
Global Opioids Market Size, Trends & Growth Opportunity, By Application, Product Type, By Route of Administration, By Distribution Channel, By Region and Forecast Till 2027.
Description
Global Opioids Market Size, Trends & Growth Opportunity, By Application, Product Type, By Route of Administration, By Distribution Channel, By Region and forecast till 2027.
Global Opioids Market
Global Opioids Market was valued at US$ 42,429 Mn in 2021 and would rocket up to US$ 50,432 Mn by 2027 at a CAGR 2.8% from 2022-2027.
Opioids are the medication utilized for the treatment of severe or continuous pain such as chronic headaches, backaches, by patients either recovering from surgery or undergoing severe pain associated with cancer, and by adults and children who got injured playing sports or those who have been severely injured in fall, auto accident or other incidents. Opioids are also called as narcotics. Physicians prescribe various types of Opioids in different strengths that can be consumed in various forms, according to the patient, the situation, and the Type and level of pain. Even though some Opioids are used to treat cough & diarrhea.
Market Drivers
Many people suffering with chronic pains globally which is anticipated to drive the growth of global opioid market. The key elements which drive the growth of market involve the rise in admistration of these drugs to reduce pain & increase in the geriatric population which ids majorly susceptible to orthopedic pain. Growing consumption of opioids analgesic for pain management in developing regions is expected to make profitable opportunities for market growth during the forecast period.
Market Restraints
Origination and validation of cannabis as an alternative to opioids hamper the growth of the market. Side effects associated with opioids are expected to impede to market growth over the forecast period. Side effect of opioids such as patient may suffer from constipation, nausea & vomiting when patient starts consuming opioids which restraints the growth of Opioids market. Also, market players are concentrating on launching non-opioid pain treatment products which is responsible for restraints the market growth.
Market Segmentation
The Global Opioids Market is segmented into Product Type, Route of Administration, Distribution Channel, Application. By Product Type such as Methadone, Codeine, Fentanyl, Oxycodone, Morphine, Hydrocodone, Others. By Rout of Administration such as Oral, Topical, Parenteral, Others. By Distribution Channel such as Hospital Pharmacies, Retail Pharmacies, Online Pharmacies. By Application such as Pain Management, Cough Treatment, Diarrhea Treatment.
Regional Analysis
The Global Opioids Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to hold superior position in the Global Opioids Market during the forecast period due to rising number of product approvals by regulatory authorities. US has largest market for Opioids due to strong healthcare infrastructure, high medical care accessibility, and strong presence of local players. Canada is anticipated to witness significant growth in the market because of high spending in public health infrastructure, government initiatives, decrease in medication costs, and growing healthcare expenditure per capita.
Key Players
Various Key Players are listed in this report such as Teva Pharmaceutical Industries Ltd., Johnson & Johnson, Endo International plc, Lupin Limited, Cadila Healthcare Limited, Purdue Pharma L.P., AbbVie Inc., Fresenius Kabi, Mallinckrodt Pharmaceuticals, Pfizer Inc.,
Market Taxonomy
By Product Type
Global Opioids Market
Global Opioids Market was valued at US$ 42,429 Mn in 2021 and would rocket up to US$ 50,432 Mn by 2027 at a CAGR 2.8% from 2022-2027.
Opioids are the medication utilized for the treatment of severe or continuous pain such as chronic headaches, backaches, by patients either recovering from surgery or undergoing severe pain associated with cancer, and by adults and children who got injured playing sports or those who have been severely injured in fall, auto accident or other incidents. Opioids are also called as narcotics. Physicians prescribe various types of Opioids in different strengths that can be consumed in various forms, according to the patient, the situation, and the Type and level of pain. Even though some Opioids are used to treat cough & diarrhea.
Market Drivers
Many people suffering with chronic pains globally which is anticipated to drive the growth of global opioid market. The key elements which drive the growth of market involve the rise in admistration of these drugs to reduce pain & increase in the geriatric population which ids majorly susceptible to orthopedic pain. Growing consumption of opioids analgesic for pain management in developing regions is expected to make profitable opportunities for market growth during the forecast period.
Market Restraints
Origination and validation of cannabis as an alternative to opioids hamper the growth of the market. Side effects associated with opioids are expected to impede to market growth over the forecast period. Side effect of opioids such as patient may suffer from constipation, nausea & vomiting when patient starts consuming opioids which restraints the growth of Opioids market. Also, market players are concentrating on launching non-opioid pain treatment products which is responsible for restraints the market growth.
Market Segmentation
The Global Opioids Market is segmented into Product Type, Route of Administration, Distribution Channel, Application. By Product Type such as Methadone, Codeine, Fentanyl, Oxycodone, Morphine, Hydrocodone, Others. By Rout of Administration such as Oral, Topical, Parenteral, Others. By Distribution Channel such as Hospital Pharmacies, Retail Pharmacies, Online Pharmacies. By Application such as Pain Management, Cough Treatment, Diarrhea Treatment.
Regional Analysis
The Global Opioids Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to hold superior position in the Global Opioids Market during the forecast period due to rising number of product approvals by regulatory authorities. US has largest market for Opioids due to strong healthcare infrastructure, high medical care accessibility, and strong presence of local players. Canada is anticipated to witness significant growth in the market because of high spending in public health infrastructure, government initiatives, decrease in medication costs, and growing healthcare expenditure per capita.
Key Players
Various Key Players are listed in this report such as Teva Pharmaceutical Industries Ltd., Johnson & Johnson, Endo International plc, Lupin Limited, Cadila Healthcare Limited, Purdue Pharma L.P., AbbVie Inc., Fresenius Kabi, Mallinckrodt Pharmaceuticals, Pfizer Inc.,
Market Taxonomy
By Product Type
- Methadone
- Codeine
- Fentanyl
- Oxycodone
- Morphine
- Hydrocodone
- Others.
