Aspirin Market
Aspirin Market Size, Share & Trends Analysis Report by Route of Administration (Oral, Rectal, Parenteral), by Dosage Form (Tablets, Intravenous Injections, Capsules, and Others), by Applications (Pain, Deep vein Thrombosis, Fever, and Inflammation and Others), by Product Type (Alone, Combination Products), and by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), Forecast Period (2025-2035)
Aspirin market is anticipated to grow at a CAGR of 5.8% during the forecast period (2025-2035). Factors such as increasing demand for pain relief and cardiovascular disease prevention, and rising awareness about the health benefits of aspirin, are further propelling market expansion. Technological advancements in drug formulation are enhancing product efficacy and patient compliance. Additionally, the growing geriatric population and rising incidence of chronic diseases are key market drivers. Pharmaceutical companies increasingly invest in R&D to develop advanced and safer aspirin-based therapies. Aspirin plays an important role in reducing the risk of cancer, such as breast cancer, prostate cancer, lung cancer, and ovarian cancer. According to the National Poll on Healthy Aging, in March 2024, one in four adults aged 50–80 (25%) reported taking aspirin regularly (three or more days in a typical week). Among all older adults aged 50–80, 14% reported regularly using aspirin without a history of CVD. This was more common for men than women (18% vs. 12%) and adults aged 65–80 (18% vs. 12% of those ages 50–64).
Segmental Outlook
- Based on the route of administration, the market is segmented into oral, rectal, and parenteral.
- Based on the dosage form, the market is segmented into tablets, intravenous injections, capsules, and others (syrup).
- Based on the application, the market is segmented into pain, deep vein thrombosis, fever and inflammation, and others.
- Based on the product type, the market is segmented into alone and combination.
- Based on the distribution channel, the market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies.
The Retail Pharmacies Sub-Segment is Anticipated to Hold a Considerable Share of the Global Aspirin Market.
The global aspirin market is witnessing growth driven by the expanding network of retail pharmacies. Increased accessibility and availability of over-the-counter (OTC) medications have significantly boosted aspirin sales. Retail pharmacies provide consumers with convenient purchasing options, particularly in developing regions. The growing awareness of aspirin's therapeutic benefits for pain relief and cardiovascular health is further supporting demand. Additionally, strategic collaborations between pharmaceutical companies and retail chains are enhancing market penetration.
Global Aspirin Market Share By Route of Administration, 2024 (%)
Regional Outlook
The global aspirin market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Asia-Pacific region is anticipated to hold a prominent share of the market across the globe, owing to the high concentration of the market solution vendors including Nanjing Pharma Tech Ltd. Ltd., JQC (Huayin) Pharmaceutical Co., Ltd., Globela Pharma Pvt Ltd, Trumac Healthcare, Alta Laboratories Ltd, Zhenjiang Gaopeng Pharmaceutical Co., Ltd., and others.
North America is Expected to Grow at a Significant CAGR in the Global Aspirin Market
The North American market is the leading player in the aspirin market, owing to a high occurrence of cardiovascular diseases (CVDs) that has caused a rise in the utilization of aspirin as a preventive agent against heart attacks and strokes. Moreover, developments in drug formulations, such as Dr. Reddy's Laboratories Ltd.'s launch of ROZAT GOLD in July 2023, reflect the region's emphasis on enhancing cardiovascular care. The COVID-19 pandemic also added to aspirin's growing demand as research indicated its potential application in lowering the mortality rate of patients infected with the virus. Additionally, the availability of large drug firms, robust healthcare infrastructure, and growing consumer knowledge regarding the advantages of aspirin also contribute to the growth of the market. All these factors together make North America a major region to expand in the global aspirin market.
Market Players Outlook
The major companies serving the aspirin market include Bayer AG, Johnson & Johnson, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Dr. Reddy’s Laboratories Ltd, and others. These market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, and funding. And new product launches, to stay competitive in the market.
Recent Developments
- In November 2023, The Janssen Pharmaceutical Companies of Johnson & Johnson announced data from two new analyses from the Phase 3 VOYAGER PAD clinical trial, reinforcing the benefit of XARELTO (rivaroxaban [2.5 mg twice daily plus aspirin 100 mg once daily]) over the standard of care (aspirin alone). Data from the two analyses demonstrate the role of XARELTO in treating both high-risk and fragile patients and those with and without comorbid coronary artery disease (CAD).
