Press Release

Non-Opioids Analgesics Drugs Market to Grow with a CAGR of 4.08% through 2029

Increasing Research and Development Activities and Growing Biotechnology and Pharmaceutical Industries is expected to drive the Global Non-Opioids Analgesics Drugs Market growth in the forecast period, 2025-2029

 

According to TechSci Research report, “Non-Opioids Analgesics Drugs Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Non-Opioids Analgesics Drugs Market has valued at USD 723.48 million in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 4.08% through 2029 to reach USD 945.08 Million.

The Non-Opioid Analgesics Drugs market is being primarily driven by the opioid crisis, prompting a heightened demand for safer alternatives. This crisis, marked by widespread opioid misuse and addiction, has spurred a pressing need for effective non-addictive pain relief options. Consequently, healthcare providers and patients are increasingly turning to non-opioid analgesics drugs to manage various pain conditions, ranging from acute to chronic. Advancements in drug development serve as another significant driver for the Non-Opioid Analgesics Drugs market. Pharmaceutical companies are heavily investing in research and innovation to devise new formulations and targeted therapies. These advancements are yielding more efficient and precise treatments, enhancing patient outcomes, and mitigating the risk of adverse effects.

Moreover, the increasing prevalence of chronic pain conditions, particularly among the aging population, is fueling demand for long-term pain management solutions. Orthopedic and musculoskeletal pain are dominating therapeutic applications, resulting in a surge in demand for non-opioid analgesics drugs tailored to address these specific conditions.

In response to these drivers, several trends are emerging within the market. Biologics, such as antibodies targeting pain mediators, are gaining traction as promising alternatives to conventional pain medications. Also, cannabinoids, particularly CBD, are witnessing increased popularity due to their potential in pain management and the growing acceptance of medical marijuana. Innovative drug delivery systems, including patches and nanoparticles, are further augmenting the efficacy and convenience of pain medications, catering to patient preferences and improving treatment adherence. However, the Non-Opioid Analgesics Drugs market faces several challenges. The stigma associated with the opioid crisis continues to influence perceptions and prescribing patterns, posing a significant barrier to market growth. Regulatory hurdles and stringent approval processes can also impede the introduction of new medications into the market, presenting challenges for pharmaceutical companies.

High development costs and uncertain reimbursement models add further complexity to the market landscape. The lack of standardized guidelines for non-opioid analgesics drugs use and dosing complicates treatment decisions for healthcare providers. The COVID-19 pandemic has also impacted the Non-Opioid Analgesics Drugs market, with disruptions in healthcare systems and supply chains affecting access to medications. Patients with chronic pain encountered difficulties in accessing treatments, leading to a shift towards telemedicine and digital health solutions. Despite these challenges, the pandemic has accelerated trends such as the adoption of telehealth and the development of remote monitoring tools for pain management.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Non-Opioids Analgesics Drugs Market

 

The Global Non-Opioids Analgesics Drugs Market is segmented into products, therapeutic applications, distribution channel, region and competition.

Based on distribution channel, the hospitals pharmacy segment emerged as the fastest-growing distribution channel in the Global Non-Opioid Analgesics Drugs Market in 2023, driven by several key factors that underscore its significance in the market landscape. One of the primary drivers behind the growth of the hospitals pharmacy segment is the increasing demand for non-opioid analgesics drugs in hospital settings. Hospitals serve as critical care centers where patients with various acute and chronic pain conditions receive treatment. As healthcare providers seek safer and more effective alternatives to opioids for pain management, non-opioid analgesics drugs have gained traction within hospital pharmacies. These medications offer pain relief without the risk of addiction or adverse side effects associated with opioids, making them a preferred choice for healthcare professionals.

Hospitals pharmacies are well-equipped to handle the complex needs of patients requiring pain management. They have access to a wide range of non-opioid analgesics drugs, including over-the-counter OTC) and prescription medications, allowing for tailored treatment plans based on individual patient requirements. Hospital pharmacies have stringent quality control measures in place to ensure the safety and efficacy of medications dispensed to patients, instilling confidence among healthcare providers and patients alike. The hospitals pharmacy segment benefits from the comprehensive healthcare infrastructure available within hospital settings. Hospitals typically have onsite pharmacies staffed by trained pharmacists who can provide expert guidance on medication selection, dosing, and administration. This direct access to pharmacy services enhances the efficiency of pain management protocols and facilitates timely adjustments to treatment plans as needed.

Another factor contributing to the growth of the hospitals pharmacy segment is the increasing prevalence of pain-related conditions requiring hospitalization. Chronic pain conditions, post-surgical pain, and pain associated with medical procedures are common reasons for hospital admissions, driving the demand for non-opioid analgesics drugs within hospital settings. As healthcare providers prioritize patient safety and pain management outcomes, non-opioid analgesics drugs play a crucial role in improving patient care and satisfaction.

In Addition, the hospitals pharmacy segment is witnessing increased collaboration between healthcare providers and pharmaceutical manufacturers to optimize pain management strategies. Pharmaceutical companies are partnering with hospitals to educate healthcare professionals about the benefits of non-opioid analgesics drugs and promote their appropriate use in clinical practice. This collaborative approach is fostering innovation in pain management and driving the adoption of non-opioid analgesics drugs as standard of care in hospital settings. The hospitals pharmacy segment's rapid growth in the Global Non-Opioid Analgesics Drugs Market reflects its pivotal role in advancing pain management practices and improving patient outcomes within hospital settings. With increasing recognition of the importance of non-opioid alternatives and ongoing efforts to enhance pain management protocols, the hospitals pharmacy segment is poised to continue its upward trajectory in the years to come.

 

Major companies operating in Global Non-Opioids Analgesics Drugs Market are:

  • Vertex Pharmaceuticals Inc.
  • Cadence Pharmaceuticals Inc.
  • Pacira Biosciences Inc.
  • Eli Lilly and Company
  • Centrexion Therapeutics Corp.
  • Biogen Inc.
  • Novartis AG
  • GSK PLC
  • Pfizer Inc.
  • Teikoku Seiyaku Co. Ltd. 


Download Free Sample Report

Customers can also request for 10% free customization on this report.

 

“The Non-Opioid Analgesics Drugs market is experiencing growth driven by several factors. Drivers include the opioid crisis, spurring demand for safer alternatives, advancements in drug development like biologics and cannabinoids, and the rising prevalence of chronic pain conditions. Trends include the adoption of innovative drug delivery systems, personalized medicine approaches, and the prominence of medical cannabis. Challenges include the opioid crisis stigma, regulatory hurdles for new medications, high development costs, uncertain reimbursement models, and the lack of standardized guidelines for non-opioid use. Despite challenges, the market is growing with a focus on effective and safer pain management options”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Non-Opioids Analgesics Drugs Market – Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Products (Medical Cannabis, Menthol- Containing, Omega 3 Fatty Acid, Botulinum Toxins, Capsaicin Derived), Therapeutic Applications (Orthopedic and Musculoskeletal Pain, Neuropathic Pain, Cancer Pain, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Region, Competition 2019-2029F”, has evaluated the future growth potential of Global Non-Opioids Analgesics Drugs Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Non-Opioids Analgesics Drugs Market.

 

Contact

TechSci Research LLC

420 Lexington Avenue,

Suite 300, New York,

United States- 10170

M: +13322586602

Email: [email protected]

Website: https://www.techsciresearch.com

Relevant News