The global Opioid Use Disorder Market size was valued at USD 2,700 million in 2021 and is projected to reach around USD 5,200 million in 2030 exhibiting a CAGR of 8.5% in the forecasted period.The report covers all information about the global and regional markets, including historical and future trends for market dominance, size, trades, supply, competitors, and prices, as well as key vendor information across the globe. Forecast market information, SWOT analysis, Opioid Use Disorder market scenario, and feasibility study are important aspects in this report.
Every year, the number of cases of opioid addiction rises quickly, elevating opioid dependence to a major public health concern. Opioid use disorder (OUD) is a chronic illness that can be treated and impact people of any age, gender, or socioeconomic background. Opioids are synthetic, semi-synthetic, or natural substances that interact with the body's and the brain's opioid receptors to lessen pain perception. Prescription opioids are intended to treat a variety of pain conditions, including acute pain following surgery or injury, chronic pain, palliative care, active-phase cancer treatment, and end-of-life care.
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Companies Covered: Opioid Use Disorder Market:
- AstraZeneca
• Braeburn
• Dr. Reddy
• Orexo AB
• Titan Pharmaceuticals, Inc.
• Pear Therapeutics
• Reckitt Benckiser Pharmaceuticals Inc.
• Mallinckrodt Pharmaceuticals
• BioDelivery Sciences International Inc.
• Viatris Inc. (Mylan N.V.)
• Hikma Pharmaceuticals PLC
• Camurus
• Other players
These companies have the potential to drive market growth through various strategies. They can focus on offering innovative and high-performance products, taking advantage of advancements in technology. Additionally, expanding their distribution channels to target new customers would be beneficial. Strategic partnerships and collaborations can also be pursued to strengthen market presence and enhance competitiveness.
Global Opioid Use Disorder Market Segmentation:
By Type
• Buprenorphine
o Bunavail
o Sublocade
o Suboxone
o Zubsolv
o Others
• Methadone
• Naltrexone
By Drug Type
• Agonist
• Antagonist
By Age Group
• 19 to 39
• 40 to 59
• Age 60 and Over
By Route of Administration
• Oral
• Intravenous
• Sublingual
By Distribution Channel
• Hospital pharmacy
• Retail Pharmacy
• Online Pharmacy
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
Driving Factors:
Patients with severe and chronic illnesses like cancer, heart disease, back pain from accidents, and other conditions are becoming more and more common. These conditions often result in chronic pain that is managed with medication, mostly opioids. The patient is more prone to develop a drug addiction even when the discomfort subsides. These medications exacerbate dependence, and abrupt stopping could cause the patient to experience withdrawal symptoms. Furthermore, a significant factor propelling market growth is the increasing engagement of governmental and non-governmental organizations in promoting consciousness regarding opioid overdose and its related ramifications. Due to the significant increase in the number of opioid users, several organizations are adopting a more all-encompassing approach to treating the issue. Numerous nations have stepped up their efforts to assist patients.
Key Benefits For Stakeholders: The present study offers a quantitative examination of the market segments, prevalent trends, estimations, and dynamics of the opioid use disorder market analysis, spanning the years 2021 to 2030. The objective is to determine the prevailing market potential.
- Information about the main drivers, obstacles, and opportunities is provided with the market study.
- The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is highlighted by Porter's five forces analysis.
- To ascertain the current market prospects, a thorough research of the opioid use disorder market segmentation is helpful.
- The revenue contribution of the major nations in each region to the global market is plotted out.
- Market players' current positions are clearly understood because to their positioning, which also makes benchmarking easier.
Opioid Use Disorder Market Regional Insights:
The report provides a comprehensive examination of the factors driving growth, constraints, future prospects, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.
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The research includes historical data from 2018 to 2023 and forecasts until 2033, making the report valuable to industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders in clearly presented tables Together, we are looking for documents that are easily accessible graph.
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