Global Analgesics Market Size & Outlook
The analgesics industry worldwide is expected to reach a projected revenue of US$ 61,391.9 million by 2030. A compound annual growth rate of 6% is expected of the worldwide analgesics industry from 2023 to 2030.
Revenue, 2022 (US$M)
$38,604.1
Forecast, 2030 (US$M)
$61,391.9
CAGR, 2023 - 2030
6%
Report Coverage
Worldwide
Global analgesics market, 2018-2030 (US$M)
Related Markets
Global analgesics market highlights
- The global analgesics market generated a revenue of USD 38,604.1 million in 2022 and is expected to reach USD 61,391.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6% by 2030.
- In terms of segment, non-opioid accounted for a revenue of USD 20,079.2 million in 2022.
- Compound Medication is the most lucrative drug type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 38,604.1 million |
| Market revenue in 2030 | USD 61,391.9 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Non-opioid |
| Fastest growing segment | Compound Medication |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Opioid, Non-opioid, Compound Medication |
Other key industry trends
- In terms of revenue, the North America accounted for 31.8% of the global analgesics market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 2,604.9 million by 2030.
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Analgesics Market Scope
Analgesics market segmentation & scope
Analgesics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global analgesics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to analgesics market will help companies and investors design strategic landscapes.
non-opioid was the largest segment with a revenue share of 52.01% in 2022. Horizon Databook has segmented the Global analgesics market based on opioid, non-opioid, compound medication covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Analgesics Drug Type Outlook (Revenue, USD Million, 2018-2030)
- Opioid
- Non-opioid
- Compound Medication
- Global Analgesics Application Outlook (Revenue, USD Million, 2018-2030)
- Musculoskeletal
- Surgical and Trauma
- Cancer
- Neuropathic
- Migraine
- Obstetrical
- Fibromyalgia
- Pain due to Burns
- Dental/Facial
- Pediatric
- Other Drug Type
- Global Analgesics Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Oral
- Parenteral
- Transdermal
- Other Route of Administrations
- Global Analgesics Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Hospital pharmacies
- Retail pharmacies
- Online pharmacies
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Target buyers of Global analgesics market databook
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Our clientele includes a mix of analgesics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global analgesics market, including forecasts for subscribers. This global databook contains high-level insights into Global analgesics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global analgesics market report statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Analgesics market report size, 2022 (USD Million)
Top 10 countries: Analgesics market report size, 2022 (USD Million)
Global analgesics market, by region, 2022 (US$M)
Related regional statistics
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