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Cancer Pain Market is expected to reach USD 8.26 Billion by 2030 at a CAGR of 4.8 percent

(PharmaNewsWire.Com, June 01, 2024 ) As per Maximize Market research, the Cancer Pain Market size was valued at USD 6.85 Billion in 2023 and the total Cancer Pain Revenue is expected to grow at a CAGR of 5.8% from 2024 to 2030, reaching nearly USD 10.16 Billion by 2030.

Cancer Pain Market Report Scope and Research Methodology

The report on Cancer Pain Market provides a thorough analysis of the market structure and the nature of competition in the market. The Cancer Pain Market size was estimated meticulously by using a bottom-up approach to get an understanding of the market growth. Key insights covered in the report include the major drivers of the market at global and regional level, challenges for future growth and various opportunities due to technical advancements in the market.

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Regional analysis is conducted to provide information on the market leaders in various regions, market penetration and demographic factors affecting the regional Cancer Pain industry. The market is broken down into two major segments by product and distribution channel. Segment-wise analysis helps gain insights into the core target consumers of the product, its manufacturers and devise advertising campaigns for the same.

For the competitive analysis of the Cancer Pain Market, a competitive matrix is made covering market leaders and new entrants. The report presents an overview of each company along with important takeaways based on the revenue generated, financial health, technological advancements, recent developments, mergers and acquisitions, joint ventures, alliances and marketing tactics.

Data for the analysis was collected using primary and secondary research methods. A mix of qualitative and quantitative analysis was used in the report. Primary research was used to validate the findings from the secondary research. Research tools such as SWOT, PESTLE and Porter’s Five Force analysis was used to grasp the factors affecting the growth of the Cancer Pain Market. Such analysis makes the report an investor’s guide, thereby helping clients take investment and marketing decisions.

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Cancer Pain Market Dynamics:

The cancer pain market is driven by the rising global cancer burden, coupled with increasing awareness about effective pain management. The development of novel analgesics and innovative drug delivery systems is expected to fuel market growth. Then, concerns over side effects and addiction associated with opioid-based treatments may hinder adoption. The emergence of alternative therapies, such as medical cannabis and interventional techniques, is shaping the market landscape. Additionally, initiatives promoting palliative care and improving access to pain management resources are likely to influence the market's dynamics positively.

Cancer Pain Market Regional Analysis

North America dominates the global cancer pain market, driven by the region's high prevalence of cancer cases and the widespread adoption of advanced pain management therapies. The United States accounts for the largest share within the region, owing to its well-established healthcare infrastructure, favorable reimbursement policies, and the presence of major pharmaceutical companies. Increasing awareness about effective pain management and the availability of innovative treatment options, such as targeted therapies and novel drug delivery systems, contribute to the region's market dominance. Furthermore, ongoing research and development activities, coupled with a strong emphasis on improving patient outcomes, are expected to drive the continued growth of the cancer pain market in North America.

Cancer Pain Market Segmentation

by Drug Type


Non-steroidal anti-inflammatory Drugs (NSAIDs)


Local Anesthetics

Other Analgesics

by Disease Indication

Lung Cancer

Colorectal cancer

Breast cancer

Prostate cancer

Blood cancer


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Cancer Pain Market Key Players Includes

Pfizer Inc

Johnson & Johnson (United States)

CK Life Science (WEX Pharma) (Canada)

Collegium Pharmaceutical


Sorrento Therapeutics

Galena Biopharma

AbbVie Inc.

Talphera Inc

Merck & Co., Inc.

Orexo AB

Mallinckrodt Pharmaceuticals plc

AstraZeneca PLC

MundiPharma International Ltd

Roche Holding AG

Grünenthal Pharma GmbH & Co. KG


Maximize Market Research is leading Life Science research firm, has also published the following reports:

Cancer Biological Therapy Market – The market size was valued at USD 126.46 Billion in 2023 and the total Cancer Biological Therapy Market revenue is expected to grow at a CAGR of 7.6% from 2024 to 2030, reaching nearly USD 203.07 Billion.

Cancer Immunotherapy Market - The market size is expected to grow at a CAGR of 2.9% during the forecast period. Global Overactive Bladder Treatment Market is expected to reach US$ 6.67 Bn. by 2029.

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.


L Godage


Source: EmailWire.Com


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