Non-steroidal Anti-inflammatory Drugs Market Trends, Share, Revenue, Outlook and Future Opportunities: SPER Market Research
Nonsteroidal anti-inflammatory medications are often used to treat pain, inflammation, and fever. They are commonly used to relieve arthritis, muscle aches, headaches, menstrual cramps, and minor injuries such as sprains and strains. NSAIDs inhibit the formation of substances called prostaglandins in the body, which are responsible for pain and inflammation.
These drugs, such as ibuprofen (Advil, Motrin) and naproxen (Aleve), are frequently available in over-the-counter and prescription strength formulations. NSAIDs are often taken orally, however some can be used topically as creams or gels to alleviate localized pain.
According to SPER market research, ‘Global Non-steroidal Anti-inflammatory Drugs Market Size- By Disease Indication, By Route of Administration, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Non-steroidal Anti-inflammatory Drugs Market is predicted to reach 40.44 billion by 2034 with a CAGR of 5.92%.
Drivers:
The NSAIDs market is expanding rapidly because to the increasing prevalence of chronic pain and inflammatory disorders such as arthritis and migraines. This demand is being driven by an increasing senior population, which is more sensitive to these illnesses, as well as a growing preference for NSAIDs due to their lower side effect profile when compared to alternative pain medicines. Furthermore, the market is being bolstered by an increase in medicinal approvals, new product launches, and increased R&D activity.
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Restraints:
The broad use of NSAIDs is limited by the possibility of major side effects such as cardiovascular events, gastrointestinal issues, renal failure, and hypersensitivity responses. Despite the relatively low individual risk for each patient, the cumulative usage of NSAIDs throughout populations increases the overall risk of adverse effects. This needs a rigorous review of individual patient risk factors before to prescribing NSAIDs, limiting the growth of the anti-inflammatory medications industry. Healthcare practitioners must weigh the therapeutic benefits of NSAIDs against the dangers they pose in order to ensure patient safety and regulatory compliance in clinical practice.
North America dominated the global non-steroidal anti-inflammatory medicines industry, accounting for a sizable revenue share in 2024; the sector is predicted to develop significantly, affected by a number of major variables. A vast number of manufacturers and prominent companies’ strategic endeavors are driving market growth. Some significant market players are Pfizer Inc, Bayer AG, GSK plc, Dr. Reddy’s Laboratories Ltd, Viatris Inc, Teva Pharmaceutical Industries Ltd, Johnson and Johnson Services, Merck & Co, Inc. and others.
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Non-steroidal Anti-inflammatory Drugs Market Growth
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