Global Cancer Pain Therapeutics Market 2015-2019

Cancer pain therapeutics market overview

The global market for cancer pain therapeutics is expected to post a healthy market growth rate of more than 9% during the forecast period. The steady growth of this market can be attributed to the launch of new products that specifically treat pain related to cancer.

Cancer pain therapeutics market driver

Technavio’s market research analyst anticipates factors such as the unmet medical needs of patients to drive the market growth during the forecast period. Currently, the drugs that are available for reducing pains associated with cancer have a prolonged duration of action and are characterized by undesirable effects like sedation and respiratory depression.  Consequently, this presents an opportunity for the vendors to bring in therapies with fewer side effects and a better efficacy parameter.

Cancer pain therapeutics market projections as per geography

• APAC
• EMEA
• Americas

Geographically, the Americas are expected to account for more than 47% of the total market share by 2019. In the Americas, the US is considered to be the highest revenue-generating geography due to the recent increase in the incidence of cancer in this region.

Cancer pain therapeutics market by drug-class segmentation

• Opioids
• Non-steroidal anti-inflammatory drugs
• Others

Non-steroidal anti-inflammatory drugs are the most commonly used drugs because of their high efficacy and anti-inflammatory action. These drugs block the production of prostaglandins by inhibiting the cyclooxygenase enzyme and, therefore, reduce the pain at the site of injury.

Cancer pain therapeutics market growth analysis for key vendors

This market is highly fragmented and contains numerous competitive small and large vendors. Large vendors like BioDelivery Sciences and ProStrakan Group dominate this market during the forecast period and constantly compete with each other to gain maximum traction in this market.

Leading vendors in the cancer pain therapeutics market

• BioDelivery Sciences
• ProStrakan Group
• Teva Pharmaceuticals

Key questions answered in the report include

• What will the market size and the growth rate be in 2019?
• What are the key factors driving the global cancer pain therapeutics market?
• What are the key market trends impacting the growth of the global cancer pain therapeutics market?
• What are the challenges to market growth?
• Who are the key vendors in the global cancer pain therapeutics market?
• What are the market opportunities and threats faced by the vendors in the global cancer pain therapeutics market?
• What are the key outcomes of the five forces analysis of the global cancer pain therapeutics market?

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Related reports

• Global Pain Management Devices Market 2014-2018
• Global Cervical Cancer Market 2015-2019
• Global Colorectal Cancer Drugs Market 2015-2019