Segmentation by type dissects the market into distinct pharmaceutical formats that address varied clinical pathways and patient preferences. Immediate‑release tablets dominate the segment, offering rapid onset and ease of dosing for acute pain and cough indications; they represent the bulk of prescription volume. Extended‑release tablets serve chronic pain management, delivering steadier plasma concentrations and reducing dosing frequency, thereby capturing a growing niche among long‑term users. Liquid formulations, including syrups and elixirs, are essential for pediatric and geriatric patients who cannot swallow solids, and they also dominate the antitussive sub‑market. Combination products—codeine paired with acetaminophen, ibuprofen, or aspirin—enhance analgesic potency while allowing lower codeine dosages, expanding market reach across both acute and chronic indications. Parenteral preparations, though limited, are employed in hospital settings for severe pain where oral administration is contraindicated. Each type contributes uniquely to total market valuation by aligning with specific therapeutic protocols, regulatory classifications, and distribution channels.