Naltrexone HCL Market : Teva Pharmaceutical Industries Ltd., Ascent Scientific Ltd., Adooq Bioscience LLC, Mallinckrodt Pharmaceuticals and Others are Top Key Players 2023

The opioid antagonist Ntrexson HCL is a synthetic homolog of oxymorphone without an opioid agonist. It reversibly reduces or completely blocks the subjective effects of intravenous opioids. This medication is usually given orally to treat alcohol dependence. Naltrexone HCL is needed in the context of increased alcohol dependence as alcohol consumption worldwide increases.

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The market is predominantly alcohol-dependent worldwide. According to the National Drug Use and Health (NSDUH) survey in 2015, 7% of the population was involved in drinking. The high prevalence of alcohol dependence is expected to drive the market during the forecast period. However, drug side effects such as nausea can limit the growth of the Nexrexone HCL market.

Reporting divides markets based on type, application and geography. Depending on the type of market, the market is classified as medical grade and other categories. The market by application is classified as opioid independence, alcohol independence and others. North America, Europe, Asia Pacific and LAMEA conducted geographic analysis and in-depth analysis of each of the aforementioned sectors.

Comprehensive competitive analysis and profiles of major market players such as Teva Pharmaceutical Industries Ltd., Ascent Scientific Ltd., Adooq Bioscience LLC, Mallinckrodt Pharmaceuticals, and Sun Pharmaceutical Industries Limited, and others have been provided in this report.

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Key Benefits

• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global naltrexone HCL market.
• In-depth analysis has been done in this report by constructing market estimations for key market segments between 2017 and 2023.
• This study that evaluates the competitive landscape and value chain has been taken into account to understand the competitive environment across geographies.
• This report entails a detailed quantitative analysis of the current trends and future estimations for 2017 to 2023, which help identify prevailing market opportunities.
• Comprehensive analysis of factors that drive and restrict the growth of the global naltrexone HCL market has been provided.
• Exhaustive analysis of the global naltrexone HCL market by type helps understand the use of the drug to treat alcohol dependency.
• An in-depth analysis of current research and clinical developments is provided with key market dynamic factors that help understand the behavior of the market.
• Key market players have been profiled in this report and their strategies thoroughly analyzed, which help understand the competitive outlook of the market

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