Oxycodone Drugs Market Size Worth USD 8.29 Billion By 2032, At a Booming 5.4% Growth Rate

𝐎𝐱𝐲𝐜𝐨𝐝𝐨𝐧𝐞 𝐃𝐫𝐮𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Oxycodone is a powerful opioid analgesic used for the management of moderate to severe pain. It is often prescribed for conditions such as post-surgical pain, cancer-related pain, and chronic pain conditions. Oxycodone works by binding to opioid receptors in the brain and spinal cord, altering the perception of pain.

The global oxycodone drugs market size is expected to reach USD 8.29 billion by 2032, according to a new study by Polaris Market Research. The report "Oxycodone Drugs Market Share, Size, Trends, Industry Analysis Report, By Drug Type (Short-acting, Long-acting); By Dosage Form; By Distribution Channel; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rising incidence of chronic pain disease such as cancer, rheumatoid arthritis, lower back pain, and fibromyalgia is the primary contributor for the oxycodone market expansion. Moreover, the unresponsiveness shown by other medications for the treatment of severe pain management has increased the demand for oxycodone drugs. Furthermore, promising results of these drugs and benefits associated with the extended release oxycodone drugs has increased its prescription volumes. Additionally, better compliance and convenience of less-frequent dosage intervals offered by oxycodone drugs will fuel the market growth in the coming years.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.polarismarketresearch.com/industry-analysis/oxycodone-drugs-market/request-for-sample

The advent of extended-release capsules coupled with the high prevalence of severe pain among adults are also propelling the market growth. Moreover, the patents owned by market players coupled with their increasing expenses on marketing and promotion will contribute to the market growth. For instance, Collegium Pharmaceutical's Xtampza ER has patent protection until 2036.

The promising results shown by the oxycodone drugs over other opioid medications is also driving the market growth. Moreover, the advent of new drugs with advancements in drug delivery systems such as extended-release formulations will provide long-term opportunity for the oxycodone drugs market growth. The ability of oxycodone to lower the severe pain after surgery coupled with an increasing number of surgical procedures are expected to support the market expansion.

The widespread acceptance of oxycodone drugs as a pain-relieving medication and growing need for oxycodone for the pain management after surgeries are the factors propelling the market growth. Moreover, the strong focus of companies on the regulatory approvals in untapped markets will positively influence the market growth. Furthermore, lack of physical activities, tobacco usage, and obesity are increasing the number of patients suffering from chronic pain. For instance, according to the World Obesity Atlas 2023 Report by the World Obesity Federation, the number of people with overweight or obesity worldwide is expected to increase to 4.0 billion, from 2.6 billion in 2020. Such obese people requiring pain management medications will drive the market growth during the forecast period.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐏𝐫𝐞𝐯𝐚𝐥𝐞𝐧𝐜𝐞 𝐨𝐟 𝐂𝐡𝐫𝐨𝐧𝐢𝐜 𝐏𝐚𝐢𝐧 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬:

The growing prevalence of chronic pain conditions, such as osteoarthritis, back pain, and neuropathic pain, has contributed to the demand for effective pain management medications. Oxycodone, being a potent analgesic, is prescribed in cases where other pain relief measures may be insufficient.

𝐑𝐢𝐬𝐢𝐧𝐠 𝐈𝐧𝐜𝐢𝐝𝐞𝐧𝐜𝐞 𝐨𝐟 𝐂𝐚𝐧𝐜𝐞𝐫 𝐚𝐧𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐏𝐚𝐢𝐧:

Oxycodone is frequently used in the management of cancer-related pain. As the incidence of cancer continues to rise globally, particularly with an aging population, the demand for effective pain relief medications like oxycodone is expected to increase.

𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐒𝐮𝐫𝐠𝐢𝐜𝐚𝐥 𝐏𝐫𝐨𝐜𝐞𝐝𝐮𝐫𝐞𝐬:

Surgical procedures often result in post-operative pain, and oxycodone is commonly prescribed to manage pain in the immediate post-surgical period. The increasing number of surgical interventions, including orthopedic, dental, and other procedures, contributes to the demand for oxycodone drugs.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/3295/2

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬:

𝐏𝐚𝐢𝐧 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐢𝐧 𝐂𝐡𝐫𝐨𝐧𝐢𝐜 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬:

Oxycodone is widely used for pain management in chronic conditions where persistent pain is a significant aspect, such as in osteoarthritis, rheumatoid arthritis, and neuropathic pain. The extended-release formulations of oxycodone are often employed for continuous pain relief.

