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According to the analgesics market statistics, the global analgesics market is envisaged to grow steadily and will post a CAGR of more than 4% over the forecast period. The advent of favorable regulatory norms and healthcare reforms around the world have encouraged the initiation and uptake of pain management programs to reduce the overall healthcare costs. For instance, the US Patient Protection and Affordable Care Act has provision for pain management. Such healthcare reforms have paved the way toward the development of effective analgesic medications. This recent increase in the introduction of favorable regulatory norms will lead to the augmented adoption of analgesics and will increase the analgesics market size in the coming years.
The increasing use of off-label drugs is one of the significant trends spurring the growth prospects of this market over the forecast period. Off-label drugs are unapproved medications that are effective in treating diseases. Several off-label drugs, such as tricyclic antidepressants, selective serotonin reuptake inhibitors, antihistamines, anti-anxiety drugs, anticonvulsants, steroids, and analgesics are being increasingly used to manage the symptoms of pain. These drugs are prescribed with approved drugs as maintenance therapies. Moreover, since these drugs are less expensive than approved drugs, it will contribute to this market’s growth over the next four years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Pipeline portfolio
PART 06: Market landscape
PART 07: Market segmentation by drug class
PART 08: Market segmentation by type
PART 09: Market segmentation by application
PART 10: Market segmentation by pain type
Fibromyalgia
PART 11: Market segmentation by ROA
PART 12: Geographical segmentation
PART 13: Market drivers
PART 14: Impact of drivers
PART 15: Market challenges
PART 16: Impact of drivers and challenges
PART 17: Market trends
PART 18: Vendor landscape
PART 19: Appendix
PART 20: Explore Technavio
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