Non-steroidal Anti-Inflammatory Drugs (NSAIDs) Market Forecast to 2027

 The prevalence of chronic pain imposes a significant health and economic burden due to reduced productivity and treatment expenses. Non-steroidal anti-inflammatory drugs (NSAIDs) are the primary choice for alleviating pain and inflammation. The increasing incidence of conditions like rheumatoid arthritis, ankylosing spondylitis, osteoarthritis, and migraines is driving the demand for these medications. They have become the most widely prescribed drugs worldwide, with approximately 84 million NSAID prescriptions issued annually in the U.S., as stated in a press release by Endo International plc.

Here are some key points about the NSAIDs market as of 2021:

  1. Market Size and Growth: The global NSAIDs market was valued in the billions of US dollars. The market was expected to continue growing, driven by factors such as an aging population, an increasing incidence of chronic diseases, and a rising awareness of the benefits of NSAIDs.
  2. Types of NSAIDs: The market includes various types of NSAIDs, such as ibuprofen, naproxen, aspirin, diclofenac, and others. Each type has specific indications and varying levels of market share.
  3. Indications: NSAIDs are used primarily to manage pain, inflammation, and fever. They find applications in various medical conditions like arthritis, headaches, menstrual cramps, and musculoskeletal injuries.
  4. Prescription vs. Over-the-Counter (OTC): Some NSAIDs are available over-the-counter, while others require a prescription. OTC NSAIDs are widely used for mild to moderate pain relief, while prescription NSAIDs are often used for more severe conditions.
  5. Distribution Channels: NSAIDs are distributed through various channels, including hospitals, pharmacies, online retail, and others. The choice of channel depends on factors like the type of NSAID, the severity of the condition, and regional preferences.
  6. Regional Trends: The market for NSAIDs may vary significantly by region. Factors such as healthcare infrastructure, regulatory policies, and cultural preferences can influence market dynamics.
  7. Competitive Landscape: The NSAIDs industry is competitive, with several pharmaceutical companies manufacturing and marketing these drugs. Some of the major players in the market include Pfizer, Bayer, Novartis, Johnson & Johnson, and GlaxoSmithKline, among others.

Comments

Post a Comment

Popular posts from this blog

U.S. Acne Treatment Market 2023 Growth, Trends, Demand and Business Opportunities -2029

The recently released Fortune Business Insights™ research on the  U.S. Acne Treatment Market   survey report provides facts and statistics regarding market structure and size. Global U.S. Acne Treatment Market Industry, 2023-2028 Research report presents an in-depth analysis of the U.S. Acne Treatment Market size, growth, share, segments, manufacturers, and forecast, competition landscape and growth opportunity. The U.S. acne treatment market size was valued at USD 4.27 billion in 2021. The market is projected to grow from USD 4.50 billion in 2022 to USD 6.12 billion by 2029, exhibiting a CAGR of 4.5% during the forecast period. Get a Free Sample PDF Brochure  –  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/106565 Acne is a skin condition that occurs due to the plugging of hair follicles with sebum, oil, dirt, and dead skin cells. According to the published articles, acne is the most common disease in the U.S., it affects an estimated 80% of the total population a
Read more

Remote Patient Monitoring Devices Market Recent Development, Share, Size, Segments and Revenue Forecast

  The global   Remote Patient Monitoring Devices   Market Share provides market insights to help companies make better business decisions and advance growth plans, based on market forecasts and trends. The dynamic structure of the market, product offerings of key players, their challenges, technical innovation, hurdles and barriers, sales and communication information, sales by country, risk, outlook, landscape competitive, growth strategy, and so on are all marketing variables covered in the study. Explore in depth the current and emerging state of the industry. The study looks at a number of factors, including the degrees of advancement and the various strategies used by the current major players in the market. Request a Free Sample PDF:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/106328 The global remote patient monitoring devices market size was USD 25.32 billion in 2020. The market is expected to grow from USD 30.05 billion in 2021 to USD 101.02 billion in
Read more

 Dental Prosthetics Market Size, Segmentation, Growth Factor,  Demands, Analysis, Regional Forecast to 2028

 The global Dental Prosthetics Market Share provides market insights to help companies make better business decisions and advance growth plans, based on market forecasts and trends. The dynamic structure of the market, product offerings of key players, their challenges, technical innovation, hurdles and barriers, sales and communication information, sales by country, risk, outlook, landscape competitive, growth strategy, and so on are all marketing variables covered in the study. Explore in depth the current and emerging state of the industry. The study looks at a number of factors, including the degrees of advancement and the various strategies used by the current major players in the market. Request a Free Sample PDF:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102677 The global dental prosthetics market size was USD 6.09 billion in 2018 and is projected to reach USD 9.71 billion by 2026, exhibiting a CAGR of 6.0% during the forecast period. Key market pla
Read more