Press release
Prescription Pain Medication Market Size Projected To Reach 97.23 Billion By 2034 With A Cagr Of 5.7%
Prescription Pain Medication Market Growth
What Is the Projected Growth of the Prescription Pain Medication Market?
The market size for prescription pain medication has seen robust growth in the past couple of years. The anticipated growth is from $73.59 billion in 2024 to a projected $77.97 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.9%. Factors contributing to this growth experienced in the past include a surge in chronic pain cases, an increase in surgical procedures, an intensified focus on palliative care, and a rise in musculoskeletal disorder incidences.
There is a forecasted robust expansion in the prescription pain medication market in the upcoming years, with projected growth to reach $97.23 billion by 2029, increasing at a compound annual growth rate (CAGR) of 5.7%. The predicted surge during the forecast period can be credited to the escalating demand for specialized medication, increased emphasis on pain management post-trauma, wider acceptance of telemedicine techniques for pain control, an increased count of patients preferring non-opioid alternatives, and a higher incidence of neuropathic pain. Major emerging trends for the forecast period encompass the development of non-opioid alternate pain medication, incorporation of digital health tactics, pioneering targeted pain treatment methods, the creation of combination analgesics, and advancements in non-addictive pain therapies.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/customise?id=24385&type=smp
What Are the Different Prescription Pain Medication Market Segments?
The prescription pain medication market covered in this report is segmented -
1) By Type: Prescription Non-Steroidal Anti-Inflammatory Drugs, Opioids, Anti-Epileptic Medicines, Antidepressants, Other Types
2) By Route Of Administration: Oral, Injectable, Transdermal, Other Route Of Administrations
3) By Application: Neuropathic Pain, Cancer Pain, Post-Operative Pain, Other Applications
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Prescription Non-Steroidal Anti-Inflammatory Drugs: COX-2 Inhibitors, Traditional Non-Steroidal Anti-Inflammatory Drugs, Combination Non-Steroidal Anti-Inflammatory Drugs
2) By Opioids: Strong Opioids, Mild Opioids, Opioid Combination Medications
3) By Anti-Epileptic Medicines: Sodium Channel Blockers, Gamma-Aminobutyric Acid Modulators, Glutamate Inhibitors
4) By Antidepressants: Selective Serotonin Reuptake Inhibitors, Tricyclic Antidepressants, Serotonin-Norepinephrine Reuptake Inhibitors, Other Antidepressants
5) By Other Types: Muscle Relaxants, Topical Pain Medications, Corticosteroids
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=24385&type=smp
What Are the Primary Drivers Shaping the Prescription Pain Medication Market?
The anticipated growth of the prescription pain medication market is largely attributed to the escalating rates of arthritis. Arthritis, characterized by joint inflammation resulting in pain, swelling, stiffness, and a limited range of motion, is often triggered by obesity. Excessive body weight intensifies the strain on joints, especially the knees, and promotes inflammation. Prescription pain meds play a significant role in managing arthritis by reducing inflammation and pain, fostering better joint performance, and enhancing the overall life quality of those affected. For illustration, in March 2023, data from the Office for Health Improvement and Disparities, a UK government agency, showed in 2022, arthritis or ongoing back or joint issues impacted 17.6% of individuals aged 16 and older, a rise from 17.0% in 2021. Consequently, the mounting occurrence of autoimmune disorders is spurring the expansion of the prescription pain meds market.
Which Companies Are Leading in the Prescription Pain Medication Market?
Major companies operating in the prescription pain medication market are Mallinckrodt Public Limited Company, Pfizer Inc., Johnson And Johnson, Merck And Co. Inc., AbbVie Inc., Bayer AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca plc, Novartis International AG, GlaxoSmithKline Public Limited Company, Takeda Pharmaceutical Company Limited, Eli Lilly And Company, Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim GmbH, Mylan N.V., Sandoz, Inc, Bausch Health Companies Inc., Purdue Pharma L.P., Endo International Plc
What Prescription Pain Medication Market Trends Are Gaining Traction Across Different Segments?
