Analgesics Market

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Analgesics Market
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Analgesics Market Expected to Reach 50.7 Billion
by 2030 Allied Market Research
In the current business scenario, there is
increase in the incidences of chronic diseases,
such as tuberculosis (TB), cancer, cardiovascular
diseases, and arthritis, and rise in OTC
analgesics market growth. In addition, there is a
substantial rise in the number of patients due to
infectious diseases, such as gastrointestinal,
respiratory, and neurology. Increase in these
diseases increases the demand for painkillers,
which is expected to further drive the growth of
the analgesics market. Moreeover, the increase in
demand for over the counter (OTC) drug, is one of
the factor responsible for the growth of OTC
analgesics market The analgesics market size was
valued at 26.7 billion in 2020, and is estimated
to reach 50.7 billion by 2030, growing at a CAGR
of 6.6 from 2021 to 2030. 

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Covid-19 Scenario The COVID-19 outbreak is
anticipated to have a positive impact on growth
of the global analgesics market share. The
COVID-19 pandemic has stressed healthcare systems
in the world and increased the need for advanced
hospitals. Implementation of the spread of
COVID-19 infection increased the demand for
analgesic drug such as paracetamol, and drive the
growth of the market.  
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• List of key players profiled in the report
• Abbott Laboratories
• AbbVie Inc.
• Bayer AG
• Eli Lilly and Company
• endo pharmaceuticals
• Glaxosmithkline plc
• johnson and johnson mdd
• Pfizer, Inc.
• Reckitt Benckiser Group
• Sanofi

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ABOUT US
Allied Market Research (AMR) is a full-service
market research and business-consulting wing of
Allied Analytics LLP based in Portland, Oregon.
Allied Market Research provides global
enterprises as well as medium and small
businesses with unmatched quality of "Market
Research Reports" and "Business Intelligence
Solutions." AMR has a targeted view to provide
business insights and consulting to assist its
clients to make strategic business decisions and
achieve sustainable growth in their respective
market domain.
We are in professional corporate relations with
various companies and this helps us in digging
out market data that helps us generate accurate
research data tables and confirms utmost accuracy
in our market forecasting. Allied Market Research
CEO Pawan Kumar is instrumental in inspiring and
encouraging everyone associated with the company
to maintain high quality of data and help clients
in every way possible to achieve success. Each
and every data presented in the reports published
by us is extracted through primary interviews
with top officials from leading companies of
domain concerned. Our secondary data procurement
methodology includes deep online and offline
research and discussion with knowledgeable
professionals and analysts in the industry.
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