Press release
Opioid Market Estimated to Exhibit 1.5% CAGR through 2032 to Reach USD 26.41 Billion Report by PMR
Polaris Market Research's latest report, titled "Opioid Market," 2024-2032. The report covers key success factors, market performance, risk factors, project costs and economics, expected ROI, and profit margins. The global market was valued at USD 23.10 billion in 2023 and is expected to grow to USD 26.41 billion by 2032 at a CAGR of 1.5% during the forecast period.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/opioid-market/request-for-sample
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฉ๐ข๐จ๐ข๐?
Opioids are medications advised by doctors to cure constant or critical pain. They are utilized by persons with detrimental headaches and backaches, by patients recuperating from surgery or encountering critical pain linked with cancer, or by adults and children who have succumbed to injuries while playing sports or who have been grievously harmed by falls, auto mishaps, or other cases. Opioids link to proteins known as opioid sense organs or nerve cells in the brain, gut, spinal cord, or other parts of the body. When this takes place, the opioids obstruct pain messages dispatched to the body through the spinal cord to the brain.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
Prominent players are acquiring procedures such as mergers and acquisitions for regional augmentation and elevated market share. Market leaders in the opioid market are enumerated as follows:
โข Aurobindo Pharma Limited
โข Assertio Therapeutics, Inc.
โข AbbVie Inc.
โข Actavis Plc.
โข Amneal Pharmaceuticals LLC,
โข Boehringer Ingelheim International GmbH
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ญ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ
The market is expanding due to the growing pervasiveness of detrimental illnesses such as diabetes and cancer, among others. In 2019, the entire adult populace in the US with diabetes was 31.0 million, while in Canada was 2.8 million. This pervasiveness is planned to escalate to 12.8% in 2045.
As the majority of people have surgical approaches, opioid sales are growing worldwide as they assist patients in handling post-operative agony, accelerate recuperation, and lessen the probability of issues such as pneumonia and blood clots.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
โข North America makes up the majority of the opioid market. This is primarily because of the escalation in the aggregate of commodities confirmed by administrative agencies such as the American Food and Drug Administration.
โข Throughout the projection period, the Europe, Asia Pacific, and Latin America markets are expected to grow at a faster CAGR. This results from the population aged 65 years or above in Portugal, Finland, and Greece, which is under 22% of the nation's population.
๐๐ฉ๐ข๐จ๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The long-acting opioids segment is anticipated to grow at the highest CAGR over the forecast period. These drugs are frequently used to treat moderate to severe chronic pain. These medications offer therapeutic advantages such as consistent, long-lasting analgesia and reduced dose frequency.
โข Semi-synthetic opioids segment accounted for to growth rapidly of the global revenue share due to the increased availability and demand for these painkillers. Labs use natural opiates to create semi-synthetic types.
โข Asia-Pacific is expected to grow prominently over the projected period. This can be attributed to cancer cases rising across several developing economies. Nearly half of cancer's worldwide burden is borne by Asia. Additionally, a growing elderly population and an increase in cases of chronic pain would increase regional market demand.
โข The global market is highly competitive owing to the existence of prominent players with a worldwide presence, including Aurobindo Pharma Limited, Assertio Therapeutics, Inc., AbbVie Inc., Nesher Pharmaceuticals (USA) LLC, Purdue Pharma L.P., Pfizer Inc., Rhodes Pharmaceuticals L.P., Sun Pharmaceutical Industries Limited, Trevena Inc., and Teva Pharmaceutical Industries Ltd.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฒ ๐๐ฅ๐๐ฌ๐ฌ:
โข Natural
โข Semi-synthetic
โข Fully synthetic
๐๐ฒ ๐๐๐ฅ๐๐๐ฌ๐ ๐๐ฒ๐ฉ๐:
โข Immediate-release/Short-acting opioid
โข Extended-release/Long-acting opioid
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ:
โข Codeine
โข Fentanyl
โข Oxycodone
โข Methadone
โข Morphine
โข Hydrocodone
โข Propoxyphene
โข Others
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/Homecontroller/buyReport
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ฉ๐ข๐จ๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Upgrade your market research resources with this comprehensive and accurate report on the Opioid Market Report.
โข Get Detail understanding of market scenarios and future market situations to prepare for rising above the challenges and ensuring strong growth.
โข The report offers in-depth research and various tendencies of the Opioid Market Report.
โข It provides a detailed analysis of changing market trends, current and future technologies used, and various strategies adopted by leading players of the Opioid Market Report.
โข It offers recommendations and advice for new entrants of the Opioid Market Report and carefully guides established players for further market growth.
โข Apart from the newest technological advances in the Opioid Market Report, it brings to light the future plans of dominant players in the industry.
๐ ๐๐'๐ฌ:
โข What are the key factors impacting the Opioid Market?
โข Which companies play a major role as primary contributors in this industry?
โข What opportunities, risks, and overall structure characterize the market?
โข How do the leading Opioid Market companies compare in terms of sales, revenue, and pricing?
โข Who are the distributors, traders, and dealers serving in the Opioid Market?
โข How are market types, applications, and transactions explored in terms of deals, revenue, and value?
โข What implications do assessments of agreements, income, and value hold for a business area?
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/opioid-market
๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐๐๐ซ๐๐๐ฅ๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/wearable-technology-market
๐๐ซ๐ข๐ฆ๐ ๐๐ข๐ฌ๐ค ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/crime-risk-report-market
๐ ๐๐ฌ๐ก๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฎ๐๐ง๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/fashion-influencer-marketing-market
๐๐ซ๐จ๐ฐ๐๐๐ฎ๐ง๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/crowdfunding-market
๐๐๐ ๐๐๐๐ก ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/regtech-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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.
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