The global Opioids Market is estimated to be valued at US$ 42,429 Mn in 2021, and is expected to exhibit a CAGR of 3.2% over the forecast period (2021-2028). For instance, a branded opioid product Onsolis was acquired by Adalvo in August 2022. This opioid is used for managing chronic pain in cancer. This acquisition will strengthen their opioid product portfolio and also provide growth opportunities.
Opioids are meditations used to treat severe pain, such as chronic migraines and back pain, by people recovering from surgery or dealing with severe pain caused by cancer, and by people who have been seriously injured in falls, car accidents, or other accidents, as well as by adults and children injured playing sports. Opioids are considered drugs. Doctors may prescribe a number of opioids in a range of strengths and delivery ways depending on the specific patient, the situation, and the type and severity of pain. Opioids are the most commonly prescribed medicines for treating moderate to severe chronic pain. These analgesics are used to treat severe chronic pain in people with terminal illnesses, as well as to manage pain in cancer patients.
The Opioids Market is predicted to expand rapidly throughout the forecast period due to increased demand for the best pain, cough, and diarrhoea treatments. Furthermore, as more individuals have surgical operations, opioid sales are increasing globally since they assist patients in managing post-operative pain, hastening recovery, and lowering their risk of complications such as pneumonia and blood clots. Also, more severe injury events have occurred as a result of children participating in professional sports and physical activities. This, combined with parents' rising concern about their children's physical wellbeing, is driving up demand for opioids to manage severe pain. The severe nature of government laws, on the other hand, is changing the preference towards alternate medications and avoiding hazardous opioids.
Major players operating in the global Opioids Market are Grünenthal, Purdue Pharma L.P., Sun Pharmaceutical Industries Ltd, Hikma Pharmaceuticals PLC, Sanofi, Hikma Pharmaceuticals PLC, AbbVie Inc., and Pfizer, Inc.
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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.
