Analgesics Market Value Share, Analysis and Segments 2016-20261. Analgesics Market Value Share, Analysis and Segments
2016-2026
November 2016
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Report Id : REP-GB-1306
Status : Ongoing
Category : Healthcare, Pharmaceuticals & Medical Devices
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4. Analgesics are the medicines that alter perception, sensation, and sometimes also affects consciousness
of individuals by blocking nerve impulses selectively to provide relief from pain. Analgesic drugs are
generally available in three categories namely non-steroidal anti-inflammatory drugs (NSAID), opioids,
and local anesthetics. The NSAID reduces pain by selectively reducing the local inflammatory reactions,
opioids have their action on the brain and are utilized both in short-term and long-term relief from
severe pain, while local anesthetics block the generation and the conduction of nerve impulses. Thus,
analgesics form one of the largest markets in the overall pharmaceutical drugs market.
Analgesics Market: Drivers and Restraints
High prevalence of pain worldwide, driven by an increase in the many disorders related with pain, is
highly endorsing the growth of analgesics market. In addition, aging population, increasing acceptance of
analgesics drugs, addition of new drugs, rising consumer awareness levels and increasing effective
treatment opportunities are responsible for driving analgesics market. Growing geriatric population will
be the most important growth driver for this market as such population suffer from pain due to various
diseases that occurs in the old age. Due to the increasing therapeutic benefits offered by such drugs
along with the faster and effective pain relief, analgesics find increased acceptance by geriatric
population. The new innovative drug treatments in the category and increasing awareness about such
treatments would drive the growth of this market further in future. However, chronic side effects,
susceptible to abuse, high prices of drugs, limited commercialization of new products, and stringent
government policies would hinder the growth of analgesics market.
Analgesics Market
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Analgesics Market: Segmentation
The global analgesics market has been classified on the basis of therapeutics class, pain type, and
application.
By therapeutics class, the global analgesics market is segmented into the following:
NSAID
Opioids
Local anesthetics
Others
Antidepressants
Antimigrain agents
Neuroleptics
Analgesics Market
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6. Anxiolytics
Anticonvulsants
Triptans, ergot alkaloids
Based on application, the global analgesics market is segmented into the following:
External Analgesics
Internal Analgesics
Based on pain type, the global analgesics market is segmented into the following:
Neuropathic pain
Inflammatory pain
Surgical pain
Cancer pain
Analgesics Market
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7. Wound care pain
Physiologic pain
Phantom
Pain arising from other diseases
Others
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Analgesics Market: Overview
By therapeutic class, NSAID holds prominent share owing to high unmet medical requirements in pain
management segment. By application, internal analgesics is leading the analgesic market.
Acetaminophen, a drug under internal analgesics segment is representing the largest product segment.
External analgesics market is also growing evidently due to introduction of new competitors in the
market, and increased advertising.
Analgesics Market
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8. Analgesics Market: Region-wise Outlook
Geographically, North America is the largest analgesics market followed by the Europe. The aging
population in the U.S. is the major factor for the region to contribute maximum towards this market. The
new opioids and non-opioids will also help meet the unmet needs of the large geriatric population of the
region. Europe is also bound to grow due to their high geriatric population and commercialization of new
drugs. Asia-Pacific market will experience the highest rate of growth due to the increasing consumer
awareness and increasing healthcare expenditure in the region.
Analgesics Market: Key Players
Key companies operational in analgesics market are Actavis, Inc., AstraZeneca plc, Bayer AG,
Boehringer Ingelheim GmbH, F. Hoffmann-La Roche Ltd., Novartis AG, Johnson & Johnson, Pfizer, Inc.,
Sanofi, GlaxoSmithKline plc, Reckitt Benckiser plc and Teva Pharmaceutical Industries Ltd.
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Analgesics Market
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