Opioids Market Reports prime objective is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 50 major countries. Deep researches and analysis were done during the preparation of the report.
Opioids are powerful pain relievers that work by blocking the opioid receptors at the synapse in the brain. These opioids are mainly used for chronic pain, such as arthritis or post-surgery pain, and are now becoming more widely prescribed for non-cancerous acute pain. Although opioids are highly effective for providing temporary relief of severe and chronic pain, misuse of these drugs can result in a number of dangerous side effects, particularly if taken in greater quantities or for longer periods than is recommended. These may include respiratory depression, constipation, insomnia, dizziness, nausea, sexual dysfunction, aggression, suicide attempts, and an increased risk of substance abuse and dependence. However, when opioids are abused, or taken in very large quantities, they cause changes in the brain chemistry which result in the development of dependence upon them.
Get Sample PDF of Opioids Market Report @ https://www.worldwidemarketreports.com/sample/624331
The global opioids market size was valued at USD 29.4 billion in 2020 and is projected to expand at a CAGR of 3.9% during the forecast period 2027.
Top Key Players Covered in this Report: Purdue Pharma L.P., West-Ward Pharmaceuticals Corporation, Allergan, Pfizer, Inc., Janssen Pharmaceuticals, Inc., Egalet Corporation, Sun Pharmaceutical Industries Limited.
Impact of COVID-19 on Opioids Market Report
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Opioids market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
To Understand COVID -19 Impact on Opioids Market | Get Sample Copy of This Report @ https://www.worldwidemarketreports.com/covidimpact/624331
Type Covered in this Report
Immediate-Release/Short-Acting Opioid, Extended-Release/Long-Acting Opioid
Application Covered in this Report
Pain Relief, Anesthesia, Cough Suppression, Diarrhea Suppression, Deaddiction
The growing prevalence of chronic pain such as low back pain, cancer pain, and others is primarily fueling the growth of the opioids market. Moreover, increasing incidences of orthopedic diseases are again stimulating the growth of the market. According to the World Health Organization, around 1.71 billion people have musculoskeletal conditions worldwide. Among musculoskeletal disorders, low back pain causes the highest burden with a prevalence of 568 million people. Additionally, the growing geriatric population and increasing disposable income is again expected to foster the growth of the market. Furthermore, a growing number of surgeries is further expected to augment the growth of the market.
On the other hand, side effects such as vomiting, constipation, nausea, and sedation associated with overdose of opioids are expected to hinder the growth of the market over the forecast period.
If you have any queries related to the Opioids market report, you can ask our expert @
https://www.worldwidemarketreports.com/quiry/624331
Contact Us:
Mr. Shah
Worldwide Market Reports,
Tel: U.S. +1-415-871-0703 / U.K. +44-203-289-4040 / Japan +81-50-5539-1737
Email: sales@worldwidemarketreports.com
About WMR
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provides our diverse range of clients from across all industries with vital decision-making insights to plan and align their market strategies in line with current market trends.