The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Opioid Use Disorder Global Market Report 2023, the opioid use disorder market is expected to show significant growth in the forecast period.

Key insights from the opioid use disorder market forecast include:

1. Market Size

The worldwide opioid use disorder market is projected to increase from $3.17 billion in 2022 to $3.53 billion in 2023, with an 11.4% CAGR. It is anticipated to reach $5.37 billion in 2027, maintaining an 11% CAGR.

2. Major Driver

The increasing opioid addiction cases drive the opioid use disorder (OUD) market. Opioid addiction is a chronic, harmful medical condition marked by compulsive opioid use. For example, in May 2022, the Centers for Disease Control and Prevention reported a 15% rise in opioid overdose deaths in the USA, reaching 80,816 in 2021 from 70,029 in 2020, emphasizing the market’s growth linked to rising addiction cases.

View More On The Opioid Use Disorder Market Report 2023 – https://www.thebusinessresearchcompany.com/report/opioid-use-disorder-oud-global-market-report

3. Key Trend

Innovative product development is a prominent trend in the opioid use disorder (OUD) market. Leading companies in this field are creating novel products to maintain their market position. For example, in May 2023, the U.S. Food and Drug Administration, a federal agency in the United States, authorized Brixadi (buprenorphine) extended-release injection for treating moderate to severe OUD. Brixadi offers two dosage options: a weekly injection for certain patients and a monthly version for others already on the medication.

4. Largest Region

North America was the largest region in the opioid use disorder (OUD) market in 2022.

5. Major Players

Major players in the opioid use disorder (oud) market are Pfizer Inc., Novartis AG, AstraZeneca plc., Viatris Inc., Teva Pharmaceutical Industries Ltd., Chiesi Pharmaceuticals S.p.A., Hikma Pharmaceuticals Plc., Mallinckrodt Pharmaceuticals, Indivior Plc., Knight Therapeutics Inc., Purdue Pharma L.P, Alkermes Inc., Collegium Pharmaceutical Inc., Vanda Pharmaceuticals Inc., Camurus AB, Tris Pharma Inc., Mylan NV., Orexo US Inc., Zogenix Inc., Rhodes Pharmaceuticals L.P., Omeros Corporation, Braeburn Pharmaceuticals Inc., Adapt Pharma Inc., Titan Pharmaceuticals Inc., BioDelivery Sciences International Inc., Insys Therapeutics Inc., MediciNova Inc., Cara Therapeutics Inc., AcelRx Pharmaceuticals Inc., and KemPharm Inc.

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Key Opioid Use Disorder Market Segments
The global opioid use disorder market is segmented –
1) By Drug Type: Buprenorphine, Naltrexone, Methadone
2) By Route of Administration: Oral, Parenteral
3) By Age Group: 19 To 40, 41 To 60, 61 And Over
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies And Stores, Online Pharmacies

The Opioid Use Disorder Global Market Report 2023  provides an in-depth analysis on the opioid use disorder market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the opioid use disorder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Anemia And Other Blood Disorder Drugs Global Market Report 2023
Neurodegenerative Disorder Therapeutics Global Market Report 2023
Bipolar Disorder Therapeutics Global Market Report 2023

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