- In June 2022, Bayer AG brand Alka-Seltzer, known for its effervescent antacids and painkillers, collaborated with the producer and musician T-Pain to introduce its newest product, NEW Alka-Seltzer hangover relief. The drug contains high-strength aspirin and caffeine, thus, advised to consume only two drops in a glass of water for quick relief.
The Report Covers
- Market value data analysis of 2025 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global aspirin market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Global Aspirin Market Sales Analysis – Route of Administration | Dosage Form | Application | Product type | Distribution Channel ($ Million)
1.2. Research Methodology
• Primary Research Approach
• Secondary Research Approach
1.3. Market Snapshot
2. Market Overview and Insights
2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Global Aspirin Market: Industry Trends
2.2.2. Market Recommendations
2.2.3. Conclusion
3. Market Determinants
3.1. Market Drivers
3.1.1. Drivers For Global Aspirin Market: Impact Analysis
3.2. Market Pain Points and Challenges
3.2.1. Restraints For Global Aspirin Market: Impact Analysis
3.3. Market Opportunities
4. Competitive Landscape
4.1. Competitive Dashboard –Global Aspirin Market Revenue by Manufacturers
4.2. Key Company Analysis
4.2.1. Overview
4.2.2. Product Portfolio
4.2.3. Financial Analysis (Subject to Data Availability)
4.2.4. SWOT Analysis
4.2.5. Business Strategy
4.3. Top Winning Strategies by Market Players
4.3.1. Merger and Acquisition
4.3.2. Product Launch
4.3.3. Partnership And Collaboration
5. Global Aspirin Market by Route of Administration ($ Million)
5.1. Oral
5.2. Rectal
5.3. Parenteral
5.4. Global Aspirin Market by Dosage Form ($ Million)
5.4.1. Tablets
5.4.2. Intravenous Injections
5.4.3. Capsules
5.4.4. Syrups
5.4.5. Others (Extended Release, Delayed Release, Chewable)
5.5. Global Aspirin Market by Application ($ Million)
5.5.1. Pain
5.5.2. Deep vein Thrombosis
5.5.3. Fever and Inflammation
5.5.4. Others
5.6. Global Aspirin Market by Product Type ($ Million)
5.6.1. Alone
5.6.2. Combination Products
5.7. Global Aspirin Market by Distribution Channel ($ Million)
5.7.1. Retail Pharmacies
5.7.2. Online pharmacies
6. Regional Analysis
6.1. North American Aspirin Market Sales –Route of Administration | Dosage Form | Application | Product type | Distribution Channel |Country ($ Million)
6.1.1. United States
6.1.2. Canada
6.2. European Aspirin Market Sales –Route of Administration | Dosage Form | Application | Product Type | Distribution Channel |Country ($ Million)
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Russia
6.2.7. Rest of Europe
6.3. Asia-Pacific Aspirin Market Sales Analysis –Route of Administration | Dosage Form | Application | Product Type | Distribution Channel | Country ($ Million)
6.3.1. China
6.3.2. Japan
6.3.3. South Korea
6.3.4. India
6.3.5. Australia & New Zealand
6.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And others)
6.3.7. Rest of Asia-Pacific
6.4. Rest of the Aspirin Market Sales –Route of Administration | Dosage Form | Application | Product Type | Distribution Channel |Country ($ Million)
