Global opioids market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market is growing at a healthy CAGR in the above-mentioned research forecast period. Emerging markets and huge investment in research and development are the factors responsible for the growth of this market.
The factors influenced the growth of opioids market are rise in cases of cancer as opioids are mostly prescribe for the management of cancer pain and presence of number of approved opioids drugs. In addition, increase research and development activities and favourable government policies are considered positive indicator for growth of opioids. It is assumed that market for opioids is majorly hamper by discontinuation of drugs coupled with stringent regulation procedure.
Opioids are also termed as pain-relieving drugs are the class of psychoactive drugs that acts on opioid receptors present on nerve cells in the brain, spinal cord and other parts of the body to relieve from pain.
Global Opioids Market Scope and Market Size
Opioids market is segmented on the basis of drug class, application, end-users and distribution channel.
Based on drug class, the opioids market is segmented into short-acting opioid and long-acting opioid.
On the basis of distribution channel, the opioids market has been bifurcated into hospital pharmacy, online pharmacy and retail pharmacy.
Global Opioids Market Country Level Analysis
Global opioids market is analyzed and market size information is provided by country, drug class, application, end-users and distribution channel as referenced above.
The countries covered in the opioids market report is U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America. Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe. China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific. Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.
Competitive Landscape and Global Opioids Market Share Analysis
Opioids market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to opioids market.
The major players covered in the opioids market are Allergan, Endo Pharmaceuticals Inc, Mallinckrodt, Sun Pharmaceutical Industries Ltd, Sanofi, Boehringer Ingelheim International GmbH, AstraZeneca, GlaxoSmithKline plc,, Novartis AG, Pfizer Inc, Kamada Pharmaceuticals, Zyla Life Sciences,Teva Pharmaceutical Industries Ltd, Johnson & Johnson Services, Inc and others.