The global postoperative pain market is expected for postoperative pain is expected to reach a value of US$ 63.8 billion by 2033, up from an anticipated value of US$ 38.43 billion in 2023. Throughout the projection period, there will likely be an increase in the use of postoperative pain medications at a CAGR of 5.2%.
Crucial information and forecast statistics covered in the Postoperative Pain market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis.
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Surgery is associated with long-lasting chronic postoperative pain that normally lasts between three and six months, according to health professionals. Although phantom pain is one of the common postoperative diseases that follows breast surgery, a caesarean section, a thoracotomy, a limb amputation, or inguinal hernia repair, the need for postoperative pain is expected to increase. Between one-third and fifty percent of patients do not receive effective postoperative pain treatment, according to numerous studies conducted in countries with well-established healthcare systems.
Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Postoperative Pain market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Postoperative Pain Market: Segmentation
Valuable information covered in the FMI’s Postoperative Pain market report has been segregated into key segments and sub-segments.
By Drug Class:
- Opioids
- NSAIDs
- Local Anesthetic
- Acetaminophen
By Route of Administration:
- Injectable
- Oral
- Topical
- Transdermal
- Others
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- Clinics
- Others
Postoperative Pain Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Postoperative Pain market. Competitive information detailed in the Postoperative Pain market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Postoperative Pain market report.
Key players covered in the report include:
- Novartis AG
- Allergan plc
- Teva Pharmaceutical Industries Ltd.
- Mylan N.V.
- Pfizer Inc.
- Purdue Pharma L.P
- Janssen Pharmaceuticals, Inc.
- Endo International plc.
- Pacira Pharmaceuticals Inc.
- Egalet Corporation
- GlaxoSmithKline Plc
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