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    United States Pain Management Therapeutics Market, Forecast 2023-2030, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis

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    Aug 2023
    Pages: 180

    United States Pain Management Therapeutics Market Outlook

    United States Pain Management Therapeutics Market is expected to reach US$ 33.71 Billion by 2030, according to Renub Research. Physical and mental pain has a significant influence on life. It can hinder our daily activities, limit our mobility, and dampen our spirits. Advancements in medical technology and growing awareness have opened up new possibilities in pain management. Medications have traditionally been frequently used in pain treatment to ease or suppress discomfort caused by a variety of disorders.  Recognizing the need for new ways, the healthcare sector has focused on the development of pain monitoring devices.

    Pain monitoring devices offer a non-invasive and objective means of assessing an individual's pain experience. By providing healthcare professionals with quantitative data, these devices enable personalized treatment plans and help optimize the effectiveness of pain management strategies. Individuals are becoming more aware of the advantages of pain management devices, especially when compared to opioids, which is boosting demand for these novel solutions. The pharmaceutical industry expansion and innovation in the production of pain-relieving drugs creates potential for the US pain management medication market. Factors such as an increase in pain disorders, improved healthcare infrastructure, and demand for safer and more effective pain drugs are driving market growth. The rising number of health-conscious customers, as well as the incidence of chronic illnesses among the elderly, contributes to the market expansion.

    United-States-pain-management-therapeutics-market


    United States Pain Management Therapeutics Market will register a CAGR of 3.65% from 2022 to 2030

    Elderly individuals, who often experience chronic pain due to joint disorders and various surgeries, require prescribed pain medications, further driving the growth of the U.S. pain management drug market. The rise in cases of diabetic neuropathies, which lead to pain, also contributes to the market expansion. Educational efforts by various organizations and the government regarding pain disorders and proper pain management play a significant role in raising awareness. With the introduction of e-commerce, companies have gained a vital tool that allows customers to conveniently access products and services.

    In the context of pain management, health apps and online platforms provide animations and educational resources to inform people about the appropriate dosages and frequencies of pain medications, thereby contributing to the growth of the U.S. pain management drug market. Increased promotional activities by manufacturers and growing awareness among the general population about the proper treatment of pain disorders are expected to fuel the adoption of pain management medications in the future. The area of pain treatment is changing, and the incorporation of new technology and pharmaceuticals offers enormous potential for improving the lives of those who are in pain. The future of pain treatment is brighter, with a focus on personalized methods and a shift away from opioids, bringing hope for a better quality of life for people in need. The United States Pain Management Therapeutics Market was valued at US$ 25.31 Billion in 2022.


    United States, pharmaceutical organization performs substantial research, development, and marketing of pain management medications

    By Therapeutics, the United States Pain Management Therapeutics Market is segmented into Pharmaceuticals and Devices. The United States pharmaceutical Pain Management Therapeutics Market is a dynamic and rapidly evolving sector within the healthcare industry. As the population ages and chronic pain becomes increasingly common, the demand for effective pain management methods grows. In recent years, there has been a shift in attention toward developing unique and targeted pain management drugs that give more pain relief while lowering the risk of addiction and harmful side effects. As a result, new pharmaceutical items and therapies have entered the market. Advancements in technology and understanding of pain mechanisms drive innovation, such as targeted therapies, precision medicine, and alternative options like medical cannabis. The market is dynamic, aiming to meet the growing demand for effective pain relief. Advancing medications, technology, and treatments holds promise for enhancing the lives of individuals in pain.


    Neurostimulation has emerged as the fastest-growing segment in the U.S. pain management drug market

    By Devices, the United States Pain Management Therapeutics Market is divided into Electrical Stimulators, Radiofrequency Ablation, Analgesic Infusion pumps, and Neurostimulation. Neurostimulation is rapidly gaining momentum in the U.S. pain management drug market. With its implanted devices delivering electrical impulses to nerves, it offers targeted relief for chronic pain conditions. Its effectiveness in reducing pain and improving quality of life has fueled its growth. The market for neurostimulation devices is increasing because they provide a viable alternative to traditional pain drugs, answering the need in the United States for safer and more tailored pain treatment options.


