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Over The Counter Pain Medication market will grow at highest pace owing to rising geriatric population
The over the counter pain medication market consists of non-prescription drugs used to relieve pain such as headaches, muscle pains, backaches, toothaches, colds, menstrual cramps and arthritis. These drugs provide temporary relief from pain and include analgesics like paracetamol and non-steroidal anti-inflammatory drugs such as ibuprofen and aspirin. Non-prescription pain medications are widely available as tablets, capsules and liquids in retail pharmacies and online stores, providing convenience to consumers. With growing aging population suffering from arthritis and other joint pains, the demand for these medications is increasing rapidly.
The Global Over The Counter Pain Medication Market is estimated to be valued at US$ 27.12 Bn in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Over The Counter Pain Medication market include Johnson & Johnson, Pfizer Inc., Bayer AG, GlaxoSmithKline plc, Sanofi S.A., Reckitt Benckiser Group plc, Novartis AG, Perrigo Company plc, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim International GmbH, Sun Pharmaceutical Industries Ltd., Alkem Laboratories Ltd., Cipla Ltd., Dr. Reddy's Laboratories Ltd., Glenmark Pharmaceuticals Ltd., Lupin Limited, Aurobindo Pharma Limited. The dominance of these key players is attributed to their diverse product portfolio and strong global distribution network.
Over The Counter Pain Medication Market Demand rapidly owing to increasing incidences of headache, joint pains and menstrual problems across major countries. Self-medication has become popular as consumers frequently purchase these drugs for quick relief from minor pains without doctor's prescription.
Technological advancements are leading to development of innovative drug delivery systems for over the counter pain medications such as fast-dissolving oral thin films and gels providing pain relief more quickly. Development of combination drugs offering relief from multiple symptoms with a single drug is another key trend observed in this market. Market Trends Sustained release formulations are gaining popularity in the over the counter pain medication market. These ensure drugs remain effective for longer duration, releasing medicine slowly into the body. For example, Advil has introduced extended release gels providing all-day relief from pain.
Combination drugs offering relief from pain as well as symptoms like cold, cough and fever are witnessing strong demand. Consumers prefer single drugs treating multiple conditions. Manufacturers are developing combination pills accordingly to increase sales.
Market Opportunities The rising geriatric population suffering from arthritis and joint pains worldwide presents significant growth opportunities. Around 100 million US adults suffer from arthritis currently and the number is projected to rise to 130 million by 2060.
Online pharmacies are emerging as an important sales channel for over the counter pain medications. Expanding e-commerce and increasing preference of consumers to shop online from the convenience of their homes will drive future revenues in this distribution segment.
Impact of COVID-19 on Over The Counter Pain Medication Market Size And Trends The COVID-19 pandemic has immensely impacted the growth of the over the counter pain medication market globally. During the initial phase of the pandemic, there was a sharp surge in demand for pain relieving drugs like paracetamol, ibuprofen etc. as people stocked up medicines fearing potential shortages. This led to a significant spike in sales revenues for OTC pain medication manufacturers in 2020. However, as the pandemic prolonged, lockdowns imposed worldwide disrupted manufacturing and supply chain operations. Strict movement restrictions made it difficult for companies to transport raw materials and finished drugs. The declining disposable incomes and job losses during the economic downturn also reduced people's spending power which hindered the market growth post-2020.
