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

According to The Business Research Company’s Opioids Global Market Report 2023, the opioids market is expected to show promising growth in the forecast period.

The opioids market, characterized by its steady growth, plays a pivotal role in addressing pain management, surgical procedures, and palliative care. In 2023, the market size stood at $22.77 billion, set to grow to $23.54 billion in 2024 at a Compound Annual Growth Rate (CAGR) of 3.4%. The growth in the historic period is credited to factors like pain management, surgical procedures, palliative care, and a supportive regulatory environment. Looking ahead, the forecast anticipates continued growth to reach $26.51 billion in 2028 at a CAGR of 3.0%. Let’s delve into the driving forces, major trends, and key players shaping the future of the opioids market.

Growing Surgical Procedures Fueling Demand in the Opioids Market

• Surgical Procedures Overview
  • Medical treatments involving incisions in an operating room.
  • Often require anesthetics, with opioids used for pain management.
• Impact on Market Growth
  • Opioids crucial for treating pain during and after surgical procedures.
  • Anesthetic adjuncts or primary anesthetic agents in surgeries.
• Global Statistics
  • OECD reports an 8.4% increase in cataract surgeries in the Czech Republic.
  • Laparoscopic repairs of inguinal hernia surgeries in Turkey increased by 35.2%.
• Driving Force
  • The rising number of surgical procedures propels demand in the opioids market.

View More On The Opioids Market Report 2023 –
https://www.thebusinessresearchcompany.com/report/opioids-global-market-report

Innovative Drug Solutions Transforming the Opioid Market Landscape

• Innovation in Drug Solutions
  • Major companies focus on developing advanced drug solutions.
  • Aims to improve treatment efficacy and scientific knowledge.
• Case Study: Braeburn Pharmaceuticals Inc.
  • Brixadi (buprenorphine) extended-release injectable authorized by the FDA.
  • Utilizes FluidCrystal Injection Depot Technology.
  • Provides a subcutaneous option for moderate to severe opioid use disorder.
• Strategic Acquisitions
  • Companies actively engage in strategic acquisitions for portfolio enhancement.
  • Indivior’s acquisition of Opiant Pharmaceuticals strengthens its addiction treatment portfolio.

Indivior’s Strategic Acquisition of Opiant Pharmaceuticals Enhances Opioid Treatment Portfolio

• Acquisition Overview
  • Indivior PLC acquires Opiant Pharmaceuticals Inc. for $145 million.
  • Strengthens Indivior’s addiction treatment and science portfolio.
• Asset Focus: OPNT003
  • Opiant’s late-stage assets, particularly OPNT003, play a significant role.
  • Addresses opioid overdose and addiction, contributing to a comprehensive treatment platform.

Market Segmentation and Regional Trends

• Market Segmentation
  • By Product Type: Methadone, Codeine, Fentanyl, Oxycodone, Morphine, Hydrocodone, Others.
  • By Receptor Binding: Strong Agonist, Mild To Moderate Agonist.
  • By Basis Of Indication: Inflammatory Condition, Musculoskeletal Pain, Neuropathic Pain, Cancer Pain.
  • By Distribution Channel: Hospital, Retail Pharmacies, Online Pharmacies.
  • By Application: Pain Management, Cough Treatment, Diarrhea Treatment.
• Regional Trends
  • North America: Dominated the opioids market in 2023.
  • Asia-Pacific: Expected to be the fastest-growing region in the forecast period.

Request A Sample Of The Global Opioids Market Report 2023:
https://www.thebusinessresearchcompany.com/sample_request?id=13021&type=smp

The Opioids Global Market Report 2023  offers a comprehensive overview on the opioids market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the opioids 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.

The Table Of Content For The Opioids Market Include:
1. Opioids Market Executive Summary
2. Opioids Market Segments
3. Opioids Market Size And Opioids Market Growth Rate
4. Key Opioids Market Trends
5. Major Opioids Market Drivers
……
25. Key Mergers And Acquisitions In The Opioids Market
26. Top Opioids Companies
27. Opioids Market Opportunities And Strategies
28. Opioids Market, Conclusions And Recommendations
29. Appendix

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