Opioids Drugs Market
Opioids Drugs Market Global Industry Assessment & Forecast
Segments Covered
- By Product Codeine, Fentanyl, Methadone, Oxycodone, Morphine, Hydrocodone, Others
- By Application Pain Management, Cough Treatment, Diarrhea
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 18.96 Billion |
Revenue 2028: | 23.65 Billion |
Revenue CAGR (2021 - 2028): | 2.96 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application, and region. The report will cover market estimations and forecast for each segment by region for the years 20156–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Codeine, Fentanyl, Methadone, Oxycodone, Morphine, Hydrocodone, Others. oxycodone held the largest share in 2020 and is projected to witness substantial growth during the forecast period.
Based
on Application, the market is divided into Pain Management, Cough Treatment, Diarrhea. pain management
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Opioids Drugs Market: Product Segment Analysis
-
- Codeine
- Fentanyl
- Methadone
- Oxycodone
- Morphine
- Hydrocodone
- Others
Global Opioids Drugs Market: Application Segment Analysis
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- Pain Management
- Cough Treatment
- Diarrhea
FAQ
Frequently Asked Question
What is the global demand for Opioids Drugs in terms of revenue?
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The global Opioids Drugs valued at 18.96 Billion in 2020 and is expected to reach 23.65 Billion in 2028 growing at a CAGR of 2.96%.
Which are the prominent players in the market?
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The prominent players in the market are Allergan, Orexo Pharmaceuticals, Purdue Pharma, Pfizer, AbbVie, Teva pharmaceuticals, Johnson & Johnson, Endo Pharmaceuticals, Sanofi-aventis US LLC, Hospira..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 2.96% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Opioids Drugs include
- Opioids minimize the depth of pain and are usually secure when taken as recommended by the healthcare specialists for smaller duration.
- Opioids are generally used to cure pain related with cancer, rheumatic diseases, or sleep disorders, anxiety, and severe pain with respect to diarrhea & coughing. Since opioids efficiently alleviates chronic pain, and addiction in the individuals.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Opioids Drugs in 2020.