Opioids Agonist Drugs Market Detailed In New Research Report 2022-2028 | Pfizer, Egalet Corporation, Allergan
SEATTLE, UNITED STATES, UNITED STATES, February 3, 2022 /EINPresswire.com/ -- New Research Study "Opioids Agonist Drugs Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook" has been added to Coherent Market Insights.
Opioid agonists have been used to treat opioid addiction since the early 1960s. Opioid drugs act on the opioid receptors present in the central and peripheral nervous system. Opioids can be administered as oral pills, patches, liquids, parenteral, or lozenges. Opioids, a class of drugs, are prescribed pain relievers. Use of prescribed opioid drug is safe for pain management.
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Drivers:
High prevalence of chronic pain is expected to augment the growth of the global opioids agonist drugs market over the forecast period. For instance, as per the American Legislative Exchange Council, over 100 million Americas suffered from chronic pain in 2015, which is significantly more than the number of diabetics in the United States.
Moreover, government regulations to reduce the number of deaths due to opioid overdose are expected to boost growth of the global opioids agonist drugs market. Research organizations and market players are also focusing on developing novel opioid applications.
Restraints:
Drug abuse is expected to hinder growth of the global opioids agonist drugs market during the forecast period. Overdose of opioid pain relievers can be fatal. For instance, as per the National Institute of Drug Abuse, there has been a significant increase in deaths related to drug overdose involving prescription opioid painkillers and various federal and state laws have been enacted to contain this epidemic.
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Regional Insights:
North America and Europe are expected to witness robust growth in the global opioids agonist drugs market owing to the increasing prevalence of chronic pain and increasing demand for opioids agonist drugs in the region. As reported by the British Journal of Anesthesia, in 2013, over 20% of Europe population suffered from chronic pain, leading to an estimated economic burden of around US$ 250 billion per annum in Europe and US$ 150 billion in the U.S.
Key Players:
Key players active in the global opioids agonist drugs market are Purdue Pharma, Pfizer Inc., Boehringer Ingelheim, Actavis Plc., Sun Pharmaceutical Industries Ltd., Sanofi, