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Asia Pacific Pain Management Therapeutics Market Size, Industry Analysis Report By Therapeutics (Anaesthetics, Anticonvulsant), By Indication (Arthritic pain, Cancer Pain) & Countries - Forecasts

  • PUBLISHED ON
  • 2024-01-08
  • NO OF PAGES
  • 234
  • CATEGORY
  • Healthcare & Life Sciences
Asia Pacific Pain Management Therapeutics Market- Description
Pain is generally referred to as a disturbing sensory and emotional sensation that mainly results from tissue damage or disease.
A number of disorders can cause discomforts that includes, osteoarthritis, cancer, multiple sclerosis, stomach ulcer, diabetic neuropathy, fibromyalgia, and also chronic arthritis.

The length of pain can range from acute pain intended for the short term to chronic pain intended for the long term. The chronic pain is mainly caused because of aged bone and joint conditions, injury, or nerve damage.

Asia Pacific Pain Management Therapeutics Market- Overview
The Asia Pacific Pain Management Therapeutics Market is valued at USD 78,711.14 million in 2022 and is projected to reach a value of USD 1,04,451.39 million in 2030 expanding at a CAGR of 3.6% over the forecast period of 2022-2030.

Pain is mainly the result of potential tissue damage that leads to an unbearable sensory and emotional experience. The first line of treatment in pain management involves the usage of pharmaceuticals from various therapeutic classes that includes, antidepressants, opioids, NSAIDs, anticonvulsants, anaesthetic, and other non-narcotic analgesics.
Additionally, different drugs are utilized to manage pain that usually results from inflammation in response to tissue damage, chemical agents or pathogens, or even nerve damage.

The growing rate of chronic diseases that includes, diabetic neuropathy, osteoarthritis, and cancer and the rising elderly population has boosted the market growth over the forecast period, in addition to the rise in adoption of opioids for the pain management therapeutics market.

Asia Pacific Pain Management Therapeutics Market- Key Market Trends

• Rising adoption of opioids in the market
One of the major factor that has fuelled the market growth over the forecast period is the rising adoption of opioids in the market. The companies have started replacing for the use of opioids that has boosted the market growth.

• Approval, as well as the launch of new therapeutics, have boosted the market
Another factor that has boosted the market growth over the forecast period is the approval as well as the launch of new therapeutics in the market. These have resulted in the use for adults in certified medically supervised healthcare settings for the management of acute pain severe enough to require an opioid analgesic.
Additionally, rising prevalence of arthritis is also projected to aid the market growth over the forecast period. Such as, an estimated 54.4 million US adults have diagnosed arthritis that have accounted for around 1 in 4 people in the U.S., according to the Centres for Disease Control and Prevention (CDC)’s May 2019 report.

Asia Pacific Pain Management Therapeutics Market- Segmental analysis

Based on Therapeutics
• Anaesthetics
• Anticonvulsant
• Antidepressant Drugs
• Anti-Migraine Drugs
• Opioids
• Others

The Opioids segment has dominated the market growth over the forecast period. This is because of the rising use of opioids by the number of major players operating in the marker.

Based on Indication
• Arthritic Pain
• Neuropathic Pain
• Cancer Pain
• Chronic Pain
• Post-Operative Pain
• Migraine
• Fibromyalgia
• Bone Fracture
• Muscle Sprain/Strain
• Acute Appendicitis
• Other Indications

The arthritic pain segment has dominated the market growth over the forecast period. This is because of the rising prevalence of arthritis is also projected to aid the market growth over the forecast period.

Based on Distribution Channel
• Online pharmacy
• Retail pharmacy
• Hospital pharmacy

The online pharmacy has dominated the market growth over the forecast period. This is because of the rising use of online transactions and makes work easier.

Asia Pacific Pain Management Therapeutics Market- Geographical Analysis
The Asia Pacific region is segmented into China, Japan, India, Australia, Singapore, Thailand, and the Rest of Asia Pacific. The market is anticipated to be dominated by China over the forecast period. This is credited to the growing healthcare costs, the mounting awareness that is related to neuropathic pain management along with the presence of a large patient pool in the nation

Asia Pacific Pain Management Therapeutics Market- Competitive Landscape
Some of the prominent companies operating in the market are Allergen Inc., AstraZeneca, Baxter International Inc., Boehringer Ingelheim, Eli Lilly and Company, Endo Pharmaceuticals, GlaxoSmithKline plc, Johnson & Johnson Services Inc., Mallinckrodt Novartis AG, Pfizer Inc., Sanofi S.A, Sorrento Therapeutics, Teva Pharmaceutical Industries Ltd, Valeant Pharmaceuticals International Inc., and Others.

