market trends. The study highlights the performance and positioning of major players, focusing on their offerings, pricing models, financial outcomes, and growth strategies. It serves as a concise yet insightful reference for understanding the current landscape and future direction of the market.
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Market Overview:
Analgesics, commonly known as painkillers, are medications designed to relieve pain without causing loss of consciousness. They include various types such as NSAIDs, acetaminophen, and opioids, each targeting pain differently.
List of the Key Players in the Analgesics Market:
Bayer AG, Teva Pharmaceuticals USA, Inc., Dr. Reddy's Laboratories Ltd., Hikma Pharmaceuticals PLC, Lupin, Cipla, Sanofi, AdvaCare Pharma, Wellona Pharma, and Montage Laboratories Pvt. Ltd. among others.
Analgesics Market Development:
In February 2024, Hikma Pharmaceuticals PLC (Hikma) introduced COMBOGESIC IV in the U.S. market-an intravenous, opioid-free pain relief solution combining 1,000 mg of acetaminophen and 300 mg of ibuprofen, a widely used nonsteroidal anti-inflammatory drug (NSAID).
In September 2024, Mankind Pharma's consumer business arm launched Nimulid Strong, available in both gel and spray formats, specifically targeting neck pain-a condition known to affect overall physical functionality. This move marks Mankind Pharma's entry into the topical analgesics market.
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Segment Covered in the Analgesics Market:
By Type: Non-opioid Analgesics, Opioid Analgesics, Compound Analgesics
By Pain Type: Acute, Chronic
By Application: Cancer Pain, Surgical pain, Neuropathic Pain, Others
Regional Analysis for Analgesics Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Frequently asked questions:
➠ What are the global sales, production, consumption, import, and export figures for the Analgesics market?
➠ Who are the key global manufacturers, and how are they performing operationally?
➠ What opportunities and risks do vendors face in the Analgesics market?
➠ Which product types or end-users show the most growth potential, and what are their market shares?
➠ What factors are driving or limiting growth in the Analgesics market?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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