The current report provides detailed analysis of the market for pain management drugs and devices. It highlights the current and future market potential of pain management drugs and devices and gives a detailed analysis of the market’s drivers, restraints and challenges. The report also covers market projections for 2028 and provides market rankings for key market players. It also covers the competitive environment and regulatory landscape, and it details the market share of pain management drugs and devices based on product and application. Based on products, the global pain management drugs and devices market is segmented into pharmaceuticals and medical devices. Based on applications, the market is segmented into post-operative pain, neuropathic pain, cancer pain, migraine/headache, musculoskeletal pain and other applications. The report includes company profiles of the key players with detailed information about their business segments, financials, product portfolios and recent developments.
The market has been divided by geography into North America, Europe, Asia-Pacific and the Rest of the world. The North American region comprises countries such as the U.S. and Canada; Europe includes countries Germany, U.K., Italy, France and the Rest of Europe; Asia-Pacific includes countries China, India, Japan and the Rest of Asia-Pacific. For market estimates, data has been provided for 2020 and 2021, which serve as the historical years; 2022 is the base year; and forecast data is given for 2028.
Not covered in the report are drugs or devices that relieve pain by treating the specific condition or disorder. These include treatments for rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis or other similar diseases. Only those disease-specific treatments that involve a relief of the pain symptoms associated with the respective condition are included.
The market has been divided by geography into North America, Europe, Asia-Pacific and the Rest of the world. The North American region comprises countries such as the U.S. and Canada; Europe includes countries Germany, U.K., Italy, France and the Rest of Europe; Asia-Pacific includes countries China, India, Japan and the Rest of Asia-Pacific. For market estimates, data has been provided for 2020 and 2021, which serve as the historical years; 2022 is the base year; and forecast data is given for 2028.
Not covered in the report are drugs or devices that relieve pain by treating the specific condition or disorder. These include treatments for rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis or other similar diseases. Only those disease-specific treatments that involve a relief of the pain symptoms associated with the respective condition are included.
Here is a comparison of a treatment for a disease (in this case, rheumatoid arthritis) that naturally relieves symptoms vs. a treatment for the relief of the pain associated with the disease -
- Enbrel: Indicated for the treatment of moderate-to-severe rheumatoid arthritis.
- Celebrex: Indicated for the treatment of the signs and symptoms of osteoarthritis and rheumatoid arthritis and the management of acute pain.
Report Includes
- 44 data tables and 37 additional tables
- An overview of the global market for pain management drugs and devices
- Estimates of the market size and analyses of global market trends with data from 2020-2023, and projections of compound annual growth rates (CAGRs) through 2028
- Assessment of pain, history of pain and pain management, and information on physical pain treatment modalities and psychological pain therapies.
- Coverage of emerging technologies in the pain management market, an assessment of technology advances in opioid drugs, as well as in non-narcotic drugs, which has revolutionized pain management by providing practical alternatives to opioids.
- Assessment of factors driving the industry's growth, including market opportunities and restraints
- Examination of product categories, clinical trials, new regulatory requirements and relevant patents
- Coverage of market trends in undertreatment issues, professional issues, managed care pain issues, new therapies, product pipelines, generics, pain research and drug delivery
- Company profiles of major players within the industry, including Abbott Laboratories, AbbVie Inc., Assertio Holdings Inc., Grünenthal GmbH, and Johnson & Johnson
Table of Contents
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Chapter 4 Market Dynamics
Chapter 5 Market Breakdown by Product
Chapter 6 Market Breakdown by Application
Chapter 7 Market Breakdown by Region
Chapter 8 ESG Development
Chapter 9 Emerging Technologies
Chapter 10 Clinical Trials and Patent Analysis
Chapter 11 Competitive Intelligence
Chapter 12 Company Profiles
List of Tables
List of Figures
Executive Summary
The global market for pain management drugs and devices was valued at $80.9 billion in 2022. The market is estimated to grow from $84.6 billion in 2023 at a compound annual growth rate (CAGR) of 5.4% to reach approximately $109.9 billion by the end of 2028. This report segments the global market by product, application and region.Reasons for Doing This Study:
Pain impacts a large number of people across the globe. Pain management drugs and devices help to relieve pain and improve quality of life. The rising prevalence of chronic and neurological disorders and the growing geriatric population are creating many opportunities for players operating in this market.
In addition, technological advancements are serving as a critical factor in the pain management drugs and devices market. Newer medical devices for pain management are minimally invasive, highly efficient and involve lower recovery times for patients. Consequently, this study will provide insights into upcoming trends in the pain management drugs and devices market.
This report provides a detailed analysis of the key factors governing the growth of the pain management drugs and devices industry, along with strategic insights and recommendations for those looking to expand their markets.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 171 |
Published | November 2023 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 84.6 Billion |
Forecasted Market Value ( USD | $ 109.9 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |