Analgesics Market: Industry Analysis and Forecast (2021-2029)

Analgesics Market size was valued at US$ 48.04 Bn in 2021 and the total revenue is expected to grow at 4.9 % through 2022 to 2029, reaching nearly US$ 70.44Bn.
Analgesics Market Overview

Analgesics also recognized as painkillers medications that are used to help relieve and treat aches and pains. Inflammation, cancer treatments, physiological injury, neuropathic conditions, surgeries, wounds, and phantom aches are all treated with analgesics, both internal and external. Local anesthetic, non-steroidal anti-inflammatory medications (NSAIDs), and opioids are the most common therapeutic types of analgesics. The continuous expansion of the global analgesics market is mostly owing to the increase incidence of cancer worldwide and the rise in chronic diseases. These drugs include paracetamol, non-steroidal anti-inflammatory drugs (NSAIDs) such as the salicylates, and opioid drugs such as morphine and oxycodone. Analgesics are used for treating pain resulting from physiological injuries, surgeries, phantom aches, inflammation, neuropathic conditions and cancer treatments.

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