Global Opioids Market is Expected to Represent US$ 25.7 Billion by 2024

Global Opioids Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 20172025

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REPORT DESCRIPTION Global Opioids Market – Overview Opioids are generally prescribed for treating pain. The opioid drug class includes morphine, hydrocodone, oxycodone, heroin, codeine, morphine, fentanyl, and methadone. It is also used as a cough suppressant and in diarrhea treatment. Opioids can be administered either through pills, liquids, intravenous, transdermal patches, or lozenges. Developed countries in North America and Europe are notorious for the high levels of abuse of this drug. Drugs such as codeine, morphine, fentanyl, and hydrocodone have become a source of addiction, especially among the population in these regions due to easy availability of the drugs in these regions.

According to the World Drug Report 2016, a staggering 17.4 million people were affected by opioid drug abuse in 2014. However, global organizations and regulatory agencies such as the FDA, Centers for Disease Control and Prevention (CDC) and World Health Organization (WHO) are working towards limiting the abuse of opioids by creating awareness and educating prescribers to be cautious while prescribing these drugs. In 2016, the CDC issued guidelines to prescribe opioids, limiting the daily dose of opioids to 90 morphine milligram equivalent (MME).

In recent times, cannabis has emerged as a potential alternative for opioids. Cannabis is legalized in many states in the U.S. as it is considered safer than opioids. U.S. being a major consumer of such drugs, legalizing cannabis (marijuana) is expected to have a detrimental impact on the opioids market growth. Š Coherent market Insights. All Rights Reserved

REPORT DESCRIPTION Global Opioids Market Segmentation: Global Opioids Market, By Product Type: ●

Codeine

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Fentanyl

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Meperidine

Global Opioids Market, By Therapeutic Application: ●

Pain Management

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Neuropathic Pain

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Migraine

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Back Pain

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REPORT DESCRIPTION Global Opioids Market: Key Players ●

Pfizer Inc.

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Purdue Pharma.

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Boehringer Ingelheim.

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Janssen Pharmaceuticals, Inc.

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Actavis Plc.

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Sun Pharmaceutical Industries Ltd.

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Mallinckrodt Pharmaceuticals.

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Egalet Corporation.

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Endo Pharmaceuticals Inc.

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