Report Scope
Asia Pacific Pain Management Therapeutics Market: Historical Year- 2018-2021
Asia Pacific Pain Management Therapeutics Market: Forecast Year- 2022-2030
Asia Pacific Pain Management Therapeutics Market 2022- USD 78,711.14 million
Asia Pacific Pain Management Therapeutics Market 2030- USD 1,04,451.39 million
Asia Pacific Pain Management Therapeutics Market CAGR- 3.6%

Major Segments Covered-
• By therapeutics (Anaesthetics, Anticonvulsant, Antidepressant Drugs, Anti-Migraine Drugs, Opioids, Others)
• By Indication (Arthritic Pain, Neuropathic Pain, Cancer Pain, Chronic Pain, Post-Operative Pain, Migraine, Fibromyalgia, Bone Fracture, Muscle Sprain/Strain, Acute Appendicitis, Other Indications)
• By Distribution Channel (Online pharmacy, Retail pharmacy, Hospital pharmacy)

Key regions and countries covered
• Asia Pacific (China, Japan, India, Australia, Singapore, Thailand, and the Rest of Asia Pacific)

Top Players Profiled- Allergen Inc., AstraZeneca, Baxter International Inc., Boehringer Ingelheim, Eli Lilly and Company, Endo Pharmaceuticals, GlaxoSmithKline plc, Johnson & Johnson Services Inc., Mallinckrodt Novartis AG, Pfizer Inc., Sanofi S.A, Sorrento Therapeutics, Teva Pharmaceutical Industries Ltd, Valeant Pharmaceuticals International Inc., and Others.
1. Asia Pacific Pain Management Therapeutics Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Pain Management Therapeutics Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2018 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2031
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Asia Pacific Pain Management Therapeutics Market Scope and Market Estimation
1.4.1. Asia Pacific Pain Management Therapeutics Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2018 to 2031)
1.4.2. Asia Pacific Pain Management Therapeutics Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2018 to 2031
1.5. Pain Management Therapeutics Market Segmentation
1.5.1. Pain Type of Asia Pacific Pain Management Therapeutics Market
1.5.2. Therapeutics of Asia Pacific Pain Management Therapeutics Market
1.5.3. Indication of Asia Pacific Pain Management Therapeutics Market
1.5.4. Distribution Channel of Asia Pacific Pain Management Therapeutics Market
1.5.5. Key Countries of Asia Pacific Pain Management Therapeutics Market

2. Asia Pacific Pain Management Therapeutics Market - Executive Summary
2.1. Asia Pacific Pain Management Therapeutics Market – Summary & Snapshot
2.2. Asia Pacific Pain Management Therapeutics Market, By Pain Type (US$ Million)
2.3. Asia Pacific Pain Management Therapeutics Market, By Therapeutics (US$ Million)
2.4. Asia Pacific Pain Management Therapeutics Market, By Indication (US$ Million)
2.5. Asia Pacific Pain Management Therapeutics Market, By Distribution Channel (US$ Million)
2.6. Asia Pacific Pain Management Therapeutics Market, By Geography (US$ Million)
2.7. Asia Pacific Pain Management Therapeutics Market Outlook & Future Opportunities

3. Pain Management Therapeutics Market Trends, Outlook, and Factors Analysis
3.1. Asia Pacific Pain Management Therapeutics Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Asia Pacific COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Asia Pacific Pain Management Therapeutics Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Pain Management Therapeutics Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Rise in the number of patients needing orthopaedic, trauma, and general surgeries is anticipated to drive the market
3.2.1.2. An increase in healthcare expenditure and growth in awareness of diseases are the some factors which expected to grow the market
3.2.2. Restraints
3.2.2.1. Growing concerns about drug exploitation and the patent expiration of prescribed painkillers hampers market growth
3.2.3. Opportunities
3.2.3.1. Research & development activities and product improvements offers immense market expansion opportunities
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Pain Management Therapeutics Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Pain Management Therapeutics Market
3.9.1. By Pain Type
3.9.2. By Therapeutics
3.9.3. By Indication
3.9.4. By Distribution Channel
3.9.5. By Country

