Opioids Market Analysis and Scope (2024 to 2031)
Opioids Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 12.93 Billion |
Market Size by 2031 | US$ 15.03 Billion |
Global CAGR (2023 - 2031) | 1.9% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Opioids Market News and Recent Developments
The opioids market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments and strategies in the opioids market:
- In March 2023, Trevena, Inc. announced that Jiangsu Nhwa Pharmaceutical Co., its partner in China, received formal approval from the National Medical Products Administration for OLINVYK. It has been approved for use in adults for the management of acute pain that is severe enough to require an intravenous opioid analgesic and is resistant to alternative treatments. (Source: Trevena, Inc., Press Release, 2023)
- In January 2023, Neuraxpharm announced the establishment of Neuraxpharm Belgium to cover Belgium and Luxembourg, completing its presence in Benelux as it continues its expansion pathway in Europe. (Source: Neuraxpharm, Press Release, 2023)
- In February 2023, Neuraxpharm announced the acquisition of two established product portfolios for central nervous system (CNS) disorders, and pain and vascular diseases from Sanofi. The well-established products that Neuraxpharm acquired include 15 products addressing CNS disorders and 2 products in pain and vascular diseases. (Source: Neuraxpharm, Press Release, 2023)
Opioids Market Report Coverage and Deliverables
The “Opioid Market Size and Forecast (2023–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST and SWOT analyses
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments.
- Detailed company profiles