Analgesics is predicted to record a positive performance in Australia over the forecast period with overall demand remaining higher for both adult and paediatric products. Slowing volume growth is predicted in line with a stabilisation of demand overall depending on further spikes in COVID-19 or seasonal illnesses.
Whilst many Australians trust that certain analgesics will offer rapid relief from a wide range of symptoms and chronic pain issues, some are worried about the impact of long-term consumption on their health. These concerns are further supported by research studies on analgesics, including NSAIDs such as ibuprofen and naproxen, which are believed by some medical institutions to compound certain conditions, especially for consumers with a higher risk of heart problems.
An ageing population in Australia will ensure consistent demand for analgesics, particularly topical analgesics/anaesthetic, over the forecast period. Nevertheless, an Australian Institute of Health and Welfare report has found that one in five Australians over the age of 45 years is also living with persistent chronic pain, expanding the target audience of various analgesics.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Analgesics industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Analgesics
Analgesics cover systemic and topical pain relievers. Products which include a pain-relief ingredient in addition to another core function are excluded (e.g. a sore throat remedy which includes paracetamol is excluded from the analgesics and instead is included in pharyngeal remedies).
See All of Our DefinitionsThis report originates from Passport, our Analgesics research and analysis database.
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