6.4.1. Latin America
6.4.2. Middle East and Africa
7. Company Profiles
7.1. Alembic Pharmaceuticals Ltd.
7.2. Aurobindo Pharma Ltd.
7.3. Bayer AG
7.4. Boehringer Ingelheim GmbH
7.5. Cipla Ltd.
7.6. Dr. Reddy’s Laboratories Ltd.
7.7. Endo International plc
7.8. GlaxoSmithKline plc (GSK)
7.9. Hikma Pharmaceuticals PLC
7.10. Johnson & Johnson
7.11. Lupin Ltd.
7.12. Mylan N.V. (Viatris Inc.)
7.13. Novartis International AG
7.14. Pfizer Inc.
7.15. Sanofi S.A.
7.16. Strides Pharma Science Ltd.
7.17. Sun Pharmaceutical Industries Ltd.
7.18. Teva Pharmaceutical Industries Ltd.
7.19. Torrent Pharmaceuticals Ltd.
7.20. Zydus Lifesciences Ltd. (Cadila Healthcare Ltd.)
1. Global Aspirin Market Research And Analysis By Route Of Administration, 2024-2035 ($ Million)2024-2035 ($ Million)
2. Global Oral Aspirin Market Research And Analysis By Region, 2024-2035 ($ Million)
3. Global Rectal Aspirin Market Research And Analysis By Region, 2024-2035 ($ Million)
4. Global Parenteral Aspirin Market Research And Analysis By Region, 2024-2035 ($ Million)
5. Global Aspirin Market Research And Analysis By Dosage Form, 2024-2035 ($ Million)
6. Global Aspirin Tablets Market Research And Analysis By Region, 2024-2035 ($ Million)
7. Global Aspirin Intravenous Injections Market Research And Analysis By Region, 2024-2035 ($ Million)
8. Global Aspirin Capsules Market Research And Analysis By Region, 2024-2035 ($ Million)
9. Global Aspirin Other Forms Market Research And Analysis By Region, 2024-2035 ($ Million)
10. Global Aspirin Market Research And Analysis By Treatment, 2024-2035 ($ Million)
11. Global Aspirin For Pain Market Research And Analysis By Treatment, 2024-2035 ($ Million)
12. Global Aspirin For Deep Vein Thrombosis Market Research And Analysis By Region, 2024-2035 ($ Million)
13. Global Aspirin For Fever And Inflammation Market Research And Analysis By Region, 2024-2035 ($ Million)
14. Global Aspirin For Other Treatments Market Research And Analysis By Region, 2024-2035 ($ Million)
15. Global Aspirin Market Research And Analysis By Product Type, 2024-2035 ($ Million)
16. Global Aspirin Alone Market Research And Analysis By Region, 2024-2035 ($ Million)
17. Global Aspirin Combination Product Market Research And Analysis By Region, 2024-2035 ($ Million)
18. Global Aspirin Market Research And Analysis By Distribution Channel, 2024-2035 ($ Million)
19. Global Aspirin Via Hospitals Pharmacies Market Research And Analysis 2024-2035 ($ Million)
20. Global Aspirin Via Retail Pharmacies Market Research And Analysis 2024-2035 ($ Million)
21. Global Aspirin Via Online Pharmacies Market Research And Analysis 2024-2035 ($ Million)
22. Global Aspirin Market Research And Analysis By Region, 2024-2035 ($ Million)
23. North American Aspirin Market Research And Analysis By Country, 2024-2035 ($ Million)
24. North American Aspirin Market Research And Analysis By Route Of Administration, 2024-2035 ($ Million)
25. North American Aspirin Market Research And Analysis By Dosage Form, 2024-2035 ($ Million)
26. North American Aspirin Market Research And Analysis By Treatment, 2024-2035 ($ Million)
27. North American Aspirin Market Research And Analysis By Product Type, 2024-2035 ($ Million)
28. North American Aspirin Market Research And Analysis By Distribution Channel, 2024-2035 ($ Million)
29. European Aspirin Market Research And Analysis By Country, 2024-2035 ($ Million)
30. European Aspirin Market Research And Analysis By Route Of Administration, 2024-2035 ($ Million)
31. European Aspirin Market Research And Analysis By Dosage Form, 2024-2035 ($ Million)
32. European Aspirin Market Research And Analysis By Treatment, 2024-2035 ($ Million)
33. European Aspirin Market Research And Analysis By Product Type, 2024-2035 ($ Million)
34. European Aspirin Market Research And Analysis By Distribution Channel, 2024-2035 ($ Million)
35. Asia-Pacific Aspirin Market Research And Analysis By Country, 2024-2035 ($ Million)
36. Asia-Pacific Aspirin Market Research And Analysis By Route Of Administration, 2024-2035 ($ Million)
37. Asia-Pacific Aspirin Market Research And Analysis By Dosage Form, 2024-2035 ($ Million)
38. Asia-Pacific Aspirin Market Research And Analysis By Treatment, 2024-2035 ($ Million)