To overcome resource constraints, companies focused on streamlining production and prioritizing essential medicines. They established alternative sourcing routes and enhanced inventory levels. Digitization of processes helped maintain business continuity. As restrictions eased in 2021-22, market saw a steady recovery backed by mass vaccination drives. Demand revived in retail channels and e-commerce platforms. However, hovering price pressures due to high production costs remain a key challenge. In the coming years, companies need to optimize costs, expand into virtual care solutions and tap opportunities in pain relief for Covid-19 associated symptoms to sustain growth in the post pandemic environment. Geographical Regions with Highest Over The Counter Pain Medication Market Value North America has been the largest regional market for over the counter pain medication, accounting for around 40% of global value due to high healthcare spending and self-medication trend. Within North America, the US commands the major share owing to large population size and presence of major manufacturers. Europe holds the second position while Asia Pacific is fastest growing region supported by expanding medical industries, rising health awareness and large patient pool in China and India. Fastest Growing Region in Over The Counter Pain Medication Market Asia Pacific region is poised to witness the fastest growth in the over the counter pain medication market during the forecast period. Factors such as rising middle class disposable incomes, increased spending on healthcare, growing geriatric population susceptible to joint disorders and innovations by local pharmaceutical giants are driving the market growth in Asia Pacific countries. Additionally, self-medication has become more prominent with easier access to OTC drugs via e-retailers and convenience stores. China, India, Japan, South Korea, Indonesia and other Southeast Asian countries offer immense untapped opportunities for OTC painkiller brands seeking to expand in Asia. Get More Insights On, Over The Counter Pain Medication Market About Author: Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
#Over The Counter Pain Medication Market Size#Over The Counter Pain Medication Market Demand#Over The Counter Pain Medication Market Trends#Over The Counter Pain Medication#Over The Counter Pain Medication Market
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US gifts Guyana COVID-19 anti-viral pill to Guyana
The United States (US) on Wednesday donated 1,000 doses of Paxlovid, an oral pill that is used to treat COVID-19 patients with a high risk of severe illness or death, to Guyana, the embassy here said. The embassy said that medication complements a separate donation of 354,660 Pfizer vaccine doses. Speaking at the handover of the doses to the Ministry of Health, U.S. Embassy Deputy Chief of…
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How Do COVID-19 Antiviral Pills Work & Who Is Eligible to Receive Them
COVID-19 was a globally spreading pandemic, and since it is a new species of virus, it doesn't have any proper treatment or medicine. However, now most people are vaccinating as a precautionary measure to avoid the coronavirus risk.
Besides all of the vaccines, there's a chance that you can have this virus; however, that chance is meagre. Similarly, now biologists have discovered many other antiviral drugs for Corona.
But do you know that you can only prevent the virus attack by consuming some pills? Yes, and here I will tell you How COVID-19 Antiviral Pills Work & Who Is Eligible to Receive Them?
Eligibility to Orally Consume Anti-COVID Pills
The medicines for COVID-19 are usually not accessible without a doctor's prescription. For the following purpose, the two standard tablets used are called Ritonavir Paxlovid.
Moreover, its best and most affordable alternative is Paxzen, a generic version of the respective medicine.
Both of these medicines have different eligibility criteria; however, it also depends on the condition and age of the patient. Similarly, it would be best if this medication is used only after the advice of a doctor.
Paxzen is Suitable for:
Older than 12 years old, having a weight of a minimum of 88 pounds.
Those who have tested positive for COVID-19 and those with a high risk of rapid viral growth can take this medicine for cure.
Molnupiravir is Effective for:
Patients having severe development of the virus should use this.
Children below 18 are not allowed to consume this drug.
If the doctor suggests you this to them, you can use them.
Why are These Two Medicines Distinct from Each Other?
Besides the similar purpose, both medicines are still slightly different in working. Both are very effective for preventing Corona and its symptoms; however, the conditions to consume it also vary.
Paxlovid is taken with two more medicines and only then works effectively. These two pills are named Nirmatrelvir and Ritonavir.
Both are prescribed by doctors in combination, where one prevents replication of the virus, and the other supports Nirmatrelvir Tablets from breaking down until their work is finished. Studies on this medication set show that it has reduced almost 90% of Corona cases from hospitalization.
Similarly, the other medicine is given with a combination of four other tablets. It also prevents the virus from replicating; however, these are taken every 12 hours for five days.
Which One is the Best Medicine?
Paxzen Tablet is the best medicine for COVID 19and it is also readily available. This drug is produced by Zenara Pharma, a very well-known pharmaceutical in India.
It is also available easily from any medical store, online or offline. Moreover, you can Buy Paxzen Tablets at a very reasonable price.
It has 30 medicines in total, which includes combination medicines of 20 & 10, respectively. Each box is bought for a maximum of 4800 INR. Similarly, as compared to Pfizer's drugs is 70% cheaper.
