Analgesics Market

By Type;

Non-Opioids, and Opioids

By Distribution;

Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies

By Route Of Administration;

Oral Route, Intravenous Route, Rectal Route, Transdermal Route, and Topical Route

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn360338953 Published Date: June, 2025 Updated Date: August, 2025

Analgesics Market Overview

Analgesics Market (USD Million)

Analgesics Market was valued at USD 6,518.03 million in the year 2024. The size of this market is expected to increase to USD 9,393.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.


Analgesics Market

*Market size in USD million

CAGR 5.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.4 %
Market Size (2024)USD 6,518.03 Million
Market Size (2031)USD 9,393.92 Million
Market ConcentrationMedium
Report Pages351
6,518.03
2024
9,393.92
2031

Major Players

  • Pfizer, Inc.
  • johnson and johnson md&d
  • Reckitt Benckiser Group
  • AbbVie Inc.
  • Sanofi
  • Glaxosmithkline plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Analgesics Market

Fragmented - Highly competitive market without dominant players


The Analgesics Market is expanding rapidly due to the increasing need for effective pain management, especially among individuals suffering from chronic conditions such as arthritis, migraines, and nerve-related disorders. More than 65% of chronic pain sufferers rely on analgesics for long-term relief, driving the consumption of both prescription and non-prescription products across care settings.

Emergence of Advanced Drug Formulations
Breakthroughs in formulation science are reshaping the landscape of analgesics, with nearly 48% of new drugs incorporating extended-release technologies. These developments are helping improve patient adherence and reduce the risks associated with frequent dosing. Combination formulations are also gaining traction for their ability to enhance treatment outcomes.

Surging Use in Cancer and Surgical Care
Analgesics are indispensable in post-surgical and oncological pain care, with usage reported in over 70% of surgical interventions. Hospitals and clinics are increasingly adopting tailored analgesic regimens to manage acute and procedural pain, contributing to rising utilization rates across both inpatient and outpatient services.

Regulatory Support for Safer Drug Use
Regulatory agencies are tightening control over opioid prescriptions, with over 60% implementing frameworks that encourage the use of abuse-deterrent formulations. These efforts aim to reduce misuse while supporting innovation in safe analgesic therapies. This regulatory push is shaping the future of the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Distribution
    3. Market Snapshot, By Route Of Administration
    4. Market Snapshot, By Region
  4. Analgesics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population

        2. Chronic Pain Prevalence

        3. Technological Advancements

      2. Restraints
        1. Safety Concerns

        2. Regulatory Scrutiny

        3. Opioid Epidemic

      3. Opportunities
        1. Novel Formulations

        2. Emerging Markets

        3. Combination Therapies

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Analgesics Market, By Type, 2021 - 2031 (USD Million)
      1. Non-Opioids

      2. Opioids

    2. Analgesics Market, By Distribution, 2021 - 2031 (USD Million)

      1. Hospital Pharmacies

      2. Retail Pharmacies

      3. Online Pharmacies

    3. Analgesics Market, By Route Of Administration, 2021 - 2031 (USD Million)
      1. Oral Route

      2. Intravenous Route

      3. Rectal Route

      4. Transdermal Route

      5. Topical Route

    4. Analgesics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pfizer Inc
      2. johnson and johnson md&d
      3. Reckitt Benckiser Group
      4. AbbVie Inc
      5. Sanofi
      6. Glaxosmithkline plc
  7. Analyst Views
  8. Future Outlook of the Market