Report ID: UCMIG35B2118
Report ID:
UCMIG35B2118 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2021, the non-steroidal anti-inflammatory drugs (NSAIDs) market exhibited a significant value of USD 19,551.34 million on a global scale. Forecasts suggest that this market will continue to thrive with a compound annual growth rate (CAGR) of 5.36% between 2022 and 2030. These medications, known for their anti-inflammatory properties, are widely used to alleviate pain and reduce inflammation in various conditions. The projected growth reflects the increasing demand for NSAIDs, driven by factors such as rising incidences of chronic diseases and an aging population worldwide.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35B2118