Ultra Market Research | U.S. Pain Management Drugs Market
Comprehensive Analysis of the U.S. Pain Management Drugs Market: Trends and Forecast

U.S. Pain Management Drugs Market

  • Report ID : 603

  • Category : Pharmaceuticals

  • No Of Pages : 140

  • Published on: July 2024

  • Status: Published

  • Format : Power Point PDF Excel Word

Key Question Answer

check-box

Global Market Outlook

check-box

In-depth analysis of global and regional trends

check-box

Analyze and identify the major players in the market, their market share, key developments, etc.

check-box

To understand the capability of the major players based on products offered, financials, and strategies.

check-box

Identify disrupting products, companies, and trends.

check-box

To identify opportunities in the market.

check-box

Analyze the regional penetration of players, products, and services in the market.

check-box

Comparison of major players financial performance.

check-box

Evaluate strategies adopted by major players.

check-box

Recommendations

U.S. Pain Management Drugs Market


With a compound annual growth rate (CAGR) of XX% from 2024 to 2033, the US market for pain management pharmaceuticals was valued at US$ XX billion in 2023 and is projected to reach US$ XX billion by 2033. The growing awareness of the value of pain management programs for people with a range of chronic conditions is driving development in the U.S. market for painkillers. These all-inclusive plans are helpful for treating both acute pain from surgery or injuries and chronic pain from illnesses or chronic health conditions.. Since pain is a common indication of many different types of accidents, infections, and illnesses, the need for efficient pain management techniques is highlighted. The market is expected to develop as a result of the various types of pharmaceuticals used in pain management, such as opioids, acetaminophen, nonsteroidal anti-inflammatory drugs, antidepressants, antiepileptics, and local anaesthetics. These medications provide a variety of possibilities for customised treatment techniques.

 

Market Overview
Market for painkillers in the United States is expanding quickly due to the growing emphasis on complete pain management programs offered by medical experts. To assist people properly manage all types of pain, these regimens include a range of techniques such as medication, injections, therapy, and exercise. Millions of Americans suffer greatly from chronic pain, which is a common indicator of many illnesses, injuries, and ailments. Experts in pain management are essential in controlling pain with individualised care that frequently combines different methods. The difficulties in obtaining complete relief and all-encompassing pain management strategies help those with chronic pain to be in better physical and emotional health. The market for pain management medications is expanding, meeting a large need in the healthcare system, as over 100 million Americans suffer from chronic pain, including a sizable percentage of patients with terminal cancer and residents of nursing homes. The extensive effects of chronic pain on independence, everyday activities, social interactions, mood, and sleep habits highlight how urgently improved pain management treatments are needed in the US.
 

Key Takeaways 
•    By drug class, the opioids segment is expected to dominate the market over the forecast period.
•    By indication, the arthritic pain segment is expected to capture the largest market share during the forecast period.
•    By distribution channel, the hospital pharmacy segment held the largest share of the market in 2023. The segment is observed to sustain the position throughout the predicted timeframe.


Report Highlights     
By Drug Class
For the duration of the projection period, the opioids sector is expected to continue to dominate the market. Opioids are a class of medications well-known for their ability to reduce moderate to severe pain by interacting with nerve cells. Despite being useful in the treatment of pain, opioids have the potential to become addictive because they can cause euphoria and tolerance. As a result, medical professionals have modified their prescription procedures to reduce the possibility of opioid use disorder by writing prescriptions for lower dosages and shorter durations. The Food and Drug Administration (FDA) in the United States has authorised a number of opioids to treat severe coughing and persistent diarrhoea. One such opioid that is used to treat diarrhoea and irritable bowel syndrome (IBS) is loperamide. The FDA's expanding approvals and strategic approach to prescribing opioids highlight the changing dynamics of opioid usage and regulation in the pharmaceutical industry.
 

By Indication
Because chronic pain linked to arthritis is so common in the US, it is expected that the arthritic pain segment would hold the biggest market share during the projected period. Every year, millions of people suffer from arthritic pain; a significant fraction of these people have excruciating joint pain and ongoing discomfort. Collaborative endeavours and alliances, bolstered by CDC-funded initiatives, have enabled the distribution of validated self-management education workshops and physical activity intervention programs tailored to arthritis to a broad audience throughout many states and territories. According to a recent study, the number of individuals worldwide expected to suffer from osteoarthritis—the most common type of arthritis—will soar to about 1 billion by the year 2050. Since 15% of people over 30 have osteoarthritis, there is an urgent need for efficient pain treatment techniques in this indication.
 

