The global diclofenac sodium market is anticipated to grow at a significant CAGR during the forecast period. The major factor that is expected to fuel the global diclofenac sodium market during the forecast period includes the increasing ageing population and surgery practices. Diclofenac sodium is a non-steroidal anti-inflammatory drug, which is a slightly yellowish crystalline powder or white. It is used to relieve pain, swelling, and joint stiffness caused by arthritis. It comes as tablets, capsules, and suppositories and is available on prescription only. Gel and plasters for joint pain are available from pharmacies. It is sold with brand names Voltaren, Arthrotec and Solaraze.
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Diclofenac is primarily used to treat arthritis and inflammatory pain caused by surgery or injury. Moreover, disorders of the musculoskeletal system affect 70% of the population over the age of 50 years. Further, the patients with chronic pain evaluated at a minimum of 50% on the visual analog scale are eligible for therapy with high-potency opioids. At all stages of the pain treatment, diclofenac sodium can be used in combination with co-diclofenac sodium including sedatives, antidepressants, and anti-epileptics which may contribute to a reduction in doses of diclofenac sodium drugs.
Diclofenac sodium is the most commonly used painkiller, however, in recent years, it is experiencing a tragic fall in sales, owing to the associated risk of heart problems. Diclofenac Sodium is removed from over the counter in several countries. Researchers suggest that diclofenac should be available only with a prescription and also should be accompanied by an appropriate front package warning about its potential risks, which is expected to hinder the growth of the global diclofenac sodium market during the forecast period.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered
- Regions Covered- Globally
Competitive Landscape: Auro Laboratories Ltd., Bayer AG, and Pfizer Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Diclofenac Sodium Market Report Segment
By Type
- Tablet
- Injection
By Application
- Elderly
- Adults
A full report of Diclofenac Sodium Market is available at: https://www.omrglobal.com/industry-reports/diclofenac-sodium-market
Diclofenac Sodium Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Auro Laboratories Ltd.
- Bayer AG
- Pfizer Inc.
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