Global Non-steroidal Anti-Inflammatory Drugs Market | 2021 Global Healthcare Industry Analysis To 2028, is latest report on Global Non-steroidal Anti-Inflammatory Drugs Industry, published by Fortune Business Insights. According to this report Global Non-steroidal Anti-Inflammatory Drugs Market to rise at healthy Compound Annual Growth Rate by 2027. Market for Non-steroidal Anti-Inflammatory Drugs Industry is segmented By Product Type (Non-steroidal Anti-Inflammatory Drugs Frames and Spectacle Lenses), By Modality (Prescription and Over-the-counter) By Distribution Channel (Retail Store, Online Store, Ophthalmic Clinics), and Regional Forecast, 2020-2027
Major Non-steroidal Anti-Inflammatory Drugs Manufacturers covered in the market report include:
Pfizer Inc.
GlaxoSmithKline plc
Boehringer Ingelheim International GmbH
Johnson & Johnson Services, Inc.
Bayer AG
AstraZeneca
Zyla Life Sciences
Horizon Therapeutics plc
Other key players
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Competitive Landscape-
Key Players Launch Novel Products to Gain Fast Track Approvals
The top manufacturers present in the market are persistently conducting research and development activities to introduce innovative products and to increase their product portfolio. By doing so, they are also bagging approvals from the regulatory bodies. Below are some of the latest key industry developments:
May 2019: The U.S. Food and Drug Administration (FDA) approved over-the-counter diclofenac sodium topical gel 1% of Perrigo Company plc. The product will offer consumers with a high-quality alternative to GSK’s Voltaren Arthritis Pain.
March 2019: Teva Pharmaceutical Industries Ltd. unveiled an authorized generic of Flector 1 Patch1.3%. The product was launched in the U.S. market. It is a NSAID that is meant for treating acute pain resulting from minor contusions, sprains, and strains.
April 2018: Strides Shasun’s generic Ibuprofen capsules, 200 mgwere approved by the USFDA. They are meant for relieving pain. It is a generic version of Advil Liqui-Gels 200 mg by Pfizer Inc.
This Report Answers the Following Questions:
What are the market growth drivers, obstacles, and trends?
Which region is likely to dominate the market in terms of revenue?
Which crucial business strategies are being followed by players to drive sales of Non-Steroidal Anti-Inflammatory Drugs?
Which segment is set to lead the market by generating the largest share?
Non-steroidal Anti-Inflammatory Drugs Market Analysis 2021:
The global Non-steroidal Anti-Inflammatory Drugss market size is projected to rise remarkably on account of the increasing number of chronic and acute diseases and the advent of technologically advanced procedures to diagnose them. Non-steroidal Anti-Inflammatory Drugs is an imaging scanner intensifier used for intraoperative imaging in surgical, orthopaedic, or emergency diagnostic procedures owing to its radiographic abilities.The increasing number of chronic and acute diseases requiring imaging procedures is a crucial factor propelling the Non-steroidal Anti-Inflammatory Drugss market growth.
This, coupled with a rise in the demand for minimally invasive procedures, is also expected to aid in the expansion of the market. Also, the advent of artificial intelligence in radiology for assisting the discovery of genomic markers will boost the market growth in the coming years.On the contrary, factors such as high cost of Non-steroidal Anti-Inflammatory Drugss instruments may pose a significant hindrance to the market in the coming years.
Nevertheless, they have a wide variety of applications such as urology, vascular, neurovascular, spinal surgery, and others. The increasing demand for Non-steroidal Anti-Inflammatory Drugs imaging system from the applications listed above is likely to create lucrative growth opportunities for the market in the coming years.
The world economy is facing rough waters owing to the current pandemic of COVID-19. Most of the import-export businesses are at a halt owing to this pandemic. However, we hope to pass this phase soon with government support and measures. We, at Fortune Business Insights, are offering analytical reports on various markets affected by COVID-19. These reports will help investors chalk out the strategic plans for revenue generation in the coming years.
Non-steroidal Anti-Inflammatory Drugs market is likely to rise at a CAGR of 4.6% and reach USD 2,453.3 million by the end of 2027 from a revenue of USD 1,708.1 million generated in the year 2019. The forecast period is set between 2020 to 2027.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Non-steroidal Anti-Inflammatory Drugs Market Growth Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
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