Non-Steroidal Anti-Inflammatory Drugs Market is estimated to augment growth by 2032 | insightSLICE
The market for Non-Steroidal Anti-Inflammatory Drugs was valued at US$ 16.1 billion in 2020 and is anticipated to grow at a CAGR of 6.1% to reach US$ 31 billion by 2031.
Global Non-Steroidal Anti-Inflammatory Drugs Market report from insightSLICE will offer a complete understanding of the current market status, company shares, and industry trends. A roadmap from 2023 to 2032 will be included in the primary report, though adaptations will be provided in response to customer demands.
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Major statistics in our analysis will also include critical rivalry, customer expectations, expansion track, continuing studies and development, growth variables, and important regulatory constraints in the market for non-steroidal anti-inflammatory drugs. We will provide information on current items in addition to revenue and sales data.
Dominant players and their market data will also be provided:
The assessment of important market stakeholders is covered in our market research report. Apotex Inc., Novartis AG, GlaxoSmithKline plc, Horizon Therapeutics plc, Tolmar Pharmaceuticals Inc., GlaxoSmithKline plc, Perrigo Company plc, and others are among the major businesses mentioned in the Global Non-Steroidal Anti-Inflammatory Drugs Market study.
Consumption of Non-Steroidal Anti-Inflammatory Drugs will continue to grow during forecast period:
Pain and aggravation-causing disorders are becoming more commonplace on a global scale in all populations. The use of non-steroidal anti-inflammatory drugs to alleviate and treat persistent and severe pain is growing.
As a result, the market for anti-inflammatory medications has grown during the past ten years, and the trend seems to be continuing at a much faster rate. However, strict FDA regulations for the approval of new medications may restrain the global market for the non-steroidal anti-inflammatory drug during the years 2023–2032.
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The market for non-steroidal anti-inflammatory medications is further constrained by a lack of new creative restorative analgesics, harsh regulatory restrictions, and accidental side effects from NSAIDs.
NSAIDS are the most used drug category across the world:
Medicines called anti-inflammatory drugs are used to treat a variety of diseases and ailments, including arthritis, chronic obstructive pulmonary disease (COPD), and asthma. These medications are frequently advised for reducing irritability, swelling, and related pain in case of injury or inflammation.
Diclofenac and ibuprofen are the two painkiller medications that are most frequently recommended in this category. Because of their three crucial qualities—pain relief, antipyretic, and anti-inflammatory effect, they are regarded as the main therapeutic option in the pain mitigation system.
Additionally shown to lessen the irritation and have fewer incidental effects are NSAID gels. The most recent class of anti-inflammatory medications also known as biologics has been the focus of specialists’ treatment options.
Key insights offered by our market report:
insightSLICE is a market research firm that aims to provide firms with meaningful statistics through data analytics in order to improve their business decisions. In order to meet the client’s demands for high-quality results in a short amount of time, we have developed a reliable forecasting and estimate approach.
We offer aggregated analyses as well as bespoke (client-specific) reports. All of the subcategories and groups across all of the domains are represented in our collection of syndicate data.
Whether a customer is looking to expand or is preparing to introduce a new product to the worldwide market, our bespoke services are designed to fit their needs. In terms of value, the Non-Steroidal Anti-Inflammatory drugs market is examined globally (USD Billion).
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Every segment has been examined on global, regional, and systemic levels. For each phase of the study, more than 30 nations are analyzed. For acquiring crucial market insight, the research provides an in-depth analysis of primary growth drivers, opportunities, constraints, and challenges.
An examination of supply and demand for raw materials, an assessment of competitors’ positions, and an examination of distribution and marketing channels are also included in the study.
Global Non-Steroidal Anti-Inflammatory Drugs Market Key Segments:
Based on product type
- Creams
- Gel
- Ointment
- Spray
- Rubs
- Solution
- Others
Based on indication
- Anti-inflammatory
- Analgesic
- Swelling
- Stiffness
- Skin infections
- Others
Based on end user
- Hospitals
- Specialty clinics
- Others
Based on distribution channel
- Hospital pharmacy
- Retail pharmacy
- Others
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of Middle East & Asia
- South America
- Brazil
- Rest of South America
Regional performance of Non-Steroidal Anti-Inflammatory Drugs Market
Due to an increase in the number of geriatric patients experiencing severe bone and joint problems, North America currently dominates the market for non-steroidal anti-inflammatory medications, followed by Europe.
China and India are desirable locations for setting up pharmaceutical facilities in the region due to the low cost of the manufacturing and management aspects related to this. The development of the healthcare infrastructure will be accelerated by positive government measures in the coming years.
Non-steroidal anti-inflammatory medicine sales are growing throughout Asia Pacific as a result of the expansion of the medical services infrastructure.
Increased prevalence of bone and joint pain disorders among the population, such as osteoarthritis and rheumatoid joint pain, is the primary factor predicted to promote the expansion of the global market for non-steroidal anti-inflammatory drugs between 2023 and 2032.
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