The global market in pain medications logged $22 billion in sales in 2010, rising at a compound annual growth rate of 8.9 percent since 2005, according to a news release by Reportlinker.
This growth was dominated by five blockbuster pain drugs: OxyContin, Lyrica, Cymbalta, Celebrex and Lidoderm. The top five pain medication companies accounted for 76.1 percent of the global market and Pfizer was the market leader, with $6.4 billion in sales in 2010.
Chronic pain is the most studied indication for these medications, but there is strong interest in neuropathic pain and acute pain. More than 200 pain drugs are in clinical development.
Read the Reportlinker release on the global pain medication market.
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