Opioids Drugs Market
Opioids Drugs Market Global Industry Assessment & Forecast
#
Pages:
142
2021
Nov - 2021
VMR-2021-0205
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
Research Methodology: Opioids Drugs Market - Global Market Assessment, 2021 - 2028
The global Opioids Drugs market research study is based on a comprehensive research methodology that involves 3 major activities: Secondary Research, Primary Research, and Data Triangulation. Secondary resources are utilized to gain insights on the market and later primary research is conducted to revalidate the information and conclusion derived from the secondary research. Moreover, the information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies.
Secondary Research
Primary Research:
The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Opioids Drugs supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Opioids Drugs market size at regional and country level
- Key industry players and their market share and Opioids Drugs market-specific sales/revenue
- Understanding of the Opioids Drugs supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Opioids Drugs market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Opioids Drugs market.
FAQ
Frequently Asked Question
What is the global demand for Opioids Drugs in terms of revenue?
-
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?
-
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?
-
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?
-
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?
-
North America was the leading regional segment of the Opioids Drugs in 2020.