You can buy the substitute of Paxzen Tablet from 24x7 Pharma which is Primovir 150 mg, Movfor 200 mg and so on.. Just check it out.
Are There Any Harmful Side Effects of Paxzen?
Common Side Effects
Every strong antiviral medicine has some mild side effects, and so as this medicine has. Usual side effects of Paxzen include:
Diarrhoea & change in taste
Increased blood pressure
Slightly muscle pain
You don't have to worry if you have any of these side effects; however, you may need help if these symptoms last longer.
Rare Side Effects
Some rare side effects that need immediate medical help are:
Serious Allergic reactions
Itching & Swelling
Severe dizziness
Breathlessness
Swelling of face, tongue, throat
These are the side effects discovered by doctors to date. However, there might be more conditions, so if anyone has any symptoms, they should discuss them with their doctor.
The medication should be stopped if any of the symptoms are found in the patient; otherwise, it can worsen. Moreover, you can treat these side effects if treated on time, so don't ignore them.
Do I Still Need to Take Pills When I Don't Have Symptoms?
One of the most common mistakes is that people don't start treatment as soon as they are tested positive and wait for the symptoms to be shown. However, no one should wait for treatment if he's tested positive for Corona because early treatment can reduce health loss.
Since the virus replicates rapidly, it is perilous to wait for the symptoms. However, the reason for not feeling symptoms can be because you have better immunity, so the virus couldn't damage much, but it can become severe if not treated.
Doctors also suggest you get treated as soon as you get the test results, even when you don't feel sick. Similarly, it will be good for your health if you call for early treatment to recover faster from the immunity damage.
Is There Still a Need to Get Vaccinated?
These oral medicines can never work as a vaccine because these cannot be consumed as a precautionary measure. Vaccination is essential even when you're not tested positive because it will reduce the risk of getting attacked by the virus and strengthen your immunity.
Similarly, pills are not post-exposure prevention of Corona. There's no medicinal alternative to the vaccine, and there are many conditions for taking pills; therefore, unlike COVID-19, they are not suitable for everyone. Furthermore, you can take a vaccine even after you are attacked by the disease.
Although there are many rumours about vaccination, and you may be hesitant to get one, please ensure that the information is accurate and do some research. You can also consult your doctor if you are still avoiding vaccination.
Bottom Line
No doubt medicines are very effective but only when you are infected, not before. Similarly, COVID-19 vaccination is a must, and no one should avoid it. Protect yourself and your family, and vaccinate to prevent health issues.
As it is said, "Prevention is better than cure", so we should not wait for the virus to attack, and beforehand, we should take precautionary measures. However, research shows that an unvaccinated person is twice as likely to be infected by coronavirus than those vaccinated.
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Pfizer started Anti-Covid Pill Trials
Many nations are actively urging their citizens to get vaccinated against Covid-19. Because it is currently the most effective method of protecting ourselves and others around us from the virus. The question is, what happens if you contract Covid-19 despite having vaccinated? Pfizer is taking a deeper look at anti Covid pill as a result of recent clinical trials conducted by the company.
In a recent announcement, the pharmaceutical company stated that they had initiated a middle-to-late stage clinical research for anti-Covid medications. Those who have been expose to the virus might take these pills orally to combat the illness. The idea is that it would be similar to other oral medications, such as Tamiflu, which has consumed by people who are suffering from influenza.
It has claimed to aid in the prevention of the condition advancing and getting more severe. Which is similar to what the vaccination has intended to accomplish. To fight against the virus, according to Pfizer’s chief scientific officer Michael Dolsten, “we believe effective treatments for those who have contracted, or have been expose to, the virus will be require in addition to the influence that vaccinations have had on the virus’ spread.”
The Anti Covid pill made by Pfizer has also known as a protease inhibitor. And it has intended to aid in the prevention of the virus from multiplying. The business began developing the medicine in March 2020, and the current trial will involve 2,660 adults. And will be use to evaluate the drug’s safety and efficacy, among other things.
