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Global Post-Operative Pain Management Market By Type (Acute Pain Management, Moderate Pain Management, And Severe Pain Management), By Application (Cancer Pain, Arthritic Pain, Neuropathic Pain, Musculoskeletal Pain, Migraine Pain), By Region (North America, MEA, Europe, Asia Pacific, And Latin America), Forecasts 2024-2035

  • PUBLISHED ON
  • 04/10/2022
  • NO OF PAGES
  • 231
  • CATEGORY
  • Healthcare & Life Sciences
Global Post-Operative Pain Management Market- Description
Post-operative pain management is predominantly referred to as the use of a wide array of therapies or drugs to reduce muscle and tissue spasm in patients who have recently undergone a surgical procedure. It is evident that all type of surgeries, be it major or minor cause postoperative pain in patients which in turn increases their hospital stays while burdening them with psychological and physical stress. Hence, a wide range of therapeutics have been developed to keep such pains at bay. Some of the commonly used post-surgery pain management drugs are cox inhibitors, opioids, and anesthetics, among others.

Global Post-Operative Pain Management Market- Overview
The global post-operative pain management market was worth USD 35.5 billion in 2021 and is expected to register a CAGR of 5% over 2022-2030, thereby amassing a valuation of USD 57.8 billion by end of the assessment timeframe. The growing prevalence of chronic diseases including cancer, COPD, tumors, and kidney disorders, among others and rise in the number of surgeries across the globe are primarily augmenting the outlook of this marketplace.

Furthermore, growing cognizance regarding the benefits of surgical treatments and rapid evolution in the field of medical science are creating lucrative opportunities for the industry sphere to prosper.
Also, increasing R&D activities in the field, rising health consciousness of the masses, and widespread technological innovation in the field are adding momentum to the progression of this business vertical.
On the contrary, side effects pertaining to certain post-operative pain management drugs is hindering the remuneration scope of this marketplace.

Global Post-Operative Pain Management Market- Key Trends
Increase In The Prevalence Of Road Accidents To Aid Industry Expansion
With rapid urbanization, there has been a widespread surge in the number of vehicles on roads. This has further resulted in a steep rise in the number of road accidents powered by traffic congestion, irresponsible driving, and bad road conditions. Therefore, increase in the number of road accidents is elevating the demand for pain management therapeutics so as to reduce soreness and heavy pain caused by trauma injuries in the accident victims.

Growing Focus Market Players To Develop Efficient Drugs In The Field To Bolster Market Growth
With rise in the number of surgical treatment options for a wide array of diseases, key industry players have increased their efforts to develop efficient post-surgery pain management medications. Various biopharmaceutical companies have created abuse-deterrent opioid drugs and extended-release non-opioid drugs which have shown positive results in the field of post-operative pain management. This in turn is creating an upward trend for the industry progression.

Global Post-Operative Pain Management Market- Segmental Assessment
By Type
• Acute Pain Management
• Moderate Pain Management
• Severe Pain Management
The severe pain management segment is slated to generate significant returns over 2022-2030. This is credited to the rise in the number of patients having trauma injuries.

By Application
• Cancer Pain
• Arthritic Pain
• Neuropathic Pain
• Musculoskeletal Pain
• Migraine Pain
• Others
The cancer pain segment is poised to amass notable gains over the estimated timeframe ascribed to the rising pervasiveness of the diseases coupled with the emergence of various surgical treatments for the same.

Global Post-Operative Pain Management Market- Geographical Landscape
North America, Middle East & Africa, Europe, Latin America, and Asia Pacific are the major regions constituting the geographical ambit of this business vertical. Among these, North America is projected to capture a substantial revenue share over 2022-2030. This is attributable to the rising healthcare expenditure, increase in the number of surgeries, growing prevalence of chronic ailments, and presence of strong industry players.

Global Post-Operative Pain Management Market- Competitive Hierarchy
The prominent players defining the competitive terrain of this marketplace are Eli Lilly, Pfizer, Purdue Pharma, Endo Pharmaceuticals Plc., Forest Laboratories, Inc., Teva Pharmaceutical Industries Ltd., Johnson & Johnson, GlaxoSmithKline, F. Hoffman-La Roche Ltd., and Baxter International, Inc.
Notably, in May 2020, Zyla Life Sciences announced the acquisition of Asserito Therapeutics, Inc. to enhance its offerings in the pain products portfolio.

Report scope
Global Post-Operative Pain Management Market: Historical Years- 2018-2021
Global Post-Operative Pain Management Market: Forecast Years- 2022-2030
Global Post-Operative Pain Management Market 2021- USD 35.5 Billion
Global Post-Operative Pain Management Market 2030- USD 57.8 Billion
Global Post-Operative Pain Management Market CAGR- 5%

Key segments reported-
• By Type (Acute Pain Management, Moderate Pain Management, and Severe Pain Management)
• By Application (Cancer Pain, Arthritic Pain, Neuropathic Pain, Musculoskeletal Pain, Migraine Pain, and Others)

Major regions and countries covered-
• North America (U.S. and Canada)
• Asia Pacific (China, Japan, Australia, South Korea, and India)
• Latin America (Columbia, Mexico, Argentina, and Brazil)
• Middle East & Africa (UAE, Egypt, and South Africa)
• Europe (U.K., France, Germany, Russia, and Italy)

Top players profiled- Eli Lilly, Pfizer, Purdue Pharma, Endo Pharmaceuticals Plc., Forest Laboratories, Inc., Teva Pharmaceutical Industries Ltd., Johnson & Johnson, GlaxoSmithKline, F. Hoffman-La Roche Ltd., and Baxter International, Inc.

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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