    Opioids hold the largest share of the United States pain management drug market.

    By Drug Class, the United States Pain Management Therapeutics Market is classified into Non-steroidal Anti-inflammatory Drugs (NSAIDs), Anesthetics, Anticonvulsants, Anti-migraine Agents, Antidepressants, opiates, and Non-narcotic Analgesics. While opioids are excellent pain relievers, their increasing usage has generated concerns owing to the potential of addiction and other negative side effects. Efforts are being undertaken to address these difficulties through the implementation of tougher restrictions, the promotion of responsible prescription practices, and the investigation of alternative pain management choices. In order to achieve a balance between effective pain relief and reducing the risks associated with opioid use, the market is changing toward safer and more customized medications, as well as non-pharmacological alternatives.


    Cancer pain is experiencing rapid growth within the U.S. pain management drug market

    The Pain Management Therapeutics Market in the United States is classified as Arthritic Pain, Neuropathic Pain, Cancer Pain, Chronic Back Pain, Post-operative Pain, Migraine, Fibromyalgia, Bone fracture, Muscle sprain or strain, acute appendicitis, and others. With the increased prevalence of cancer cases, there is a greater need for cancer patients to be treated effectively in terms of pain management. Cancer pain management requires a multimodal approach that includes pharmaceutical medicines like opioids and adjuvant medications, as well as non-pharmacological techniques like radiation therapy and nerve blocks. The emphasis is on promoting patient comfort and minimizing the impact of pain on everyday activities. Innovative medicines and pharmaceuticals are being developed to address this crucial part of cancer care as awareness and research in cancer pain management continue to grow.


    Chronic pain holds the highest market share and is the fastest-growing segment in the U.S. pain management drug market

    By Pain Type, the United States Pain Management Therapeutics Market is subdivided into Chronic Pain and Acute Pain. The powerful medications are commonly prescribed for severe acute and chronic pain. With a substantial number of individuals suffering from persistent pain conditions, there is a pressing need for effective management options. The market offers a wide range of pharmaceutical treatments, including opioids, nonsteroidal anti-inflammatory drugs (NSAIDs), anticonvulsants, and antidepressants, tailored to address different types of chronic pain. Additionally, advancements in technology, such as neurostimulation and targeted therapies, are reshaping the landscape of chronic pain management, providing individuals with new hope for alleviating their pain and improving their quality of life.


    Online pharmacy market boasts the highest market share and is the fastest-growing segment in the U.S. pain management drug industry

    By Distribution Channel, the United States Pain Management Therapeutics Market is broken up into Hospital Pharmacies, Retail pharmacies, and Online Pharmacies. With the convenience and accessibility of online platforms, individuals are increasingly turning to online pharmacies to fulfill their medication needs. Online pharmacies provide a wide choice of pain management pharmaceuticals, allowing people to get pain relief treatments without having to go to a regular pharmacy. The rising popularity of online shopping, along with rising demand for pain management pharmaceuticals, has contributed to the spectacular rise of the online pharmacy business in the US pain management sector.


    Key Players

    Eli Lilly and Company, Pfizer Inc., GlaxoSmithKline plc, Novartis International AG, Merck & Co., Inc., Abbott Laboratories, Johnson & Johnson, and Baxter International Inc. are prominent players in the pain management industry, as highlighted in our analysis. This includes investing in technology innovation to develop advanced pain management solutions, forming partnerships to leverage complementary expertise, expanding their presence in different regions, and engaging in mergers and acquisitions to broaden their product portfolios and market reach.


