Opioid Use Disorder (OUD) Market Size, Share, and Analysis, By Drug Class (Buprenorphine, Methadone, and Naltrexone), By Route of Administration (Oral, Sublingual, and Intravenous), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
Opioid Use Disorder (OUD) Market Size, Share, and Analysis, By Drug Class (Buprenorphine, Methadone, and Naltrexone), By Route of Administration (Oral, Sublingual, and Intravenous), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Opioid Use Disorder (OUD) Market is anticipated to grow at a CAGR of 10% in the forecast period (2024-2034), with the market size valued at USD 3.3 billion in 2023 and projected to reach USD 9.5 billion by 2034.
Opioid Use Disorder (OUD) is a chronic medical illness that involves a problematic pattern of opioid usage and causes substantial pain or suffering. Those with opioid use disorder usually display an uncontrollable need to use opioids despite severe effects, such as health challenges and interpersonal issues. This disorder can emerge from various sources, such as the misuse of prescription opioids, along with illicit drug usage or even medically supervised opioid treatment. In addition, opioid use disorder can involve serious symptoms such as extreme cravings, withdrawal symptoms after stopping, and an inability to control consumption. Furthermore, treatment for OUD involves an integrated approach, such as medication and therapy, to ensure long-term recovery. Therefore, timely intervention and extensive support are crucial for tackling this complicated and demanding illness.
MARKET HIGHLIGHTS
Opioid Use Disorder (OUD) Market is anticipated to reach USD 9.5 billion, growing at a CAGR of 10% during the forecast period, due to increasing awareness and proactive governmental efforts to address the opioid crisis. The expansion of the opioid use disorder market is attributed to the rising prevalence of OUD and the development of modern therapies to meet the evolving needs of patients. In addition, major industry players are investing in the creation of new medications and therapies, such as long-acting formulations and non-opioid alternatives. Moreover, while specific regions may have different approaches for the prevention and treatment of opioid misuse, collaboration among stakeholders remains crucial for the industry. This collaborative effort ensures constant innovation in the opioid use disorder market, which ultimately contributes to the goal of reducing the impact of opioid addiction on public health.
Opioid Use Disorder Market Segments:
- By Drug Class
- Buprenorphine
- Methadone
- Naltrexone
- By Route of Administration
- Oral
- Sublingual
- Intravenous
- By Distribution Channels
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
MARKET DYNAMICS
Growth Drivers
Growing Awareness and Treatment Options to Expand the Market
Innovations in Technology and Treatment Will Positively Influence the Market
Restraint
Legal and Regulatory Restrictions are a Significant Challenge to Market Growth
Key Players
- Reckitt Benckiser Pharmaceuticals
- Johnson & Johnson
- Purdue Pharma
- Teva Pharmaceuticals
- Mallinckrodt Pharmaceuticals
- Indivior
- Pfizer Inc.
- GlaxoSmithKline plc
- Alkermes plc
- Titan Pharmaceuticals
- Camurus AB
- BioDelivery Sciences International, Inc.
- Braeburn Inc.
- Orexo AB
- Insys Therapeutics
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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