openPR Logo
Press release

Opioid Market Prime Economies Expected to Deliver Major Growth until 2021

Prescription opioids are posing a huge threat for pharmaceutical giants in the world as subjects consuming opioid drugs are becoming highly addictive to them, which is incidentally causing deaths. Production of synthetic opioid drugs has been tainted by reports that regard it to be an ill-fated burden on consumers as well as manufacturing companies. Overdose of opioids has resulted in occurrence of malignant disorders in the user’s body, most of which have resulted into fatalities. The demand for opioids, on the contrary, is likely to be on an all-time high, owing to a significant rise in incidences of cancer and other fatal disorders. As most of us know, the legitimate use of opioids is its performance as a narcotic pain relief medication in treatments for cancer, surgical pain and post-surgery trauma.

Browse Sample of Full report @ https://www.researchsolutioninsights.com/report/sample/230439-Opioid-Market

Consumption of opioids is largely reliant on its extensive use as an end-stage medication for treating cancer. While the analgesic nature of such drugs relives the patient from cancer pain, it incidentally suppresses sensation for the subject and results into organ failures. Off lately, the consumption of opioid drugs was highly criticized and condemned after reports of a prominent opioid medication, called Fentanyl, became the reason causing death of the patient for administration. Ergo, emergence of such news impaired the business progression of its North American pharmaceutical company, Insys Therapeutics, Inc. A comparatively high growth in opioid addiction in the US has further pressurized the FDA for abolishing the production of opioid drugs, in spite of being highly-crucial for cancer treatment.

The impact of such incidences on the global opioids market is likely to be a deterrent one. Prescribing opioids continues to be majorly profitable for pharmacies, but the aftermath of its dosage is curbing their use in hospitals and specialty healthcare facilities. Research Report Insights (RRI) has compiled a report, titled “Opioids Market by 2021” that valued the global opioids market at an estimated US$ 33 billion in 2014. Key market insights and research findings assessed in the report project that the market will garner US$ 42,158 million in revenues by the end of 2021.

Give me Hefty discount @ https://www.researchsolutioninsights.com/report/discount/230439-Opioid-Market

Fragmenting this growth of global opioids market, the report includes classification on the basis of products (drug types) and applications. The use of opioids in production of morphine and codeine drugs is anticipated to dominate the global market by accounting for over 60% share. Analgesic applications of opioid drugs are expected to procure market value of US$ 28,436.8 million by 2021-end. Increasing presence of palliative care facilities and rising importance of Abuse-Deterrent Formulation (ADF) regulations for generic drug manufactures is driving the growth of global opioids market; particularly in North America and Europe. The report has profiled some of the leading companies contributing to the growth of global opioids market, which include pharmaceutical manufacturers such as Actavis Plc., Purdue Pharma, Pfizer Inc., Sun Pharmaceutical Industries Ltd., Sanofi, Boehringer Ingelheim, and Endo Pharmaceuticals Inc., among others.

Research Solution Insights is a U.S. based market research and consulting company. We are the best destination for your research and analytical solutions; simply because our primary and secondary sources of information are adroit to give one stop solutions. Company provides syndicated research reports, customized research reports, and consulting services.

10 rue Pierre Grange,
Zone industrielle de la pointe,
94120 Fontenay sous Bois

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Opioid Market Prime Economies Expected to Deliver Major Growth until 2021 here

News-ID: 1634087 • Views:

