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Just Available: Non-steroidal Anti-inflammatory Drugs Market Size & Share, Growth, Trends, and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Non-steroidal Anti-inflammatory Drugs” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Non-steroidal anti-inflammatory drugs (NSAIDs) is a class of powerful analgesics, distinguished by their non-steroidal chemical structure. These drugs are frequently prescribed to reduce pain caused due to inflammation. These are considered the first line of treatment in pain management due to three basic properties: analgesic, antipyretic, and anti-inflammatory. Usage of non-steroidal anti-inflammatory drugs in pain management dates back to the 1960s and 1970s when the first few key molecules such as diclofenac and ibuprofen were approved by the U.S. FDA. The patents for all (except one) the key branded formulations in this market have expired, rendering the market completely generic and even over-the-counter (OTC) for some drugs. The most common OTC drugs in this class include aspirin and ibuprofen used in the treatment of headache, body ache, sports injuries, and menstrual cramps. Non-steroidal anti-inflammatory drugs are categorized into various groups: salicylates (diflunisal, salsalate, and acetylsalicylic acid), acetic acid derivatives (diclofenac, ketorolac, indomethacin, and etodolac), selective COX-2 inhibitors (celecoxib), proprionic acid derivatives (ibuprofen, naproxen, ketoprofen, and fenoprofen), fenamic acid derivatives (meclofenamic acid, tolfenamic acid, and mefenamic acid), and enolic acid derivatives (oxicam, piroxicam, tenoxicam and lornoxicam).
Based on dosage form, the non-steroidal anti-inflammatory drugs market has been segmented into oral, topical, and injectable. The injectable segment is expected to witness rapid growth owing to higher efficacy. Non-steroidal anti-inflammatory drugs are indicated for postoperative pain, bone and joint pain (rheumatoid arthritis, osteoarthritis, gouty arthritis, ankylosing spondylitis), menstrual pain, tooth ache, and others. The bone and joint pain segment is expected to be driven by rising prevalence of bone and joint disorders such as rheumatoid arthritis and osteoarthritis, and increase in number of hospital surgeries. Rising incidence of pain disorders, increase in geriatric population with high risk of various diseases, growing adoption of pain management therapeutics among end-users, and favorable regulatory scenario and health care reforms boost the growth of the non-steroidal anti-inflammatory drugs market. However, entry of new innovative therapeutic analgesics, stringent government regulations, and side effect associated with non-steroidal anti-inflammatory drugs restrain the non-steroidal anti-inflammatory drugs market.
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In terms of region, the non-steroidal anti-inflammatory drugs market has been classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominates the non-steroidal anti-inflammatory drugs market, followed by Europe, due to increase in geriatric population suffering from bone and joint disorders, rising junk food habits & sedentary lifestyle, and increase in incidence and prevalence of bone and joint disorders. Asia Pacific is an emerging market for non-steroidal anti-inflammatory drugs owing to rising health care infrastructure, gradual development of medical infrastructure, growing awareness, and large patient pool. However, lack of proper treatment and low patient awareness are factors restraining the non-steroidal anti-inflammatory drugs market in regions such as Middle East & Africa and Latin America.
Major players operating in the non-steroidal anti-inflammatory drugs market include Bayer HealthCare Pharmaceuticals LLC, Pfizer, Inc., Reckitt Benckiser Group plc, Novartis International AG, and Daiichi Sankyo Company, Limited.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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