Opioids Market Outlook 2025 – Insights for Executive and Strategic Planning
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#How Has the Opioids Market Grown from 2024 to 2025?#_x000D_
In recent times, there has been a consistent escalation in the size of the opioids market. From $23.54 billion in 2024, it is expected to inflate to $24.22 billion by 2025, indicating a compound annual growth rate (CAGR) of 2.9%. This progressive growth during the historical period is credited to factors such as pain management, surgical procedures, palliative care, and the governing regulatory environment._x000D_
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#What Growth Rate Is Anticipated for the Opioids Market in the Coming Years?#_x000D_
Predictions anticipate a consistent expansion in the size of the opioids market in the upcoming years. Expectations indicate it will rise to $27.62 billion by 2029, with a 3.3% compound annual growth rate (CAGR). Factors contributing to this growth during the forecasted period include non-cancer related pain symptoms, regulatory modifications, the use of telemedicine and remote prescribing, and the management of chronic pain. Significant developments expected to occur during this period incorporate strategies that reduce opioid usage, medication-assisted treatment (MAT), risk mitigation strategies, and initiatives related to public health._x000D_
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#Who Are the Leading Companies in the Opioids Market?#_x000D_
Major companies operating in the opioids market are Pfizer Inc., Johnson & Johnson Inc., AbbVie Inc., Sanofi S.A, AstraZeneca PLC, Viatris Inc., Teva Pharmaceutical Industries Limited, Sandoz Inc., Sun Pharmaceutical Industries Limited, Aurobindo Pharma Limited, Purdue Pharma L.P., Dr. Reddy’s Laboratories Ltd., Hikma Pharmaceuticals PLC, Endo Pharmaceuticals Inc., Amneal Pharmaceuticals Inc., Mallinckrodt Pharmaceuticals PLC, Alkermes PLC, Lannett Co Inc., Par Pharmaceutical Inc., Mayne Pharma Group Ltd., Cephalon LLC, Insys Therapeutics Inc., Janssen Pharmaceuticals Inc., Rhodes Pharmaceuticals L.P, KVK Tech Inc._x000D_
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#What Are the Key Drivers of the Opioids Market?#_x000D_
The anticipated surge in surgical procedures is set to fuel the opioids market’s expansion. Surgical procedures, described as medical treatments that necessitate the use of surgical instruments to make an incision, are typically carried out in an operating room and often require anesthesia or respiratory assistance. Opioids are used in these settings to manage pain and serve as supporting or primary anesthetic agents. For example, according to the France-based intergovernmental organization, the Organization for Economic Co-operation and Development, in August 2023, cataract surgeries increased by 8.4% from 131,612 procedures in 2021 to 142,670 procedures in 2022 in the Czech Republic. Additionally, in Turkey, laparoscopic repairs of inguinal hernia rose by 35.2% from 18,739 procedures in 2021 to 25,348 procedures in 2022. Consequently, the escalating number of surgical procedures will stimulate the opioids market.
Opioids Market Driver: Growth in Chronic Diseases Prevalence to Fuel Opioids Market Expansion
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#What Are the Key Market Segments in the Opioids Industry?#_x000D_
The opioids market covered in this report is segmented –_x000D_
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1) By Product Type: Methadone, Codeine, Fentanyl, Oxycodone, Morphine, Hydrocodone, Other Product Types_x000D_
2) By Receptor Binding: Strong Agonist, Mild To Moderate Agonist_x000D_
3) By Basis Of Indication: Inflammatory Condition, Musculoskeletal Pain, Neuropathic Pain, Cancer Pain_x000D_
4) By Distribution Channel: Hospital, Retail Pharmacies, Online Pharmacies_x000D_
5) By Application: Pain Management, Cough Treatment, Diarrhea Treatment_x000D_
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Subsegments:_x000D_
1) By Methadone: Methadone Tablets, Methadone Oral Solution_x000D_
2) By Codeine: Codeine Phosphate Tablets, Codeine Liquid Formulations_x000D_
3) By Fentanyl: Fentanyl Patch, Fentanyl Injection, Fentanyl Sublingual Tablets_x000D_
4) By Oxycodone: Oxycodone Tablets, Oxycodone Extended-Release Formulations_x000D_
5) By Morphine: Morphine Sulfate Tablets, Morphine Injection, Morphine Extended-Release Capsules_x000D_
6) By Hydrocodone: Hydrocodone/Acetaminophen Tablets, Hydrocodone Liquid Formulations_x000D_
7) By Other Product Types: Buprenorphine, Tramadol, Other Combination Products_x000D_
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#What Are the Latest Trends in the Opioids Market?#_x000D_
Leading corporations in the opioid market are striving to innovate superior drug solutions to bolster their standing. The development of new pharmaceuticals can aid in the treatment of diseases and the enhancement of health care and scientific understanding. For example, in May 2023, Braeburn Pharmaceuticals Inc., a company based in the United States that offers solutions for opioid addiction management, announced that the US Food and Drug Administration has approved Brixadi (buprenorphine) as an extended-release injectable for subcutaneous use (under the skin) to manage moderate to severe opioid use disorder (OUD). This is the first and only weekly and monthly subcutaneous injection for moderate to severe OUD, and the first buprenorphine injectable that uses FluidCrystal Injection Depot Technology. Thus, patients who have been prescribed oral buprenorphine can switch to equivalent doses if they adhere to the prescription guidelines._x000D_
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#What Are the Key Regional Markets in the Opioids Industry?#_x000D_
North America was the largest region in the opioids market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in opioids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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#This Report Delivers Insight On: #_x000D_
1. How big is the opioids market, and how is it changing globally?_x000D_
2. Who are the major companies in the opioids market, and how are they performing?_x000D_
3. What are the key opportunities and risks in the opioids market right now?_x000D_
4. Which products or customer segments are growing the most in the opioids market?_x000D_
5. What factors are helping or slowing down the growth of the opioids market?_x000D_
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