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Opioid Use Disorder Market 2021 Overview, Opportunities And Challenges Forecast To 2027

08-27-2021 09:01 AM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd.

Opioid Use Disorder Market 2021 Overview, Opportunities

The global opioid use disorder (OUD) market size is projected to reach USD 4.50 billion by 2026, exhibiting a CAGR of 10.8% during the forecast period. Increasing addiction to opioids across the globe will be the central force driving the growth of this market, shares Fortune Business Insights™ in its recent report, titled “Opioid Use Disorder (OUD) Market Size, Share & Industry Analysis, By Drug Class (Buprenorphine, Methadone, and Naltrexone), By Route of Administration (Oral, and Parenteral), By Distribution Channel (Hospital Pharmacies,Retails Pharmacies & Stores, and Online Pharmacies), and Regional Forecast, 2019-2026”. The US National Institutes of Health (NIH) estimates that approximately 16 million people around the world are suffering from opioid use disorder (OUD). In the US, the situation has worsened in the past few years, with the US government declaring opioid overdose a public health emergency in the country in 2017. As per NIH data, roughly 3 million Americans have OUD and over half a million US citizens are dependent on. The NIH also reports that in 2015 nearly 92 million Americans used prescription opioids. This heightening dependency on opioids in the US and worldwide is likely to set the opioid use disorder market trends in the near future.

Highlights of the Report:

In-depth analysis of various insights, namely, Opioid Use Disorder (OUD) Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Opioid Use Disorder (OUD) Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/opioid-use-disorder-oud-market-102674

Key Players Operating in The Opioid Use Disorder (OUD) Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

Camurus
Pfizer Inc.
BioDelivery Sciences International Inc.
TEVA PHARMACEUTICALS USA, INC
Orexo US, Inc.
Indivior PLC
Hikma Pharmaceuticals
Mylan
Mallinckrodt.
Titan Pharmaceuticals Inc.
Alkermes
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Market Driver

Rising Prevalence of Cancer to Boost the Market

Opioids are essentially narcotics that are prescribed to manage moderate to severe pain. The American Cancer Society expounds that these substances play a pivotal role in alleviating pain arising from the disease or its treatment in cancer patients. As the prevalence of cancer grows around the world, the demand for prescription opioids is bound to spike. According to the World Health Organization’s International Agency for Research on Cancer (IARC), in 2018, the number of global cancer cases rose to 18.1 million and cancer-related deaths stood at 9.6 million. The IARC further estimates that the number of cancer survivors (those that are alive within 5 years of cancer diagnosis) worldwide was at 43.8 million. These survivors experience immense pain and opioids help relieve them of this suffering, thus auguring well for the opioid use disorder market growth.

Regional Analysis

High Incidence of OUD to Favor Market Growth in North America

North America, with a market size of USD 1.50 billion in 2018, is slated to dominate the opioid use disorder market share during the forecast period based on the fact that the incidence of OUD in the region is higher than most other countries in the world. Moreover, NIH data reveals that around 4 million Americans use prescription opioid drugs for non-medical purposes. These facts will ensure that North America leads the OUD market share in the foreseeable future. In Europe, rising number of patients with orthopedic disorders will stoke the demand for opioids and drive the market. In Asia-Pacific, on other hand, the demand for opioid medication is escalating on account of rising prevalence of chronic pain among the population.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Pipeline Analysis
New Product Launches
Statistics of Opioid Use Disorder
Industry Developments Such as Mergers, Acquisitions, and Collaborations
Global Opioid Use Disorder (OUD) Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Drug Class
Buprenorphine
Methadone
Naltrexone
Market Analysis, Insights and Forecast – By Route of Administration
Oral
Parenteral
Market Analysis, Insights and Forecast – By Distribution Channel
Hospitals Pharmacies
Retail Pharmacies & Stores
Online Pharmacies
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Rest of the World
North America Opioid Use Disorder (OUD) Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Drug Class
Buprenorphine
Methadone
Naltrexone
Market Analysis – By Route of Administration
Oral
Parenteral
Market Analysis – By Distribution Channel
Hospitals Pharmacies
Retail Pharmacies & Stores
Online Pharmacies
Market Analysis – By Country
S.
Canada
Europe Opioid Use Disorder (OUD) Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Drug Class
Buprenorphine
Methadone
Naltrexone
Market Analysis – By Route of Administration
Oral
Parenteral
Market Analysis – By Distribution Channel
Hospitals Pharmacies
Retail Pharmacies & Stores
Online Pharmacies
Market Analysis – By Country/ sub-region
K.
Germany
France
Spain
Italy
Scandinavia
Rest of Europe
Asia Pacific Opioid Use Disorder (OUD) Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Drug Class
Buprenorphine
Methadone
Naltrexone
Market Analysis – By Route of Administration
Oral
Parenteral
Market Analysis – By Distribution Channel
Hospitals Pharmacies
Retail Pharmacies & Stores
Online Pharmacies
Market Analysis – By Country
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Rest of the World Opioid Use Disorder (OUD) Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Drug Class
Buprenorphine
Methadone
Naltrexone
Market Analysis – By Route of Administration
Oral
Parenteral
Market Analysis – By Distribution Channel
Hospitals Pharmacies
Retail Pharmacies & Stores
Online Pharmacies
Competitive Analysis
Key Industry Developments
Global Market Share Analysis (2017)
Competition Dashboard
Comparative Analysis – Major Players
Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
Indivior PLC
Alkermes
Orexo US, Inc.
Titan Pharmaceuticals Inc.
TEVA PHARMACEUTICALS USA, INC
Mallinckrodt
BioDelivery Sciences International Inc.
Mylan
Pfizer Inc.
Hikma Pharmaceuticals
Camurus
Other Prominent Players
Continued...

Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Opioid Use Disorder (OUD) Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:

Comprehensive analysis of the Opioid Use Disorder (OUD) Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Opioid Use Disorder (OUD) Market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
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Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

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