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Key Influencer in the Opioids Market 2025: Growing Surgical Procedures Fueling Demand In The Opioids Market Driver
Opioids Market Report
The opioids market has grown steadily in recent years. It is projected to grow from $23.54 billion in 2024 to $24.22 billion in 2025, at a CAGR of 2.9%. The market growth is due to the ongoing need for pain management, surgical procedures, palliative care, and the regulatory environment surrounding opioids.
The opioids market is expected to experience steady growth, reaching $27.62 billion by 2029 at a CAGR of 3.3%. Growth is driven by non-cancer pain indications, regulatory changes, telemedicine, and chronic pain management. Major trends include opioid-sparing strategies, medication-assisted treatment, risk mitigation, and public health initiatives.
What Factors Are Propelling the Expansion of the Opioids Market?
The rising number of surgical procedures is expected to drive the growth of the opioid market in the years ahead. Surgical procedures involve invasive medical interventions, often requiring anesthetic support and post-operative pain management. Opioids are widely used in such cases for pain relief and as anesthesia adjuncts. For example, in August 2023, the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, reported an 8.4% increase in cataract surgeries in the Czech Republic, rising from 131,612 procedures in 2021 to 142,670 in 2022. Additionally, laparoscopic repairs of inguinal hernias in Turkey surged by 35.2%, from 18,739 in 2021 to 25,348 in 2022. Therefore, the increasing volume of surgical procedures is driving the opioid market.
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Which Businesses Are at the Forefront of Opioids Market Development?
Major companies operating in the opioids market are Pfizer Inc., Johnson & Johnson Inc., AbbVie Inc., Sanofi S.A, AstraZeneca PLC, Viatris Inc., Teva Pharmaceutical Industries Limited, Sandoz Inc., Sun Pharmaceutical Industries Limited, Aurobindo Pharma Limited, Purdue Pharma L.P., Dr. Reddy's Laboratories Ltd., Hikma Pharmaceuticals PLC, Endo Pharmaceuticals Inc., Amneal Pharmaceuticals Inc., Mallinckrodt Pharmaceuticals PLC, Alkermes PLC, Lannett Co Inc., Par Pharmaceutical Inc., Mayne Pharma Group Ltd., Cephalon LLC, Insys Therapeutics Inc., Janssen Pharmaceuticals Inc., Rhodes Pharmaceuticals L.P, KVK Tech Inc.
What Are the Latest Innovations in the Opioids Market?
Leading firms in the opioid market are focusing on developing advanced drug solutions to strengthen their position. The discovery of new medications plays a crucial role in treating diseases and advancing healthcare knowledge. For instance, in May 2023, Braeburn Pharmaceuticals Inc., a US-based provider of opioid addiction treatments, announced that the US FDA approved Brixadi (buprenorphine) extended-release injection for subcutaneous administration to manage moderate to severe opioid use disorder (OUD). It is the first and only weekly and monthly subcutaneous injection for moderate to severe OUD and the first buprenorphine injectable utilizing FluidCrystal Injection Depot Technology. Patients transitioning from oral buprenorphine medications can receive corresponding doses per medical guidance.
How Is the Opioids Market Segmented?
The opioids market covered in this report is segmented -
1) By Product Type: Methadone, Codeine, Fentanyl, Oxycodone, Morphine, Hydrocodone, Other Product Types
2) By Receptor Binding: Strong Agonist, Mild To Moderate Agonist
3) By Basis Of Indication: Inflammatory Condition, Musculoskeletal Pain, Neuropathic Pain, Cancer Pain
4) By Distribution Channel: Hospital, Retail Pharmacies, Online Pharmacies
5) By Application: Pain Management, Cough Treatment, Diarrhea Treatment
Subsegments:
1) By Methadone: Methadone Tablets, Methadone Oral Solution
2) By Codeine: Codeine Phosphate Tablets, Codeine Liquid Formulations
3) By Fentanyl: Fentanyl Patch, Fentanyl Injection, Fentanyl Sublingual Tablets
4) By Oxycodone: Oxycodone Tablets, Oxycodone Extended-Release Formulations
5) By Morphine: Morphine Sulfate Tablets, Morphine Injection, Morphine Extended-Release Capsules
6) By Hydrocodone: Hydrocodone/Acetaminophen Tablets, Hydrocodone Liquid Formulations
7) By Other Product Types: Buprenorphine, Other Combination Products
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Where Is the Opioids Market Growth Most Prominent?
North America was the largest region in the opioids market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in opioids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is Covered In The Opioids Global Market Report?
- Market Size Analysis: Analyze the Opioids Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Opioids Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Opioids Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Opioids Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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