The global opioids market was valued at $18,532.8 million in 2018 and is expected to reach $22,387.2 million by 2026, registering a CAGR of 3.2% from 2019 to 2026.
Opioids are drugs that stimulate the brain to produce a variety of effects, including pain relief. The term opioid refers to all substances (exogenous or endogenous) that possess morphine-like properties. Opioids are the most widely prescribed medications to treat moderate to severe chronic pain. These analgesics are used to manage pain in cancer patients and to treat severe constant pain in patients who suffer from terminal illnesses.
Top Companies Covered in this Report:
– Purdue Pharma, – Boehringer Ingelheim, – Janssen Pharmaceuticals, Inc., – Sanofi, – Sun Pharmaceuticals, – Mallinckrodt Pharmaceuticals, – Endo Pharmaceuticals Inc., – Allergan, Plc, – Pfizer, Inc.
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The growth of the global opioids market is driven by alarming increase in incidence of orthopedic diseases & chronic pain. Furthermore, rise in disposable income and surge in global geriatric population are expected to propel the growth of the global opioids market. However, emergence and legalization of cannabis as an alternative to opioids impede the growth of the market. On the contrary, increase in consumption of opioid analgesic for pain management in developing countries is anticipated to create lucrative opportunities for market expansion in the near future.
The global opioid market is segmented into product, application and region. Depending on product, the market is categorized into codeine, fentanyl, methadone, oxycodone, morphine and hydrocodone. The applications covered in the market include pain management, cough treatment and diarrhea treatment. The pain management segment is further classified into neuropathic pain, migraine, back pain, osteoarthritis pain, cancer pain and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
In-depth analysis of the Opioids market, which is segmented on the basis of products, end users and geographies are discussed in the report at a greater length
Quantitative analysis of the current market and estimations through 2013-2020, Thus helping Opioids systems manufacturers to analyze the market
Assessment and ranking of the factors affecting the global market and their impact on the Opioids market
Study on the bargaining power of buyers and suppliers in the market, based on porter’s five force analysis. Thus helping Opioids systems manufacturers to analyze the market
Analysis of trends in various geographic segments that would help the companies to plan their strategies depending on the region
SWOT and competitive analysis of the key players, which would help stakeholders to understand trends followed by their competitors and take actionable decisions.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Opioids Market Size
2.2 Opioids Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Opioids Market Size by Manufacturers
3.2 Opioids Key Players Head office and Area Served
3.3 Key Players Opioids Product/Solution/Service
3.4 Date of Enter into Opioids Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Opioids Sales by Product
4.2 Global Opioids Revenue by Product
4.3 Opioids Price by Product
5 Breakdown Data by End User
5.2 Global Opioids Breakdown Data by End User
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This post was originally published on Space Market Research