4. Asia Pacific Pain Management Therapeutics Market: Estimates & Historic Trend Analysis (2018 to 2021)
4.1. Asia Pacific Pain Management Therapeutics Market, 2018 – 2021 (US$ Million)
4.2. Asia Pacific Pain Management Therapeutics Market, By Pain Type, 2018 to 2021 (US$ Million)
4.3. Asia Pacific Pain Management Therapeutics Market, By Therapeutics, 2018 to 2021 (US$ Million)
4.4. Asia Pacific Pain Management Therapeutics Market, By Indication, 2018 to 2021 (US$ Million)
4.5. Asia Pacific Pain Management Therapeutics Market, By Distribution Channel, 2018 to 2021 (US$ Million)
4.6. Asia Pacific Pain Management Therapeutics Market, By Country, 2018 to 2021 (US$ Million)

5. Asia Pacific Pain Management Therapeutics Market Estimates & Forecast Trend Analysis, by Pain Type
5.1. Asia Pacific Pain Management Therapeutics Market Share (%) Estimates and Forecasts, by Pain Type, 2022 & 2031
5.2. Asia Pacific Pain Management Therapeutics Market Revenue (US$ Million) Estimates and Forecasts, by Pain Type, 2022 to 2031
5.2.1. Chronic
5.2.2. Acute

6. Asia Pacific Pain Management Therapeutics Market Estimates & Forecast Trend Analysis, by Therapeutics
6.1. Asia Pacific Pain Management Therapeutics Market Share (%) Estimates and Forecasts, by Therapeutics, 2022 & 2031
6.2. Asia Pacific Pain Management Therapeutics Market Revenue (US$ Million) Estimates and Forecasts, by Therapeutics, 2022 to 2031
6.2.1. Anesthetics
6.2.2. Anticonvulsant
6.2.3. Antidepressant Drugs
6.2.4. Anti-Migraine Drugs
6.2.5. Opioids
6.2.6. Others

7. Asia Pacific Pain Management Therapeutics Market Estimates & Forecast Trend Analysis, by Indication
7.1. Asia Pacific Pain Management Therapeutics Market Share (%) Estimates and Forecasts, by Indication, 2022 & 2031
7.2. Asia Pacific Pain Management Therapeutics Market Revenue (US$ Million) Estimates and Forecasts, by Indication, 2022 to 2031
7.2.1. Arthritic Pain
7.2.2. Neuropathic Pain
7.2.3. Cancer Pain
7.2.4. Chronic Pain
7.2.5. Post-Operative Pain
7.2.6. Migraine
7.2.7. Fibromyalgia
7.2.8. Bone Fracture
7.2.9. Muscle Sprain/Strain
7.2.10. Acute Appendicitis
7.2.11. Other Indications

8. Asia Pacific Pain Management Therapeutics Market Estimates & Forecast Trend Analysis, by Distribution Channel
8.1. Asia Pacific Pain Management Therapeutics Market Share (%) Estimates and Forecasts, by Distribution Channel, 2022 & 2031
8.2. Asia Pacific Pain Management Therapeutics Market Revenue (US$ Million) Estimates and Forecasts, by Distribution Channel, 2022 to 2031
8.2.1. Online Pharmacy
8.2.2. Retail Pharmacy
8.2.3. Hospital Pharmacy

9. Asia Pacific Pain Management Therapeutics Market Analysis and Forecast, by Country
9.1. Asia Pacific Pain Management Therapeutics Market Share (%) Estimates and Forecasts, by Country, 2022 & 2031
9.2. Asia Pacific Pain Management Therapeutics Market Revenue (US$ Million) Estimates and Forecasts, by Country, 2022 to 2031
9.2.1. China
9.2.2. Japan
9.2.3. India
9.2.4. Australia
9.2.5. Singapore
9.2.6. Thailand
9.2.7. Rest of Asia Pacific

10. China Pain Management Therapeutics Market: Estimates & Forecast Trend Analysis
10.1. China Pain Management Therapeutics Market Assessments & Key Findings
10.2. China Pain Management Therapeutics Market Share (%) Estimates and Forecasts, 2022 & 2031
10.3. China Pain Management Therapeutics Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
10.3.1. By Pain Type
10.3.2. By Therapeutics
10.3.3. By Indication
10.3.4. By Distribution Channel

