Pain Management Drugs Market Analysis, Size, Share, Growth and Demand Forecast to 2020 by P&S Market Research
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GLOBAL INDUSTRY INSIGHT:<br />
<strong>Pain</strong> <strong>Management</strong> <strong>Drugs</strong> <strong>Market</strong> <strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong> <strong>and</strong><br />
Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> <strong>2020</strong>
<strong>Pain</strong> <strong>Management</strong> <strong>Drugs</strong> <strong>Market</strong> <strong>Analysis</strong>, <strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong><br />
<strong>Forecast</strong> <strong>to</strong> <strong>2020</strong><br />
The growing geriatric population <strong>and</strong> increasing dem<strong>and</strong> of innovative <strong>and</strong> advanced pain relaxing<br />
medications around the world are the predominant growth drivers for the global pain management<br />
drugs market. Additionally, the increasing number of hospitalization cases; unmet requirements for<br />
neuropathic pain management drugs; innovative <strong>and</strong> advanced applications of pain management<br />
therapies; increasing prevalence of various chronic diseases, such as cancer, <strong>and</strong> neurological<br />
problems; <strong>and</strong> increasing healthcare expenditure are also driving the growth of the global market.<br />
The growing numbers of mergers <strong>and</strong> acquisitions is a key trend observed in the market. Among<br />
the various therapeutic indications, the post-operative pain relief segment accounted for the largest<br />
share, <strong>and</strong> the low-back pain segment accounted for the second largest share in the global market.<br />
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<strong>Pain</strong> management drugs are mainly used <strong>to</strong> relieve discomfort associated with injury <strong>and</strong> surgeries.<br />
Moreover, pain management medications are used in the management of pain associated with<br />
neurological problems, migraine, cancer, orthopedic problems, low- back pain, rheuma<strong>to</strong>id arthritis,<br />
<strong>and</strong> fibromyalgia.<br />
The stringent regulation for the approval of pain management drugs is restraining the growth of<br />
global market. High expenditure requirement in the manufacturing of pain management drugs <strong>and</strong><br />
risks of side-effects associated with pain-killers are also hindering the growth of global market.<br />
North America <strong>and</strong> Europe are the major markets, due <strong>to</strong> increasing prevalence of chronic<br />
diseases, <strong>and</strong> growing awareness about various types of chronic pain conditions in these regions.<br />
The U.S. followed <strong>by</strong> Canada, is the largest market for pain management drugs in North America.<br />
Whereas, the U.K., Germany <strong>and</strong> France are some of the major countries holding significant share<br />
in the European pain management drugs market.<br />
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The Asian market is growing with a significant rate, owing <strong>to</strong> huge pool of patients, <strong>and</strong> increasing<br />
healthcare spending in the region. In addition, the initiatives taken <strong>by</strong> various government<br />
associations <strong>to</strong> develop chronic pain rehabilitation centers, <strong>and</strong> increasing prevalence of various<br />
chronic diseases are also supporting the growth of the Asian pain management drugs market. The<br />
countries such as India, Japan <strong>and</strong> China, are the major markets in the region.<br />
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<strong>Pain</strong> <strong>Management</strong> <strong>Drugs</strong> <strong>Market</strong> <strong>Analysis</strong>, <strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong><br />
<strong>Forecast</strong> <strong>to</strong> <strong>2020</strong><br />
Apart from these regions, Latin America is another important market. This is due <strong>to</strong> increasing<br />
investments <strong>by</strong> drug manufacturing companies <strong>and</strong> growing dem<strong>and</strong> of pain management<br />
medications in the region. Brazil holds the largest share in the Latin American pain management<br />
drugs market, due <strong>to</strong> the increasing support from government organizations for the development of<br />
chronic pain rehabilitation center in the country.<br />
Browse related market research at: https://www.psmarketresearch.com/industryreport/pharmaceuticals<br />
Some of the major players operating in the global pain management drugs market include Purdue<br />
Pharma L.P., Teva Pharmaceutical Industries Ltd., Eli Lilly <strong>and</strong> Company, Forest Labora<strong>to</strong>ries Inc.,<br />
Endo International PLC, Johnson & Johnson, Pfizer Inc., Valeant Pharmaceuticals International Inc.,<br />
GlaxoSmithKline PLC, F. Hoffmann-La Roche Ltd., <strong>and</strong> Baxter International Inc.<br />
<strong>Pain</strong> <strong>Management</strong> <strong>Drugs</strong> <strong>Market</strong> Segmentation<br />
By Category<br />
‣ Prescription-Based <strong>Drugs</strong><br />
‣ Over-The-Counter (OTC) <strong>Drugs</strong><br />
By Therapeutic Indications<br />
‣ Post-Operative <strong>Pain</strong><br />
‣ Low-Back <strong>Pain</strong><br />
‣ Rheuma<strong>to</strong>id Arthritis <strong>Pain</strong><br />
‣ Osteoarthritis <strong>Pain</strong><br />
‣ Cancer <strong>Pain</strong><br />
‣ Migraine<br />
‣ Neuropathic <strong>Pain</strong><br />
‣ Fibromyalgia<br />
‣ Others<br />
By Br<strong>and</strong>s<br />
‣ Maxalt<br />
‣ Zomig<br />
‣ Qutenza<br />
‣ Lidoderm<br />
‣ Savella<br />
‣ Imitrex<br />
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<strong>Pain</strong> <strong>Management</strong> <strong>Drugs</strong> <strong>Market</strong> <strong>Analysis</strong>, <strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong><br />
<strong>Forecast</strong> <strong>to</strong> <strong>2020</strong><br />
‣ Voltaren Gel<br />
‣ Celebrex<br />
‣ Cymbalta<br />
‣ Others<br />
By Geography<br />
‣ North America<br />
o U.S.<br />
o Canada<br />
‣ Europe<br />
o Germany<br />
o France<br />
o U.K.<br />
o Spain<br />
o Italy<br />
‣ Asia<br />
o Japan<br />
o China<br />
o India<br />
‣ Latin America<br />
o Brazil<br />
‣ Rest of the World<br />
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Contact:<br />
Abhishek<br />
Executive – Client Partner<br />
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<strong>Pain</strong> <strong>Management</strong> <strong>Drugs</strong> <strong>Market</strong> <strong>Analysis</strong>, <strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong><br />
<strong>Forecast</strong> <strong>to</strong> <strong>2020</strong><br />
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