Read Also:
Punjab is experiencing an outbreak of dengue disease
Published in Lahore Herald #lahoreherald #breakingnews #breaking
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it’s an oral anti-viral pill trialed by Pfizer, it blocks the enzyme coronavirus needs to multiply, and it reduces hospitalisation/death by 89%:
www.rte.ie/news/coronavirus/2021/1105/1258081-pfizer-covid-drug/
www.pfizer.com/news/press-release/press-release-detail/pfizers-novel-covid-19-oral-antiviral-treatment-candidate?linkId=138863812
#it's just no one had shared this yet & i felt i had to??#Covid 19#corona virus#destiel#nov 5th#supernatural#good morning europeans!! glad we can carry on the tradition of november SIXTH insane destiel news
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1.13.22 Headlines
WORLD NEWS
Germany: Court finds Syrian colonel guilty of crimes against humanity (BBC)
“A German court has sentenced a Syrian colonel to life in prison for crimes against humanity in a historic trial. Anwar Raslan, 58, was linked to the torture of over 4,000 people in Syria's civil war in a jail known as "Hell on Earth". The trial in Koblenz is the world's first criminal case brought over state-led torture in Syria.”
Bulgaria: Anti-vaccine protesters try to storm Bulgaria’s parliament (CNN)
“Anti-vaccine protesters tried to storm the Bulgarian parliament on Wednesday and briefly scuffled with police officers during a massive rally against coronavirus restrictions in downtown Sofia. Tensions rose an hour after about 3,000 people gathered in front of the parliament building, demanding the lifting of a mandatory health pass which they said trampled on their rights and was a back-door means of forcing people to get vaccinated.”
France: Schools close as unions say 75% of teachers on strike (BBC)
“Schools have shut across France as teachers stage a mass strike in protest against the government's handling of the coronavirus crisis. French ministers have made keeping schools open a priority, despite a recent surge in Covid-19 cases, fuelled by the Omicron variant. Teachers say Covid rules in school are confusing and constantly changing.. The government said almost 40% of primary teachers and 24% of secondary teachers had walked out on Thursday. But those figures were well below estimates by unions, which said they expected about 75% of primary teachers to go on strike.”
US NEWS
Covid: Pill rollout stymied by shortages as omicron rages (AP)
“Two brand-new COVID-19 pills that were supposed to be an important weapon against the pandemic in the U.S. are in short supply and have played little role in the fight against the omicron wave of infections. The problem is that production is not yet at full strength and that the pill considered to be far superior, Pfizer’s, takes six to eight months to manufacture.”
Biden: Administration to make free high-quality face masks available to all Americans (CNN)
“President Joe Biden on Thursday announced his administration would make "high-quality masks" available to Americans for free, as the US struggles to contain the new surge of the Omicron variant and hospitalizations from Covid-19 reach new highs. The President also announced his administration would purchase an additional 500 million Covid-19 tests -- on top of the 500 million tests he previously announced -- and said the website where Americans can go to get the free tests shipped to them will be rolled out next week.”
Gabby Petito: Independent investigator recommends Utah officers be placed on probation (CNN)
“Two police officers who responded to a domestic violence call involving Gabby Petito and Brian Laundrie last year in Moab, Utah, should be put on probation for what the city called "several unintentional mistakes" made during the encounter, according to an independent investigator. Petito and Laundrie were traveling through Moab on August 12 as part of a lengthy road trip when police responded to a call in which a witness said he saw the couple involved in a domestic dispute before driving away.”
#current events#news#germany#syria#bulgaria#france#united states#covid#omicron#biden#gabby petito#brian laundrie
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So the new Pfizer Covid pill keeps you from getting seriously ill when it’s paired with an anti viral drug. Doesn’t Hydroxychloroquine do the same thing? For less? And has since the beginning of this stupid shit show???
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Why is Pfizer sharing its COVID-19 pill but not its vaccine? | Counting the Cost by Al Jazeera English Pfizer’s chief executive Albert Bourla says his COVID-19 oral antiviral drug is "a real game changer". He claims the pill cuts the risk of hospitalisation and death by 89 percent. But unsurprisingly campaigners are already raising concerns that the rich world will once again corner the anti-viral market. Dr Githinji Gitahi, the chief executive of Amref Health Africa, explains what needs to be done for the equitable distribution of vaccines. And Willie Walsh, the director general of the International Air Transport Association, tells us when the industry will recover from the pandemic.
