Introduction: what is ibuprofen?
Ibuprofen is a medication in the nonsteroidal anti-inflammatory drug (NSAID) class that is used for treating pain, fever, and inflammation. Ibuprofen is available over-the-counter (OTC) and by prescription. Common brand names include Advil and Motrin. Ibuprofen works by inhibiting the production of prostaglandins, substances that play a role in pain and inflammation. Ibuprofen was first marketed in 1969 under the brand name Brufen. It was developed by Stewart Adams and John Nicholson at Boots UK. The drug was originally meant to be used as an alternative to aspirin, which has similar effects but can also cause gastric bleeding. In 1974, ibuprofen became available OTC in the United Kingdom; it was approved for OTC use in the United States in 1984.
The Global Ibuprofen Market is projected to be USD 7.38 bn in 2021, reaching USD 10.4 bn by 2031 at a CAGR of 3.6%.
The ibuprofen market is anticipated to grow in the forecast period owing to the rising health consciousness among consumers and the growing demand for pain relief medication. Ibuprofen is a non-steroidal anti-inflammatory drug (NSAID) that is used for the treatment of pain, fever, and inflammation. It is available over-the-counter and is also prescribed by doctors for various conditions.
The rising health consciousness among consumers is one of the major factors driving the growth of the ibuprofen market. Consumers are increasingly becoming aware of the side effects of painkillers such as addiction and liver damage.
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Global Ibuprofen Market Segmentation Based on Type, Form, Indication, Distribution Channel, and Region
Based on Type
- Rx (Medical Prescription)
- OTC (Over-The-Counter)
Based on Form
- Tablets
- Capsules
- Suspension
Based on Indication
- Inflammatory Disease
- Rheumatoid Arthritis
- Pain/Fever/Dysmenorrhea
- Other Indications
Based on Distribution Channel
- Hospital Pharmacies
- Retailer Pharmacies
- Online Pharmacies
Based on Key Players:
- Novartis AG
- Pfizer Inc.
- Abbott Laboratories
- Gilead Sciences Inc.
- Merck KGaA
- Astellas Pharma Inc.
- Glenmark Pharmaceuticals Ltd.
- NATCO Pharma Ltd.
- Basilea Pharmaceutical AG
- Leadiant Biosciences Inc.
- others
Based on Region
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
Europe (Germany, Italy, France, United Kingdom, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA)
Benefits:
– The potential for industry-wide sustainability
– Improved market investment structure
– Greater opportunities
– Major current trends and predicted trends
– Trade publications and magazines, Government authorities, associations and organizations Audience
The key questions answered in this report:
Q1. Which industry is projected to increase the demand for Ibuprofen Market?
Q2. What segments are covered in Ibuprofen Market report?
Q3. How can I get report sample of Ibuprofen Market?
Q4. What are the most established players of the global Ibuprofen Market?
Q5. What will be the market value of Ibuprofen in the forecast period 2022 to 2031?
Q6. How can I get statistical data of top market players of Ibuprofen Market?
Q7. What is the Main Driver of Ibuprofen Market?
Q8. Which applications are expected to drive the adoption of Ibuprofen ?
Q9. What are the key factors boosting the Ibuprofen market growth?
Q10. How will the COVID-19 pandemic impact the Ibuprofen market in 2022?