(PharmaNewsWire.Com, January 19, 2017 ) Analgesics are among the most commonly prescribed drugs for pain, especially that from fractures, ankle sprains, and other injuries. These are designed particularly for pain relief. Opioids, NSAIDs, and local anesthetics are the major analgesics used to treat pain. The long term use of analgesics has been linked to gastrointestinal problems. Pain is treated with analgesics, also called as pain killers, many of which are accessible without a prescription, including acetaminophen, aspirin, or ibuprofen. These medicines are termed as non-prescription or OTC analgesics and can be used either alone for mild pain or in combination with other medicines for severe pain.
Technavios analysts forecast the global analgesics market to grow at a CAGR of 4.28% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global analgesics market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of analgesics globally. The report does not include revenue generated from the aftermarket service of the product.
The market is divided into the following segments based on geography: Americas APAC EMEA
Technavio's report, Global Analgesics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors Pfizer Bayer HealthCare Sanofi Endo Johnson & Johnson Purdue Pharma
Other prominent vendors Achelios Therapeutics Alder BioPharmaceuticals Allergan Amgen AstraZeneca Baxter Boehringer Ingelheim Bristol Myers Squibb CoLucid Pharmaceuticals Daiichi Sankyo Dr. Reddy's Laboratories DURECT El Lilly & Company F. Hoffmann La Roche GlaxoSmithKline GW Pharmaceuticals Hospira Immune Pharmaceuticals Innovative Med Concepts Merck NeurAxon Novartis OptiNose Pain Therapeutics RedHill Sorrento Therapeutics Suda Taro Pharmaceuticals Industries Teva Pharmaceuticals Industries Tonix Pharmaceuticals Trigemina UCB Valeant Pharmaceuticals International WEX Pharmaceuticals Zynerba Pharmaceuticals
Market driver Increase in self-medication For a full, detailed list, view our report
Market challenge Preference for alternative therapies For a full, detailed list, view our report
Market trend Accelerated use of online resources For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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