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Opioid Use Disorder Market Grow at CAGR of 8.7%, Globally Size $4,911.8 Million by 2028 | Indivior, Alkermes, Orexo AB

December 14th, 2021 Coherent Market Insights Releases

Market Overview:

Opioids are a class of drugs that act on opioid receptors. They produce morphine-like effects, which makes them commonly used for pain relief and anesthesia. However, they can also cause dangerous side effects. Because of this, it is important to understand the risks of using them. Here are a few reasons why individuals should never take an opioid. Contrary to popular belief, less quantity of opioids do not have any addictive properties and can be used safely. Depending on the strength of opioids, side effects can range from mild to severe. Some symptoms of an overdose may include shallow breathing, slowed heartbeat, and loss of consciousness. If anyone experiences any of these symptoms, they need to contact a doctor immediately.

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Competitive Landscape:

Major players operating in the global opioid use disorder market include Omeros, Camurus, Orexo, MediciNova, Teva Pharmaceuticals, Hikma Pharmaceuticals, Titan Pharmaceuticals, Alkermes, and Indivior.

Key Market Drivers:

The increasing production of opiates in the world is expected to augment the growth of the global opioid use disorder market. For instance, according to United Nations Office on Drugs and Crime, opiates producers in Afghanistan contributed to around 93% of the global market. It is important to note that the risks of overdose are great when someone is taking an opioid, even if it is prescribed by a doctor. In addition to causing respiratory depression, opioids can cause serious respiratory depression. While they may have a relatively low risk of causing death, this side effect is not worth the risk of a life-threatening overdose. It is best to seek medical attention if users notice any of these side effects. Increasing demand for morphine in the world is estimated to enhance the growth of the global opioid use disorder market.

Covid-19 Impact Analysis:

During the COVID-19 pandemic, the increasing focus on the rapidly spreading virus has reduced the focus on other medical issues, which affected the growth of the global opioid use disorder market.  Moreover, increasing challenges such as lockdown measures, and transport restrictions have also restrained the market growth.

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Key Takeaways:

The size of the global opioid use disorder market was assessed at around US$ 2.52 billion in 2020, owing to product and service launches by key market players. For instance, according to June 2020, Titan Pharmaceuticals Inc., and Indigene entered into a partnership, in order to establish a multi-channel digital campaign in the U.S. for patients addicted to opioids.

North America is expected to dominate the growth of the global opioid use disorder market, owing to the increasing prevalence of opioid addiction in the region. For instance, according to MedlinePlus, prescription opioids and heroin affects over 2 million US individuals.

The Asia Pacific is estimated to witness high growth in the global opioid use disorder market, owing to increasing campaigns launched by government bodies for combating opioid addiction. The presence of key market players in the region is assessed to fuel the growth of the market.

Detailed Segmentation:

Global Opioid Use Disorder Market, By Drug Type:

    • Buprenorphine
    • Methadone
    • Naltrexone
    • Others

Global Opioid Use Disorder Market, By Route of Administration:

    • Oral
    • Parenteral

Global Opioid Use Disorder Market, By Distribution Channel:

    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Pharmacies

𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐎 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐓𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏

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Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Opioid Use Disorder Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Opioid Use Disorder Industry Impact

Chapter 2 Opioid Use Disorder Competition by Types, Applications, and Top Regions and Countries
2.1 Opioid Use Disorder (Volume and Value) by Type
2.3 Opioid Use Disorder (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Opioid Use Disorder Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Opioid Use Disorder Market Analysis
Chapter 6 East Asia Opioid Use Disorder Market Analysis
Chapter 7 Europe Opioid Use Disorder Market Analysis
Chapter 8 South Asia Opioid Use Disorder Market Analysis
Chapter 9 Southeast Asia Opioid Use Disorder Market Analysis
Chapter 10 Middle East Opioid Use Disorder Market Analysis
Chapter 11 Africa Opioid Use Disorder Market Analysis
Chapter 12 Oceania Opioid Use Disorder Market Analysis
Chapter 13 South America Opioid Use Disorder Market Analysis
Chapter 14 Company Profiles and Key Figures in Opioid Use Disorder Business
Chapter 15 Opioid Use Disorder Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….

Related Market Intelligence Reports:

https://www.globenewswire.com/en/news-release/2021/07/27/2269570/0/en/Global-Polycythemia-Vera-Therapeutics-Market-to-Surpass-US-1-516-5-Million-by-2028-Says-Coherent-Market-Insights-CMI.html

https://www.globenewswire.com/en/news-release/2021/07/27/2269469/0/en/Global-Diabetic-Foot-Ulcer-Treatment-Market-to-Surpass-US-12-653-3-Million-by-2028-Owing-to-development-in-non-invasive-treatment-approach-Says-Coherent-Market-Insights-CMI.html

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact Us:

Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com

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