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(Transportation-News.com, January 28, 2016 ) Additionally, the increasing number of hospitalization cases; unmet requirements for neuropathic pain management drugs; innovative and advanced applications of pain management therapies; increasing prevalence of various chronic diseases, such as cancer, and neurological problems; and increasing healthcare expenditure are also driving the growth of the global market. The growing numbers of mergers and acquisitions is a key trend observed in the market. Among the various therapeutic indications, the post-operative pain relief segment accounted for the largest share, and the low-back pain segment accounted for the second largest share in the global market.
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Pain management drugs are mainly used to relieve discomfort associated with injury and surgeries. Moreover, pain management medications are used in the management of pain associated with neurological problems, migraine, cancer, orthopedic problems, low- back pain, rheumatoid arthritis, and fibromyalgia.
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North America and Europe are the major markets, due to increasing prevalence of chronic diseases, and growing awareness about various types of chronic pain conditions in these regions. The U.S. followed by Canada, is the largest market for pain management drugs in North America. Whereas, the U.K., Germany and France are some of the major countries holding significant share in the European pain management drugs market.
Some of the major players operating in the global pain management drugs market include Purdue Pharma L.P., Teva Pharmaceutical Industries Ltd., Eli Lilly and Company, Forest Laboratories Inc., Endo International PLC, Johnson & Johnson, Pfizer Inc., Valeant Pharmaceuticals International Inc., GlaxoSmithKline PLC, F. Hoffmann-La Roche Ltd., and Baxter International Inc.
Pain Management Drugs Market Segmentation
By Category
Prescription-Based Drugs
Over-The-Counter (OTC) Drugs
By Therapeutic Indications
Post-Operative Pain
Low-Back Pain
Rheumatoid Arthritis Pain
Osteoarthritis Pain
Cancer Pain
Migraine
Neuropathic Pain
Fibromyalgia
Others
By Brands
Maxalt
Zomig
Qutenza
Lidoderm
Savella
Imitrex
Voltaren Gel
Celebrex
Cymbalta
Others
By Geography
North America
o U.S.
o Canada
Europe
o Germany
o France
o U.K.
o Spain
o Italy
Asia
o Japan
o China
o India
Latin America
o Brazil
Rest of the World
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