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(Medical-NewsWire.com, October 25, 2019 ) OG Analysis, a global market research firm, has announced the release of their “Global Opioid Market Size, Outlook and Growth Opportunities to 2025: By Type (Codeine, Fentanyl, Methadone, Morphine, Meperidine and Other Types), By Application (Pain Relief, Cold & Cough, Diarrhoea, Anesthesia and Other Applications) and By Region” Report proposes complete outlook of the market including comprehensive market analysis, Market Share, Market Size, Market Drivers, Challenges and Opportunities.
Opioid Market size posts strong growth with 165 clinical trials on-going across world. Rising occurrence of disorders is key growth driver. North America is holding the major opioid market share.
Increasing incidence of orthopedic disorders such as arthritis, elbow pain, and osteoporosis, and associated chronic pain with carcinogenic diseases are the primary factors boosting the opioid market growth.
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North America is currently holding the major market share with the United States maintaining the market growth with FDA approved opioid products and clinical trials
Companies such as Purdue Pharma are shifting their focus towards Asia Pacific, Latin America, and Middle East and Africa. The company is organizing awareness programs where doctors are urged to prescribe painkillers to help patients overcome opiophobia.
Addiction of people to opioid including prescription pain relievers, heroin, and synthetic Opioid affects their as well as social and economic welfare, hence hampers the market growth.
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The 2019 series of global Opioid market size, share, outlook, trends and growth prospects is a comprehensive analysis on global Opioid market conditions. Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of Opioid market, detailed porter’s five forces analysis and competitive insights are included in the research report.
The report presents the detailed annual outlook of each type of the Opioid market to 2025. The report studied 6 types including codeine, fentanyl, methadone, morphine, meperidine and other types.
The report presents in-depth insights into each of the leading Opioid applications along with annual forecasts to 2025. Various applications that are studied in the report include pain relief, cold & cough diarrhoea, anesthesia and other applications. Pain relief segment is leading among applications.
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The current Opioid market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America and Middle East & Africa are studied in the report. In addition, historic data from 2017 and annual forecasts to 2025 are also included in the research report. Globally, North America is the major revenue contributor to the global market.
Latest news and industry developments in terms of Opioid capacity expansions, acquisitions, organic & inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.
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