Pain Management Drugs Market Research Report covers the present scenario and the growth prospects of the Pain Management Drugs Industry for 2016-2020. Pain Management Drugs Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Pain Management Drugs globally.
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The Pain Management Drugs Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Pain Management Drugs Market:
- Endo International
- Johnson & Johnson
- Purdue Pharma
Other Prominent Vendors of Pain Management Drugs Market Are:
- Boehringer Ingelheim
- Bristol-Myers Squibb
“Increase in research & development activities will be a key trend for market growth. R&D activities for pain drugs are flourishing due to the increasing demand for efficacious and better-tolerated medications. Morphine is one such drug that works through the body’s natural pain-killing mechanism, preventing pain messages from reaching the brain. However, adverse responses to morphine are prompting scientists to formulate morphine-like drug, which will have the pain-killing qualities of morphine without its side effects such as sedation and potential addiction.”
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According to the Pain Management Drugs Market report, one of the key drivers for market growth will be rise in older population. The ameliorated standards of healthcare facilities and the availability of sophisticated treatment options are improving life expectancy rates worldwide, leading to a growth in older population. The UN Population Division has projected that the number of people aged 60 years and above will increase exponentially in the near future. In developed countries, the total proportion of people aged 60 years and above has increased from 12% in 1950 to 22% in 2011, and it is expected to reach 32% by 2050.
Report also presents Geographical Segmentation analysis of Pain Management Drugs Market of Americas, APAC, EMEA region.
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Further, the Pain Management Drugs Market report states that preference for alternative therapies will be a challenge for the market. Some pain drugs fail to show the required efficacy in the patients. This forces patients to opt for non-pharmacologic treatments to get relief from the symptoms of the condition. Also, in certain cases, patients become allergic or face side effects from drugs or report deterioration of pre-existing disease with the use of these medications. The non-pharmacologic treatments include lifestyle management with therapies such as acupuncture, massage, and stress management/relaxation techniques including yoga, breathing exercises, tai chi, meditation, biofeedback, hypnotherapy, and cognitive behavioral therapy. These treatments are mainly used as preventive or complementary treatments.
Key questions answered in Pain Management Drugs market report:
- What will the Pain Management Drugs market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Pain Management Drugs market?
- What are the challenges to Pain Management Drugs market growth?
- Who are the key vendors in Pain Management Drugs market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 94
Price of Report: $ 2500 (Single User License)
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