Global Pain Management in Cancer Drugs Market Analysis


  • Type: Oncology area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 251

  • Format: PPT, PDF

Global Pain Management In Cancer Market – Growth, Trends, and Forecast (2019 – 2028)


Report Overview

The global Pain Management in Cancer drugs market size stood at USD 5.6 billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period

Cancer pain can be due to the disease condition itself or may be due to the treatments such as surgeries, chemotherapy, and others. There are various drugs used for the management of cancer pain. Surge in prevalence of cancer across geographies and increase in adoption of cancer pain drugs for treatment of mild to moderate pain drive the growth of the global cancer pain market. Furthermore, increased healthcare expenditures, increase in government initiatives to alleviate cancer, rise in public awareness, and advance cancer pain therapeutics, and surge in geriatric population are expected to boost the growth of the global market

Market Drivers

The demand within the global market for cancer pain has been rising on account of the rising incidence of cancer across the world. The presence of key vendors in the global cancer pain market has played a major role in market growth. Pain management is an important part of cancer treatment as it helps in initiating proper therapies. There have been several attempts at minimizing the pain of cancer sufferers, and hence, the global market for cancer pain endows commendable opportunities for growth. Cancer research has been accredited as a ground-breaking area amongst all other domains within medicine. This factor has also played a key role in the growth of the global cancer pain market in recent times. The plea of the medical fraternity has been accepted by research facilities that are focusing on developing novel drugs. Hence, the global cancer pain market is projected to accumulate voluminous revenues in the years to follow

1. Global Pain Management in Cancer Market Overview
A. Market Size
2. Market Growth Drivers……………………………
A. Rise in Global Prevalence of Pain Management in Cancer
B. Growing R&D Investments and Reimbursement Policies
3. Major Pain Management in Cancer………………….
A. Acute pain
B. Chronic Pain
4. Pain Management in Cancer Market Segmentation
A. Class
I. Opioids
II. Non-Opioids
III. Nerve blockers
IV. Others
B. Distribution Channel
I. Hospital
II. Cancer Care Clinics
III. Others
C. Geography
I. North America Market Analysis
II. Europe Market Analysis
III. Asia-Pacific Market Analysis
IV. Middle-East and Africa Market Analysis
5. Major Drugs Market Share……………………………………
A. Market Analysis, Insights and Forecast – By Drug Type
6. Competitive Landscape……………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………
A. Pfizer Overview, Product & Services, Strategies & Financials
B. Aoxing Pharmaceutical Company, Inc. Overview, Product & Services, Strategies & Financials
C. BioDelivery Sciences International, Inc., Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape……………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth…………………………………
A. New Trends and Development of Pain Management in Cancer Market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Class:

Presently, the opioid segment is the major revenue contributor and is estimated to exhibit significant market growth during the forecast period due to rise in prevalence of severe cancer pain, increase in adoption of opioids in the management of cancer pain, and strong presence of pipeline drugs

By Disease Indication:

Based on disease indication, the global cancer pain market is segmented into lung cancer, colorectal cancer, breast cancer, prostate cancer, blood cancer, and others. Presently, the lung cancer segment is a major revenue contributor and is anticipated to dominate the market during the forecast period. Higher prevalence of lung cancer and surge in the use of cancer painkillers to get relief from pain majorly drive the growth of this segment

By Distribution Channel:

Based on distribution channel, the Pain Management in Cancer drugs market has been segmented into hospital pharmacies, clinics, and others. The hospital segment is more dominant one

By Region:

Based on geography, North America is expected to dominate the global cancer pain market share over forecast period. The primary factors influencing growth of cancer pain management market in this region are continuous efforts for new product development by the manufacturers, high number of patients suffering for cancer, and enhanced healthcare expenditure by the individuals and the government. While Europe holds the second largest share in cancer pain management market owing to improved medical infrastructure for treating cancer pain. Also, there is a rising trend of consolidation between manufacturers for tapping this growing market. Asia Pacific cancer pain management market is projected to witness lucrative market growth in the forecast period owning to the, increasing awareness for the use of various therapies as the treatment of cancer pain

Top 5 Major Players

The global Pain Management in Cancer Market is highly competitive, and the prominent players in the market have adopted various strategies to garner maximum market share. These include collaboration, product launch, partnership, and acquisition. Major players operating in the market include Aoxing Pharmaceutical Company, Inc., BioDelivery Sciences International, Inc., Daiichi Sankyo Co., Ltd., Grnenthal Pharma GmbH & Co. KG, and Pfizer

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

Our analysis methodology involves three critical stages:

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers and researchers across countries through which we engage with local experts to gather key data points and assumptions around each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain the high level of accuracy and consistency. The market data is analysed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, market share as well as segment-level analysis of the specific market. Our report includes precise, to the point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

  • Statistical Databases
  • Company Websites/Annual Reports
  • Trade Publications
  • Online Databases
  • Published Research Reports
  • Whitepapers
  • Press Releases of Key Market Players

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and its impact to the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumptions.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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