Morphine Market Expected to Boost the Global Industry (2017-2023)

Morphine is an analgesic and narcotic drug obtained from opium for treatment of moderate to severe pain. As per the International Narcotics Control Board, 92 % of the worlds morphine is consumed by 17% of the worlds population, while the rest of the world population consumes around 8% of morphine.

The growth of the market for is driven by factors such as lifestyle changes that lead to pain and growth in number of surgical procedures as the drug is prescribed for pain relief post-surgery. However, the addictive nature of the drug restricts the growth of the global morphine market.

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The report segments the medical crutches market on the basis of type, application, and geography. Based on type, the market is segmented into oral tablets, injection, capsule, and others. By application, it is classified into anesthesia, cough suppressant, and diarrhea suppressant. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of the major market players such as Mallinckrodt Pharmaceuticals, Alcaliber SA, Purdue Pharma L.P, Sanofi Winthrop Industrie, Macfarlan Smith, Sun Pharmaceutical Industries Ltd., Qinghai Pharmaceutical Co. Ltd., Northeast Pharmaceutical Group Co., Ltd., and others are provided in this report.

Key Benefits:

• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global morphine market.
• In-depth analysis has been done in this report by constructing market estimations for the key market segments between 2017 and 2023.
• This study evaluating the competitive landscape and value chain has been taken into account to understand the competitive environment across the geographies.
• This report entails the detailed quantitative analysis of the current trends and future estimations for 2017 to 2023, which assists to identify the prevailing market opportunities.
• Comprehensive analysis of factors that drive and restrict the growth of the global morphine market is provided.
• Exhaustive analysis of the global morphine market by product helps to understand the types of morphine commercially available for the treatment of pain.

Morphine Market Key Segments:

By Type

• Oral Tablets
• Injection
• Capsule
• Others

By Application

• Anesthesia
• Cough Suppressant
• Diarrhea Suppressant

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