Key Market Indicators
The Spanish analgesic medicine market is on the rise. It is projected to reach $1.1 billion by 2026, up from $1 billion in 2021. This translates to a compound annual growth rate of 2.1%. Since 2009, the market has grown by an average of 5.9% each year. Germany overtook Spain in 2021, with a market size of $1 billion. Spain, Canada, and Italy ranked second, third, and fourth respectively.