Non-Opioid Pain Treatment Market to Notice Utmost Growth of USD 807.32 Million By 2029

Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Non-Opioid Pain Treatment Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.

The Non-Opioid Pain Treatment market research report has been meticulously crafted through the systematic collection and evaluation of market data within the Non-Opioid Pain Treatment industry. It is designed to elucidate essential facts and figures for businesses, offering a comprehensive analysis of the market and its associated elements. These encompass market drivers, constraints, segmentation, opportunities, challenges, revenue insights, and competitive assessments. This invaluable resource empowers companies to make well-informed decisions in navigating the intricate landscape of their niche market.

Our exceptional team of analysts, experts, statisticians, forecasters, and economists dedicated their rigorous efforts to produce this comprehensive and advanced Non-Opioid Pain Treatment market research report. It serves as a pivotal tool in maintaining a competitive edge over rivals. The report delves into market segmentation, categorizing potential customers into distinct groups based on various attributes, including product application, deployment model, end-user profiles, and geographical regions.

Furthermore, the Non-Opioid Pain Treatment report provides insights into key players, major collaborations, mergers, acquisitions, and emerging trends in innovation and business strategies. It consolidates precise and reliable market research data, offering businesses a clear roadmap for informed decision-making and strategic direction.

Data Bridge Market Research analyses that the non-opioid pain treatment market which was USD 622.65 million in 2021, would rocket up to USD 807.32 million by 2029, and is expected to undergo a CAGR of 3.30% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Pain management is an essential part of medical treatment. Migraine, lower back pain, osteoarthritis, fibromyalgia, localised musculoskeletal pain, and localised neuropathic pain are all examples of chronic pain syndromes. While opioids may be acceptable for acute or chronic pain related to palliative or end-of-life care, as well as current cancer therapy, there are also non-opioid pain management choices. Non-opioid pain treatment is an option for mild to moderate pain. Non-opioid pain relief is available without a prescription and as over-the-counter medications.

Key Growth Drivers:

• Increasing prevalence of osteoarthritis

The rising global prevalence of osteoarthritis, fueled by the ageing population, joint injuries, obesity, repeated stress on the joint, genetics, metabolic illnesses, and bone abnormalities, is expected to fuel demand for non-opioid pain treatment patches. It is the most prevalent type of arthritis, and it most commonly affects the knees, hips, and hands. According to the Osteoarthritis Action Alliance (OAAA), approximately 54.4 million adults in the United States have some type of arthritis, with that number anticipated to rise to 78 million by 2040. Osteoarthritis affects roughly 32.5 million persons in the United States. This tendency is expected to continue in many regions of the world in the future years, propelling the market forward.

• Increasing cases of cancer

Breast, bowel, colorectal, and lung cancer cases are predicted to increase in the next years, propelling the industry forward. The market is expected to benefit from increased awareness among governments in various countries about the availability of novel non-opioid heat patches for the treatment of cancer-related pain. According to the World Health Organization (WHO), cancer will kill approximately 10 million people worldwide in 2020. Breast cancer claimed over 6,85, 000 lives in the same year, while liver cancer claimed 8,30,000 lives and lung cancer claimed 1.80 million lives. This showcases that the prevalence of cancer is set to surge at a fast pace in the near future, which would drive the market.

The report outlines the involvement of key players, including:

Eli Lilly and company (U.S.), Regeneron Pharmaceuticals Inc. (U.S.), Centrexion Therapeutics Corp. (U.S), Acorda Therapeutics (U.S.), Biogen (U.S.), VM Biotech (U.S.), Novartis AG (Switzerland), Alder Biopharmaceuticals (U.S.), Sanofi (France), Pfizer Inc. (U.S.), GSK plc. (U.K.), Hisamitsu Pharmaceutical Co., Inc. (Japan), Clarion (U.S), Endo Pharmaceuticals (Ireland), TEH SENG PHARMACEUTICAL MFG. CO., LTD. (Taiwan), Veridian Healthcare (U.S.), Sorrento Therapeutics, Inc. (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Teikoku Seiyaku Co. Ltd. (Japan)

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Key Market Segmentation

Products (Medical Cannabis, Menthol- Containing, Omega 3 Fatty Acid Containing, Botulinum Toxins, Capsaicin Derived), Therapeutic Applications (Orthopaedic and Musculoskeletal Pain, Neuropathic Pain, Cancer Pain, Other Pain), Drug Type (Acetaminophen, Non-steroidal Anti-inflammatory Drugs, Corticosteroids, Anticonvulsants, Serotoninnorepinephrine Reuptake Inhibitor Antidepressants), Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, Drug Stores, Mail Order Pharmacies)

The Non-Opioid Pain Treatment market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

1. North America: United States, Canada, and Mexico.
2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
5. South America: Brazil, Argentina, and other countries in South America.

North America dominates the non- opioid pain treatment market due to growing clinical trials and increasing funding by the government.

Asia-Pacific is expected to show significant growth, due to changing economic demographic which improves the drug affordability, rising health insurance and low cost of production and R&D boosts efficiency of pharmaceutical companies in the emerging countries such as India.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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