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China just approved its first domestic anti-COVID pill, Azvudine, and is ready to produce 6.8 billion pills a year at half the price of Pfizer’s Paxlovid
China just approved its first domestic anti-COVID pill, Azvudine, and is ready to produce 6.8 billion pills a year at half the price of Pfizer’s Paxlovid
But Genuine Biotech’s Azvudine appears far less effective than Pfizer’s pill, too Read More Source link
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Paxlovid, Pfizer's anti Covid pill is effective against the Omicron variant
Paxlovid, Pfizer’s anti Covid pill is effective against the Omicron variant
Recent studies have shown that Paxlovid, the anti-Covid pill developed by Pfizer, is also effective against the Omicron variant. Topics covered Recent studies have shown that Paxlovid, the anti-Covid pill developed by Pfizer, is also effective against the Omicron variant. The Paxlovid anti-Covid pill also works with Omicron Recent studies have shown that Paxlovid, there anti-Covid pill…
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81 Milliarden Dollar allein 2021 Impfstoff beschert Pfizer doppelten Umsatz 08.02.2022, 15:45 Uhr Vor der Pandemie verdient der US-Pharmakonzern Pfizer vor allem am Verkauf seiner Krebsmedikamente. Das ändert sich nach der Entwicklung seines Corona-Impfstoffs, der ihm im vergangenen Jahr einen Nettogewinn von 21,9 Milliarden Dollar einbringt. US-Anleger sind dennoch enttäuscht. Der US-Pharmakonzern Pfizer hat im vergangenen Jahr seinen Umsatz dank des gemeinsam mit Biontech vermarkteten Covid-19-Impfstoffs fast verdoppelt. Pfizer setzte 2021 rund 81,3 Milliarden Dollar um, nachdem im Vorjahr noch 41,7 Milliarden Dollar zu Buche standen. Ohne die Beiträge des Impfstoffs Comirnaty und der Anti-Corona-Pille Paxlovid wäre der Umsatz um sechs Prozent auf 44,4 Milliarden Dollar gestiegen, teilte der Konzern mit. Pfizer 45,06 Die EU-Arzneimittelbehörde EMA hatte die Pille Ende Januar zugelassen. Paxlovid wird bei Risikopatienten mit leichten bis mittelschweren Krankheitssymptomen eingesetzt und senkt laut Pfizer die Gefahr einer Krankenhauseinweisung oder eines Todes um knapp 90 Prozent. Der Nettogewinn des Unternehmens sprang auf 21,9 von 9,2 Milliarden Dollar vor Jahresfrist. "Das Unternehmen steht besser da als jemals zuvor in meinen fast 15 Jahren hier", sagte der vor dem Ruhestand stehende Finanzchef Frank D'Amelio. Sollte Pfizer seine Prognosen für das laufende Jahr erreichen, wäre es der höchste Jahresumsatz und bereinigte Gewinn je Aktie in der Geschichte des Pharmakonzerns, der 1849 von den deutschen Auswanderern Karl Pfizer und Karl Erhart gegründet wurde. Umsatzsprung auf 102 Milliarden Dollar erwartet Noch 2020 machte Pfizer den meisten Umsatz mit Krebsmedikamenten, diese Sparte wurde inzwischen mit gewaltigem Abstand vom Impfstoffgeschäft übertroffen. Für 2022 rechnet Pfizer mit einem weiteren Umsatzsprung auf 98 bis 102 Milliarden Dollar und einem bereinigten Gewinn je Aktie von 6,35 bis 6,55 Dollar. 2021 hatte sich das Ergebnis auf 4,42 Dollar nahezu verdoppelt. Pfizer erhöhte seine Umsatzprognose für Comirnaty und rechnet nun mit einem Umsatz von 32 statt 29 Milliarden Dollar. 2021 lag er weltweit bei 36,78 Milliarden. Für Paxlovid wird mit einem Umsatz von 22 Milliarden Dollar (2021: 76 Millionen Dollar) gerechnet. Die Prognose konnte allerdings an der Börse nicht überzeugen, denn Analysten hatten für das neue Jahr noch mehr auf dem Zettel. Die Pfizer-Aktie verlor vorbörslich mehr als zwei Prozent.
