Brooklyn, New York, USA, 2021-Apr-27— /Meridian Market Consultants/ — A fresh report has been published and added, recently, in the massive database of Meridian Market Consultants (MMC), which is developed using verified research methodologies and proven analytical approaches. The report determines diverse eminent factors and trends encouraging the market growth of the GlobalPostoperative Pain Management Market. The research study is entitled “Postoperative Pain Management Market: Opportunity Analysis and Future Assessment 2020-2028”, which profoundly examines the global market evolution, along with the in-depth knowledge of the future market potential and the statistics implicated in the development of the respective market during the forecast period of 2020-2028. For the avail and interest of the readers, the report arrives at the conclusion with a special emphasis on the comprehensive profiling of the leading players in the GlobalPostoperative Pain Management Market.
The global Postoperative Pain Management Market in 2020 is estimated for more than US$ 32.8 Bn and expected to reach a value of US$ 50.2 Bn by 2028 with a significant CAGR of 5.5%.
The enormous growth in the global population and growing awareness among individuals towards chronic diseases like chronic obstructive pulmonary disorder (COPD) and also towards treatments with surgery in cancer are driving the growth of the global postoperative pain management market. For instance, according to data published by World Health Organization (WHO), in September 2018, Cancer is the second leading cause of death globally and is responsible for an estimated 9.6 Mn deaths in 2018.
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In addition, rapid change towards preferences of lifestyles and an increase in the rate of plastic surgery and cosmetic reconstruction is expected to drive the growth of the target market around the globe. Persistent effort towards the innovation and introduction of non-opioid drugs by manufacturers is fueling high competition between manufacturers of postoperative pain management drugs.
Increasing investment of research and development for high-quality post-operative management solutions due to the increasing demand for effectual pain management with minimum side effects, acting as one of the main factors that will drive the growth of the global post-operative pain management market around the globe.
However, complications associated with the overdose of pain management drugs and poor primary health care services in the underdeveloped regions are likely to restraints the growth of the global post-operative pain management market.
Nevertheless, an Increase in the rate of surgical procedures and surgical interventions in various disease conditions are expected to create substantial growth opportunities for the target market around the globe.
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Postoperative Pain Management Market Segmentation
The global postoperative pain management market is segmented on the basis of pain type, product, application, target area, and by region.
• By Pain Type:
Acute Pain
Moderate Pain
Severe Pain
• By Product:
Non-Steroidal Anti-Inflammatory Drugs (NSAIDS)
Antiepileptic Drugs
COX-2 Inhibitor
Opioids
Other Analgesics
• By Application
Cancer Pain
Arthritic Pain
Neuropathic Pain
Musculoskeletal Pain
Migraine
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• By Target Area:
Back
Legs
Hand And Arms
Other
• By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Postoperative Pain Management Market Drug Pipeline Overview
Many of the top companies are launching new and novel drug treatments to increase their market for postoperative pain management. Because of the side effects and habit-forming property of the therapy major players are concentrating on the development of better analgesics. Companies are using a trend of strategic alliance and acquisition to gain the global market and minimize the competition in the global postoperative pain management market.
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Postoperative Pain Management Market Competitive Landscape
Some of the key participating players in the global postoperative pain management market are Teva Pharmaceutical Industries Ltd., Novartis AG, Allergan plc, Mylan N.V., Pfizer Inc., Purdue Pharma L.P, Janssen Pharmaceuticals, Inc., Endo International plc, Pacira Pharmaceuticals Inc., Egalet Corporation., and GlaxoSmithKline Plc.
Regional Segmentation
On the basis of region, the postoperative pain management market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
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