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Growing Surgical Procedures Fueling Demand In The Opioids Market Driver: A Major Catalyst in the Evolution of the Opioids Market in 2025
Opioids Market Driver
The escalation in the number of surgical operations is anticipated to enhance the growth momentum of the opioids market. Defined as medical procedures necessitating an incision and typically involving an operating room and the use of anesthetics or breathing aids,
surgical procedures often make use of opioids as pain management and as supplementary anesthetic agents or even primary anesthetics. For example, data from the France-based Organization for Economic Co-operation and Development in August 2023 revealed an 8.4% increase in cataract surgery procedures in the Czech Republic, from 131,612 in 2021 to 142,670 in 2022. Additionally, in Turkey, laparoscopic repairs of inguinal hernia surgeries saw a 35.2% surge from 18,739 in 2021 to 25,348 in 2022. With these increasing numbers, the opioids market is set to witness remarkable growth. The growth of the opioids market is also projected to be driven by the continuing rise in the prevalence of chronic diseases. Chronic health issues, also recognized as non-communicable diseases, are slow-progressing, long-term medical conditions that often endure for extended periods, years or even lifetimes, and generally do not disappear independently. As more people suffer from chronic diseases and chronic pain, the demand for opioids escalates. The application of opioids in chronic disease management is a complex and progressing aspect of medicine, which effectively alleviates pain. As per the data from the World Health Organization in September 2022, there were 41 million deaths worldwide every year, which 74% were due to non-communicable or chronic diseases. These included 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million from diabetes. Hence, the persistent rise in chronic diseases fuels the growth of the opioids market.
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How will the growth rate of the opioids market shape industry trends by 2034?
The steady growth of the opioids market size in the recent years is noticeable. It is projected to increase from $23.54 billion in 2024 to $24.22 billion in 2025, showing a compound annual growth rate (CAGR) of 2.9%. The historical growth trajectory is mainly due to factors like pain management, surgical procedures, palliative care, and regulatory environment.
In the coming years, a stable expansion is anticipated for the opioids market. The market value is projected to reach $27.62 billion by 2029, with a cumulative annual growth rate (CAGR) of 3.3%. Factors contributing to this growth during the forecast period could include non-cancer pain indications, alterations in regulations, the application of telemedicine and remote prescribing, and management of chronic pain. Main trends expected during this forecast period are strategies to spare opioid consumption, medication-assisted treatment (MAT), risk reduction measures, and initiatives of public health.
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What trends are poised to drive the future success of the opioids market?
Principal firms in the opioid market are prioritizing the innovation of advanced pharmaceutical solutions to strengthen their standing. The development of new drugs can address various ailments, advancing overall healthcare and scientific comprehension. For example, Braeburn Pharmaceuticals Inc., a United States-based company specializing in solutions for opioid addiction, announced in May 2023 that its Brixadi (buprenorphine) extended-release injectable received approval from the US Food and Drug Administration for subcutaneous (under the skin) use to treat moderate to severe opioid use disorder (OUD). This is the first and only subcutaneous injection available on a weekly and monthly basis for treating moderate to severe OUD, and it is the first buprenorphine injectable product to utilize FluidCrystal Injection Depot Technology. As per prescription instructions, patients currently taking oral buprenorphine medication can be switched to equivalent doses.
Which primary segments of the opioids market are driving growth and industry transformations?
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, Tramado*l, Other Combination Products
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Which geographical regions are pioneering growth in the opioids market?
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.
Who are the influential players reshaping the opioids market landscape?
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.
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What Is Covered In The Opioids Global Market Report?
•Market Size Forecast: Examine the opioids market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the opioids market for a structured understanding.
•Key Players Overview: Analyze major players in the opioids market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the opioids market.
•Segment Contributions: Evaluate how different segments drive overall growth in the opioids market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the opioids market.
•Industry Challenges: Identify potential risks and obstacles affecting the opioids market.
•Competitive Landscape: Review strategic developments in the opioids market, including expansions, agreements, and new product launches.
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