New York, Feb. 09, 2023 (GLOBE NEWSWIRE) -- According to the report published by Next Move Strategy Consulting, the Global Analgesics Market is estimated to be USD 35.03 million in 2021 and is projected to reach USD 56.86 million by 2030, at a CAGR of 4.9% from 2022 to 2030. The research offers a detailed analysis regarding drivers, restraints, and opportunities to highlight the changing market dynamics. Moreover, the research provides an extensive analysis of major segments and their sub-segments to determine fastest-growing and highest revenue-generating segments.
Equipping a detailed analysis of each and every aspect of the analgesics industry in 173 pages along with 126 tables and 94 figures, the report aims to provide a helpful source of information for leading players, investors, and startups to take necessary steps to achieve sustainable growth and competitive advantage.
Request a free sample: https://www.nextmsc.com/Analgesics-Market/request-sample
| Report Coverage | Details |
| Forecast Period | 2022–2030 |
| Base Year | 2021 |
| Market Size in 2021 | USD 35.03 Million |
| Market Size in 2030 | USD 56.86 Million |
| CAGR | 4.9% |
| No. of Pages | 173 |
| Tables | 126 |
| Figures | 94 |
| Segments covered | Type and Route of Administration |
| Drivers | Increasing chronic and infectious diseases among people |
| Increasing number of medical surgeries boost the market growth | |
| Elevating awareness about palliative care and pain management propels the growth of the market | |
| Opportunities | Increasing number of strategic collaborations and advancements in medical drug development |
The report provides an extensive analysis of changing market trends of the global analgesics market based on drivers, restraints, and opportunities. The increasing number of chronic diseases is one of the major factors driving the analgesics market growth during the forecast period. Increasing awareness about palliative care and pain management is another factor driving the market growth. However, changing regulatory landscape in the medical drugs industry restrains the market growth.
Lead Analyst for Analgesics Market at Next Move Strategy Consulting stated, “Advancement in drug development is expected to create opportunities for the analgesics market in the coming years.”
Buy this report directly from here: https://www.nextmsc.com/report/analgesics-market
Need a customized report, get in touch with us: https://www.nextmsc.com/contact
North America accounted for the highest market share in 2021, and is estimated to maintain its dominance throughout the forecast period. Factors such as the rising geriatric population suffering from joint pain has increased the demand for pain treatment therapies, which in turn drive the analgesics market growth.
On the other hand, the Asia-Pacific region is projected to register a steady growth rate throughout the forecast period; this can be attributed to the increasing prevalence of arthritis, several other bone-related conditions, and diabetic neuropathy, leading to pain. In addition, there is an increasing prevalence of several kinds of fever that increases the use of paracetamol, which in turn drives the analgesics market growth.
The research offers an analysis of each region and its countries based on segments and their sub-segments to outline steps to be taken to consolidate presence in the analgesics industry. This analysis is also helpful in determining the highest-revenue generating and fastest-growing segments and taking the next steps accordingly.
If you have any queries, you can enquire before purchasing: https://www.nextmsc.com/analgesics-market/inquire-before-buying
The report offers a detailed analysis of leading market players of the analgesics industry. Leading players analyzed in the research include Abbott Laboratories, Bayer AG, Glaxosmithkline plc, Johnson and Johnson, Pfizer Inc, Novartis AG, Teva Pharmaceuticals, Sanofi SA, ABBVIE INC., and Sun Pharma. The report provides a detailed analysis of each market player based on business performance, top strategies and developments, and sales in terms of volume.
Also, Browse Related Reports
Anesthesia CO2 Absorbent Market by Product (Soda Lime, Medisorb, Dragersorb, Amsorb, Litholyme), by Application (Medical), by End User (Hospitals, Clinics, Ambulatory Surgery Centers) Global Opportunity Analysis and Industry Forecast, 2020– 2030
Alopecia Market by Disease Type (Androgenetic Alopecia, Alopecia Areata, Traction Alopecia, Cicatricial Alopecia, Alopecia Totalis, and Alopecia Universalis), by Treatment (Pharmaceutical and Devices), by Sales Channel (Prescriptions and OTC), by End-use (Homecare Settings and Dermatology Segments) and by Gender (Female and Male) – Global Opportunity Analysis and Industry Forecast 2022–2030
Ceramide Market by Application (Cosmetics, Pharmaceutical, Food, Petcare, and Others) Global Opportunity Analysis and Industry Forecast, 2020 – 2030
About Us:
Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analyzed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bits of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enable them to move beyond time and have competitive edge in the industry.
We have been servicing over 1,000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicates as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that range from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
