According to a new report published by Allied Market Research, titled, “Opioids Market,” The Opioids Market size was valued at $4.4 billion in 2020 and is estimated to reach $6.1 billion by 2030, growing at a CAGR of 3.2% from 2021 to 2030.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
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Key Findings of the Study –
- By product type, the Methadone segment is expected to experience rapid growth in the market and is projected to grow at a CAGR of 3.0% from 2021 to 2030
- By application, the pain management segment is projected to grow at a CAGR of 2.9% during the forecast period.
- Region-wise, Asia-Pacific is expected to experience a growth at the highest rate, registering a CAGR of 3.5% during the forecast period.
By product type, the oxycodone segment is the highest revenue earner in 2020 and is expected to continue this trend during the forecast period, due to the increase in opioid consumption across the globe. for pain management. On the other hand, the demand for fentanyl is expected to show the fastest market growth during the forecast period, due to the increasing use of fentanyl for the treatment of severe pain after surgery.
By application, the pain management segment holds the largest share of the opioid market and is expected to remain dominant during the forecast period. It is expected that this segment will show great progress, due to the rapid increase in the number of patients suffering from chronic headaches, migraines and back pain across the world, which has led to more need for opioids across the world, thus increasing progress. of the market.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/purchase-enquiry/3556
The opioids market is segmented based on product type, application and region. By product type, the market is segmented into codeine, fentanyl, oxycodone, methadone, morphine, hydrocodone, and others. Based on application, the market is segmented into pain management, cough treatment, and diarrhea treatment. Pain management is also divided into neuropathic pain, migraine, back pain, osteoarthritis pain, and cancer pain. By region, it is analyzed across North America, Europe, Asia-Pacific and LAMEA
Key Market Players –
Major key players that operate in the industry are Purdue Pharma, Boehringer Ingelheim, Janssen Pharmaceuticals, Inc., Sanofi, Sun Pharmaceuticals, Mallinckrodt Pharmaceuticals, Endo Pharmaceuticals Inc., Teva Pharmaceuticals, Pfizer, Inc
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
♦ 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/checkout-final/839c877e1c8e031c2f893bc3a0854212
Frequently Asked Questions?
Q1. What is the total market value of global Opioids Market?
Q2. Which market holds the maximum market share of the global Opioids Market?
Q3. What will be global Opioids Market growth in 2030?
Q4. What are the key trends in the global Opioids Market?
Q5. What are the key growth strategies of global Opioids Market players?
Q6. How the company profile has been selected?
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