Pain Relief Market Size by 2030 | Industry Segmentation by Application, Overview, Regions, Key News and Top Companies Pr

Rise in incidences of chronic diseases is a key factor driving pain relief market revenue growth

The global pain relief market size reached USD 79.68 Billion in 2021 and is expected to register a revenue CAGR of 4.5% during the forecast period, according to latest analysis by Emergen Research. Pain relief market revenue growth is primarily driven by factors such as increasing demand for long-term pain management for geriatric population, proven efficacy of pain management devices for treatment of chronic pain, and development of novel pain management devices and techniques. Pain relievers are medications used to treat headaches, tight muscles, arthritis, and other aches and pains.  Certain medications work better for some forms of pain than others, hence there are numerous pain medications available, each with its own set of benefits and drawbacks. Many types of pain can be relieved with Over-The-Counter (OTC) medications, which are classified into two types, Nonsteroidal Anti-Inflammatory Medications (NSAIDs) and acetaminophen (Tylenol). OTC NSAIDs include naproxen (Aleve), aspirin, and ibuprofen (Advil, Motrin), which are available in higher doses by prescription. Opioids are the most common potent pain medications, which are quite effective, but they can have major adverse effects at times including becoming addicted to this medication.

The report also provides an extensive analysis of the key market elements, such as drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The exhaustive SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis included in the report are intended to help the reader tactfully formulate business growth strategies. Strategic recommendations for the established market players assist them in fortifying their financial positions in the market.  

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 The leading market contenders listed in the report are:

Abbott, Eli Lilly and Company, Endo International plc., GSK plc, Johnson Johnson Services, Inc., Merck Co., Inc., Viatris Inc., Novartis AG, Pfizer Inc., and Knoa Pharma LLC

Key reasons to buy the Global Pain Relief Market report:

  1. The latest report comprehensively studies the global Pain Relief market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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 Market Segmentations of the Pain Relief Market

  • Treatment Type Outlook (Revenue, USD Billion; 2019-2030)

    • Opioids
    • Non-Narcotic Analgesic
      1. NSAIDs
      2. Anesthetic
      3. Anti-convulsants
      4. Anti-depressants
      5. Other Non- Narcotic Analgesic
    • Neuro-stimulation devices
      1. Transcutaneous Electrical Nerve Stimulation (TENs) Device
      2. Brain Spinal Cord Stimulation
    • Analgesic Infusion Pumps
      1. Intrathecal Infusion Pumps
      2. External Infusion Pumps
    • Drugs
    • Devices
    • Topical Pain Relief
  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Neuropathic Pain
    • Cancer Pain
    • Facial Pain Migraine
    • Musculoskeletal Pain
    • Other Application
  • Regional Outlook (Revenue, USD Billion; 2019–2030)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of Middle East Africa

 

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 Regional Outlook of the Pain Relief Market

The global Pain Relief market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Pain Relief market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Pain Relief Market report:

  1. The latest report comprehensively studies the global Pain Relief market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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