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Pain Management Therapeutics Market Business Strategies and Huge Demand by 2025

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Global Pain Management Therapeutics Market: Snapshot

Pain is invariably around whenever a body is suffering from diseases, which can be of multiple types including fibromyalgia, stomach ulcer, osteoarthritis, chronic arthritis, diabetic neuropathy, and cancer. Even during and after the therapy, pain constitutes a major part of the procedure that the subject has to bear but with technological advancements, it has become possible to considerably reduce the suffering and manage the pain via a variety of physiological mechanism, targeting the nociceptors for example. As the investments on robust infrastructure escalates across various emerging and developed countries, and awareness regarding the availability of alternatives increase, the demand in the global pain management therapeutics market is projected to increment at a healthy CAGR during the forecast period of 2017 to 2025.

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Currently, the developed regions of North America and Europe serve the maximum demand in the pain management therapeutics market, although highly populated emerging economies in Asia Pacific such as India and China are expected to turn into a profitable market towards the end of the forecast period.

In the current scenario, the global pain management therapeutics market is highly competitive, with the leading players constantly striving to come up with new products that are more efficient and hence gives them an edge over their competitors. In the current scenario, Purdue Pharma LP and Pfizer lead the market with nearly half the global shares, although the likes of Depomed Inc. and AstraZeneca Plc gaining ground. There is a strong presence of conventional medicines for pain management, which will keep the competitive landscape saturated throughout the forecast period. In the near future, a number of medium and small generic drugs manufacturers are expected to have a foray into pain management therapeutics market too, which will further intensity the tussle for the pole position.

Pain Management Therapeutics Market: Overview 

Pain management therapeutics comprise various methods to ease varied degrees of pain among patients and improve their quality of life. Pharmaceutical therapeutics are usually the first line of treatment for pain management and if this does not work, patients opt for other methods such as pain managing devices, physiotherapy, and chiropractic therapy.

Pain management therapeutics can be categorized into antidepressants, anticonvulsants, opioids, anesthetics, antimigraine agents, non-steroidal anti-inflammatory drugs (NSAIDS), and non-narcotic analgesics. Various drugs are used for the management of different kinds of pain, such as fibromyalgia, neuropathic pain, arthritic pain, chronic back pain, post-operative pain, migraine, and cancer-related pain. A common trend that has been observed among patients is the consumption of over-the-counter (OTC) drugs rather than prescription drugs. 

Pain Management Therapeutics Market: Trends 

The growing prevalence of chronic diseases such as diabetes and cancer has been single-handedly driving the demand for pain management therapeutics and the number of people suffering from this kind of pain has been surging at a substantial rate. In addition to this, a massive geriatric population susceptible to arthritis, nerve damage, neuropathy, and joint pain is also boosting the market for pain management therapeutics. Supplementing market growth are favorable regulatory scenarios in many developed countries around the world.

However, as more and more patients opt for generic pain management drugs, the branded segment has been suffering a major setback. Moreover, the patent expiries of a number of blockbuster drugs will have a significant impact on the overall market for pain management therapeutics. 

Pain Management Therapeutics Market: Market Potential 

Despite the fact that leading brands are nearing a point of saturation, the pain management therapeutics market possesses strong potential for growth, particularly for smaller players. For instance, looking to expand its footprint in the global market as well as strengthen its U.S. pharmaceutical unit, Ireland-based Endo International plc acquired Auxilium Pharmaceuticals in 2015. The company also launched the BELBUCA Bucccal Film in 2016, which is used for the management of chronic pain.

Purdue Pharma, headquartered in Connecticut, U.S., ventured into a patent agreement with Acura Pharmaceuticals, Inc. and Egalet Corporation in 2016 for the development and sales of opioid pain management medicines. 

Pain Management Therapeutics Market: Regional Outlook 

Geographically, the global market for pain management therapeutics comprises North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. North America and Europe hold the largest share in the overall market and are slated to continue their dominance throughout the forecast period. The rising consumption of advanced pain management drugs and the availability of well-established and sophisticated healthcare infrastructure are the key factors driving the North America and Europe pain management therapeutics market. Asia Pacific is an immensely lucrative region and a number of players are looking to expand their operations in the many emerging countries in the region. This can be attributed to strong economic growth in nations such as China, India, Malaysia, and Japan, rising investments in the healthcare industry in these countries, and the increasing affordability of the population. 

Pain Management Therapeutics Market: Competitive Analysis 

There are a host of generic as well as branded drug manufacturers in the global pain management therapeutics market. These include GlaxoSmithKline plc, Novartis AG, Johnson & Johnson, Abbott Laboratories, AstraZeneca, Teva Pharmaceutical Industries Limited, Merck & Co., Inc., Purdue Pharma L.P., Endo Pharmaceuticals, Inc., Mallinckrodt Pharmaceuticals, Depomed, Inc., and Pfizer, Inc. Although companies producing branded pain management therapeutics have a strong foothold in the market, the market is actually dominated by generic drug manufacturers, giving small- and medium-scale players immense scope for growth.

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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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MARKET REPORT

Internet of Mobility Market Trends in the Market 2019 – 2027

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TMR’s latest report on global Internet of Mobility market

The recent market intelligence study by Transparency Market Research elaborates the all in all perspective of the worldwide Internet of Mobility market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.

Analysts at TMR find that the global Internet of Mobility market reached a value of ~US$ xx Mn/Bn in 2018 and is anticipated to grow at CAGR of xx% during the forecast period 2019-2029. The growth is primarily driven by increasing demand for Internet of Mobility among the consumers, better disposable income, and enhanced GDP in developing countries.

