DUBLIN, July 5, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Analgesics Market 2016-2020" report to their offering.
The report forecasts the global analgesics market to grow at a CAGR of 4.28% during the period 2016-2020.
The report 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.
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 pre-existing disease with the use of these medications.
- Bayer HealthCare
- Johnson & Johnson
- Purdue Pharma
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Pipeline portfolio
PART 06: Market landscape
PART 07: Market segmentation by drug class
PART 08: Market segmentation by type
PART 09: Market segmentation by application
PART 10: Market segmentation by pain type
PART 11: Market segmentation by ROA
PART 12: Geographical segmentation
PART 13: Market drivers
PART 14: Impact of drivers
PART 15: Market challenges
PART 16: Impact of drivers and challenges
PART 17: Market trends
PART 18: Vendor landscape
PART 19: Appendix
For more information visit http://www.researchandmarkets.com/research/t4l25g/global_analgesics
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SOURCE Research and Markets