North America Analgesics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

North America Analgesics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The North America analgesics market reached a value of US$ 20.4 Billion in 2018. An analgesic or painkiller is any member of the group of drugs used for achieving analgesia or relief from pain. Analgesic drugs act in different ways on the peripheral and central nervous systems. They mostly include paracetamol or acetaminophen, the nonsteroidal anti-inflammatory drugs (NSAIDs), such as the salicylates, and opioid drugs, including morphine and oxycodone. Analgesics are taken to relieve pain that can arise from appendicitis, surgery, infection, headaches, mensuration, cancer, pain syndromes, sprains, strains, toothache, etc.

The North America analgesics market is currently driven by several factors. The rising geriatric population suffering from incurable health issues, such as joint pain, has stimulated the demand for pain treatment therapies. These therapies employ different types of analgesics, thus catalyzing the market growth in the region. Moreover, the prevalence of osteoarthritis, cardiovascular diseases and cancer have substantially risen in the region, which has also induced the demand for analgesics. Furthermore, the growing number of surgeries, coupled with the penetration of effective pain management medications is expected to fuel the growth of the market during the next few years. Apart from this, availability of analgesics drugs in forms of gels, creams, sprays and oral tablets has made them consumer friendly. Looking forward, IMARC Group expects the market to reach a value of US$ 24.5 Billion by 2024, registering a CAGR of around 3% during 2019-2024.


Report Scope:

North America Analgesics Market

Key Regions Analysed
United States
Canada
Mexico

Analysis for Each Country

Market by Type
Prescription Analgesics
OTC Analgesics

Market by Drug Class
Opioids
NSAID
Others

Market by Route of Administration
Oral
Parenteral
Topical
Transdermal
Rectal

Market by Pain Type
Musculoskeletal Pain
Surgical and Trauma Pain
Cancer Pain
Neuropathic Pain
Migraine
Obstetrical Pain
Fibromyalgia
Pain due to Burns
Dental/Facial Pain
Pediatric Pain
Others

Market by Application
Internal Analgesics
External Analgesics

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:

How has the North America analgesics market performed so far and how will it perform in the coming years?
What are the key regions in the North America analgesics market?
What is the breakup of the North America analgesics market on the basis of type?
What is the breakup of the North America analgesics market on the basis of drug class?
What is the breakup of the North America analgesics market on the basis of route of administration?
What is the breakup of the North America analgesics market on the basis of pain type?
What is the breakup of the North America analgesics market on the basis of application?
What are the various stages in the value chain of the North America analgesics industry?
What are the key driving factors and challenges in the North America analgesics industry?
What is the structure of the North America analgesics industry and who are the key players?
What is the degree of competition in the North America analgesics industry?
What are the profit margins in the North America analgesics industry?

Report Coverage:

Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Currency: US$
Geography Covered: North America, United States, Canada and Mexico
Segments Covered: Type, Drug Class, Route of Administration, Pain Type and Application.

Report Customization: Although IMARC has tried to cover everything in the North America analgesics market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.