The analgesics market consists of sales of farm machinery and equipment, and lawn and garden The analgesics or analgesic drugs market consists of sales of analgesic drugs and related services. Analgesic drugs include opioids, non-steroidal anti-inflammatory drugs (NSAIDs), local anesthetics and Acetaminophen. These drugs can be administrated orally, intravenous, rectal, transdermal or topical. Analgesics drugs are generally distributed by channels including hospital pharmacies, retail pharmacies, drug stores or clinics. Analgesics also known as pain killers are used to treat mild or severe pain, including musculoskeletal pain, surgical, trauma pain, cancer pain or other type of pains. Examples of analgesics includes codeine, hydrocodone, oxycodone and methadone.
Global Analgesics Market Size:
The global analgesics market is expected to grow from $71.6 billion in 2020 to $72.49 billion in 2021 at a compound annual growth rate (CAGR) of 1.2%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $91.88 billion in 2025 at a CAGR of 6.1%.
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Global Analgesics Market Segments:
The global analgesics market is further segmented –
By Type: Non-opioids, Opioids
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores
By Route of Administration: Oral, Intravenous, Rectal, Transdermal, Topical
By Drug Type: Prescription Analgesics, OTC Analgesics
By Application: Internal Analgesics, External Analgesics
By Geography: The global analgesics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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https://www.thebusinessresearchcompany.com/report/analgesics-global-market-reportAnalgesics Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides analgesics market overviews, analyzes and forecasts market size and growth for the global analgesics market, analgesics market share, analgesics market players, analgesics market segments and geographies, analgesics market’s leading competitors’ revenues, profiles and market shares. The analgesics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.