    Renub Research latest report “United States Pain Management Therapeutics Market, Forecast By Therapeutics (Pharmaceuticals, Devices), Devices (Electrical Stimulators, Radiofrequency Ablation, Analgesic Infusion Pumps, Neurostimulation), Drug Class (Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Anesthetics, Anticonvulsants, Anti-Migraine Agents, Antidepressants, Opioids, Nonnarcotic Analgesics), Indication (Arthritic Pain, Neuropathic Pain, Cancer Pain, Chronic Back Pain, Post-Operative Pain, Migraine, Fibromyalgia, Bone Fracture, Muscle Sprain/Strain, Acute Appendicitis and Others), Pain Type (Chronic Pain, Acute Pain), Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Online Pharmacies), Companies (Eli Lilly and Company, Pfizer Inc., GlaxoSmithKline plc, Novartis International AG, Merck & Co., Inc., Abbott Laboratories, Johnson & Johnson and Baxter International Inc)” provides a detailed analysis of US Pain Management Therapeutics Industry.

    United-States-pain-management-therapeutics-market-share


    Therapeutics – Market has been covered from 2 viewpoints:

    1.    Pharmaceuticals
    2.    Devices


    Devices – Market has been covered from 4 viewpoints:

    1.    Electrical Stimulators
    2.    Radiofrequency Ablation
    3.    Analgesic Infusion Pumps
    4.    Neurostimulation


    Drug Class – Market has been covered from 7 viewpoints:

    1.    Non-Steroidal Anti-Inflammatory Drugs (NSAIDs)
    2.    Anesthetics
    3.    Anticonvulsants
    4.    Anti-Migraine Agents
    5.    Antidepressants
    6.    Opioids 
    7.    Nonnarcotic Analgesics


    Indication – Market has been covered from 11 viewpoints:

    1.    Arthritic Pai
    2.    Neuropathic Pain
    3.    Cancer Pain
    4.    Chronic Back Pain
    5.    Post-Operative Pain
    6.    Migraine
    7.    Fibromyalgia
    8.    Bone Fracture
    9.    Muscle Sprain/Strain
    10.    Acute Appendicitis
    11.    Others


    Distribution Channel – Market has been covered from 3 viewpoints:

    1.    Hospital Pharmacies
    2.    Retail Pharmacies
    3.    Online Pharmacies


    Pain Type – Market has been covered from 2 viewpoints:

    1.    Chronic Pain 
    2.    Acute Pain


    Company Insights:

    •    Overview
    •    Recent Development
    •    Financial Insight


    Companies Covered:

    1.    Eli Lilly and Company
    2.    Pfizer Inc.
    3.    GlaxoSmithKline plc
    4.    Novartis International AG
    5.    Merck & Co., Inc.
    6.    Abbott Laboratories
    7.    Johnson & Johnson
    8.    Baxter International Inc.

     

    Report Details:

    Report Features Details
    Base Year 2022
    Historical Period 2018 - 2022
    Forecast Period 2023 - 2030
    Market US$ Billion
    Segment Covered Therapeutics, Devices, Drug Class, Indication, Distribution Channel, and Pain Type
    Companies Covered Eli Lilly and Company, Pfizer Inc., GlaxoSmithKline plc, Novartis International AG, Merck & Co., Inc., Abbott Laboratories, Johnson & Johnson and Baxter International Inc
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges


    5.    United States Pain Management Therapeutics Market

    6.    Market Share – United States Pain Management Therapeutics Market

    6.1    By Therapeutics

    6.1.1    By Devices

    6.2    By Drug Class
    6.3    By Indication
    6.4    By Pain Type
    6.5    By Distribution Channel


    7.    Therapeutics – United States Pain Management Therapeutics Market

    7.1    Pharmaceuticals
    7.2    Devices

    7.2.1    Electrical Stimulators
    7.2.2    Radiofrequency Ablation
    7.2.3    Analgesic Infusion Pumps
    7.2.4    Neurostimulation


    8.    Drug Class – United States Pain Management Therapeutics Market

    8.1    Non-Steroidal Anti-Inflammatory Drugs (NSAIDs)
    8.2    Anesthetics
    8.3    Anticonvulsants
    8.4    Anti-Migraine Agents
    8.5    Antidepressants
    8.6    Opioids
    8.7    Non-Narcotic Analgesics


