New study 2019 Medical Morphine Market with Top Players Mallinckrodt plc., Alcaliber S.A, Sanofi, Johnson Matthey, Qinghai Lake Pharmaceutical Co.,Ltd., Northeast Pharmaceutical Group Co., Ltd, Sun Pharmaceutical Industries Ltd, Pfizer Inc

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Market Analysis: Global Medical Morphine Market

Global medical morphine market to grow with a steady CAGR of 2.1% and is estimated to reach USD 29.9 billion by 2026. Increasing prevalence of cancer as morphine prescribed to overcome cancer related pain and vulnerable aging population and their medical conditions like arthritis are the key factors for growth of market.

Morphine Industry injection may be habit forming, especially with prolonged use. Use morphine injection exactly as directed. Do not use more of it, use it more often, or use it in a different way than directed by your doctor. While you are using morphine, discuss with your health care provider your pain treatment goals, length of treatment, and other ways to manage your pain. Tell your doctor if you or anyone in your family drinks or has ever drunk large amounts of alcohol, uses or has ever used street drugs, or has overused prescription medications, or if you have or have ever had depression or another mental illness. There is a greater risk that you will overuse morphine if you have or have ever had any of these conditions.

Key Market Players: Global Medical Morphine Market

• Mallinckrodt plc.
• Alcaliber S.A
• Sanofi
• Johnson Matthey
• Qinghai Lake Pharmaceutical Co.,Ltd.
• Northeast Pharmaceutical Group Co., Ltd
• Sun Pharmaceutical Industries Ltd
• Pfizer Inc,
• Fresenius Kabi USA
• Daiichi Sankyo company limited
• Rhodes Pharmaceuticals L.P
• Allergan
• Pacira BioSciences, Inc.
• Endo Pharmaceuticals Inc.
• Tris Pharma, Inc
• US WorldMeds
• LLC
• Egalet Corporation and among others.

Market Definition: Global Medical Morphine Market

Morphine is a narcotic analgesic found naturally in the opium poppy plants that are used for the treatment of moderate to chronic pain. It acts on central nervous system to relieve pain related to post surgery. Morphine is potent drug abuse worldwide due to its sedative and euphoric nature.

According to the stats published as distribution of morphine consumption globally by region in 2016, it was identified that the world’s largest consumer of morphine is United States (50.6%) followed by Europe which was 25.4% world’s share of morphine. Increasing prevalence of cancer as morphine prescribed to overcome cancer related pain and growing cases of cardiovascular diseases like myocardial infarction as this medication effectively used when other nitrates failed to reduce the pain are the key factors for growth of market.

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Market Drivers

• Increasing cases of cancer related treatment worldwide as morphine is valuable agent to overcome cancer related pain
• Vulnerable aging population and their medical conditions like arthritis
• Rising awareness about treatment and technological advancement is driving the growth of market

Market Restraints

• Morphine is potent drug abuse worldwide due to its sedative and euphoric nature
• Effective treatment is either unavailable or unaffordable
• Insufficient awareness about pain management in some developing countries
• Government hefty regulations to prevent illicit use of morphine
Segmentation: Global Medical Morphine Market

By Application Type

(Anesthesia, Cough Suppressant, Diarrhea Suppressant And Others),

Indication Type

(Cancer, Arthritis, Parkinson’s disease, Myocardial infraction and others),

Ingredient Type

(Apomorphine Hydrochloride, Morphine Sulfate, Morphine Acetate,
and Others),

Dosage Form Type

(Oral Tablets, Injection, Capsule, and others),

Route of Administration

(Oral, Intramuscular, Intravenous, Subcutaneous and Others ),

End- users

(Hospitals, Homecare, Specialty Clinics, Others),

Geography

(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Key Developments in the Market:

• In May 2019, US WorldMeds, LLC has initiated Phase III trial for apomorphine for the treatment of motor fluctuations in Idiopathic Parkinson’s disease. The study expects to enroll 99 patients with early stage Parkinson’s and expect to complete by end of the Oct’19
• In December 2017, Egalet Corporation received FDA tentative approval for an expanded label of ARYMO ER (morphine sulfate), extended-release tablets for the management of pain

Competitive Analysis: Global Medical Morphine Market

Global medical morphine market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical morphine market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Reasons to Purchase this Report

• Current and future of global medical morphine market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Table Of Contents Global Heart Pump Devices Market

1 Introduction
2 Market Segmentation
3 Market Overview

4 Executive Summary
5 Premium Insights
6 Global Heart Pump Devices Market, By Products

7 Global Heart Pump Devices Market, By Type
8 Global Heart Pump Devices Market, By Therapy
9 Global Heart Pump Devices Market, By End User

10 Global Heart Pump Devices Market, By Geography
11 Global Heart Pump Devices Market, Company Landscape
12 Company Profile

13 Related Reports

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Focal point of the report

1. To gain insights of the Changing market dynamics of the industry
2. Major players and brands
3. Historical and current market size and projection up to 2025.
4. It provides five-year forecast assessed on the basis of how the market is predicted to grow
5. Strategies of key players and product offerings

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