According to the report by Expert Market Research (EMR), the global non-steroidal anti-inflammatory drugs (NSAIDs) market is projected to grow at a CAGR of 5.40% between 2024 and 2032. Aided by the increasing demand in pain management and anti-inflammatory therapies, the market is expected to grow significantly by 2032.
NSAIDs, a class of drugs effective in reducing pain, fever, and inflammation, are widely used in the treatment of various conditions such as arthritis, menstrual cramps, and other musculoskeletal disorders. Their mechanism of action involves the inhibition of enzymes (COX-1 and COX-2) responsible for inflammation and pain.
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The non-steroidal anti-inflammatory drugs (NSAIDs) market growth is primarily fuelled by the increasing prevalence of chronic diseases such as rheumatoid arthritis, osteoarthritis, and gout, where NSAIDs are a cornerstone of therapy. The aging global population, more susceptible to such chronic conditions, also contributes significantly to the market expansion.
Additionally, the development of COX-2 selective inhibitors, designed to minimise gastrointestinal side effects common with traditional NSAIDs, has widened the consumer base for these drugs. These advancements have been crucial in enhancing patient compliance and expanding the therapeutic applications of NSAIDs.
The growing awareness and accessibility to over-the-counter (OTC) NSAIDs for short-term pain management also play a vital role in driving the non-steroidal anti-inflammatory drugs (NSAIDs) market demand. The rising focus on personalised medicine and targeted drug delivery systems presents another opportunity for the growth of the NSAID market. Tailoring NSAID therapy to individual patient needs could improve efficacy and reduce adverse effects, thereby enhancing the overall market potential.
North America holds a significant portion of the non-steroidal anti-inflammatory drugs (NSAIDs) market share, attributed to its advanced healthcare infrastructure, high prevalence of chronic diseases, and extensive R&D activities in pharmaceuticals. However, the Asia Pacific region is witnessing rapid growth, driven by increasing healthcare spending, growing patient awareness, and improving healthcare facilities.
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The future of the NSAIDs market appears promising, with continuous advancements in drug development and a growing focus on minimising adverse effects. Emerging trends, such as the integration of nanotechnology in drug formulation and the development of novel delivery systems, are expected to shape the market’s future.
Non-steroidal Anti-Inflammatory Drugs (NSAIDs) Market Segmentation
The market can be divided based on disease indication, route of administration, distribution channel, and region.
Market Breakup by Disease Indication
- Arthritis
- Migraine
- Ophthalmic Diseases
- Others
Market Breakup by Route of Administration
- Oral
- Parenteral
Market Breakup by Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global non-steroidal anti-inflammatory drugs (NSAIDs) market. Some of the major players explored in the report by Expert Market Research are as follows:
- Assertio Holdings, Inc.
- Bayer AG
- Amgen Inc
- Lion Corporation
- Reddy’s Laboratories Ltd.
- Novartis AG
- Others
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