South Korea Non-opioid Pain Treatment Market Size & Outlook
South Korea non-opioid pain treatment market, 2018-2030 (US$M)
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South Korea non-opioid pain treatment market highlights
- The South Korea non-opioid pain treatment market generated a revenue of USD 710.3 million in 2021 and is expected to reach USD 1,549.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.1% from 2022 to 2030.
- In terms of segment, local anesthetics was the largest revenue generating drug class in 2021.
- Acetaminophen is the most lucrative drug class segment registering the fastest growth during the forecast period.
Non-opioid pain treatment market data book summary
| Market revenue in 2021 | USD 710.3 million |
| Market revenue in 2030 | USD 1,549.9 million |
| Growth rate | 9.1% (CAGR from 2021 to 2030) |
| Largest segment | Local anesthetics |
| Fastest growing segment | Acetaminophen |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | NSAIDs, Acetaminophen, Local Anesthetics |
| Key market players worldwide | Novartis AG ADR, Teva Pharmaceutical Industries Ltd, Dr. Reddy’s Laboratories, Sun Pharmaceutical Industries, GSK PLC ADR, Pfizer Inc, Perrigo Co PLC, LNK International Inc., Cipla Ltd DR, Johnson & Johnson, Pacira BioSciences Inc, Pierrel S.p.A |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global non-opioid pain treatment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China non-opioid pain treatment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,059.1 million by 2030.
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Non-opioid Pain Treatment Market Scope
Non-opioid Pain Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea non-opioid pain treatment 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 non-opioid pain treatment market will help companies and investors design strategic landscapes.
Local anesthetics was the largest segment with a revenue share of 43.83% in 2024. Horizon Databook has segmented the South Korea non-opioid pain treatment market based on nsaids, acetaminophen, local anesthetics covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea non-opioid pain treatment market databook
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Our clientele includes a mix of non-opioid pain treatment 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea non-opioid pain treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea non-opioid pain treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea non-opioid pain treatment market
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