Key Insights into the Non-Steroidal Anti-inflammatory Drugs Market: Trends, Growth Rate, and Opportunities Through 2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theNon-Steroidal Anti-inflammatory Drugs Market?
The non-steroidal anti-inflammatory drugs market’s expansion is projected to be fueled by the rising prevalence of chronic pain. Chronic pain can be defined as persistent discomfort lasting over six months. Non-steroidal anti-inflammatory drugs are commonly employed to recover from injuries and address chronic pain. For instance, as per an April 2022 report by the CDC (Centers for Disease Control and Prevention), a US government agency, arthritis was often the root cause of chronic pain, affecting millions across the country. Around one in four adults with arthritis, estimated at 15 million people, are grappling with severe joint pain caused by arthritis. Hence, the increasing instances of chronic pain contribute to the proliferation of the non-steroidal anti-inflammatory drugs market.
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#How Does the ProjectedNon-Steroidal Anti-inflammatory Drugs Market Growth Compare Over the Forecast Period?
Recent years have seen a robust increase in the market size of non-steroidal anti-inflammatory drugs. It is projected to enlarge from $20.68 billion in 2024 to $22.1 billion in 2025, with a compound annual growth rate (CAGR) of 6.8%. The historic expansion of this market can be credited to factors such as the prevalence of chronic inflammatory diseases, management of pain post-surgery, sports-related injuries, over-the-counter accessibility, an aging demographic, and heightened consumer awareness.
There is predicted to be robust expansion in the non-steroidal anti-inflammatory drugs market in the upcoming years. The market is expected to reach a value of $28.79 billion by 2029, with a compound annual growth rate (CAGR) of 6.8%. Factors contributing to this growth during the forecasted period include the rise of new pain management therapies, regulatory shifts, use of telehealth, global wellness trends, competition from biosimilars, patient choices, and precision medicine methods. The forecasted period also sees key trends such as dominance of the over-the-counter (OTC) market, increased inclination towards Cox-2 inhibitors, generic drugs and market competition, as well as the incorporation of digital health technologies.
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What Are the Current Market Growth and Trends in theNon-Steroidal Anti-inflammatory Drugs Market That Industry Players Should Watch?
In the non-steroidal anti-inflammatory drugs market, product invention is a prominent trend. Companies that are significant players in this market are focusing on developing novel technological solutions. Take for example, in March 2024, Endo International plc, a pharmaceutical corporation based in Ireland, unveiled ibuprofen-famotidine 800 mg/26.6 mg tablets. These tablets encapsulate the pain relief and anti-inflammatory functionalities of ibuprofen with the stomach-protecting benefits of famotidine. The aim is to ease pain while reducing the potential for gastrointestinal side effects, which are often a problem with long-term usage of nonsteroidal anti-inflammatory drugs (NSAIDs) like ibuprofen.
What Are the Major Market Players Making an Impact on theNon-Steroidal Anti-inflammatory Drugs Market Growth?
Major companies operating in the non-steroidal anti-inflammatory drugs market are Pfizer Inc., Bayer AG, Johnson & Johnson, Sun Pharmaceutical Industries Ltd., Assertio Therapeutics Inc., Iroko Pharmaceuticals Inc., Reckitt Benckiser Group PLC, Perrigo Company PLC, Hikma Pharmaceuticals Public Limited Company, Glenmark Pharmaceuticals Limited, Septodont, Aspen Pharmacare Holdings Limited, Sagent Pharmaceuticals Inc., Advanced Pharma Inc., Akorn Operating Company LLC, Alembic Pharmaceuticals Limited, Torrent Pharmaceuticals Limited, Lupin Limited, Cipla Limited, Zydus Cadila Healthcare Limited, Aurobindo Pharma Limited, Sanofi S.A., GlaxoSmithKline PLC, Horizon Therapeutics PLC, Zyla Life sciences, Novartis AG, Roche Holding AG, AbbVie Inc., Bristol-Myers Squibb Company
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How Are the Key Segments of the Non-Steroidal Anti-inflammatory Drugs Market Driving Opportunities and Innovations?
The non-steroidal anti-inflammatory drugs market covered in this report is segmented –
1) By Route Of Administration: Oral, Topical, Other Route Of Administration
2) By Disease Indication: Arthritis, Migraine, Ophthalmic Diseases, Other Disease Indications
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
Subsegments:
1) By Oral: Tablets, Capsules, Liquids Or Solutions
2) By Topical: Gels, Creams, Patches
3) By Other Route Of Administration: Injectable (Intravenous And Intramuscular), Suppositories
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