    9.    Indication – United States Pain Management Therapeutics Market

    9.1    Arthritic Pain
    9.2    Neuropathic Pain
    9.3    Cancer Pain
    9.4    Chronic Back Pain
    9.5    Post-Operative Pain
    9.6    Migraine
    9.7    Fibromyalgia
    9.8    Bone Fracture
    9.9    Muscle Sprain/Strain
    9.10    Acute Appendicitis
    9.11    Others


    10.    Pain Type – United States Pain Management Therapeutics Market

    10.1    Chronic Pain
    10.2    Acute Pain


    11.    Distribution Channel-United States Pain Management Therapeutics Market

    11.1    Hospital Pharmacies
    11.2    Retail Pharmacies
    11.3    Online Pharmacies


    12.    Porter's Five Forces Analysis-United States Pain Management Therapeutics Market

    12.1    Threat of New Entry
    12.2    The Bargaining Power of Buyer
    12.3    Threat of Substitution
    12.4    The Bargaining Power of Supplier
    12.5    Competitive Rivalry


    13.    SWOT Analysis-United States Pain Management Therapeutics Market

    13.1    Strength
    13.2    Weakness
    13.3    Opportunity
    13.4    Threat


    14.    Key Players Analysis

    14.1    Eli Lilly and Company

    14.1.1    Overview
    14.1.2    Recent Development
    14.1.3    SWOT Analysis
    14.1.4    Financial Insight

    14.2    Pfizer Inc.

    14.2.1    Overview
    14.2.2    Recent Development
    14.2.3    SWOT Analysis
    14.2.4    Financial Insight

    14.3    GlaxoSmithKline plc

    14.3.1    Overview
    14.3.2    Recent Development
    14.3.3    SWOT Analysis
    14.3.4    Financial Insight

    14.4    Novartis International AG

    14.4.1    Overview
    14.4.2    Recent Development
    14.4.3    SWOT Analysis
    14.4.4    Financial Insight

    14.5    Merck & Co., Inc.

    14.5.1    Overview
    14.5.2    Recent Development
    14.5.3    SWOT Analysis
    14.5.4    Financial Insight

    14.6    Abbott Laboratories

    14.6.1    Overview
    14.6.2    Recent Development
    14.6.3    SWOT Analysis
    14.6.4    Financial Insight

    14.7    Johnson & Johnson

    14.7.1    Overview
    14.7.2    Recent Development
    14.7.3    SWOT Analysis
    14.7.4    Financial Insight

    14.8    Baxter International Inc.

    14.8.1    Overview
    14.8.2    Recent Development
    14.8.3    SWOT Analysis
    14.8.4    Financial Insight


    List of Figures:

