Pain Relief Medication Market 2020

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Pain Relief Medication Market 2020-2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
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Pain Relief Medication Market 2020-2025
Pain Relief Medication Market Highlights
According to MRFR analysis, Pain Relief
Medication Market is expected to register a CAGR
of 4.73 during the forecast period of 2019 to
2025 and held a value of USD 55,275 million in
2018. Pain relief medicine is a branch of
medicine that employs an interdisciplinary
approach for easing the suffering and improving
the quality of life of those living with acute as
well as chronic pain. The growth of the global
pain relief medication market is driven by
several factors such as increasing patient
population suffering from chronic pain and cancer
pain, increasing research in the pain management
field, and rising product launch in the pain
relief medication market. However, the stringent
regulations and high cost of drugs are likely to
hamper the growth of the global pain relief
medication market. Several market players
currently dominate the global pain relief
medication market. The key players are involved
in product launches and strategic collaborations
to strengthen their market positions.

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Pain Relief Medication Market 2020-2025
Pain Relief Medication Market Regional Analysis
The market has been divided, by region, into the
Americas, Europe, Asia-Pacific, and the Middle
East Africa. The Americas are expected to be
the largest market owing to the rise in chronic
diseases in this region. In Brazil, chronic pain
is a widespread clinical condition, affecting
between 28 and 41 of the Brazilian population.
The pain relief medication market in the Americas
has further been branched into North America and
Latin America, with the North American market
divided into the US and Canada. The European pain
relief medication market has been categorized as
Western Europe and Eastern Europe. The Western
European market has further been classified as
Germany, France, the UK, Italy, Spain, and the
rest of Western Europe. Browse Complete Report wit
h TOC _at_ https//www.marketresearchfuture.com/repor
ts/pain-relief-medication-market-8431
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Pain Relief Medication Market 2020-2025
Pain Relief Medication Market Segmental Analysis
The global pain relief medication market has been
segmented based on drug class, indication, and
distribution channel. The market, based on drug
class, has been divided into nonsteroidal
anti-inflammatory drugs, opioids, COX-2
inhibitors, and others. The nonsteroidal
anti-inflammatory drug segment is likely to be
the largest during the review period due to the
high efficacy rate of this drug class. The
opioids segment is predicted to be the
fastest-growing due to the increasing awareness
about the drugs in this class in the pain relief
medication market. The global pain relief
medication market has been segmented based on
the indication, into cancer pain, neuropathic
pain, musculoskeletal pain, inflammatory
conditions, and others. The cancer pain segment
is expected to hold the majority share of the
market owing to the increasing people suffering
from this type of pain.
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Pain Relief Medication Market 2020-2025
Pain Relief Medication Market Key Players

• AbbVie Inc. (US)
• Allergan plc (Ireland)
• Astellas Pharma Inc. (Japan)
• Bayer (Germany)
• Biogen Idec (US)
• Boehringer Ingelheim International GmbH (Germany)
• Bristol-Myers Squibb (US)
• Eli Lilly and Company (US)
• GlaxoSmithKline (UK)
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