Press release
Opioid Use Disorder (OUD) Market: Orexo AB Signs Agreement with GAIA AG to Develop a Novel Digital Therapy (DTx) for Treating OUD, reports Fortune Business Insights™
Industry Development:
August 2019: Orexo AB signed an agreement with GAIA AG to develop a novel digital therapy (DTx) for treating OUD. The product is likely to be launched in 2021. Orexo aims to enhance the existing treatment plans and provide access to patients.
Request a Sample Copy of the Research Report:
https://www.fortunebusinessinsights.com/enquiry/sample/opioid-use-disorder-oud-market-102674
DRIVING & RESTRAINING FACTORS
Rising Prevalence of Cancer, Injuries, and Cardiovascular Disorders to Aid Growth
The general population nowadays suffers from a wide range of chronic and severe health conditions, such as pain arising from injuries or cancer. They often result in chronic pain and in such cases, patients are given painkillers, especially opioids. While they help in lowering pain, they can cause addiction among patients. The abrupt discontinuation or higher dependency on these drugs leads to withdrawal symptoms. This further increases the chances of fatal consequences, such as deaths.
The American Psychiatric Association (APA), for instance, mentioned that approximately 72,000 Americans died due to drug overdose in 2017. These factors are likely to drive the opioid use disorder market growth in the near future. However, the drugs used for the treatment of opioid addiction can have various side-effects, such as bone/joint pain, abdominal cramps, constipation, respiratory issues, and vomiting. It may obstruct their demand.
Quick Buy
https://www.fortunebusinessinsights.com/checkout-page/102674
COVID-19 Pandemic: Cancellation of Patient Visits to Hamper Growth
The COVID-19 pandemic has had a mixed impact on the pharmaceutical market. Some of the medicines have showcased a decline in their demand because of the reduced patient visits in clinics and hospitals. Also, the postponement or cancellation of doctor appointments has severely affected the market. But, the number of people suffering from opioid relapses and overdoses has surged rapidly amid the pandemic, which, in turn, is set to aid growth. Our research reports would help you better understand the current scenario of the OUD industry.
SEGMENTATION
Buprenorphine Segment Held 81.5% Share in 2020: Fortune Business Insights™
Based on the route of administration, the market for opioid use disorder is segregated into oral and parenteral. By the distribution channel, it is divided into hospital pharmacies, retail pharmacies & stores, and online pharmacies. Lastly, based on the drug class, it is trifurcated into buprenorphine, methadone, and naltrexone. Out of these, the buprenorphine segment held 81.5% in terms of the opioid use disorder market share in 2020. This growth is attributable to the rising usage of these drugs in developed markets, such as France and the U.S.
Report Coverage-
Our skilled research analysts have presented an accurate picture of the opioid use disorder industry by summation, synthesis, and study of data from various significant sources. They have also included multiple facets of the industry with the main focus on determining the significant market influencers. Thus, the data is reliable and comprehensive. It was gathered by conducting extensive primary and secondary research.
Have Any Query? Ask Our Experts:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/opioid-use-disorder-oud-market-102674
REGIONAL INSIGHTS
Presence of Multiple Renowned Companies to Help North America Dominate
North America procured USD 1.95 billion in 2020 in terms of revenue. It is set to remain at the forefront because of the presence of reputed companies in the region. At the same time, the surging government initiatives for tackling the rising opioid dependency would augment the market for opioid use disorder in the forthcoming years. Europe, on the other hand, is expected to remain in the second position attributable to the increasing cases of opioid dependency and the rising number of advanced product launches in the region.
COMPETITIVE LANDSCAPE
Key Companies Aim on Collaborations and Partnerships to Gain a Competitive Edge
This market is experiencing a healthy competition between various prominent organizations that are striving persistently to compete with their rivals. Most of them are engaging in the partnership strategy with other companies to broaden their pre-existing product portfolios. A few others are signing new agreements with local firms to develop new treatment options. Below is one of the latest industry developments:
A List of Key Companies Operating in this Market:
Indivior PLC (Chesterfield, U.S.)
Alkermes (Dublin, Ireland)
Orexo AB (Uppsala, Sweden)
Titan Pharmaceuticals, Inc. (South San Francisco, U.S.)
Teva Pharmaceutical Industries Ltd. (Petah Tikva, Israel)
Mallinckrodt Pharmaceuticals (Staines-Upon-Thames, U.K.)
BioDelivery Sciences International Inc. (Raleigh, U.S.)
Viatris Inc. (Mylan N.V.) (Canonsburg, U.S.)
Pfizer, Inc. (New York City, U.S.)
Hikma Pharmaceuticals PLC (London, U.K.)
Camurus (Lund, Sweden)
Other Players
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, 2017-2028
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
ToC continue…!
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.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email:sales@fortunebusinessinsights.com
Fortune Business Insights™
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Opioid Use Disorder (OUD) Market: Orexo AB Signs Agreement with GAIA AG to Develop a Novel Digital Therapy (DTx) for Treating OUD, reports Fortune Business Insights™ here
News-ID: 2569044 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for OUD
Oud Oil Market Key Players, Share and Forecast Outlook
"As of 2024, the global oud oil market is valued at approximately $1.5 billion, driven by increasing consumer demand for natural fragrances and aromatherapy. The market is projected to reach $2.8 billion by 2034, reflecting a robust growth trajectory fueled by the expanding popularity of oud in perfumery and luxury cosmetic products. The Compound Annual Growth Rate (CAGR) for the period from 2025 to 2034 is estimated at 6.5%."
Exactitude Consultancy.,…
Agarwood Chip Market to Witness Remarkable Growth by 2032: Oud Elite, Arabian Ou …
The latest research document on "Global Agarwood Chip Market Size, Share, Sales and Forecast" Published by HTF MI with 143+ pages. The Study is segmented by key a region that is accelerating the marketization. Agarwood Chip study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
Major Key Players in This Agarwood Chip Report Include:
Oud Asia, Ensar Oud, Agarwood Indonesia,…
Jazeel Perfumes: Voted Number One Oud Perfume in the World
Image: https://www.getnews.info/uploads/b02c1eababcea03d9612f1958a2a5b78.jpg
Founded in 2018, Jazeel Perfumes has rapidly ascended to prominence in the luxury fragrance market, proudly earning the title of the number one oud perfume house in the world. This remarkable achievement reects the brand's dedication to quality, craftsmanship, and a deep appreciation for the art of perfumery.
A Legacy Rooted in Passion
The journey of Jazeel Perfumes is rooted in the passion of its founder, Ali Alzaabi, whose lifelong love…
Organic Oud Oils Market Sustaining the Hold: Strategies for Market Longevity | H …
"This comprehensive Organic Oud Oils report offers a deep dive into the global market, encompassing a wide spectrum of analyses to equip you with a profound understanding of its dynamics. Beyond the standard SWOT analysis, our study incorporates a diverse range of analytical approaches, including the insightful PESTLE analysis, qualitative and quantitative assessments, absolute dollar opportunity analysis, and the robust Porter's Five Forces analysis. We leave no stone unturned when…
Oud Oil Market: Explosive Growth
The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Oud Oil market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Oud Oil Market. We have provided deep analysis of the vendor landscape to give you a…
Medical Agarwood Essential Oil Market 2023 Business Outlook, Critical Insight an …
The Medical Agarwood Essential Oil Market Trends Overview 2023-2030:
A new Report by Worldwide Market Reports, titled "Medical Agarwood Essential Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," offers a comprehensive analysis of the industry, which comprises insights on the Medical Agarwood Essential Oil market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures,…
