Press release
Opioids Market to Reach a Valuation of US$ 42,158.8 Million by 2021
By product type, the global opioids market is segmented into morphine, codeine, fentanyl, meperidine and methadone. Morphine segment was the largest contributor in overall opioids market, accounting for around 36% share in 2014. However, fentanyl segment is expected to register fastest CAGR of 4.7% during the forecast period. Synthetic opioids such as fentanyl, meperidine and methadone have lucrative growth opportunities in opioids market, owing to their potential application in opioid substitution treatment and fewer side effects as compared to natural opioids. By application, the global opioids market is segmented into analgesia, cough suppression, and diarrhea suppression. Analgesia segment comprises numerous conditions namely, anesthesia, surgical pain, injury or trauma, cancer pain and pain arising from diseases. The analgesia segment accounted for around 67% share in overall opioids market in 2014 and is expected to register fastest CAGR of 3.3% during the forecast period.
Global opioids market growth is mainly driven by increasing demand for opioids in non-cancer pain management, rising geriatric populations suffering from terminal conditions, uncontrolled prescription of opioids especially in North America, and increasing healthcare expenditure for post-surgical care. Moreover, increasing the incidence of trauma injuries, raising awareness about palliative care, higher efficacy of synthetic opioids and favorable reimbursement policies for post-operative care are fueling the growth of opioids market, globally. However, chronic side effects associated with long-term consumption, limited availability of opioids in Asia Pacific, Africa and certain countries in Europe, high level of abusive consumption and growing adoption for pain-free surgeries are likely to impede the growth of global opioids market to a certain extent. Also, the over-regulated environment for the commercial use of opioids especially in developing countries such as India and China and lack of awareness for palliative care in these countries is projected to hamper the growth of the opioids market to a large extent.
North America and Europe have been estimated to collectively account for over 85% revenue share of the total opioids market in 2015. Asia-Pacific is projected to be the fastest-growing market, owing to increasing awareness for cancer pain management, a presence of large patient pool suffering from terminal conditions and reformed regulatory guidelines for the prescription of opioids.
Global opioids market report begins with an overview of the global opioids market in terms of value. This section includes the detailed analysis of key trends, drivers and restraints, and opportunities, which are the main factors impelling growth of the opioids market. Impact analysis of key growth drivers and restraints based on the weighted average of each one of these factors in model-based approach is included in the opioids market report. The report provides a scrutinized information on the potential scope of Abuse Deterrent Formulations (ADF) with the help of pipeline analysis to better equip clients with crystal clear decision-making insights.
A Sample of this report is available upon request @ www.persistencemarketresearch.com/samples/3066
Key players operating in the global opioid market include Pfizer Inc., Purdue Pharma, Boehringer Ingelheim, Janssen Pharmaceuticals, Inc., Actavis Plc., Sanofi, Sun Pharmaceutical Industries Ltd., Mallinckrodt Pharmaceuticals, Endo Pharmaceuticals Inc. and Egalet. Companies are majorly focusing on the development of abuse-deterrent formulations, owing to increased abusive consumption of opioids. Companies are also collaborating with local manufacturers to gain maximum market share from their generic products.
To Buy Full Report for a Single User @ www.persistencemarketresearch.com/checkout/3066
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Opioids Market to Reach a Valuation of US$ 42,158.8 Million by 2021 here
News-ID: 542935 • Views: …
More Releases from Persistence Market Research
Fiber Reinforced Concrete Market to Grow from US$ 3.8 Billion in 2025 to US$ 5.9 …
The construction and infrastructure industry is undergoing rapid transformation, driven by urbanization, increased infrastructure investments, and growing demand for sustainable and high-performance materials. Fiber reinforced concrete (FRC) has emerged as a critical material in modern construction due to its superior mechanical properties and enhanced durability. FRC is a composite material created by incorporating fibrous materials such as steel, glass, synthetic, or natural fibers into conventional concrete.
