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The paracetamol market size is forecast to increase by USD 929.4 billion at a CAGR of 9.42% between 2023 and 2028. Paracetamol, an antipyretic and analgesic medication, holds a prominent position in the healthcare industry due to its widespread usage in managing various indicative diseases such as backaches, osteoarthritis, fever, migraines, diabetes, epilepsy, asthma, and oral diseases including toothache. The market for paracetamol is driven by the significant use of paracetamol as an active pharmaceutical ingredient (API) in a large number of over-the-counter (OTC) drugs. Moreover, the rising preference for extended-release formulations to ensure consistent pain relief and patient compliance is fueling market growth. However, growing concerns over the potential adverse effects of analgesics, particularly liver damage, may pose a challenge to market expansion.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Formulation
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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