Press release
Opioids Market Detailed In Overall Study Report 2021-2028 | Endo International, Lupin Limited, Cadila Healthcare Limited
In a recent published report, Coherent Market Insights has updated the market report for Opioids Market for 2021 till 2028. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain.The global opioids market is estimated to be valued at US$ 42,429 Mn in 2021, and is expected to exhibit a CAGR of 3.2% over the forecast period (2021-2028).
Market Overview:
Opioids are medications used to treat severe or chronic pain, such as chronic headaches and backaches, by patients recovering from surgery or experiencing severe pain associated with cancer, and by adults and children who were injured while playing sports or who were severely injured in falls, auto accidents, or other incidents. Opioids are also referred to as narcotics. Doctors prescribe various opioids in varying doses that may be delivered in a variety of ways, depending on the patient, the scenario, and the type and severity of pain.
𝗟𝗜𝗠𝗜𝗧𝗘𝗗 𝗧𝗜𝗠𝗘 𝗢𝗙𝗙𝗘𝗥 – 𝗛𝘂𝗿𝗿𝘆 𝗨𝗽!!!
𝗕𝘂𝘆 𝗡𝗼𝘄 𝗧𝗼 𝗔𝘃𝗮𝗶𝗹 𝗙𝗹𝗮𝘁 𝟯𝟬% 𝗢𝗳𝗳
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Key Companies:
· Teva Pharmaceutical Industries Ltd.*
· Johnson & Johnson
· Endo International plc
· Lupin Limited
· Cadila Healthcare Limited
· Purdue Pharma L.P.
· AbbVie Inc.
· Fresenius Kabi
· Mallinckrodt Pharmaceuticals
· Pfizer Inc.
· Rhodes Pharmaceuticals L.P.
· Sun Pharmaceutical Industries Limited
· Nesher Pharmaceuticals (USA) LLC
· Amneal Pharmaceuticals LLC
· Trevena Inc.
· Aurobindo Pharma Limited
Increasing R&D in synthesis of hybrids targeting opioid and neurokinin receptors is expected to offer lucrative growth opportunities for market players. For instance, in December 2019, researchers from Medical University of Lodz reported the synthesis, structure–activity relationship, and pharmacological characterization of a series of hybrids combining opioid pharmacophores with either substance P (SP) fragments or neurokinin receptor (NK1) antagonist fragments in order to comprehend the role of the neurokinin system in opioid-induced antinociception.
Key players in the market are focused on product approvals and launches to expand their product portfolio. For instance, in June 2018, AcelRx Pharmaceuticals, Inc., a specialty pharmaceutical company received the European Commission (EC) approval for DZUVEO for the management of acute moderate to severe pain in adults in medically monitored settings. The market is witnessing increasing merger and acquisition activities. For instance, Grünenthal acquired the U.S.-based pharmaceutical company ‘Averitas Pharma’ in order to expand its presence in the U.S.
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Detailed Segmentation:
Global Opioids Market, By Drug Type:
Codeine
Fentanyl
Morphine
Hydrocodone
Oxycodone
Others
Global Opioids Market, By Application:
Analgesia
Cough Suppression
Diarrhea Suppression
Global Opioids Market, By Route of Administration:
Oral
Topical
Parenteral
Others
Global Opioids Market, By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Reasons to Buy this Opioids Market Report
➡ Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Opioids market
➡Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging Opioids market
➡Leading company profiles reveal details of key Opioids market players emerging five operations and financial performance
➡Add weight to presentations and pitches by understanding the future growth prospects of the emerging Opioids market with five year historical forecasts
➡Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region .
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About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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