Get a Sample PDF Brochure…
Mulch Film Market Projected to Reach US$ 10.7 Billion by 2032, Driven by Sustain …
The global mulch film market is witnessing a remarkable expansion, propelled by the growing demand for sustainable agricultural practices and increased crop productivity. According to the latest study by Persistence Market Research, the global mulch film market is anticipated to rise from US$ 6.5 billion in 2025 to US$ 10.7 billion by 2032, registering a CAGR of 7.4% from 2025 to 2032. This growth trajectory reflects the increasing adoption of…
Bonded Magnets Market: From US$ US$2,655.0 million to US$3,913.7 million by 2032 …
The global bonded magnets market is experiencing steady growth, driven by increasing adoption of high-performance permanent magnets across industries such as automotive, consumer electronics, industrial machinery, and renewable energy. Bonded magnets are manufactured by combining magnetic powders with polymer or elastomeric binders, which allows the production of complex geometries, lightweight components, and cost-effective alternatives to traditional sintered magnets. These properties make bonded magnets particularly suitable for applications that require compact…
Australia Lime Market Set to Reach US$435.1 Billion by 2032 Driven by Constructi …
Market Overview
The Australia lime market is witnessing consistent growth, fueled by the country's robust mining, construction, and infrastructure sectors. According to the latest study by Persistence Market Research, the market is projected to be valued at US$339.7 billion in 2025 and is expected to reach US$435.1 billion by 2032, expanding at a CAGR of 3.6% during the forecast period (2025-2032). The demand surge is primarily driven by the extensive use…
More Releases for Opioids
Key Influencer in the Opioids Market 2025: Growing Surgical Procedures Fueling D …
What Is the Forecasted Market Size and Growth Rate for the Opioids Market?
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…
The Opioids Market to grow with biosensors
The Opioids Market is ascertained to make greater strides in the future. The present-day and futuristic cutting-edge technology, namely IoT, AI, and Big Data operate better in a lightning-fast and reliable internet connection. The benefits of high-speed internet would be seen in telecare in the next 2-3 years, but going forward, more authentic data streams are likely to come up with better-connected devices, thereby revolutionizing the healthcare system.
Demand for synthetic…
Wearable Electronics to Revolutionize the Opioids Market
Opioids are a type of narcotic pain medication that is used to treat moderate to severe pains, such as traumatic pain, cough suppression, diarrhoea suppression, surgical pain, injuries, cancer pain, and pain arising due to chronic diseases. However, opioids have both, benefits as well as potentially severe risks of addiction. Opioids prescribed as pain relievers are usually safer if consumed for a short period of time. Long-term use can lead…
Global Opioids Market Outlook To 2026
Global Opioids Market Outlook To 2026: In-Depth Market Overview, Key Product Categories (Immediate-Release/Short-Acting, Extended-Release/Long-Acting, Codeine, Oxycodone, Hydrocodone, Fentanyl, Morphine, Hydroxymorphone, Oxymorphone, Propoxyphene, Methadone, Tapentadol, Buprenorphine), Application (Pain Relief, Cancer Pain, Post-Operative Pain Management, Low Back Pain, Orthopedic, Anesthesia, Neuropathic Pain, Fibromyalgia, Cough Suppression, Diarrhoea Suppression, De-Addiction), Regional Segmentation, Pricing Analysis, Pipeline Analysis, Competitive Dynamics, M&A Insights, Segment Forecast And Conclusion
The Opioids Market was valued at $xx.7Billion in 2018 and is…
Global Opioids Market Research Report
This report studies the global Opioids market status and forecast, categorizes the global Opioids market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Purdue Pharma L.P. West-Ward Pharmaceuticals Corporation Allergan Pfizer, Inc. Janssen Pharmaceuticals, Inc. Egalet Corporation Sun Pharmaceutical Industries Limited. Geographically,…
Opioids Market Research Report Forecast to 2025
Opioids are the most widely prescribed medications to treat moderate to severe chronic pain. These analgesics are used to manage pain in cancer patients and also to treat severe constant pain in patients suffering from terminal illnesses. These are generally administered via subcutaneous, oral and intramuscular routes; other routes of administration include nasal insufflations, patient controlled analgesia, transdermal and oral mucosa routes via lozenges. Opioids can be classified into three…