    Figure-01:    United States – Pain Management Therapeutics Market (Billion US$), 2018 – 2022
    Figure-02:    United States – Forecast for Pain Management Therapeutics Market (Billion US$), 2023 – 2030
    Figure-03:    Therapeutics – Pharmaceuticals Market (Billion US$), 2018 – 2022
    Figure-04:    Therapeutics – Forecast for Pharmaceuticals Market (Billion US$), 2023 – 2030
    Figure-05:    Therapeutics – Devices Market (Billion US$), 2018 – 2022
    Figure-06:    Therapeutics – Forecast for Devices Market (Billion US$), 2023 – 2030
    Figure-07:    Devices – Electrical Stimulators Market (Million US$), 2018 – 2022
    Figure-08:    Devices – Forecast for Electrical Stimulators Market (Million US$), 2023 – 2030
    Figure-09:    Devices – Radiofrequency Ablation Market (Million US$), 2018 – 2022
    Figure-10:    Devices – Forecast for Radiofrequency Ablation Market (Million US$), 2023 – 2030
    Figure-11:    Devices – Analgesic Infusion Pumps Market (Million US$), 2018 – 2022
    Figure-12:    Devices – Forecast for Analgesic Infusion Pumps Market (Million US$), 2023 – 2030
    Figure-13:    Devices – Neurostimulation Market (Million US$), 2018 – 2022
    Figure-14:    Devices – Forecast for Neurostimulation Market (Million US$), 2023 – 2030
    Figure-15:    Drug Class – Non-Steroidal Anti-Inflammatory Drugs (NSAIDs) Market (Billion US$), 2018 – 2022
    Figure-16:    Drug Class – Forecast for Non-Steroidal Anti-Inflammatory Drugs (NSAIDs) Market (Billion US$), 2023 – 2030
    Figure-17:    Drug Class – Anesthetics Market (Billion US$), 2018 – 2022
    Figure-18:    Drug Class – Forecast for Anesthetics Market (Billion US$), 2023 – 2030
    Figure-19:    Drug Class – Anticonvulsants Market (Billion US$), 2018 – 2022
    Figure-20:    Drug Class – Forecast for Anticonvulsants Market (Billion US$), 2023 – 2030
    Figure-21:    Drug Class – Anti-Migraine Agents Market (Billion US$), 2018 – 2022
    Figure-22:    Drug Class – Forecast for Anti-Migraine Agents Market (Billion US$), 2023 – 2030
    Figure-23:    Drug Class – Antidepressants Market (Billion US$), 2018 – 2022
    Figure-24:    Drug Class – Forecast for Antidepressants Market (Billion US$), 2023 – 2030
    Figure-25:    Drug Class – Opioids Market (Billion US$), 2018 – 2022
    Figure-26:    Drug Class – Forecast for Opioids Market (Billion US$), 2023 – 2030
    Figure-27:    Drug Class – Non-Narcotic Analgesics Market (Billion US$), 2018 – 2022
    Figure-28:    Drug Class – Forecast for Non-Narcotic Analgesics Market (Billion US$), 2023 – 2030
    Figure-29:    Indication – Arthritic Pain Market (Billion US$), 2018 – 2022
    Figure-30:    Indication – Forecast for Arthritic Pain Market (Billion US$), 2023 – 2030
    Figure-31:    Indication – Neuropathic Pain Market (Billion US$), 2018 – 2022
    Figure-32:    Indication – Forecast for Neuropathic Pain Market (Billion US$), 2023 – 2030
    Figure-33:    Indication – Cancer Pain Market (Billion US$), 2018 – 2022
    Figure-34:    Indication – Forecast for Cancer Pain Market (Billion US$), 2023 – 2030
    Figure-35:    Indication – Chronic Back Pain Market (Billion US$), 2018 – 2022
    Figure-36:    Indication – Forecast for Chronic Back Pain Market (Billion US$), 2023 – 2030
    Figure-37:    Indication – Post-Operative Pain Market (Billion US$), 2018 – 2022
    Figure-38:    Indication – Forecast for Post-Operative Pain Market (Billion US$), 2023 – 2030
    Figure-39:    Indication – Migraine Market (Billion US$), 2018 – 2022
    Figure-40:    Indication – Forecast for Migraine Market (Billion US$), 2023 – 2030
    Figure-41:    Indication – Fibromyalgia Market (Billion US$), 2018 – 2022
    Figure-42:    Indication – Forecast for Fibromyalgia Market (Billion US$), 2023 – 2030
    Figure-43:    Indication – Bone Fracture Market (Million US$), 2018 – 2022
    Figure-44:    Indication – Forecast for Bone Fracture Market (Million US$), 2023 – 2030
    Figure-45:    Indication – Muscle Sprain/Strain Market (Million US$), 2018 – 2022
    Figure-46:    Indication – Forecast for Muscle Sprain/Strain Market (Million US$), 2023 – 2030
    Figure-47:    Indication – Acute Appendicitis Market (Million US$), 2018 – 2022
    Figure-48:    Indication – Forecast for Acute Appendicitis Market (Million US$), 2023 – 2030
    Figure-49:    Indication – Others Market (Million US$), 2018 – 2022
    Figure-50:    Indication – Forecast for Others Market (Million US$), 2023 – 2030
    Figure-51:    Pain Type – Chronic Pain Market (Billion US$), 2018 – 2022
    Figure-52:    Pain Type – Forecast for Chronic Pain Market (Billion US$), 2023 – 2030
    Figure-53:    Pain Type – Acute Pain Market (Million US$), 2018 – 2022
    Figure-54:    Pain Type – Forecast for Acute Pain Market (Million US$), 2023 – 2030
    Figure-55:    Distribution Channel – Hospital Pharmacies Market (Billion US$), 2018 – 2022
    Figure-56:    Distribution Channel – Forecast for Hospital Pharmacies Market (Billion US$), 2023 – 2030
    Figure-57:    Distribution Channel – Retail Pharmacies Market (Billion US$), 2018 – 2022
    Figure-58:    Distribution Channel – Forecast for Retail Pharmacies Market (Billion US$), 2023 – 2030
    Figure-59:    Distribution Channel – Online Pharmacies Market (Billion US$), 2018 – 2022
    Figure-60:    Distribution Channel – Forecast for Online Pharmacies Market (Billion US$), 2023 – 2030
    Figure-61:    Eli Lilly and Company – Global Revenue (Billion US$), 2018 – 2022
    Figure-62:    Eli Lilly and Company – Forecast for Global Revenue (Billion US$), 2023 – 2030
    Figure-63:    Pfizer Inc. – Global Revenue (Billion US$), 2018 – 2022
    Figure-64:    Pfizer Inc. – Forecast for Global Revenue (Billion US$), 2023 – 2030
    Figure-65:    GlaxoSmithKline plc – Global Revenue (Billion US$), 2018 – 2022
    Figure-66:    GlaxoSmithKline plc – Forecast for Global Revenue (Billion US$), 2023 – 2030
    Figure-67:    Novartis International AG – Global Revenue (Billion US$), 2018 – 2022
    Figure-68:    Novartis International AG – Forecast for Global Revenue (Billion US$), 2023 – 2030
    Figure-69:    Merck & Co., Inc. – Global Revenue (Billion US$), 2018 – 2022
    Figure-70:    Merck & Co., Inc. – Forecast for Global Revenue (Billion US$), 2023 – 2030
    Figure-71:    Abbott Laboratories – Global Revenue (Billion US$), 2018 – 2022
    Figure-72:    Abbott Laboratories – Forecast for Global Revenue (Billion US$), 2023 – 2030
    Figure-73:    Johnson & Johnson – Global Revenue (Billion US$), 2018 – 2022
    Figure-74:    Johnson & Johnson – Forecast for Global Revenue (Billion US$), 2023 – 2030
    Figure-75:    Boehringer Ingelheim – Global Revenue (Billion US$), 2018 – 2022
    Figure-76:    Boehringer Ingelheim – Forecast for Global Revenue (Billion US$), 2023 – 2030


