Market Conditions
Aspirin is used for a wide range of pain management and other purposes from headaches to strokes
- Aspirin is still the mostly widely used drug in the world - approximately 35,000 metric tons are produced and consumed annually, enough to make over 100 billion standard aspirin tablets every year, and its use is still growing. (Source: http://www.aspirin-foundation.com).
- Cardiovascular disease is the leading cause of death worldwide, accounting for approximately one-third of all deaths. Aspirin is routinely recommended by physicians to prevent heart attack and for immediate treatment when it occurs. As a result, a frequent use of aspirin is prevention of heart disease.
- The pain and swelling associated with arthritis impacts juveniles, baby boomers, and senior citizens alike. It is estimated that the prescription market for arthritis exceeds $9.5 billion worldwide and the total arthritis medication market worldwide exceeds $20 billion.
