Opioid Use Disorder Market Is Projected To Reach Around USD 5,200 Million In 2030 Exhibiting A CAGR Of 8.5% In The Forecasted Period

The global opioid use disorder market size was valued at USD 2,700 million in 2021 and is projected to reach around USD 5,200 million in 2030 exhibiting a CAGR of 8.5% in the forecasted period.

This market study on opioid use disorders includes information on recent developments, trade laws, production analysis, value chain optimisation, market share, and the effects of domestic and regional market competitors. It also examines opportunities for new revenue streams, regulatory changes, strategic market growth, market size, category market expansions, application niches and dominance, product approvals, product launches, and geographic markets. Contact We industry Research for an analyst brief to learn more about the opioid use disorder industry. Our staff will assist you in making an informed choice to expand your market.

The nation part of the research also lists specific market-impacting variables and domestic market regulation changes that have an affect on the market's present and future tendencies. Some of the key indicators utilised to anticipate the market scenario for specific countries include data points like new sales, replacement sales, national demographics, disease epidemiology, and import-export tariffs. When providing forecast analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they face due to strong or weak competition from domestic and local brands, and the impact of sales channels.

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Segments:

Key Companies Insights
The market for opioid use disorder is moderately competitive. With the rising applications of opioid use disorder, new players are considering to enter the market. The companies are also involved in activities like joint ventures, acquisitions, partnerships, mergers, and collaborations. These activities aid in growing the effect of the players in the Opioid use disorder market, ultimately boosting the market growth. Some of the key companies working in the global Opioid use disorder market include:
• Indivior PLC
• Alkermes
• AstraZeneca
• Braeburn
• Dr. Reddy
• Orexo AB
• Titan Pharmaceuticals, Inc.
• Pear Therapeutics
• Reckitt Benckiser Pharmaceuticals Inc.
• Mallinckrodt Pharmaceuticals
• BioDelivery Sciences International Inc.
• Viatris Inc. (Mylan N.V.)
• Hikma Pharmaceuticals PLC
• Camurus
• Other players

By Type
• Buprenorphine
o Bunavail
o Sublocade
o Suboxone
o Zubsolv
o Others
• Methadone
• Naltrexone
By Drug Type
• Agonist
• Antagonist
By Age Group
• 19 to 39
• 40 to 59
• Age 60 and Over
By Route of Administration
• Oral
• Intravenous
• Sublingual
By Distribution Channel
• Hospital pharmacy
• Retail Pharmacy
• Online Pharmacy
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt

Region Insights:

North America was the leading revenue-generating region in 2021 and is projected to express the same trend during the forecasted period. The opioid epidemic in the U.S. and Canada is among the major factors backing to the maximum market share of North America. Administrations are presenting numerous policies to regulate the emergency. For example, in January 2018, the U.S. administration propelled an awareness presenting campaign to fight opioid dependence.
Furthermore, the U.S. market is further projected to witness new products arriving the market over the forecasted period, such as Braeburn's CAM-2038-additional buprenorphine subcutaneous preparation for, possibly, monthly injection. If permitted, it will have an advantage over Sublocade-Sublocade desires an introducing treatment with oral buprenorphine for 7 days till dose maintenance, while CAM-2038 will not have this requirement. This is expected to further increase the North America OUD market.

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The rise in the prevalence of chronic diseases like cancer, cardiovascular disease, and orthopaedic diseases is primarily responsible for the expansion of the global market for opioid use disorders. The incidence of surgical intervention rises as the number of chronic conditions increases. After surgery, opioid medications are used to alleviate pain. Even when the pain has subsided, this factor can still lead to drug addiction. Thus, the anticipated increase in the prevalence of chronic diseases drives up demand for drugs to treat opioid use disorders and propels market expansion.

DRIVING FACTORS:

The general population is currently afflicted by a wide range of severe and chronic diseases, such as cancer, cardiovascular disease, pain from injuries, and other maladies. Patients who suffer from these illnesses commonly experience chronic pain, which is typically managed with drugs, primarily opioids. While the pain lessens, there is a greater chance that the patient will develop a drug dependence. As a result of their abrupt discontinuation and growing dependence on certain medications, the patient could experience withdrawal symptoms.

Key opportunities for market expansion over the forecast period are identified in We Market Research's most recent study. This report maps market opportunities utilising a thorough analysis of the present market environment for opioid use disorders, mergers and acquisitions, investments in R&D, technical advancements, creative marketing techniques, and consumer behaviour. The report's major opportunities will help readers gain a better grasp of the opioid use disorder market globally and its projected future growth.

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Key Benefits For Stakeholders

1. This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the opioid use disorder market analysis from 2021 to 2031 to identify the prevailing opioid use disorder market opportunity.
2. The market research is offered along with information related to key drivers, restraints, and opportunities.
3. Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
4. In-depth analysis of the opioid use disorder market segmentation assists to determine the prevailing market opportunities.
5. Major countries in each region are mapped according to their revenue contribution to the global market.
6. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

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