Press Release
Press Release
The global analgesics industry is strengthened by the rising geriatric population worldwide. By 2050, the population of people over 60 years of age is expected to expand to make a generous total of 2100 million, accounting for about 21% of the total global population. Older people are most susceptible to suffer from chronic and lifestyle diseases, further aiding the sales of analgesics in the coming years.
GlaxoSmithKline PLC (NYSE: GSK) is a British pharmaceutical MNC headquartered in Brentford, London. In March 2020, the company got approval from FDA for over-the-counter use of Advil Dual Action with Acetaminophen in the United States. Advil Dual Action provides relief for several symptoms and is the first formulation that combines two powerful ingredients, i.e., ibuprofen and acetaminophen, for OTC pain relief that works in many ways. The introduction of this product is expected to aid the market growth in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The global market for analgesics is being driven by the increase in the emerging cases of chronic pain in the older population of ages over 60 years.
Bayer AG, GlaxoSmithKline PLC, Pfizer Inc., Sanofi, and others are the key players in the global analgesics market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Drug Class |
|
Breakup by Route of Administration |
|
Breakup by Pain Type |
|
Breakup by Application |
|
Breakup by End User |
|
Breakup by Region |
|
Market Dynamics |
|
Supplier Landscape |
|
Companies Covered |
|
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.