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Dinajpur Latest News on Deadly Corona Virus
After the 2nd wave, the deadly coronavirus is once again here to impact the world. Indeed, the entire world has lost its way due to this pandemic. According to the Dinajpur Latest News, more than 3 million infections have been spotted in two days and more than 6,000 people have died in 24 hours.
More than 20 countries straddling four continents have stated record-breaking numbers of COVID-19 cases. The World Health Organization (WHO) has been already warned this.
Despite Bangladesh being one of the apparently resilient nations, it remains subdued as well. When it comes to Omicron strain, it rose to 10 and the daily tally of infections stayed above 500 for the third day.
Undoubtedly, it is one of the most shocking and devastating news of the year. For 3 years, this virus has been impacted the entire world so badly that cannot be overlooked. Although the year 2021 marked the recovery from the heavy blow led by the coronavirus pandemic, the fresh arrival of this virus in 2022 has shaken the country once again dramatically. And Bangladesh looks to further tighten its grip on COVID-19.
Although the number of coronavirus cases in Bangladesh had dwindled to fewer than 500 in a daily count, we cannot forget the overwhelming wave of infections spurred by the delta variant. Next could be worst. According to studies, the new Omicron virus is less severe than the delta. Bangladesh is using AstraZeneca, Pfizer, and Moderna vaccines in its inoculation drive.
According to some research, both Merck's and Pfizer's COVID-19 anti-viral pills are effective against the coronavirus strain. Some of the Bangladeshi companies presented Merck’s pill in November and generic versions of Pfizer’s treatment were launched. Also, the govt. has rolled out booster doses to better guard the elderly and the frontline workers in the fight against the virus. At the same time, the government wants to control the situation since the number of cases has somewhat increased over the past week.
Even though, Omicron is less severe and milder as well as the death rate is slow, there are many countries that have imposed restrictions to prevent healthcare systems from being overwhelmed. Also, people are concerned about it and choose to stay home.
In Bangladesh, the educational institutions will be closed for the next 2 weeks to avoid corona infection.
5 emergency instructions including school-college closure-
All educational institutions in Bangladesh will be closed From January 21 to February 5.
Universities will take similar measures in their respective fields.
All the state, social, political, religious gatherings, and ceremonies cannot be attended by more than 100 people. To join, people must have a Corona Ticker Certificate.
Employees of government and private offices and factories must obtain Corona Ticker Certificate.
Masks must be worn, be it in markets, mosques, bus stands, launch docks, railway stations.
You can also get more updates on Dinajpur Latest News online. Apart from that, you can get political, entertainment, sports, national, international news online. For more news, you can visit our website.
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How Pfizer made an effective anti-covid pill
How Pfizer made an effective anti-covid pill
In the early days of the pandemic, all eyes were on potential vaccines. In May 2020, the US announced Operation Warp Speed, a plan to spend billions on vaccine development. But mostly out of sight of the news media, quieter efforts to custom-design a covid-19 pill were moving forward with similar urgency and hope. Chemists… (more…)
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How Pfizer made an effective anti-covid pill
How Pfizer made an effective anti-covid pill
In a statement, the World Health Organization said it believes “prevention is better than cure” and that “these drugs will not be alternatives to vaccines.” The organization, based in Geneva, has yet to make a formal recommendation in favor of Paxlovid and says it wants to track whether side effects emerge. “It’s going to be very hard to use Paxlovid on a wide scale, because people are going to…
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Pfizer’s anti-COVID pill — used by Biden — is expected to rake in $23.2 billion, but confusion and weak demand could cause supply glut
Pfizer’s anti-COVID pill — used by Biden — is expected to rake in $23.2 billion, but confusion and weak demand could cause supply glut
Despite Paxlovid’s efficacy in reducing the risks for high-risk patients, uptake has been lower than expected. Read More Source link
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