Opioids Market: Assessing Revenue Contributors and Future Growth Prospects | AstraZeneca, Purdue Pharma, Sanofi, Endo Pharmaceuticals
Opioids Market– Global Outlook and Forecast 2023-2030 is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2030). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global Opioids Market. Some of the key players profiled in the study are Mallinckrodt Pharmaceuticals, Sanofi, Endo Pharmaceuticals, C.H. Boehringer Sohn Ag and Ko. Kg, Pfizer, Sun Pharmaceuticals, Teva Pharmaceuticals, Johnson & Johnson, AstraZeneca, Purdue Pharma. The global Opioids market is estimated to reach $6.1 billion by 2030, growing at a CAGR of 3.2% from 2021 to 2030.
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Opioids Market Outlook 2020-2030
The oxycodone segment emerged as the primary revenue contributor in 2020 and is poised to maintain its dominance during the forecast period. The global intake of opioids for pain management fuels this trend. Conversely, the fentanyl segment is expected to experience the fastest market growth. The rising use of fentanyl for treating severe pain after surgeries is driving this surge.
In terms of application, the pain management segment holds the largest share in the opioids market and is projected to retain its dominance throughout the forecast period. This segment is anticipated to exhibit a notable growth rate due to the increasing prevalence of chronic headaches, migraines, and backaches worldwide. Consequently, the demand for opioids has surged, fostering market growth.
North America accounted for over 45.23% of the global market share in 2020 and is expected to maintain its leading position. Factors contributing to this include the growing demand for opioid drugs, increased healthcare expenditures, and a rise in the number of surgeries. Meanwhile, the Asia-Pacific region is projected to register the highest compound annual growth rate (CAGR) of 3.5% during the forecast period. This growth can be attributed to the rising incidence of diseases such as migraines, arthritis, and cancer-related pain in the population, as well as an aging demographic. Additionally, increased healthcare expenditure in the region presents a lucrative opportunity for market expansion.
Marketing Communication and Sales Channel
Understanding “marketing effectiveness” on a continual basis, help determine the potential of advertising and marketing communications and allow to use of best practices to utilize untapped audience. In order to make marketers make effective strategies and identify why the target market is not giving attention, we ensure the Study is Segmented with appropriate marketing & sales channels to identify potential market size by value & Volume* (if Applicable).
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The segments and sub-section of Opioids market is shown below:
By Product Type: Methadone, Codeine, Fentanyl, Oxycodone, Morphine, Hydrocodone, Others
By Application: Pain Management, Cough Treatment, Diarrhea Treatment
Some of the key players involved in the Market are: Mallinckrodt Pharmaceuticals, Sanofi, Endo Pharmaceuticals, C.H. Boehringer Sohn Ag and Ko. Kg, Pfizer, Sun Pharmaceuticals, Teva Pharmaceuticals, Johnson & Johnson, AstraZeneca, Purdue Pharma.
Important years considered in the Opioids study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2030 [** unless otherwise stated]
If opting for the Global version of Opioids Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Introduction about Opioids Market
Opioids Market Size (Sales) Market Share by Type (Product Category)
Opioids Market by Application/End Users
Opioids Sales (Volume) and Market Share Comparison by Applications
Global Opioids Sales and Growth Rate (2020-2030)
Opioids Competition by Players/Suppliers, Region, Type, and Application
Opioids (Volume, Value, and Sales Price) table defined for each geographic region defined.
Opioids Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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