Non-narcotic analgesics Market Size, Share, Impressive Industry Growth, Report 2027

 

The Global Non-narcotic analgesics market is estimated to grow at a significant CAGR during the forecast period. Non-opioid analgesics are drugs used to relieve pain; however, because most opioid drugs are misused at some point by patients or other people for non-medical purposes, the use of opioid drugs is suggested to be lowered by many healthcare professionals. Non-narcotic analgesics are pain and inflammation-controlling drugs. A non-narcotic drug is one that has antipyretic, analgesic, and anti-inflammatory properties. Non-narcotic analgesics have no effect on opioid receptors. Some of these drugs can be used during surgery to decrease post-operative pain, and reduce the need for narcotics.

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The rising incidence of chronic diseases such as cancer, where different therapies such as chemotherapy are to responsible for pain, is expected to fuel the expansion of the non-opioid analgesics market. The rising number of surgeries is expected to increase the prevalence of post-operative pain, driving the expansion of the non-opioid analgesics market. The growing number of persons suffering neuropathic pain is expected to fuel the expansion of the non-opioid analgesics industry. According to NCBI, Non-narcotic analgesics are effectiveness for a wide spectrum of pain and inflammatory disorders, non-opioid analgesics are among the most commonly used medicines. Over 172 million prescriptions for cyclooxygenase (COX) inhibitors (both selective and non-selective) were issued in the United States alone.

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In June 2019, Ironwood Pharmaceuticals and Allergan started treating patients in a Phase II Clinical Trial of MD-7246 in individuals with irritable bowel syndrome and diarrhoea (IBS-D). The drug is being tested as an oral, intestinal, non-opioid pain reliever for individuals with abdominal pain caused by gastrointestinal disorders.

In June 2018, Sandoz Canada announced a collaboration with Tilray, a Health Canada-licensed medical cannabis producer, to become the first Canadian pharmaceutical firm to enter the medical cannabis sector.

Market Coverage

·        The market number available for – 2020-2027

·        Base year- 2020

·        Forecast period- 2021-2027

·        Segment covered

o             By Type

o             By Application

·        Region covered

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the world

·        Competitive Landscape - Akron, Inc., BioDelivery Sciences International, Inc., Endo Pharmaceuticals., GlaxoSmithKline PLC., Novartis AG., Pfizer., Sanofi S.A, and Teva Pharmaceuticals., among others.

Key questions addressed by the report

·        What is the market growth rate?

·        Which segment and region dominates the market in base year?

·        Which segment and region will project fastest growth in the market?

·        How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

·        Who is the leader in the market?

·        How players are addressing challenges to sustain growth?

·        Where is the investment opportunity?

Market Segmentation

By Type

·        Non Steroid Anti - inflammatory Drug

·        Steroid Anti - inflammatory Drug

By Application

·        Hospital

·        Medical Center

·        Others

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Non-narcotic analgesics Market– Segment by Region

North America          

·        United States

·        Canada

Europe

·        Germany

·        United Kingdom

·        France

·        Spain

·        Italy

·        Rest of Europe

Asia-Pacific   

·        China

·        Japan

·        India

·        Rest of Asia-Pacific

Rest of the World

·        Middle East & Africa

·        Latin America

Company Profiles

·        Akron, Inc. 

·        BioDelivery Sciences International, Inc.

·        Endo Pharmaceuticals.

·        GlaxoSmithKline PLC.

·        Novartis AG.

·        Pfizer

·        Sanofi S.A

·        Teva Pharmaceuticals

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