Market Highlights:
The forecasted CAGR of 7.12% of the opioids market Growth is expected to reach USD 29,535.80 million
Market Research Future (MRFR) studied the global opioids market 2020 across the review period from 2017 to 2027. The opioids market value can touch about USD 19,554.49 Mn by in 2027. COVID 19 assessment for the opioids market is offered with the report. The increase in need for narcotic pain medication as number of surgeries increase can favor the opioids market in the near future. The rise in number of people suffering from chronic pain daily can promote expansion of the market. The increase in use of opioids for disorders that cause chronic pains, such as arthritis, cancers, fibromyalgia, lower back pain, and favorable reimbursement policies can also boost the market. However, increase in cases of overdose of opioid can restrain the market rise in the forecast period
Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7626
Regional Analysis:
The opioids market in Americas can secure the largest share of the worldwide global opioids market in the study period.
The increase in the application of intravenous usage of opioids due to its fast action can promote the regional market rise in the near future. The growing awareness of IV application of opioids and its medical uses can drive the regional market in the near future. The market in Americas can accounted for the major share of the worldwide opioids market owing due rise in intravenous drug application.
In Europe, the opioids market can thrive owing to the rise in demand for palliative care facilities. The introduction of reformed regulations for prescribing opioids can promote the market in the region.
In Asia Pacific, the market is likely to be fast growing through the review period. Populace demographics and rise in availability of effective opioid medicines can favor the Asia Pacific opioids market in the analysis period.
In South Korea, the market can secure about 6% of the APAC opioids market by 2027. In the Middle East and Africa region, a steady rise for the market is likely due to increase in count of opioid manufacturers in the region.
Segment analysis:
The market, by application, can be segmented into pain relief, anesthesia, cough suppression, diarrhea suppression, and de-addiction. On the basis of end user, the global opioids market is segmented into hospitals & clinics, pharmacies, and academic research institutes.
The global opioids market, by product, has been segmented into extended-release/long-acting opioids and immediate-release/short-acting opioids. The extended-release opioid segment is further segmented into oxycodone, oxymorphone, morphine, hydromorphone, and others. The extended-release opioid segment accounted for a value of USD 12,750.91 million in 2017. The immediate-release opioid segment is further segmented into codeine, hydrocodone, fentanyl, morphine, and others.
Key Findings of the Study:
- The global opioids market is projected to reach USD 29,535.80 million by 2023 at a CAGR of 7.12% during the review period from 2018 to 2023
- Americas accounted for the largest share of the global market due to rising intravenous drug use in the region.
- The extended-release opioid segment accounted for the largest product segment revenue of USD 12,750.91 million in 2017.
- Some of the players operating in the opioids market are Egalet Corporation, Purdue Pharma L.P., and Vertice Pharma, among others.
This research report provides insights, on various levels of analysis such as industry analysis, market share analysis, leading market players, and their profiles. This report also helps in studying the target segments by providing views on emerging and high-growth segments and market conclusion. Together the market data comprises and discusses basic assessments on the competitive scenarios and strategies of the global opioids market, including the high-growth regions and their political, economic, and technological environments. Furthermore, the project report also provides views over historical market values as well as, pricing and cost analysis of the same.
Browse Detailed TOC with COVID-19 Impact Analysis at:
https://www.marketresearchfuture.com/reports/opioids-market-7626
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: [email protected]
Opioids Drug Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the opioids drug market include Acura Pharmaceuticals, Biodelivery Sciences International Inc., Cipher Pharmaceuticals Inc, Allergan, Collegium Pharmaceutical Inc., Daiichi Sankyo, Hikma Pharmaceuticals plc, Indivior Inc., Janssen Pharmaceuticals Inc., and Johnson Johnson.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Opioids Drug Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/opioids-drug-market/download-sampleMarket DynamicsThe rising prevalence of chronic diseases that cause chronic pain, such as cancer pain, lower back pain, and arthritis, is the primary market driver for the growth of the opioids drug market.
Furthermore, an increase in disposable income and a surge in the geriatric population are some of the factors that will boost the market growth.
However, the legalization of cannabis as an alternative to opioids may hamper the market growth of opioids.
This report on the Global Opioids Market provides a global 360-degree perspective of the industry while taking into consideration historical data as well as providing accurate estimations of the future scope of the market.
It highlights key factors impacting the market growth and also contains an entire section describing the segmentation of the market on the basis of several factors such as types, applications at a high level and also points out the segments leading the market.
This makes it easier for the stakeholders of the report to utilize this information and incorporate changes in their business policies and be well informed about the market dynamics.
It also provides an insight into the competitive landscape of the market highlighting key competitors, major manufacturers dominating the Opioids Market, while also providing an analysis of the market share and revenue generation figures.Ask for report free sample with complete TOC and list of tables/figures @ https://www.datalibraryresearch.com/sample-request/opioids-market-2195Global Opioids Market Competitive Analysis:Purdue Pharma L.PWest-Ward Pharmaceuticals CorporationJanssen Pharmaceuticals, Inc.West-Ward Pharmaceuticals CorporationSanofi-Aventis S.A.Pfizer, Inc.ALLERGAN (Actavis)Sun Pharmaceutical Industries LimitedGrunenthal GmbhDrivers & ConstraintsThe report largely stresses on the importance of market dynamics in understanding the Opioids Market industry.
Sales revenues, population, production rates, consumption rates, existence of key manufacturers in regions are all points that have been touched base upon in the report providing an overall comparison of each of the regions covered in the report.
Additionally, the report also calls out regions that have showed maximum growth in the past as well as regions that emerged as leaders of the market in historic years.