By Distribution Channel
In the market for pain relief medications in the United States, the hospital pharmacy sector has become the most important distribution route. A wide range of clinical pharmacy services, such as pharmacokinetic monitoring, target drug programs, route conversions, disease management initiatives, and patient education, are crucially provided by hospital pharmacists. By working closely with the medical staff, chemists greatly improve pain management in the hospital environment. Their commitment to addressing the changing requirements of patients and staff at healthcare facilities like SJHC is demonstrated by their engagement in the development of cutting-edge practices and programs. This highlights how vital hospital pharmacies are as vital routes of distribution for painkillers in the US market.

Market Dynamics
Driver 
Pain Medications Versatile Relief Mechanisms 
Painkillers, which include acetaminophen, opioids, and nonsteroidal anti-inflammatory medicines (NSAIDs), are needed for people to be able to function normally and carry out daily tasks. By relieving symptoms, these drugs empower people and lessen emotions of despair and frustration that come with being dependent on others. NSAIDs reduce inflammation by blocking certain enzymes that the body releases after an injury, whereas opioids mimic endorphins, the body's natural painkiller, to reduce pain and inhibit nerve cell activity. This complex process effectively meets a range of pain treatment needs and drives the growth of the American market for painkillers.
 

Restraints 
Challenges in Chronic Pain Management 
In the US, chronic pain is a major public health concern that causes both patients and doctors to have difficult and frustrating experiences. The therapy of chronic pain can be more difficult than that of cancer pain, which frequently has a direct correlation with the illness. In contemporary medical practice, there is sometimes insufficient recognition of the availability of multimodal therapeutic alternatives, including opioids taken through multiple routes, for pain control in terminal patients. The difficulties and limitations associated with treating chronic pain limit the market for painkillers in the United States from expanding.
 

Opportunities
Advancements in Pain Medicine Technologies 
U.S. market for pain management medications is expected to see significant growth as a result of recent developments in pain medicine technology, which highlight the trend towards individualised care for pain sufferers. New insights into pain serve as inspiration for the development of novel devices and therapies, and advancements in pain physiology research and the production of novel pain management technology are mutually reinforcing. These include spinal and peripheral stimulators that use electrical impulses to revers dysfunctional neural processes in order to address complicated pain syndromes and axial back pain. These modalities are increasingly supported by clinical evidence, and their value is being expanded by continuous developments in device optimisation and miniaturisation. The panorama of pain management alternatives is further enhanced by evolving interventional musculoskeletal methods, such as sacroiliac (SI) joint fusion for back pain originating from SI joint dysfunction. These techniques create lucrative potential for expansion in the U.S. market for pain management medications.
 

Recent Developments

•    In March 2023, Pfizer's ZAVZPRET (zavegepant) migraine nasal spray received FDA approval. 
•    In April 2024, Baxter expanded its pharmaceuticals portfolio with new injectable products in the U.S. 
•    In July 2023, Biogen announced the acquisition of Reata Pharmaceuticals. 
•    In January 2023, Catalyst Pharmaceuticals completed the acquisition of U.S. rights to FYCOMPA (perampanel) CIII. 
•    In May 2024, Lexicon Pharmaceuticals selected Medidata to help advance the first non-opioid drug for neuropathic pain in over two decades. 
 

Key Players in the U.S. Pain Management Drugs Market
Teva Pharmaceutical
Pfizer
Abbott
Mallinckrodt Pharmaceuticals
Endo International
GlaxoSmithKline
AstraZeneca
Depomed
Merck
Novartis


Market Segmentation
By Drug Class
NSAIDs
Opioids
Anesthetics
Antidepressants
Anticonvulsants
Others

By Indication
Arthritic Pain
Neuropathic Pain
Chronic Back Pain
Post-Operative Pain
Cancer Pain
Others

By Distribution Channel
Online Pharmacy
Retail Pharmacy
Hospital Pharmacy

 

Choose License Type

  • $3999

  • $5550

  • $6999

Our Reports Look Like This

Ultra Market Research

HAVE A QUESTION

will help you find what you are looking for:


Related Reports

Recent Reports

Subscribe to Newsletter

Provide your email to get email notification when we publish new reports.

whatsapp