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Pain Management Drugs Market Growth, Size, Emerging Trends, On-Going Demand and Forecast to 2027 with Top Key Players – Eli Lilly & Company, GlaxoSmithKline, Johnson & Johnson, Teva Pharmaceuticals, Mallinckrodt, Novartis AG, Merck

May 30, 2019 6:00 AM ET

An unpleasant sensory and emotional experience caused due to tissue damage is called as pain. Pain is caused due to injury and diseases such as arthritis, multiple sclerosis, osteoarthritis, stomach ulcer and cancer. Pain can be acute pain or chronic pain. Chronic pain is caused due to aging conditions of body parts such as bone, joints and nerve damage whereas acute pain cased due to sudden onset of pain. Pain can be managed by using drugs to reduce the symptoms or treat pain. Pain relieving drugs such as Opioids acts through variety of physiological mechanism. Opioids are narcotic pain medications, usually used for acute pain, such as pain after surgery. Examples of pain management opioids are Morphine, Fentanyl, Oxycodone and Codeine.

Pain Management Drugs Market to 2027 – Global Analysis and Forecasts by Therapeutics (Anticonvulsants, Antidepressants, Anesthetics, Non-steroidal Anti-inflammatory Drugs (NSAIDS), Opioids, Antimigraine Agents, Other Non-narcotic Analgesic); Indication (Neuropathic Pain, Fibromyalgia, Arthritic Pain, Chronic Back Pain, Migraine, Post-Operative Pain, Cancer Pain) and Geography

Pain Management Drugs

The rising number of people suffering from chronic pain, rising geriatric population, innovation in novel drug delivery system such as prefilled injectable dosage are few major factors driving the pain management drugs market. However there are few factors that may affect the pain management drugs market negatively which include increase in generic drugs completion, availability of pain relieving substitutes and patent expiration of blockbuster drugs.

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The global pain management drugs market is segmented on the basis of therapeutics and indication. Based on therapeutics, the market is segmented as Anticonvulsants, Antidepressants, Anesthetics, Non-steroidal Anti-inflammatory Drugs (NSAIDS), Opioids, Antimigraine Agents and Other Non-narcotic Analgesic. On the basis of indication, the global pain management drugs market is segmented into Neuropathic Pain, Fibromyalgia, Arthritic Pain, Chronic Back Pain, Migraine, Post-Operative Pain and Cancer Pain.

The reports cover key developments in the pain management drugs market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from pain management drugs market are anticipated to lucrative growth opportunities in the future with the rising demand for pain management drugs in the global market. Below mentioned is the list of few companies engaged in the pain management drugs market.

The report also includes the profiles of key pain management drugs market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  • Abbott Laboratories
  • Endo Health Solutions
  • AstraZeneca Plc.
  • Eli Lilly & Company
  • GlaxoSmithKline Plc.
  • Johnson & Johnson
  • Teva Pharmaceuticals
  • Mallinckrodt Plc.
  • Novartis AG
  • Merck & Co. Inc.
  • Purdue Pharma LP
  • Pfizer Inc.

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