Diclofenac is a non-steroidal anti-inflammatory drug (NSAID) that is mainly employed to treat mild-to-moderate pain & reduces pain, inflammation, swelling, and stiffness. This drug is applicable for inflammatory disorders such as arthritis, rheumatoid arthritis, dermatomyositis, osteoarthritis, dental pain, spondylarthritis, and gout attacks.

The key players that operate in this market include Auro Laboratories Limited, Henan Dongtai Pharmaceutical Co., Bayer AG, Pfizer Inc., Hunan Warrant Pharmaceutical Co., Ltd, Novartis AG, XianShi Pharmaceutical Group, Merck & Co., Inc., Istituto Biochimico Italiano G. Lorenzini S.p.A., and Dezhou Deyao Pharmaceutical Co., Ltd.

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The major factors that contribute to the growth of the diclofenac market include increasing prevalence of autoimmune and respiratory conditions such as arthritis & dental pain, increasing adoption of anti-inflammatory drugs, growing awareness about anti-inflammatory therapeutics, development in R&D activities, and attractive government initiatives in emerging countries.

However, side effects of anti-inflammatory drugs and patent expiry issues of drugs may impede the market growth. High demand for better and novel anti-inflammatory therapeutics with lesser side effects & better efficacy are expected to provide numerous opportunities for market growth during the forecast period.

The diclofenac market is segmented on the basis of indication, route of administration, and region. According to indication, the market is divided into osteoarthritis, ankylosing spondylitis, dysmenorrhea, rheumatoid arthritis, migraine, pain, and others. On the basis of formulation, the market is segmented into oral and parenteral. Geographically, the market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

• The study provides an in-depth analysis of the global diclofenac market with current trends and future estimations to elucidate imminent investment pockets.
• The report provides information about the current and upcoming trends in the global diclofenac market from 2016 to 2023, which helps determine prevailing opportunities.
• Comprehensive analysis of factors that drive and restrict the growth of the global diclofenac market has been provided.
• Identification of factors that are instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global and regional scale have been provided.
• Key market players within the market have been profiled in this report and their strategies thoroughly analyzed, which help understand the competitive outlook of the global diclofenac market.

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Author's Bio: 

I am Srushti . My keen interest in reading and writing. I forayed into the field of writing due to my love for words and the urge to do something different. I have been a part of the content resource team here in Allied Market Research. We have a dedicated team for content development wherein, we coordinate with the Market Analysts and create a precise content. I am personally involved in writing content for user engagement. I owe a responsibility to make sure the content is rich and user-centric. Allied Market Research has given me the chance to gain knowledge about different subjects.