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Orthopedic Disorder Surge Fuels Oxycodone Market Growth: A Significant Driver Propelling The Oxycodone Drugs Market In 2025
Oxycodone Drugs Market
What Is the Oxycodone Drugs Market Size and Projected Growth Rate?
The oxycodone drugs market has experienced strong growth over the years. It is forecasted to rise from $5.62 billion in 2024 to $6.04 billion in 2025, achieving a CAGR of 7.4%. Growth during past periods was influenced by marketing of oxycontin for chronic and cancer-related pain, increased prescriptions for non-cancer pain, and a post-war surge in synthetic opioid availability.
The oxycodone drugs market is expected to see strong growth in the coming years. It will reach $7.92 billion by 2029, growing at a CAGR of 7.0%. This growth is attributed to the rising prevalence of chronic pain, an increase in surgeries, ongoing development in product pipelines, advancements in drug delivery systems, and the aging population suffering from chronic pain. Key trends include the rising demand for abuse-deterrent formulations (ADFS), new drug delivery systems, the growing use of combination therapies, and technological advancements in manufacturing.
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What Are the Major Segments in the Oxycodone Drugs Market?
The oxycodone drugs market covered in this report is segmented -
1) By Drug Type: Short Acting Oxycodone, Long Acting Oxycodone
2) By Dosage Form: Tablets, Capsules, Injections
3) By Indication: Neuropathic Pain, Musculoskeletal Pain, Cancer Pain, Post Operative Pain, Other Indications
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Short Acting Oxycodone: Immediate-Release Oxycodone Tablets, Oxycodone Oral Solution
2) By Long Acting Oxycodone: Extended-Release Oxycodone Tablets, Oxycodone Controlled-Release Formulations
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What Are The Driving Oxycodone Drugs Market Evolution?
The oxycodone drug market is set to grow due to the rising burden of orthopedic disorders. As musculoskeletal conditions, including bone fractures and joint injuries, increase, the demand for pain management solutions like oxycodone drugs is also rising. The Institute for Health Metrics and Evaluation forecasts a significant rise in orthopedic disorder cases, further driving the demand for oxycodone.
Which Firms Dominate The Oxycodone Drugs Market Segments?
Major companies operating in the oxycodone drugs market are Pfizer Inc., Johnson & Johnson Services Inc., Viatris Inc., Teva Pharmaceutical Industries Ltd., Daiichi Sankyo Company Limited, Sun Pharmaceutical Industries Ltd., Purdue Pharma L.P, Endo International plc, Amneal Pharmaceuticals LLC, Mundipharma Pty Limited, Alkermes plc, Mallinckrodt Pharmaceuticals, Alvogen Group Inc., Collegium Pharmaceutical Inc., Lannett Company Inc., Acorda Therapeutics Inc., Camurus AB, Rhodes Pharmaceuticals L.P., KVK Tech Inc., Teikoku Pharma USA Inc., Manus Aktteva Biopharma LLP, Zyla Life Sciences
What Trends Are Driving Growth in The Oxycodone Drugs Market?
Major companies in the oxycodone drug market are innovating formulations such as immediate-release (IR) oxycodone tablets to minimize misuse through injection or nasal routes. These tablets offer fast-acting pain relief while resisting tampering. In July 2022, Protega Pharmaceuticals LLC, a US-based firm, introduced RoxyBond IR tablets in the US, approved by the FDA as an opioid agonist for severe pain. Its formulation incorporates anti-abuse features to discourage manipulation.
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Which Is The Largest Region In The Oxycodone Drugs Market?
North America was the largest region in the oxycodone drugs market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oxycodone drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Oxycodone Drugs Market?
2. What is the CAGR expected in the Oxycodone Drugs Market?
3. What Are the Key Innovations Transforming the Oxycodone Drugs Industry?
4. Which Region Is Leading the Oxycodone Drugs Market?
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What market dynamics are playing a key role in accelerating the growth of the oxycodone drugs market?
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