Top firms in the prescription pain medication market are prioritizing the development of alternative treatments, like non-opioid pain relievers, to address rising anxieties about opioid dependency and enhance patient safety. Non-opioid analgesics are drugs that deal with pain without posing the risk of addiction that opioids do, thereby providing a safer and effective choice for chronic pain management, and mitigating the possibilities of addiction and lethal overdoses. As an example, Vertex Pharmaceuticals Incorporated, a biotech company stationed in the US, gained clearance from the U.S. Food and Drug Administration (FDA), a US government body, for JOURNAVX, their innovative non-opioid oral medication, in January 2025. This drug selectively engages NaV1.8 sodium channels in peripheral nerves to put a halt to pain signals, bypassing the central nervous system, hence offering a potent solution for acute pain without the risk of addiction. It produces clinically significant pain reduction as demonstrated by Phase 3 trials in abdominoplasty and bunionectomy, maintains a twice-daily dosage schedule, and is not a regulated substance, fulfilling an urgent requirement for safer methods of acute pain management.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/prescription-pain-medication-global-market-report
What Are the Top Revenue-Generating Geographies in the Prescription Pain Medication Market?
North America was the largest region in the prescription pain medication market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the prescription pain medication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Prescription Pain Medication Market?
2. What is the CAGR expected in the Prescription Pain Medication Market?
3. What Are the Key Innovations Transforming the Prescription Pain Medication Industry?
4. Which Region Is Leading the Prescription Pain Medication Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Prescription Pain Medication Market Size Projected To Reach 97.23 Billion By 2034 With A Cagr Of 5.7% here
News-ID: 4060655 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Pain
Comprehensive Pain Management Services Expanded by Denver Pain Management Clinic
Image: https://www.globalnewslines.com/uploads/2025/01/1737464973.jpg
Denver Pain Management Clinic announces expanded services for individuals suffering from chronic pain conditions throughout the Denver metropolitan area. The clinic, established in 2010, continues to strengthen its position as a leading provider of comprehensive pain management services in Colorado through its team of specialized Denver Pain Doctors.
DENVER, CO - October 9, 2025 - Denver Pain Management Clinic [https://denverpainmanagementclinic.com/] announces expanded services for individuals suffering from chronic pain conditions…
Enhanced Pain Relief Solutions at Advanced Pain Care
Image: https://www.globalnewslines.com/uploads/2025/03/3f3b6259bfdec02e5dcb7b9d0c838855.jpg
Advanced Pain Care is helping people who suffer from chronic pain with sophisticated, evidence-based treatments. The clinic is particularly focused on non-surgical care that improves the quality of life. With a team of highly qualified pain experts, they work with patients who have back pain, joint pain, and nerve pain.
Personalized Treatment for Every Pain Disorder
Advanced Pain Care offers treatments depending on the cause of pain. Anyone experiencing arthritis, migraine,…
Pain Finisher | Advanced Pain Relief Device
Pain Finisher is an instant pain relief device that is effective on all pains including back pain and knee pain. It is based on the TENS theory of pain management which is easy to use and safe.
By using Pain Finisher, a modern drug-free and non-invasive pain-relieving treatment method, one can get rid of the common pain creams, gels, and risky treatment methods.
So, have a pain-free life with easy-to-use pain relief…
Neuropathic Pain Market: Innovative Therapies Reshaping Chronic Pain Management
In recent years, the global Neuropathic Pain Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Neuropathic Pain Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including…
Visceral Pain Market Analysis 2024: Addressing Pain Management Challenges
The Business Research Company has released its latest global market reports, covering insights for 2024 and offering projections up to 2033.
The Business Research Company presents an extensive market research report on the Visceral Pain Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities,…
Global Post-Operative Pain Management Market: Pain Relief Goes Worldwide
Introduction:
The Global Post-Operative Pain Management Market is growing at a rapid pace. This market involves the management of pain after surgical procedures. The market has witnessed significant growth in recent years, owing to the increasing number of surgeries and the rising prevalence of chronic diseases. Pain management is an essential aspect of healthcare, as uncontrolled pain can lead to prolonged hospital stays, delayed recovery, and poor patient outcomes.
In this article,…
