UK Pain Management Market Analysis


  • Type: Therapeutics Area
  • Published : April 2021
  • Region: Europe
  • Country: UK
  • Report ID : 2516

  • Format: PPT, PDF

UK Pain Management Therapeutics Market: Segmented by Indication, Drug Class, and Distribution Channel – Growth, Trends, and Forecasts (2019 – 2028)

SKU: 2516 Categories: ,

Report Overview

UK Pain Management Therapeutics market size stood at around USD XX.X billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of around xx% during the forecast period.

Rising cases of cancer pain indication are expected to drive the market during the forecasting period. Also, opioids drugs will have the highest sales in the market shortly. According to a study published in the British Medical Journal in 2016, nearly one-third to half of the population in the U.K. suffers from chronic pain.

Major market players are exhausting advanced technology for the developing abuse-deterrent drugs due to the increase in the number of drug abuse cases in the region. The mounting numbers of surgical procedures coupled with growing healthcare expenditure will be driving the market growth in UK, whose market is expected to be the dominating the entire European market in terms of revenue by the end of 2027.

Market Driving and Restraining Factors

Driving Factors

The rise in the rate of geriatric population is one of the major factors driving the pain management therapeutics market as aged people are more prone to suffer from joint pain and other chronic conditions.

The increasing incidences of chronic diseases such as cancer, diabetic neuropathy and osteoarthritis and rise in number of surgical procedures also further accelerate the pain management therapeutics market growth.

The growth in awareness about availability of medications for pain management increasing the consumption and acceptance of pain management drugs over other treatment options and consumer inclination towards pain management therapeutics owning to its high availability, easy access, high awareness, cost effectiveness and quick relief also influence the pain management therapeutics market.

Additionally, rise in healthcare expenditure, growth in awareness regarding diseases, enhancing healthcare infrastructure, research and development activities and surge in healthcare expenditure positively affect the pain management therapeutics market.

Restraining Factors

On the other hand, the rise in concerns regarding drug exploitation and patent expiration of prescription pain medication drugs are the factors expected to obstruct the pain management therapeutics market growth.

1. UK Pain Management Therapeutics Market Overview……………………………
A. Market Size
2. Market Driving and Restraining Factors……………………………….………….
A. Driving Factors
a. Rise in aging population
b. Increasing incidence of chronic diseases
c. Growing public awareness
B. Restraining Factors
a. Rise in concerns regarding drug exploitation
3. Major types of pain ………………………………………………………..
A. Arthritic Pain
B. Neuropathic Pain
C. Cancer Pain
D. Chronic Pain
E. Post-Operative Pain
F. Migraine
G. Fibromyalgia
H. Bone Fracture
I. Muscle Sprain/Strain
J. Acute Appendicitis
K. Others
4. Pain Management Therapeutics Market Segmentation…………………………
A. By Drug class
a. Anaesthetics
b. Antidepressants
c. Anticonvulsants
d. Non-steroidal Anti-inflammatory Drugs (NSAIDS)
e. Anti-migraine Agents
f. Opioids
g. Non-narcotic Analgesics
h. Others
B. By Distribution Channel
a. Online Pharmacy
b. Hospitals Pharmacy
c. Retail Pharmacy
5. Pain Management Major Products Market Share………………………………
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………..
A. Bayer AG Company overview, Product & Services, Strategies & Financials
B. Boehringer Ingelheim Company overview, 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 Dermatology drug market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Drug Class:

  • Anaesthetics
  • Antidepressants
  • Anticonvulsants
  • Non-steroidal Anti-inflammatory Drugs (NSAIDS)
  • Anti-migraine Agents
  • Opioids
  • Non-narcotic Analgesics
  • Others

The multiple cases of opioid dependence are anticipated to augment the demand for opioid drugs in UK. However, the rising concern of the opioid epidemic across the world has seriously impacted the growth of opioid drug market in UK.

By Distribution Channel:

  • Online Pharmacy
  • Hospitals Pharmacy
  • Retail Pharmacy

In UK, online pharmacy market covers the largest share of around 60% of the entire market segment.

Major Players

GlaxoSmithKline was the leading analgesic company in the UK, with a market value of over 75 billion British pounds, followed by AstraZeneca which was worth almost 58.5 billion British pounds. Additionally, the number of pharmacists in the UK was approximately 66 thousand in 2018. Innovation is a huge part and requirement of the pharmaceutical industry, and as such research and development as a percentage of sales in manufacturing was worth almost 40 percent.

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”.

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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.

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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)

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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