Postoperative Pain Management Market – PMI
Postoperative Pain Management Market, By Pain Type, By Product, By Application, By Target Area, and By Region – Trends, Analysis and Forecast till 2029
COVINA, CALIFORNIA, UNITED STATES, April 20, 2023/EINPresswire.com/ — The Postoperative Pain Management Industry trends analysis refers to the market for drugs, devices, and therapies that are used to manage pain after surgery. Postoperative pain is a common issue after surgical procedures, and effective pain management is important to ensure patient comfort, promote faster recovery, and prevent the development of chronic pain. The global postoperative pain management market was valued at USD 7.34 billion in 2020 and is expected to reach USD 11.02 billion by 2028, growing at a CAGR of 5.2% from 2021 to 2028. The market is driven by several factors, including the increasing prevalence of chronic diseases, rising geriatric population, growing demand for non-opioid pain management therapies, and advancements in pain management technology.
The market is segmented based on product type, application, and end-user. The product types include opioids, non-steroidal anti-inflammatory drugs (NSAIDs), local anesthetics, and other non-opioid drugs. The applications of postoperative pain management include orthopedic surgeries, gynecological surgeries, cardiovascular surgeries, and others Overall, the postoperative pain management market is expected to continue to grow in the coming years, driven by the increasing demand for effective pain management therapies and the development of new technologies and drugs to meet this demand.
Postoperative Pain Management Market, By Pain Type (Acute Pain, Moderate Pain, and Severe Pain), By Product (Non-Steroidal Anti-Inflammatory Drugs (NSAIDS), Antiepileptic Drugs, COX-2 Inhibitor, Opioids, and Other Analgesics), By Application (Cancer Pain, Arthritic Pain, Neuropathic Pain, Musculoskeletal Pain, and Migraine), By Target Area (Back, Legs, Hand & Arms, and Other), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2029
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Key players:
• Teva Pharmaceutical Industries Ltd.
• Novartis AG
• Allergan plc
• Mylan N.V.
• Pfizer, Inc.
• Purdue Pharma L.P
• Janssen Pharmaceuticals, Inc.
• Endo International plc
• Pacira Pharmaceuticals Inc.
• Egalet Corporation
Regional scope:
>North America
o U.S.
o Canada
>Europe
o UK
o Germany
o Spain
o France
o Italy
o Russia
o Rest of Europe
>Asia Pacific
o Japan
o India
o China
o South Korea
o Australia
o Rest of Asia-Pacific
>Latin America
o Brazil
o Mexico
o Argentina
o Rest of Latin America
>Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of Middle East & Africa
Russia Ukraine War Effect:
•Political impact: The war has strained relations between Russia and the West, particularly the United States and European Union. Sanctions have been imposed on Russia by the West, which has led to a decline in trade and investment. The conflict has also led to the annexation of Crimea by Russia, which has been widely condemned by the international community.
•Economic impact: The war has had a significant impact on the economies of Ukraine and Russia, as well as neighboring countries. The conflict has disrupted trade, investment, and economic growth, particularly in Ukraine. The sanctions imposed on Russia by the West have also impacted the Russian economy, particularly in the areas of energy, finance, and technology.
•Humanitarian impact: The war has led to a significant humanitarian crisis, with hundreds of thousands of people displaced and many others struggling to access basic necessities such as food, water, and medical care. There have also been reports of human rights abuses, including torture and extrajudicial killings.
•Geopolitical impact: The conflict has had a significant impact on the geopolitical landscape of the region and beyond. It has led to increased tensions between Russia and the West, particularly with regards to Ukraine’s relationship with NATO and the European Union. It has also contributed to broader concerns about Russian aggression and expansionism.
•Security impact: The war has had a significant impact on the security of the region, with the potential for further destabilization and conflict. The conflict has also highlighted the vulnerability of the region to external interference and the importance of maintaining stability and security.
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Analytics view:
From an analytics view, the postoperative pain management market presents a promising opportunity for growth and innovation. The market has witnessed steady growth in recent years, driven by increasing prevalence of chronic diseases, growing geriatric population, and advancements in pain management technology.The use of analytics in this market can provide valuable insights into patient demographics, pain management preferences, and treatment outcomes. Analytics can also help healthcare providers to optimize pain management protocols, predict pain levels, and reduce opioid usage by leveraging alternative treatments.
Moreover, analytics can be used to monitor the safety and effectiveness of postoperative pain management drugs and devices, which is especially important given the recent concerns surrounding opioid addiction and overdose. By analyzing real-world data, such as electronic medical records and claims data, analytics can help identify patients at risk of addiction and provide targeted interventions to prevent adverse outcomes.
In addition, analytics can be used to identify market trends and opportunities for growth, such as the growing demand for non-opioid pain management therapies. By analyzing data on consumer preferences, treatment efficacy, and market demand, companies can develop innovative
products and strategies to meet the evolving needs of patients and healthcare providers.
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Shweta Raskar
Prophecy Market Insights
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