39. Asia-Pacific Aspirin Market Research And Analysis By Product Type, 2024-2035 ($ Million)
40. Asia-Pacific Aspirin Market Research And Analysis By Distribution Channel, 2024-2035 ($ Million)
41. Rest Of The World Aspirin Market Research And Analysis By Region, 2024-2035 ($ Million)
42. Rest Of The World Aspirin Market Research And Analysis By Route Of Administration, 2024-2035 ($ Million)
43. Rest Of The World Aspirin Market Research And Analysis By Dosage Form, 2024-2035 ($ Million)
44. Rest Of The World Aspirin Market Research And Analysis By Treatment, 2024-2035 ($ Million)
45. Rest Of The World Aspirin Market Research And Analysis By Product Type, 2024-2035 ($ Million)
46. Rest Of The World Aspirin Market Research And Analysis By Distribution Channel, 2024-2035 ($ Million)
1. Global Aspirin Market Share By Route Of Administration, 2024 Vs 2035 (%)
2. Global Oral Aspirin Market Share By Region, 2024 Vs 2035 (%)
3. Global Rectal Aspirin Market Share By Region, 2024 Vs 2035 (%)
4. Global Parenteral Aspirin Market Share By Region, 2024 Vs 2035 (%)
5. Global Aspirin Market Research And Analysis By Dosage Form, 2024 Vs 2035 (%)
6. Global Aspirin Tablets Market Research And Analysis By Region, 2024 Vs 2035 (%)
7. Global Aspirin Intravenous Injection Market Research And Analysis By Region, 2024 Vs 2035 (%)
8. Global Aspirin Capsules Market Research And Analysis By Region, 2024 Vs 2035 (%)
9. Global Aspirin Other Forms Market Research And Analysis By Region, 2024 Vs 2035 (%)
10. Global Aspirin Market Research And Analysis By Treatment, 2024 Vs 2035 (%)
11. Global Aspirin For Pain Market Research And Analysis By Region, 2024 Vs 2035 (%)
12. Global Aspirin For Deep Vein Thrombosis Market Research And Analysis By Region, 2024 Vs 2035 (%)
13. Global Aspirin For Fever And Inflammation Market Research And Analysis By Region, 2024 Vs 2035 (%)
14. Global Aspirin For Other Treatments Market Research And Analysis By Region, 2024 Vs 2035 (%)
15. Global Aspirin Market Research And Analysis By Product Type, 2024 Vs 2035 (%)
16. Global Aspirin Alone Market Research And Analysis By Region, 2024 Vs 2035 (%)
17. Global Aspirin Combination Product Market Research And Analysis By Region, 2024 Vs 2035 (%)
18. Global Aspirin Market Research And Analysis By Distribution Channel, 2024 Vs 2035 (%)
19. Global Aspirin Via Hospitals Pharmacies Market Research And Analysis 2024 Vs 2035 (%)
20. Global Aspirin Via Retail Pharmacies Market Research And Analysis 2024 Vs 2035 (%)
21. Global Aspirin Via Online Pharmacies Market Research And Analysis 2024 Vs 2035 (%)
22. Global Aspirin Market Research And Analysis By Region, 2024 Vs 2035 (%)
23. US Aspirin Market Size, 2024-2035 ($ Million)
24. Canada Aspirin Market Size, 2024-2035 ($ Million)
25. UK Aspirin Market Size, 2024-2035 ($ Million)
26. France Aspirin Market Size, 2024-2035 ($ Million)
27. Russia Aspirin Market Size, 2024-2035 ($ Million)
28. Germany Aspirin Market Size, 2024-2035 ($ Million)
29. Italy Aspirin Market Size, 2024-2035 ($ Million)
30. Spain Aspirin Market Size, 2024-2035 ($ Million)
31. Rest Of Europe Aspirin Market Size, 2024-2035 ($ Million)
32. India Aspirin Market Size, 2024-2035 ($ Million)
33. Australia And New Zealand Aspirin Market Size, 2024-2035 ($ Million)
34. ASEAN Countries Aspirin Market Size, 2024-2035 ($ Million)
35. China Aspirin Market Size, 2024-2035 ($ Million)
36. Japan Aspirin Market Size, 2024-2035 ($ Million)
37. South Korea Aspirin Market Size, 2024-2035 ($ Million)
38. Rest Of Asia-Pacific Aspirin Market Size, 2024-2035 ($ Million)
39. Rest Of The World Aspirin Market Size, 2024-2035 ($ Million)
FAQS
The size of the Aspirin market in 2024 is estimated to be around USD 2.94 billion.
North America holds the largest share in the Aspirin market.
Leading players in the Aspirin market include Bayer AG, Johnson & Johnson, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Dr. Reddy’s Laboratories Ltd, and others.
Aspirin market is expected to grow at a CAGR of 5.8% from 2025 to 2035.
Increasing cardiovascular cases and growing demand for pain relief and preventive healthcare drive the Aspirin market growth.