Global Opioid Use Disorder Market (Covid 19 Update) Future Growth Analysis, Business Demand and Opportunities to 2027 || Teva Pharmaceutical Industries Ltd.; Omeros Corporation; Camurus; Hikma Pharmaceuticals PLC; Titan Pharmaceuticals, Inc

Data Bridge Market Research has recently added a concise research on the Global Opioid Use Disorder Market- Industry Trends and Forecast to 2026. A reliable Global Opioid Use Disorder Market report contains market data that can be relatively essential when it comes to dominate in the industry or make a mark in the market as a new emergent. It also strategically analyses the growth trends and future prospects. Moreover, this winning market report also provides strategic profiling of top players in the industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. The report gives details about the top players and brands that are driving the market. A wide-ranging Global Opioid Use Disorder Market research report acts as a backbone for the success of business in any sector.

Global Opioid Use Disorder Market business report provides complete background analysis of the industry which includes an assessment of the parental market. Market segmentation analyses the usage of the product with respect to its applications, end user or with respect to geography. All the statistical and numerical data, which is calculated with the most established tools such as SWOT analysis, is represented with the help of graphs and charts for the best user experience and clear understanding. Global Opioid Use Disorder Market is the most relevant, exclusive, reasonable and admirable market research report depending upon the business needs.

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Global opioid use disorder market is expected to rise to an estimated value of USD 4.22 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the various initiatives undertaken by authorities of different regions to combat the opioid abuse prevalent in the global population.

Global Opioid Use Disorder Market By Drug (Buprenorphine, Methadone, Naltrexone), Application (Moderate Pain Treatment, Severe Pain Treatment), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Key Market Competitors:

Few of the major competitors currently working in the global opioid use disorder market are Indivior PLC; Teva Pharmaceutical Industries Ltd.; Omeros Corporation; Camurus; Hikma Pharmaceuticals PLC; Titan Pharmaceuticals, Inc.; BioDelivery Sciences International, Inc.; Alkermes; Novartis AG; Pear Therapeutics, Inc.; Amygdala Neurosciences, Inc.; Orexo AB (publ.); Braeburn Inc.; iX Biopharma Ltd.; Relmada Therapeutics, Inc. and Mundipharma International among others.

Competitive Analysis:

Global opioid use disorder 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 opioid use disorder market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global Opioid Use Disorder Market

Opioid use disorder is a condition in which patients are addicted/dependent on consumption of opioids. This disorder is generally segregated into two categories: patients reliant on medicinal opioid drugs and opioid available as non-medicinal. This disorder is generally associated with a number of factors that are environmental and genetic resulting in it arising in patients.

Market Drivers

Increasing intensity of opioid epidemic in the North America region is expected to fuel the growth of the market
Strong pipeline of pharmaceuticals and expected commercialization of these products is expected to boost the growth of the market

Market Restraint

Complications associated with the reimbursement scenarios for addiction therapies; this factor is expected to restrict the growth of the market

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Key Developments in the Market:

In February 2019, Titan Pharmaceuticals, Inc. announced that they had entered into an agreement with AllianceRx Walgreens Prime for the expansion of accessibility of patients for Titan’s opioid use disorder implant branded as “Probuphine implant”. This agreement comes after the company identified the areas through which the majority of sales for these products are set to be generated, i.e. pharmacy distribution. This will enhance the ability of patients to avail highly effective treatment solutions for opioid use disorder
In January 2019, Novartis AG’s business division Sandoz Inc. along with Pear Therapeutics, Inc. announced that they had launched “reSET-O” commercially for patients suffering from opioid use. The product is available immediately after the company had received clearance from the US FDA in December. “reSET-O” is digital prescription based 12-week behavioral therapeutic system for outpatient treatment. This availability will help in serving the wide-spread unmet need of effective opioid use disorder treatment systems

Reasons to Purchase this Report

Current and future of global opioid use disorder 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

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