More Releases from RESEARCH SOLUTION INSIGHTS

Infectious Disease Diagnosis Test Kits Market to Showcase Vigorous Demand during …
Global market for infectious disease diagnostic test kits is expected to gain a value of US$ 876.6 Mn in 2016, up from US$ 827.7 Mn in 2015. Increasing incidences of infectious diseases worldwide will continue to drive market by 2024 end. Asia Pacific is anticipated to form the most attractive market for infectious disease diagnostics. Browse Sample of Full report @ https://www.researchsolutioninsights.com/report/discount/230444-Infectious-Disease-Diagnosis-Test-Kits-Market Increasing rate of infectious diseases, including influenza, malaria,
Bone Densitometer Devices Market Expansion Projected to Gain an Uptick During 20 …
Bone densitometers are devices used for non-invasive measurement of bone mineral density in order to determine an individual’s bone health. This device has an essential role in the evaluation of patients at risk of osteoporosis and fracture. There are two types of bone densitometer devices available in the market viz. Axial Bone Densitometer and Peripheral Bone Densitometer. Several methods are available to measure bone density, but currently the most accurate
Biopsy Device Market Prime Economies Expected to Deliver Major Growth until 2026
Biopsy Device market is projected to reach US$ 2,621.4 Mn by 2026 due to the government initiatives to enhance availability of cancer diagnosis and treatment. Biopsy device market can be broadly classified into product segments such as guidance system, needles, guns, reagents & kits and others (brushes, curettes and punches etc.); by application such as medical diagnosis and scientific research; and by end users which are hospital, specialized oncology centre,
Automotive Ignition Coil Market Market Forecast Covering Growth Inclinations & D …
The long-term outlook on the global automotive ignition coil market remains positive, with market value expected to increase at a CAGR of 4.5% during the forecast period (2016 – 2026). Among product types, the pencil ignition coil segment is expected to expand at a significant CAGR in terms of value over the forecast period. Global sales of automotive ignition coil is estimated to be valued at US$ 2,460.9 Mn by

All 5 Releases


More Releases for Pharma

Miglitol Market Size, Share and Forecast By Key Players-Weiao Pharma, Zhejiang M …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Miglitol market is anticipated to grow at a compound annual growth rate (CAGR) of 11.49% between 2024 and 2031. The market is expected to grow to USD 22.32 Billion by 2024. The valuation is expected to reach USD 47.79 Billion by 2031. The Miglitol market is experiencing significant growth due to the rising prevalence of diabetes and the increasing awareness of the
Dacarbazine Market Size, Share and Forecast By Key Players-Lingnan Pharma, Ruiyi …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Dacarbazine market is anticipated to grow at a compound annual growth rate (CAGR) of 14.63% between 2024 and 2031. The market is expected to grow to USD 25.32 Billion by 2024. The valuation is expected to reach USD 65.84 Billion by 2031. The Dacarbazine market is projected to witness significant growth in the coming years, driven by increasing
Dacarbazine Market Size, Share and Forecast By Key Players-Lingnan Pharma, Ruiyi …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Dacarbazine market is anticipated to grow at a compound annual growth rate (CAGR) of 14.63% between 2024 and 2031. The market is expected to grow to USD 25.32 Billion by 2024. The valuation is expected to reach USD 65.84 Billion by 2031. The dacarbazine market is experiencing steady growth, driven by the rising incidence of cancer globally. As
Epilepsy Pipeline Assessment 2024: Therapies, Clinical Trials, and Market Insigh …
(Las Vegas, Nevada, United States) As per DelveInsight's assessment, globally, Epilepsy pipeline constitutes 75+ key companies continuously working towards developing 90+ Epilepsy treatment therapies, analysis of Clinical Trials, Therapies, Mechanism of Action, Route of Administration, and Developments analyzes DelveInsight. The Epilepsy Pipeline report embraces in-depth commercial and clinical assessment of the pipeline products from the pre-clinical developmental phase to the marketed phase. The report also covers a detailed description of the
Global Indomethacin Market Seeking Excellent Growth by 2028 | Ratiopharm, Merck, …
"IBI has published a report entitled Global Indomethacin Market Research Report which provides comprehensive data on emerging trends, market drivers, growth opportunities, and barriers that could change the dynamics of the industry market. It provides an in-depth analysis of market segments which includes the product, application, and competitor analysis. Click Here To Order A Sample Copy Of Indomethacin Global Market Report : https://www.infinitybusinessinsights.com/request_sample.php?id=380382 The Indomethacin Global Market Research Report provides close monitoring
Roxatidine Market 2020: Top Companies Analysis To Grow Healthcare Business by 20 …
Business Industry Reports Research has recently announced a report on Global Roxatidine Market based on the Category Industry. The Roxatidine Market report emphasizes various key aspects, which include growth drivers, restraints, opportunities and recent market trends for the forecast period 2020-2024. Global Roxatidine Market overview: Business Industry Reports Analyst covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the