Global Analgesics Market Size & Outlook, 2022-2030
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 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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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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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 size, by regions, 2018-2030 (US$M)
Top 10 countries: Analgesics market report size, 2022 (US$M)
Global analgesics market report share, by drug type, 2022 & 2030 (%, US$M)
Analgesics market: Opportunity assessment by country
Global analgesics market, by region, 2022 (US$M)
| Drug Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 11,150.7 | 11,649.7 | 11,093.4 | 11,678.8 | 12,259.1 | 12,850.8 | 13,482.8 | 14,158.2 | 14,880.8 | 15,654.4 | 16,483.6 | 17,372.9 | 18,327.8 | 5.2% |
| Europe | 9,905.6 | 10,380.7 | 9,915.7 | 10,471.8 | 11,027.1 | 11,596.6 | 12,206.4 | 12,860.2 | 13,561.6 | 14,314.9 | 15,124.6 | 15,995.8 | 16,934.1 | 5.5% |
| Asia Pacific | 8,020.8 | 8,540.3 | 8,287.7 | 8,890.8 | 9,509.3 | 10,156.2 | 10,855.8 | 11,613.1 | 12,433.6 | 13,323.4 | 14,289.4 | 15,339.0 | 16,480.8 | 7.1% |
| Latin America | 2,753.9 | 2,913.3 | 2,809.2 | 2,994.8 | 3,183.4 | 3,379.4 | 3,590.7 | 3,818.7 | 4,065.0 | 4,331.2 | 4,619.2 | 4,931.3 | 5,269.6 | 6.5% |
| MEA | 2,261.6 | 2,395.0 | 2,311.9 | 2,467.2 | 2,625.2 | 2,789.7 | 2,967.1 | 3,158.6 | 3,365.6 | 3,589.5 | 3,831.9 | 4,094.6 | 4,379.7 | 6.6% |
| Overall | 34,092.5 | 35,879.2 | 34,417.9 | 36,503.4 | 38,604.1 | 40,772.7 | 43,102.9 | 45,608.9 | 48,306.6 | 51,213.4 | 54,348.6 | 57,733.6 | 61,391.9 | 6.0% |
Related regional statistics
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