Jul 30, 2021 (Heraldkeepers) -- The scope of the report includes a detailed study of global and regional markets for pain management therapeutics marketwith the reasons given for variations in the growth of the industry in certain regions.
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The pain management therapeutics market is segmented on the lines of its therapeutics, indication and regional. Based on therapeutics segmentation it covers antimigraine agents, non steroidalanti inflammatory drugs, anesthetics, antidepressants, anticonvulsants, opioids and other non narcotic analgesic. Opioidsis further segmented into tramadol, hydrocodones, oxycodaones and others such as methadone, meperidine, fentanyl, codeine, morphine. Based on indication segmentation the pain management therapeutics market covers cancer pain, post operative pain, migraine, arthritic pain, chronic back pain, fibromyalgia and neuropathic pain. The pain management therapeutics marketis geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
The pain management therapeutics market is expected to exceed more than US$ 83 Billion by 2024; Growing at a CAGR of more than 3.5% in the given forecast period.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Abbott Laboratories, AstraZeneca, Depomed, Inc., Endo Pharmaceuticals, Inc., GlaxoSmithKline plc, Johnson & Johnson, Mallinckrodt Pharmaceuticals, Merck & Co., Inc., Novartis AG, Pfizer, Inc., Purdue Pharma L.P., and Teva Pharmaceutical Industries Limited. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.
Pain management is one of the branch of medicine which utilizes an inter punitive approach for improving the superiority and easing the suffering of life of persons who are living with the chronic pain. The usual pain management group consists of clinical psychologists, clinical nurse specialists, physician assistants, occupational therapists, physiotherapists, pharmacists and medical practitioners. Market analyst proposes that almost 20% of world's population currently suffers from chronic pain. Factors that are increasing number of surgeries, changing lifestyle, increasing geriatric population and increasing prevalence of chronic diseases are responsible for growth in new patients every year.
The major driving factors of pain management therapeutics market are as follows:
Approving health care reforms and regulatory scenario
Increasing approval of pain management therapeutics between end users
Increasing in geriatric population with high risk of different diseases
Growing frequency of chronic pain disorders
The restraining factors of pain management therapeutics market are as follows:
Enduring pain relief from medical devices, alternative therapies and surgical procedures
Prescription drug exploitation
Exclusive rights expiry of entry of generics and key drugs
The Pain management therapeutics Markethas been segmented as below:
The Pain management therapeutics Market is Segmented on the lines of Therapeutics Analysis, Indication Analysis and Regional Analysis. By Therapeutics Analysisthis market is segmented on the basis ofAntimigraine agents, Non steroidalanti inflammatory drugs, Anesthetics, Antidepressants, Anticonvulsants, Opioids, Tramadol, Hydrocodones, Oxycodaones, Others (Methadone, Meperidine, Fentanyl, Codeine, Morphine) and Other non narcotic analgesic.
By Indication Analysisthis market is segmented on the basis ofCancer pain, Post operative pain, Migraine, Arthritic pain, Chronic back pain, Fibromyalgia and Neuropathic pain. By Regional Analysisthis market is segmented on the basis ofNorth America, Europe, Asia-Pacific and Rest of the World.
This report provides:
1) An overview of the global market for pain management therapeutics and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for pain management therapeutics.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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Table of Contents
2 Research Methodology
Global Pain Management Therapeutics Market - Industry Analysis
North America Pain Management Therapeutics Market Revenue, (US$ Mn), 2014-2024
Europe Pain Management Therapeutics Market Revenue, (US$ Mn), 2014-2024