𝐏𝐨𝐬𝐭-𝐒𝐮𝐫𝐠𝐢𝐜𝐚𝐥 𝐏𝐚𝐢𝐧 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭:

Oxycodone is commonly prescribed for post-surgical pain management. It helps alleviate acute pain following various surgical procedures, ensuring patient comfort during the recovery period. The immediate-release formulations are often utilized for this purpose.

𝐂𝐚𝐧𝐜𝐞𝐫-𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐏𝐚𝐢𝐧 𝐑𝐞𝐥𝐢𝐞𝐟:

Oxycodone plays a crucial role in palliative care for cancer patients by providing effective pain relief for cancer-related pain. The opioid's analgesic properties make it valuable in improving the quality of life for individuals undergoing cancer treatments or in advanced stages of the disease.

It's important to note that the use of opioids, including oxycodone, is associated with concerns related to opioid misuse, addiction, and overdose. Healthcare professionals need to carefully assess patients for their pain management needs and weigh the risks and benefits of opioid therapy.

𝐎𝐱𝐲𝐜𝐨𝐝𝐨𝐧𝐞 𝐃𝐫𝐮𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

The long-acting segment dominated the market, owing to its benefits for improving pain management and reducing pain intensity variations.

The capsules segment is expected to expand at the highest CAGR, owing to the emergence of extended release capsules.
Hospital segment held the largest market share, owing to the increasing number of surgical procedures and rising hospital admissions.

North America dominated the market, owing to the large volume of oxycodone prescriptions and rising incidences of chronic pain diseases.

The market players include Collegium Pharmaceutical, Mundipharma International, Sun Pharmaceutical Industries Ltd., Endo International plc, and Mallinckrodt.

𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐨𝐱𝐲𝐜𝐨𝐝𝐨𝐧𝐞 𝐝𝐫𝐮𝐠𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐝𝐫𝐮𝐠 𝐭𝐲𝐩𝐞, 𝐝𝐨𝐬𝐚𝐠𝐞 𝐟𝐨𝐫𝐦, 𝐝𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐜𝐡𝐚𝐧𝐧𝐞𝐥, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧:

𝐎𝐱𝐲𝐜𝐨𝐝𝐨𝐧𝐞 𝐃𝐫𝐮𝐠𝐬, 𝐃𝐫𝐮𝐠 𝐓𝐲𝐩𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)

Short-acting
Long-acting

𝐎𝐱𝐲𝐜𝐨𝐝𝐨𝐧𝐞 𝐃𝐫𝐮𝐠𝐬, 𝐃𝐨𝐬𝐚𝐠𝐞 𝐅𝐨𝐫𝐦 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)

Tablet
Capsule
Injection

𝐎𝐱𝐲𝐜𝐨𝐝𝐨𝐧𝐞 𝐃𝐫𝐮𝐠𝐬, 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)

Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐚𝐧𝐝 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 @ https://www.polarismarketresearch.com/industry-analysis/oxycodone-drugs-market/request-for-discount-pricing

𝐓𝐡𝐞 𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐂𝐨𝐯𝐞𝐫𝐬 𝐅𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐊𝐞𝐲 𝐑𝐞𝐠𝐢𝐨𝐧𝐬:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and the rest of South America)

The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞:

𝟓𝐆 𝐅𝐢𝐱𝐞𝐝 𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐀𝐜𝐜𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.linkedin.com/pulse/5g-fixed-wireless-access-market-revolutionizing-xy3pf

𝐋𝐭𝐞 𝐀𝐧𝐝 𝟓𝐆 𝐁𝐫𝐨𝐚𝐝𝐜𝐚𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.linkedin.com/pulse/lte-5g-broadcast-market-transforming-media-delivery-wpjyf

𝟓𝐆 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.linkedin.com/pulse/5g-testing-equipment-market-pioneering-innovation-network-yby9f

𝐋𝐢𝐭𝐡𝐢𝐮𝐦-𝐈𝐨𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.linkedin.com/pulse/lithium-ion-battery-market-powering-future-clean-energy-cdndf

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
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New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.