Press release
Opioids Agonist Drugs Market Is Likely to Experience a Tremendous Growth by 2029
Opioids Agonist Drugs Market is anticipated to grow at a significant CAGR during the forecast period. The major factors that are fuelling the growth of the market include the growing prevalence of pain and diarrhea. Opioids are generally used for treating pain, however, opioid-containing drugs are being misused or are being consumed in overdose when patients follow self-medication. The opioid drug class comprises morphine, hydrocodone, oxycodone, codeine, morphine, fentanyl, and methadone. It is also employed as a cough suppressant and in diarrhea treatment. Opioids can be administered either through pills, liquids, intravenous, transdermal patches, or lozenges. Developed nations in North America and Europe have high levels of abuse of this drug. Drugs such as codeine, morphine, fentanyl, and hydrocodone have become a source of addiction, especially among the population, owing to the easy availability of drugs in these regions.However, global organisations as well as regulatory agencies including the FDA, Centers for Disease Control and Prevention (CDC), and World Health Organization (WHO) are working towards restricting the abuse of opioids by creating awareness and educating prescribers to be cautious while prescribing these drugs. In 2016, the CDC issued guidelines to prescribe opioids, limiting the daily dose of opioids to 90 morphine milligram equivalent (MME). In recent years, Therefore, legalizing is a factor that is expected to have a detrimental impact on the market growth during the forecast period.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered
Regions Covered- Globally
Competitive Landscape: Pfizer Inc., Boehringer Ingelheim GmbH, and Sanofi S.A., among others.
A full Report of Opioids Agonist Drugs Market is Available at: https://www.omrglobal.com/industry-reports/opioids-agonist-drugs-market
Opioids Agonist Drugs Market Report by Segment
By Product
Codeine
Fentanyl
Meperidine
Methadone
Others
By Application
Pain Management
Cough Treatment
Diarrhea Treatment
Opioids Agonist Drugs Market by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
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More than 120 countries are for analysis.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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