Tapentadol Market Outlook - 2027
Tapentadol is a dual mode analgesic that performs both the actions of being a norepinephrine reuptake inhibitor as well as a mu-opioid receptor antagonist. Its analgesic properties come into effect within few minutes of oral administration. Tapentadol is utilized for the treatment of moderate to severe pain for chronic and acute musculoskeletal pain. It is often used to ease pain, which cannot be managed with other types of analgesics and for controlling the pain of diabetic neuropathy when round-the-clock analgesics are required.
COVID-19 scenario analysis
The global tapentadol market has been severely affected by the outbreak of the COVID-19 pandemic all over the world.
- The disruption in supply chain due to the restrictions on transportation has led to several challenges faced by the manufacturers of tapentadol for procuring the raw materials, which led to lowering of production rate, thereby affecting the global market.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis:
Surge in prevalence of chronic disorders, such as chronic musculoskeletal pain, is a key factor fueling the demand for taentadol across the globe. Tapentadol is further used for the treatment of moderate to severe acute pain. The potency of this treatment lies somewhere between that of morphine and tramadol. Despite the lower occurrence of side effects, its analgesics efficacy is comparable to that of oxycodone. In addition, alarming rise in number of patients suffering from diabetes significantly contributes toward the growth of the global tapentadol market.
Surge in demand for analgesics is expected to increase the overall demand for tapentadol. In addition, rise in need for over-the-counter painkillers is expected to boost the demand for tapentadol, thereby driving the growth of the global tapentadol market.
However, tapentadol is known to have adverse side effects. It may impair cognitive and physical abilities and should not be used when operating heavy machinery, especially during initial treatment. Dizziness, nausea, constipation, and central nervous system sedation are common side effects of tapentadol. Consumption of tapentadol further increases the risk of seizure and should be administered to epileptic patients with extreme cautious. Moreover, it is not recommended for treatment of women during or immediately before labor and delivery. In addition to such adverse effects, stringent government regulations for its controlled use and availability of substitutes hamper the growth of the global tapentadol market.
The North America region accounts for the largest share of the tapentadol market, owing to high demand in countries such as the U.S. and Canada. The market in the Asia-Pacific region is expected to grow steadily with high demand and presence of several manufacturers of pharmaceutical products in the nations such as India and China.
Key benefits of the report
- This study presents the analytical depiction of the global tapentadol industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global tapentadol market share.
- The current market is quantitatively analyzed to highlight the global tapentadol market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global tapentadol market research report:
- Which are the leading market players active in the global tapentadol market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Tapentadol Market Report Highlights
Aspects | Details |
By Type |
|
By Application |
|
By Industry Vertical |
|
By Region |
|
Key Market Players | IPCA Laboratories Ltd., Johnson & Johnson Pharmaceutical Research & Development, Ranbaxy Laboratories Ltd., Cadila Pharmaceuticals Ltd., Lupin Laboratories Ltd., and Aristo Pharmaceuticals Pvt. Ltd., |
Other Key Market Players | Suzhou Shang Enda Biotechnology Ltd, Hangzhou Qichuang Chemical Co.,Ltd, Shandong Chuangxin Pharmaceutical |
Loading Table Of Content...