Non-opioid pain treatments are pharmacological therapies that alleviate pain without relying on opioids, which can lead to addiction and other negative consequences. This group mostly includes NSAIDs, analgesics, antidepressants, and other pharmaceuticals. Non-opioid analgesics are becoming increasingly popular due to their safety and efficacy in treating both acute and chronic pain.
According to SPER market research, ‘Global Non-opioid Pain Treatment Market Size- By Drug Class, By Pain, By Route of Administration, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Non-opioid Pain Treatment Market is predicted to reach 104.89 billion by 2034 with a CAGR of 7.53%.
Drivers: The growth of the non-opioid pain treatment market can be related to growing worries about the opioid epidemic and the demand for alternate pain management solutions. The market is growing due to factors such as the rising prevalence of chronic pain conditions, advances in non-opioid pain treatments such as nonsteroidal anti-inflammatory drugs (NSAIDs), physical therapy, and alternative therapies, and a growing emphasis on multimodal approaches to pain management.
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Restraints: The side effects of non-opioid medications are creating significant barriers to the growth of the non-opioid pain management market. Long-term use of nonsteroidal anti-inflammatory drugs (NSAIDs), the most popular type of nonopioid painkiller available, has been linked to an increased risk of gastrointestinal, renal, and cardiovascular complications. NSAIDs can induce gastritis, ulcers, and in severe cases, gastrointestinal bleeding. Many people’s pre-existing kidney problems are exacerbated by these. Long-term use of some NSAIDs has been associated to an increased risk of cardiovascular disease, such as heart attacks and strokes.
Global Non-opioid Pain Treatment Market Key Players:
North America has dominated the non-opioid pain treatment market, owing to its emphasis on alternative pain management techniques. The North American market has been driven by high healthcare costs, as well as extensive availability and adoption of novel treatment choices. The presence of significant players, as well as the availability of new technologies, provide patients with simple access to novel treatment options. Furthermore, the expanding senior population, which is prone to chronic pain, contributes to regional growth. Some of the key market players are Novartis AG, Teva Pharmaceutical Industries Limited, Dr. Reddy’s Laboratories Ltd, Sun Pharmaceutical Industries Ltd, GSK plc, Pfizer Inc, and others.
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Non-opioid Pain Treatment Market Share
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