Rising Demand for Fentanyl Drives Global Market Growth| Sun Pharmaceutical Industries Ltd., Mallinckrodt Pharmaceuticals, Endo Pharmaceuticals Inc, Pfizer Inc.

Fentanyl, a synthetic opioid, has become one of the deadliest drugs in recent years. Despite its dangers, the demand for fentanyl continues to rise, leading to a booming black market. In this blog post, we will take a closer look at the fentanyl market and explore why it is such a pressing issue.

The Rise of Fentanyl

Fentanyl was first introduced as a powerful painkiller in the 1960s. However, in recent years it has gained notoriety as a recreational drug. This is due to its potency - fentanyl can be up to 100 times stronger than morphine - making it appealing to those seeking an intense high.

The problem with fentanyl lies in its strength. Even small amounts can lead to overdose or death. According to a report by the United Nations Office on Drugs and Crime (UNODC), fentanyl is now responsible for more overdose deaths than any other drug.

Get a Sample Copy of this Report:
https://www.persistencemarketresearch.com/samples/32416

Competition Landscape
The major players present in the market are

Sun Pharmaceutical Industries Ltd.
Mallinckrodt Pharmaceuticals
Endo Pharmaceuticals Inc.
Pfizer Inc.
Boehringer Ingelheim
Janssen Pharmaceuticals Inc.
Zyla Life Sciences
Actavis Plc.
Sanofi SA
Assertio Therapeutics Inc.
others

The Fentanyl Market

So what exactly is driving the fentanyl market? One factor is its accessibility. With the rise of online marketplaces and anonymous payment methods like Bitcoin, buying and selling fentanyl has become easier than ever before. Dealers can order large quantities from overseas manufacturers and distribute them across borders with relative ease.

Another factor is its profitability. Due to its potency, small amounts of fentanyl can go a long way, meaning that dealers can make significant profits from even small-scale operations.

Combatting the Crisis

While the situation may seem dire, there are steps that we can take to combat this crisis. Education and prevention are key in reducing demand for this deadly drug. By raising awareness about the risks of fentanyl use and providing resources for addiction treatment, we can work towards reducing demand for this dangerous substance.

Law enforcement efforts are also important in cracking down on illegal distribution networks and stopping shipments from entering countries illegally.

You Can Customize this Report as per Your Requirement Click Here:
https://www.persistencemarketresearch.com/request-customization/32416

In conclusion, while the fentanyl market may be thriving right now, we cannot ignore the devastating effects that it is having on communities around the world. It is up to all of us - governments, law enforcement agencies, healthcare professionals, educators and individuals alike - to work together towards combating this crisis and protecting our communities from further harm.

Check out more Premium studies published by Persistence Market Research
Immune Checkpoint Inhibitors Market
https://www.persistencemarketresearch.com/market-research/immune-checkpoint-inhibitors-market.asp

Autoimmune Hepatitis Therapeutics Market
https://www.persistencemarketresearch.com/market-research/autoimmune-hepatitis-therapeutics-market.asp

Pain Management Devices Market
https://www.persistencemarketresearch.com/market-research/pain-management-devices-market.asp

Pain Drug Delivery Market
https://www.persistencemarketresearch.com/market-research/pain-drug-delivery-market.asp

Contact Us:
Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - mailto:sales@persistencemarketresearch.com

About us: -
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

This release was published on openPR.