Global Analgesics Market Projected to Reach USD 23.5 billion by 2018

Date: 2016-09-12

Analgesics, also known as painkillers, are used to treat and reduce pain in the body. Typically, they are used when the pain is severe and becomes unbearable for the patient. Analgesics can be divided into opioids, non-opioids and compound analgesics (a combination of both opioids and non-opioids), and the three types are the world’s leading topical analgesics.

Opioid analgesics are a class of the strongest painkillers, which are derived from the opium, they are mainly used for the treatment of severe or severe pain through the prescription. Non-opioid analgesics are not derived from opium, but include acetaminophen, they also include non-steroidal anti-inflammatory drugs and are mainly used for the treatment of mild or moderate pain. Moreover, non-opioid analgesics are sometimes used in conjunction with stronger painkillers, which are primarily used for over-the-counter (OTC). But some non-steroidal anti-inflammatory drugs (NSAIDs) such as Cataflam, Celebrex and Motrin are available through prescription only.

There are a variety of pain, include inflammatory pain, surgical pain, physiological pain and wound care pain, and these will promote the growing market of analgesic.

Global analgesics market is expected to grow steadily in the near future, this is mainly due to the growing elderly population, and cardiovascular disease, cancer, arthritis, and other factors. Recurring pain experienced by the ageing population is another factor the helps the market growth. However, factors such as uncontrolled prescription of opioids, drug abuse, and unregulated government policies are likely to restrain the growth of the global analgesics market.

The global analgesics market is projected to reach about USD 23.5 billion by 2018, at a CAGR of 3.0% within expectations. Based on the region, North America is the largest market for the analgesics followed by Europe, Asia-Pacific is the fastest growing market of analgesics, at the same time demand is greatest, due to the huge population and a serious aging.

The main competitor of analgesics market include some of the following


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Joanna | Executive – International Business and partner Relations
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