Report Highlights
Global Postoperative Pain Therapeutics Market Analysis
According to Verified Market Research, Global Postoperative Pain Therapeutics Market was valued at USD 11.26 Million in 2018 and is projected to reach USD 15.87 Million by 2026, growing at a CAGR of 4.40 % from 2019 to 2026.
What is Postoperative Pain Therapeutics?
Postoperative pain refers to a condition of tissue injury together with muscle spasm after surgery. Yet surgery is lifesaving but it does associate with some potential harms among which postoperative pain is more frequent, includes pain during and after the procedure.
Global Postoperative Pain Therapeutics Market Outlook
The increasing number of surgeries is reducing the risk of death and disability among millions of population worldwide each year, and this has given rise to postoperative pain which will continue to increase over the next decade. Surgery is the main cause of postoperative pain that should be relieved as soon and as effective as possible to reduce suffering. This promotes therapies and rehabilitation to prevent complications. More than 75% of patients undergoing surgery suffer from pain. Improving understanding of postoperative pain mechanisms, increased awareness of the prevalence of postsurgical pain, advances in pain-management approaches, and other focused initiatives at improving pain-related outcomes is accelerating the postoperative pain therapeutics market.
It has been estimated that approximately 40% of surgical patients suffer from moderate to severe pain postoperatively after surgery. Whereas, limited financial resources and also reluctance to address, organizational aspects of the health care facility, and lack of simple and clear guidelines for the treatment of postoperative pain restrain the market growth. Players and research teams are working to gain new insights into the mechanisms of postoperative pain in experimental and clinical settings to develop therapeutic options with greater efficiency and less risk of adverse effects than those available at present.
Global Postoperative Pain Therapeutics Market Competitive Landscape
The “Global Postoperative Pain Therapeutics Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Mallinckrodt Pharmaceuticals, Trevena, Inc., Heron Therapeutics, Pacira BioSciences, Inc., Pfizer, Inc., Teva Pharmaceutical Industries Ltd., Eli Lilly & Company, Mallinckrodt Pharmaceuticals, Bayer AG, Novartis AG and Camarus. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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