11. Japan Pain Management Therapeutics Market: Estimates & Forecast Trend Analysis
11.1. Japan Pain Management Therapeutics Market Assessments & Key Findings
11.2. Japan Pain Management Therapeutics Market Share (%) Estimates and Forecasts, 2022 & 2031
11.3. Japan Pain Management Therapeutics Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
11.3.1. By Pain Type
11.3.2. By Therapeutics
11.3.3. By Indication
11.3.4. By Distribution Channel

12. India Pain Management Therapeutics Market: Estimates & Forecast Trend Analysis
12.1. India Pain Management Therapeutics Market Assessments & Key Findings
12.2. India Pain Management Therapeutics Market Share (%) Estimates and Forecasts, 2022 & 2031
12.3. India Pain Management Therapeutics Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
12.3.1. By Pain Type
12.3.2. By Therapeutics
12.3.3. By Indication
12.3.4. By Distribution Channel

13. Australia Pain Management Therapeutics Market: Estimates & Forecast Trend Analysis
13.1. Australia Pain Management Therapeutics Market Assessments & Key Findings
13.2. Australia Pain Management Therapeutics Market Share (%) Estimates and Forecasts, 2022 & 2031
13.3. Australia Pain Management Therapeutics Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
13.3.1. By Pain Type
13.3.2. By Therapeutics
13.3.3. By Indication
13.3.4. By Distribution Channel

14. Singapore Pain Management Therapeutics Market: Estimates & Forecast Trend Analysis
14.1. Singapore Market Assessments & Key Findings
14.2. Singapore Pain Management Therapeutics Market Share (%) Estimates and Forecasts, 2022 & 2031
14.3. Singapore Pain Management Therapeutics Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
14.3.1. By Pain Type
14.3.2. By Therapeutics
14.3.3. By Indication
14.3.4. By Distribution Channel

15. Thailand Pain Management Therapeutics Market: Estimates & Forecast Trend Analysis
15.1. Thailand Market Assessments & Key Findings
15.2. Thailand Pain Management Therapeutics Market Share (%) Estimates and Forecasts, 2022 & 2031
15.3. Thailand Pain Management Therapeutics Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
15.3.1. By Pain Type
15.3.2. By Therapeutics
15.3.3. By Indication
15.3.4. By Distribution Channel

16. Competitive Landscape
16.1. Pain Management Therapeutics Market Revenue Share Analysis (%), by Major Players (2021)
16.2. Pain Management Therapeutics Market Competition Matrix, by Leading Players
16.3. Pain Management Therapeutics List of Emerging, Prominent and Leading Players
16.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.

17. Company Profiles
17.1. Abbott Laboratories
17.1.1. Company Overview & Insights
17.1.2. Financial Performance
17.1.3. Product / Service Portfolio
17.1.4. Geographical Footprint & Share
17.1.5. Strategic Initiatives & Key Developments

*Similar details would be provided for all the players mentioned below
17.2. Allergen Inc.
17.3. AstraZeneca
17.4. Baxter International Inc.
17.5. Boehringer Ingelheim
17.6. Eli Lilly and Company
17.7. Endo Pharmaceuticals
17.8. GlaxoSmithKline plc
17.9. Johnson & Johnson Services Inc.
17.10. Mallinckrodt Pharmaceuticals
17.11. Merck & Co. Inc.
17.12. Novartis AG
17.13. Pfizer Inc.
17.14. Sanofi S.A
17.15. Sorrento Therapeutics
17.16. Teva Pharmaceutical Industries Ltd
17.17. Valeant Pharmaceuticals International Inc.
17.18. Others

18. Assumptions and Research Methodology
18.1. Data Mining
18.2. Secondary Research
18.3. Primary Research
18.4. Subject Matter Expert Advice
18.5. Quality Check
18.6. Final Review
18.7. Data Triangulation
18.8. Bottom-Up Approach
18.9. Top Down Approach
18.10. Research Flow
18.11. Key Insights from Industry Experts
18.12. Data Sources
18.13. Assumptions
18.14. Limitations

19. Conclusions and Recommendations
19.1. Key Research Findings and Conclusion
19.2. Key Insights & Recommendations from Analysts

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