Press release
Oxycodone Drugs Market Growth, Opportunity, Business Trend, and Future Outlook 2021-2026| Sun Pharmaceutical Industries Ltd, Collegium Pharmaceutical Inc
Latest research on Oxycodone Drugs Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Oxycodone Drugs market. this report included a special section on the Impact of COVID19. Also, Oxycodone Drugs Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Oxycodone Drugs industry.Oxycodone Drugs Market is growing at a CAGR of 5.6% during the forecast period (2021-2026).
The Oxycodone Drugs market is highly competitive and consists of a number of major players. Top Companies like Sun Pharmaceutical Industries Ltd, Collegium Pharmaceutical Inc., Endo Pharmaceuticals Inc., Teva Pharmaceutical Industries Ltd, Mallinckrodt Pharmaceuticals, Akrimax Pharmaceuticals LLC, Amneal Pharmaceuticals Inc., Zyla Life Sciences (Egalet Corporation), Purdue Pharma LP, Mundipharma Pty Limited
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Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Oxycodone Drugs market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
Oxycodone Drugs Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
Scope of the Report
According to the study report published by the MD Anderson Cancer Center in January 2020, chronic non-malignant pain is common in cancer patients across the world, and one in every three cancer patients were prescribed with opioid medication. Thus, huge acceptance and prescription of these medications indicate the growth of the market. Furthermore, an increased number of trauma and surgery cases, rise in the prescription of these products in postoperative pain management due to their proven efficiency and preference among the patients are likely to fuel the market growth during the forecast period.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/10192354794/oxycodone-drugs-market-growth-trends-and-forecast-2020-2025?Mode=VIIIXX
Key Market Trends
Short-acting Drugs are Expected to Hold the Major Market Share in the Oxycodone Drugs Market
Short-acting drugs are expected to account for the largest market revenue share during the forecast period. This dominance is owing to their usage as primary line treatment used by the physicians. Furthermore, increased demand for these products can be attributed to the rise in the prevalence of side effects of PR formulations. These PR formulations may lead to protracted adverse events among oxycodone-naive patients, and elderly patients who are in the initial stage of medication. Also, increased research activities to develop IR dosage forms and generics for the existing products by the key players are likely to fuel the segment. The steep rise in investments can be attributed to the discontinuation of various long-acting products, such as Targiniq ER, Troxyca ER, etc., by the USFDA, leading to the growth of the segment over the forecast period.
North America Dominates the Market and it is Expected to do the Same in the Forecast Period
North America is expected to dominate the overall oxycodone drugs market owing to the rise in the number of cancers, plastic surgery, diabetic ulcer amputation cases, and others that necessitate the prescription of these drugs and driving the market growth in the region. According to the American Society of Plastic Surgeons (ASPS) report for the year 2018, about 5.8 million reconstructive procedures were recorded in the United States. The American Journal of Managed Care report published in 2018 estimated that about 200,000 non-traumatic amputations occur every year, and per day nearly 230 Americans with diabetes will suffer an amputation. Thus, higher surgical procedures in the region demand the oxycodone for managing severe pain. Furthermore, increased health awareness among the public about pain management is also expected to propel the growth of the market in the region and contributing to its outstanding market share in the global oxycodone drug market throughout the forecast period.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Oxycodone Drugs Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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