Technology News

Pain Therapy Markets Show Significant Growth

Friday, December 14, 2012 5:01:00 AM PDT | VentureDeal

   Burlington, Massachusetts  --  The market for pain therapies will grow at an annual rate of 1.8% for the next 15 years, according to a report by Decision Resources.

The report, entitled Novel Approaches to Pain Therapy, found that 19% of the sales in the total pain market in 2026 will be as a result of two new pain therapies, tanezumab and fulranumab.

The report also found that opioid analgesics and NSAIDs will continue to be popular choices, accounting for a forecasted 45% of total sales over the next 15 year period.

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