- Oral
- Topical
- Parenteral
- Others
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Pain Management
- Cough Treatment
- Diarrhea Treatment.
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Contents
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Opioids Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Opioids Market, By Product Type
- 5.1 Y-o-Y Growth Comparison, By Product Type
- 5.2 Global Opioids Market Share Analysis, By Product Type
- 5.3 Global Opioids Market Size and Forecast, By Product Type
- 5.3.1 Methadone
- 5.3.2 Codeine
- 5.3.3 Fentanyl
- 5.3.4 Oxycodone
- 5.3.5 Morphine
- 5.3.6 Hydrocodone
- 5.3.7 Others.
- 6 Global Opioids Market, By Route of Administration
- 6.1 Y-o-Y Growth Comparison, By Route of Administration
- 6.2 Global Opioids Market Share Analysis, By Route of Administration
- 6.3 Global Opioids Market Size and Forecast, By Route of Administration
- 6.3.1 Oral
- 6.3.2 Topical
- 6.3.3 Parenteral
- 6.3.4 Others
- 7 Global Opioids Market, By Distribution Channel
- 7.1 Y-o-Y Growth Comparison, By Distribution Channel
- 7.2 Global Opioids Market Share Analysis, By Distribution Channel
- 7.3 Global Opioids Market Size and Forecast, By Distribution Channel
- 7.3.1 Hospital Pharmacies
- 7.3.2 Retail Pharmacies
- 7.3.3 Online Pharmacies
- 8 Global Opioids Market, By Application
- 8.1 Y-o-Y Growth Comparison, By Application
- 8.2 Global Opioids Market Share Analysis, Application
- 8.3 Global Opioids Market Size and Forecast, By Application
- 8.3.1 Pain Management
- 8.3.2 Cough Treatment
- 8.3.3 Diarrhea Treatment.
- 9 Global Opioids Market, By Region
- 9.1 Global Opioids Market Share Analysis, By Region
- 9.2 Global Opioids Market Share Analysis, By Region
- 9.3 Global Opioids Market Size and Forecast, By Region
- 10 North America Opioids Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 North America Opioids Market Share Analysis, By Product Type
- 10.3 North America Opioids Market Share Analysis, By Route of Administration
- 10.4 North America Opioids Market Size and Forecast, By Distribution Channel
- 10.5 North America Opioids Market Size and Forecast, By Application
- 10.6 North America Opioids Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.2 Canada
- 10.6.3 Mexico
- 11 Europe Opioids Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Europe Opioids Market Share Analysis, By Product Type
- 11.3 Europe Opioids Market Share Analysis, By Route of Administration
- 11.4 Europe Opioids Market Size and Forecast, By Distribution Channel
- 11.5 Europe Opioids Market Size and Forecast, By Application
- 11.6 Europe Opioids Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.2 France
- 11.6.3 UK
- 11.6.4. Rest of Europe
- 12 Asia Pacific Opioids Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Asia Pacific Opioids Market Share Analysis, By Product Type
- 12.3 Asia Pacific Opioids Market Share Analysis, By Route of Administration
- 12.4 Asia Pacific Opioids Market Size and Forecast, By Distribution Channel
- 12.5 Asia Pacific Opioids Market Size and Forecast, By Application
- 12.6 Asia Pacific Opioids Market Size and Forecast, By Country
- 12.6.1 China
- 12.7.2 Japan
- 12.8.3 India
- 12.8.4. Rest of Asia Pacific
- 13 Latin America Opioids Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Latin America Opioids Market Share Analysis, By Product Type
- 13.3 Latin America Opioids Market Share Analysis, By Route of Administration
- 13.4 Latin America Opioids Market Size and Forecast, By Distribution Channel
- 13.5 Latin America Opioids Market Size and Forecast, By Application
- 13.6 Latin America Opioids Market Size and Forecast, Country
- 13.6.1. Brazil
- 13.6.2. Rest of Latin America
- 14 Middle East Opioids Market Analysis and Forecast (2022-2027)
- 14.1 Introduction
- 14.2 Middle East Opioids Market Share Analysis, By Product Type
- 14.3 Middle East Opioids Market Share Analysis, By Route of Administration
- 14.4 Middle East Opioids Market Size and Forecast, By Distribution Channel
- 14.5 Middle East Opioids Market Size and Forecast, By Application
- 14.6 Middle East Opioids Market Size and Forecast, By Country
- 14.6.1. Saudi Arabia
- 14.6.2. UAE
- 14.6.3. Egypt
- 14.6.4. Kuwait
- 14.6.5. South Africa
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 Teva Pharmaceutical Industries Ltd
- 16.1.1 Overview
- 16.1.2 Products
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Johnson & Johnson
- 16.2.1 Overview
- 16.2.2 Products
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3 Endo International plc
- 16.3.1 Overview
- 16.3.2 Products
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4 Lupin Limited
- 16.4.1 Overview
- 16.4.2 Products
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 Cadila Healthcare Limited
- 16.5.1 Overview
- 16.5.2 Products
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 Purdue Pharma L.P
- 16.6.1 Overview
- 16.6.2 Products
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 AbbVie Inc.
- 16.7.1 Overview
- 16.7.2 Products
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 Fresenius Kabi
- 16.8.1 Overview
- 16.8.2 Products
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 Mallinckrodt Pharmaceuticals
- 16.9.1 Overview
- 16.9.2 Products
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10 Pfizer Inc.
- 16.10.1 Overview
- 16.10.2 Products
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.