Pain Management Therapeutics Market Trends - 2018

Transparency Market Research

Pain Management Single User License: USD 4595 Therapeutics Market Global Industry Analysis, Multi User License: USD 7595 Size, Share, Growth, Trends and Forecast, 2012 Corporate User License: USD 10595 - 2018

Published Date 31-July-2013

155 Page Report

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Press Release

Pain Management Therapeutics Market is expected to Decline to USD 29.47 Billion Globally by 2018: Transparency Market Research

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Pain Management Therapeutics Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research "Pain Management Therapeutics Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," in 2011, the global pain management therapeutics market was valued at USD 40.93 billion and is expected to decline at a CAGR of (5.5%) from 2012 to 2018, to reach an estimated value of USD 29.47 billion in 2018. Browse the Pain Management Therapeutics Market Research report with full TOC at http://www.transparencymarketresearch.com/pain-management-therapeutics.html The global pain management therapeutics market is expected to experience a decline in revenues at a CAGR of (5.5%) during the forecast period, mainly due to patent expirations of the leading branded drugs. Although the global incidence rates of cancer, diabetes and other debilitating diseases that cause various chronic pain conditions is on a rise, the decline in market revenue is inevitable due to generic incursion for the top pain management drugs. Moreover, lack of a strong pipeline of novel or combination drugs that could help restore the positive growth of the overall market is also expected to contribute to the overall decline in the global pain management therapeutics market. Administration of analgesics is the first...