PUBLISHER: DataM Intelligence | PRODUCT CODE: 1702360
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1702360
The Asia-Pacific pain management drugs market reached US$ 14,230.57 million in 2024 and is expected to reach US$ 31,304.67 million by 2033, growing at a CAGR of 9.2% during the forecast period 2025-2033.
Pain management drugs, also called analgesics, are medications aimed at alleviating pain. These are classified into several categories, which majorly include non-steroidal anti-inflammatory drugs (NSAIDs), opioids, corticosteroids, muscle relaxants, anticonvulsants, etc.
NSAIDs are commonly used for mild to moderate pain and help reduce inflammation. Opioid analgesics, including morphine and oxycodone, are stronger medications prescribed for moderate to severe pain. They act by binding to specific receptors in the brain to block pain perception. Anticonvulsants, antidepressants and are effective for managing nerve pain and chronic pain syndromes.
Market Dynamics: Drivers & Restraints
Growing Demand for Non-Opioid Pain Relief Alternatives
The Asia Pacific pain management drugs market has shifted towards non-opioid alternatives due to increased awareness of opioid risks and the need for safer pain relief options. Non-opioid analgesics like NSAIDs, acetaminophen, and cannabinoids are gaining traction. The increasing prevalence of chronic pain conditions like arthritis, neuropathic pain, and musculoskeletal disorders is driving the need for alternative pain management solutions. Government initiatives to curb the opioid crisis are also boosting demand for non-opioid pain relief treatments.
High Cost of Advanced Pain Management Treatments
The Asia Pacific pain management drugs market faces challenges due to the high cost of advanced treatments like biologics, gene therapies, and neuromodulation techniques. These treatments are often not covered by insurance in some countries, causing affordability concerns for patients. This is particularly problematic in emerging markets with limited healthcare budgets. Despite this, the demand for advanced pain management drugs is increasing due to the growing prevalence of chronic pain and the need for more effective solutions, driving innovation in drug development and the medical device sectors.
The Asia Pacific pain management drugs market is segmented based on drug type, indication, mode of prescription, and distribution channel.
The non-steroidal anti-inflammatory drugs from the drug type segment are expected to dominate the pain management drugs market with the highest market share
NSAIDs are medications used to reduce inflammation, pain, and fever by inhibiting cyclooxygenases (COX-1 and COX-2), which produce prostaglandins, chemicals responsible for inflammation and pain. They are commonly used to manage conditions like arthritis, muscle pain, headaches, and other inflammatory diseases.
The NSAIDs segment is growing due to widespread use for pain management, affordability, and accessibility. NSAIDs are preferred for their efficacy in reducing inflammation, pain, and fever, and are available in various formulations. Increased awareness of NSAIDs' effectiveness and advancements in drug formulations contribute to their growth. Moreover, novel launches, the rise in healthcare infrastructure,
Improved access to medical services further facilitates greater prescription and use of NSAIDs for acute and chronic pain conditions.
For instance, in November 2023, Hisamitsu Pharmaceutical launched the Salonpas Diclofenac Patch 1% in Singapore, marking the first in the Salonpas line to use diclofenac, a clinically used ingredient that effectively alleviates pain. Singapore is the first market in South East Asia outside Japan to receive the new product, catering to the aging and active population.
The major Asia-Pacific players in the pain management drugs market include Sun Pharmaceutical Industries Ltd, Kalbe Farma, Hisamitsu Pharmaceutical Co., Inc., Torrent Pharmaceuticals Ltd, Dr. Reddy's Laboratories Ltd, Cipla Inc., Wockhardt Ltd, Bayer AG, Haleon Group of Companies, and Kenvue Brands LLC, among others.
The Asia-Pacific pain management drugs market report delivers a detailed analysis with 42 key tables, more than 43 visually impactful figures and 159 pages of expert insights, providing a complete view of the market landscape.
Target Audience 2024
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