16 Mar
2016
Anti-inflammatory therapeutics is growing popularity as it plays a vital role in relieving pain and inflammation owing to the growing healthcare expenditure and rising disposable income. In addition, increasing popularity of biologics and better healthcare access are factors that supplement popularity. Particularly, growing number of autoimmune & respiratory diseases, development of new drugs, and increasing usage of OTC NSAIDs are the factors responsible for growth in the Asia-Pacific anti-inflammatory therapeutics market.
A national survey conducted by The Substance Abuse and Mental Health Services Administration in 2012 on drug use and health projected that more than 2 million people in the United States suffered from substance abuse after they were prescribed opioid pain relievers such as Oxycodone and Vicodin. Dr. Robert Bonakdar, director of pain management at Scripps Center for Integrative Medicine in La Jolla, California, mentioned that he noticed two or three times more referrals of patients seeking integrative therapies. He used many non-pharmaceutical options for treatments, such as electrotherapy, tai chi, and mindfulness/meditation. He also tried diet and supplemental therapies such as the anti-inflammatory herbals ginger, curcumin, and boswellia.
Commenting the effects of using non-pharmaceutical options, he said, "What they provide is that they may be a better fit for a patient than maybe a monotherapy prescription. For example, ginger may help that migraine patient with stomach symptoms and nausea. There is also some evidence that ginger may heal some of the gastritis that can come from increasing use of NSAIDS, which can happen as headaches worsen.” Bonadkar also mentioned that evidence shows that conditions, such as osteoarthritis have a metabolic component including people who have normal weight. He spent a lot of time trying to spread awareness by interaction with patients about the significance of a low glycemic, anti-inflammatory diet with an increase in fresh foods.
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Aratana Therapeutics, a therapeutics provider for veterinaries and pets, based in U.S., has received Food & Drug Administration (FDA) approval for Galliprant (grapiprant tablets). It’s an anti-inflammatory therapeutic used for the reducing pain and inflammation associated with osteoarthritis in dogs. Galliprant blocks PGE2-elicited pain and inflammation, is a prostaglandin E2 (PGE2) EP4 receptor antagonist (PRA), inhibitor of a non-cyclooxygenase, nonsteroidal anti-inflammatory drug.
"As the first approved product in the new piprant class, Galliprant offers veterinarians a needed therapeutic option for the millions of dogs treated each year for osteoarthritis," said Steven St. Peter, MD, president and CEO of Aratana, in the release. "Clinical studies have shown Galliprant offers proven efficacy when compared to placebo and is well-tolerated in dogs."
Analysts studying the anti-inflammatory therapeutics industry have provided a thorough information about changing market dynamics in research reports. Allied Market Research has published a report titled, “Asia-Pacific Anti-inflammatory Therapeutics Market- Opportunities and Forecasts, 2014 - 2020” As per the report, the Asia-Pacific anti-inflammatory therapeutics market is expected to register a CAGR of 8.6% from 2015 to 2020. The report offers an extensive analysis of drivers & opportunities, detailed segmentation, and key manufacturers. Furthermore, the study offers competitive scenario, Porter’s five forces analysis, SWOT analysis of key manufacturers, and value chain analysis.
Akhilesh Prabhugaonkar
Author's Bio- Akhilesh Prabhugaonkar holds a bachelors degree in Electronics Engineering from the reputed Vishwakarma Institute of Technology. He has a special interest in the fields of forensics, world history, international relations and foreign policy, sports, agriculture, astronomy, security, and oceanography. An ardent bibliophile and melophile, Akhilesh loves to write on topics of his interest and various other societal issues. This love for writing made him enter the professional world of content writing and pursue his career in this direction.
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