Analgesics Market Share, Size, Price, Growth, Trends and Forecasts 2016 – 2020

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Analgesics Market Share, Size, Price, Growth, Trends and Forecast
2016 – 2020
Technavio Announces the Publication of its Research Report – Global Analgesics Market 2016-2020
Technavio recognizes the following companies as the key players in the global analgesics market: Pfizer,
Bayer HealthCare, Sanofi, Endo International, Johnson & Johnson, and Purdue Pharma.
Other Prominent Vendors in the market are: Achelios Therapeutics, Alder BioPharmaceuticals, Allergan,
Amgen, AstraZeneca, Baxter, Boehringer Ingelheim, Bristol Myers Squibb, CoLucid Pharmaceuticals,
Daiichi Sankyo, Dr. Reddy's Laboratories, DURECT, El Lilly & Company, F. Hoffmann La Roche,
GlaxoSmithKline, GW Pharmaceuticals, Hospira, Immune Pharmaceuticals, Innovative Med Concepts,
Merck, NeurAxon, Novartis, OptiNose, Pain Therapeutics, RedHill, Sorrento Therapeutics, Suda, Taro
Pharmaceuticals Industries, Teva Pharmaceuticals Industries, Tonix Pharmaceuticals, Trigemina, UCB,
Valeant Pharmaceuticals International, WEX Pharmaceuticals, and Zynerba Pharmaceuticals.
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Commenting on the report, an analyst from Technavio’ s team said: “A key trend which is boosting
market growth is the accelerated use of online resources. Several manufacturers and retailers are
shifting their marketing strategy to the online platform to achieve high-volume sales and offer
convenience and comfort for end-users. For instance, websites such as,,, and offer pain tablets, caplets, gels, creams, and ointments. These
sites provide options such as live chat to provide instant support to individuals who face difficulties
when purchasing pain medication.”
According to the report, a key growth driver is the rapid industrialization in China. Changes in
government policies of countries are increasing the preference for OTC drugs over prescription drugs.
These drugs do not require a written prescription from healthcare professionals and can be purchased
directly from pharmacy stores. This is a major factor that promotes the increased use of these products
and a rise in the practice of self-medication. For instance, people with pain conditions use analgesics
such as acetaminophen, aspirin, ibuprofen, and diclofenac.
Further, the report states that a major factor that could hamper market growth is the growing
preference for alternative therapies. Many analgesics do not show the required long-term efficacy,
which leads to patients opting for non-pharmacologic treatments for pain relief. Also, patients
sometimes become allergic or experience severe side-effects from drugs or deterioration of a preexisting disease with the use of these medications.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About the Analgesics Market
Analgesics are among the most commonly prescribed drugs for pain, especially that from fractures,
ankle sprains, and other injuries. These are designed particularly for pain relief. Opioids, NSAIDs, and
local anesthetics are the major analgesics used to treat pain. The long term use of analgesics has been
linked to gastrointestinal problems. Pain is treated with analgesics, also called as pain killers, many of
which are accessible without a prescription, including acetaminophen, aspirin, or ibuprofen. These
medicines are termed as non-prescription or OTC analgesics and can be used either alone for mild pain
or in combination with other medicines for severe pain.
Technavio’ s analysts forecast the global analgesics market to grow at a CAGR of 4.28% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global analgesics market for
2016-2020. To calculate the market size, Technavio considers the revenue generated from the total
consumption of analgesics globally. The report does not include revenue generated from the
aftermarket service of the product.
The market is divided into the following segments based on geography:
• Americas
Technavio's report, Global Analgesics Market 2016-2020, 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. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• Pfizer
• Bayer HealthCare
• Sanofi
• Endo
• Johnson & Johnson
• Purdue Pharma
Other prominent vendors
• Achelios Therapeutics
• Alder BioPharmaceuticals
• Allergan
• Amgen
• AstraZeneca
• Baxter
• Boehringer Ingelheim
• Bristol Myers Squibb
• CoLucid Pharmaceuticals
• Daiichi Sankyo
• Dr. Reddy's Laboratories
• El Lilly & Company
• F. Hoffmann La Roche
• GlaxoSmithKline
• GW Pharmaceuticals
• Hospira
• Immune Pharmaceuticals
• Innovative Med Concepts
• Merck
• NeurAxon
• Novartis
• OptiNose
• Pain Therapeutics
• RedHill
• Sorrento Therapeutics
• Suda
• Taro Pharmaceuticals Industries
• Teva Pharmaceuticals Industries
• Tonix Pharmaceuticals
• Trigemina
• Valeant Pharmaceuticals International
• WEX Pharmaceuticals
• Zynerba Pharmaceuticals
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Market driver
• Increase in self-medication
• For a full, detailed list, view our report
Market challenge
• Preference for alternative therapies
• For a full, detailed list, view our report
Market trend
• Accelerated use of online resources
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Sam Collins
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Technavio recognizes the following companies as the key players in the global analgesics market: Pfizer, Bayer HealthCare, Sanofi, Endo International, Johnson & Johnson, and Purdue Pharma.