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Market distribution:

Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    After reading the Internet of Mobility market report, readers can:

    • Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Internet of Mobility market.
    • Grasp the market outlook in terms of value and volume.
    • Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Internet of Mobility market.
    • Learn about the manufacturing techniques of Internet of Mobility in brief.
    • Figure out the positive and negative factors impacting the product sales.

    What kind of questions the Internet of Mobility market report answers?

    1. Why is region witnessing the slowest demand growth for Internet of Mobility ?
    2. What kind of agreements are the players entering into in the global Internet of Mobility market?
    3. Which sub-segment will lead the global Internet of Mobility market by 2029 by product?
    4. Which Internet of Mobility market players hold significant shares in terms of value and volume?
    5. What alternatives are consumers looking for in the global Internet of Mobility market?

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    Why go for Transparency Market Research

    • One of the leading market research firms in India.
    • Serves 350+ clients every day.
    • Facilitates 60+ countries with innovative market ideas.
    • Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
    • Available round the clock.

    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

    Mr. Rohit Bhisey
    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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    MARKET REPORT

    Weather Forecasting Equipment Market Highlighting Regional Revenue Share Dominance During 2019-2027

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    Analysis of the Global Weather Forecasting Equipment Market

    The presented global Weather Forecasting Equipment market report provides reliable and credible insights related to the various segments and sub-segments of the market. The market study throws light on the various factors that are projected to impact the overall dynamics of the global Weather Forecasting Equipment market over the forecast period (20XX-20XX).

    According to the report, the value of the Weather Forecasting Equipment market was estimated to reach ~US$ XX in 2019 and attain a market value of ~US$ XX by the end of 2029. Further, the study reveals that the market is set to grow at a CAGR of XX% during the forecast period owing to a plethora of factors.

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    The market study aims to provide answers to the following questions related to the Weather Forecasting Equipment market:

    1. How are market players modifying their business models to gain a competitive edge in the Weather Forecasting Equipment market?
    2. Which market players are leading in terms of the adoption of novel technologies?
    3. What are the top factors that are expected to boost the growth of the Weather Forecasting Equipment market?
    4. Which is the most impactful growth strategy adopted by market players?
    5. What are the factors that could potentially hamper the growth of the Weather Forecasting Equipment market over the forecast period?

    The report splits the global Weather Forecasting Equipment market into different market segments such as

    Vaisala (Finland)
    Sutron Corporation (US)
    Campbell Scientific (US)
    Airmar Technology Corporation (US)
    Liquid Robotics (US)
    All Weather, Inc. (US)
    Morcom International, Inc. (US)
    Columbia Weather Systems (US)
    G. Lufft Mess-und Regeltechnik (Germany)
    Skye Instruments (UK)

    Segment by Regions
    North America
    Europe
    China
    Japan
    Southeast Asia
    India

    Segment by Type
    Barometer
    Anemometer
    Hygrometer
    Rain Gauge
    Thermometer
    Radiometer
    Scatterometer
    Spectrometer
    Others

    Segment by Application
    Agriculture
    Aviation
    Transportation & Logistics
    Energy & Power
    Marine
    Meteorology
    Hydrology
    Others

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    Vital data enclosed in the report:

    • SWOT analysis of the leading market players in the Weather Forecasting Equipment market
    • Analysis of the most lucrative distribution channels for market players in different regions
    • Assessment of the key success factors impacting the growth of the Weather Forecasting Equipment market on the global scale
    • Regulatory policies that are likely to accelerate/hamper the market growth
    • Year-on-Year growth of each market segment and sub-segment

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    MARKET REPORT

    Sodium Bicarbonate Market Challenges On Upcoming Trends 2019 – 2027

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    Latest Study on the Global Sodium Bicarbonate Market

    The latest report published by Transparency Market Research on the Sodium Bicarbonate market offers valuable insights related to the future prospects of the Sodium Bicarbonate market. The underlying trends, prospective opportunities, impeding factors, and notable market drivers are analyzed in the presented report.

    As per the study, the Sodium Bicarbonate market is expected to grow at a CAGR of ~XX% and reach a value of ~US$ towards the end of 2029. Moreover, an in-depth analysis of the micro and macro-economic elements that are expected to influence the trajectory of the Sodium Bicarbonate market during the forecast period (2019-2029) is included in the report.

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    Indispensable Insights Related to the Sodium Bicarbonate Market Included in the Report:

    • Estimated output of the Sodium Bicarbonate market in 2019
    • Growth factors and restraints likely to influence the dynamics of the Sodium Bicarbonate market
    • Growth prospects of the Sodium Bicarbonate market in various regions
    • Parameters expected to shape the growth of the Sodium Bicarbonate market
    • Company profiles of established players in the Sodium Bicarbonate market

    An in-depth evaluation of the growth prospects and market scenario in each region is enclosed in the report backed by informative and relevant list of figures, tables, and graphs. 

    Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    The report clarifies the following doubts related to the Sodium Bicarbonate market:

    1. Which end-use is likely to dominate the Sodium Bicarbonate market in terms of demand and share?
    2. What is the scope for innovation in the Sodium Bicarbonate market?
    3. How are the evolving regulatory policies expected to impact the growth of the Sodium Bicarbonate market?
    4. Which region is likely to offer a plethora of opportunities for market players in the Sodium Bicarbonate market?
    5. How are market players aiming to enhance their manufacturing/production capacity?

    Why Companies Trust TMR’s Analytical Insights?

    • Swift and prompt customer support
    • Methodical and systematic market research process
    • Our reports have empowered the business prospects of over 500 clients
    • 24×7 customer support for domestic and international clients
    • Unbiased market insights and conclusions

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    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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