    List of Tables:

    Table-01:    United States – Pain Management Therapeutics Market Share by Therapeutics (Percent), 2018 – 2022
    Table-02:    United States – Forecast for Pain Management Therapeutics Market Share by Therapeutics (Percent), 2023 – 2030
    Table-03:    United States – Pain Management Therapeutics Market Share by Devices (Percent), 2018 – 2022
    Table-04:    United States – Forecast for Pain Management Therapeutics Market Share by Devices (Percent), 2023 – 2030
    Table-05:    United States – Pain Management Therapeutics Market Share by Drug Class (Percent), 2018 – 2022
    Table-06:    United States – Forecast for Pain Management Therapeutics Market Share by Drug Class (Percent), 2023 – 2030
    Table-07:    United States – Pain Management Therapeutics Market Share by Indication (Percent), 2018 – 2022
    Table-08:    United States – Forecast for Pain Management Therapeutics Market Share by Indication (Percent), 2023 – 2030
    Table-09:    United States – Pain Management Therapeutics Market Share by Pain Type (Percent), 2018 – 2022
    Table-10:    United States – Forecast for Pain Management Therapeutics Market Share by Pain Type (Percent), 2023 – 2030
    Table-11:    United States – Pain Management Therapeutics Market Share by Distribution Channel (Percent), 2018 – 2022
    Table-12:    United States – Forecast for Pain Management Therapeutics Market Share by Distribution Channel (Percent), 2023 – 2030

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    • Chapter 7     Pages : 10
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