The global Naproxen market volume was nearly 15 thousand tonnes in 2023 and is anticipated to grow at a CAGR of 5.5% during the forecast period until 2034.
Naproxen belongs to a class of medications known as nonsteroidal anti-inflammatory drugs (NSAIDs), which function by inhibiting the body's production of prostaglandins, substances responsible for pain, fever, and inflammation Naproxen is employed in the management of conditions such as rheumatoid arthritis, osteoarthritis, ankylosing spondylitis, polyarticular juvenile idiopathic arthritis, tendinitis, bursitis, acute gout, primary dysmenorrhea, as well as mild to moderate pain. Naproxen serves as a versatile medication used to alleviate a spectrum of painful conditions and inflammation. It is prescribed to mitigate pain, tenderness, swelling, and stiffness associated with various forms of arthritis, including osteoarthritis, rheumatoid arthritis, juvenile arthritis, and ankylosing spondylitis. Additionally, prescription forms of naproxen, including tablets, extended-release tablets, and suspension, are utilized to relieve shoulder pain resulting from conditions such as bursitis, tendinitis, and gouty arthritis.
The Naproxen market is driven by several significant factors that collectively contribute to its growth and demand. Firstly, Naproxen, a nonsteroidal anti-inflammatory drug (NSAID), is widely used to alleviate pain, inflammation, and stiffness associated with conditions like arthritis, menstrual cramps, and other musculoskeletal disorders. The increasing prevalence of these conditions, coupled with the aging population globally, drives the demand for Naproxen medications. Additionally, the rising awareness among healthcare professionals and patients regarding the efficacy and safety profile of Naproxen further boosts its market growth. Moreover, the growing incidence of sports injuries and chronic pain conditions, coupled with the trend towards self-medication and over-the-counter availability of Naproxen, contributes to its expanding market. Furthermore, the pharmaceutical industry's continuous efforts to develop innovative formulations and delivery systems for Naproxen, such as extended-release tablets and topical formulations, enhance its market penetration and address diverse patient needs. The global Naproxen market is likely to reach approximately 28 thousand tonnes in 2034.
Regionally, North America stands out as a prominent consumer of Naproxen due to several factors. The region's relatively high prevalence of chronic pain conditions, such as arthritis and lower back pain, drives significant demand for pain management medications like Naproxen. Additionally, North America benefits from a well-established healthcare infrastructure and widespread access to pharmaceutical products, facilitating the availability and utilization of Naproxen across various healthcare settings. Furthermore, the region's robust pharmaceutical industry ensures the production of high-quality Naproxen formulations, contributing to its popularity among healthcare professionals and patients alike. Moreover, consumer awareness and acceptance of Naproxen's efficacy and safety profile further enhance its consumption in North America.
Based on end-use applications, the global Naproxen market is segmented into Pain Relief, Inflammation Reduction, Fever Reduction, and Others. Naproxen is frequently employed to lower acute pain cause by diverse conditions such as headaches, including migraines, toothaches, muscle aches, back pain, menstrual cramps, as well as post-surgery or injury-related pain. Its widespread use underscores its effectiveness in managing acute pain.
Major players in the Global Naproxen market are Kirsch Pharma GmbH, Tianxin Pharmaceutical, Nhwa Pharmaceutical, Teva, Huazhong Pharma, Taj Pharmaceuticals Limited, Aurobindo,Charioteer Pharmaceutical, Divis Laboratories, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Naproxen which covers production, demand and supply of Naproxen market in the globe.
• To analyse and forecast the market size of Naproxen
• To classify and forecast Global Naproxen market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Naproxen market in the globe.
To extract data for Global Naproxen market, primary research surveys were conducted with Naproxen manufacturers, suppliers, distributors, wholesalers and traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Naproxen market over the coming years.
ChemAnalyst calculated Naproxen demand across the globe by analyzing the volume of Naproxen consumed by the End-Use Applications and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Naproxen manufacturers and other stakeholders
• Organizations, forums and alliances related to Naproxen distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Naproxen manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Naproxen market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
15 thousand tonnes
Market size Volume in 2034
28 thousand tonnes
Growth Rate
CAGR of 5.5% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by Type, Demand by End-Use Application, Demand by Region, 9. Demand by Distribution Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use Application: (Pain Relief, Inflammation Reduction, Fever Reduction, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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What was the net market size of Naproxen in terms of volume in 2023?
Ans:
The global market size of Naproxen has reached approximately 15 thousand tonnes in 2023.
Q2.
Which region is one of the prominent consumers of Naproxen?
Ans:
North America is one of the prominent consumers of Naproxen globally.
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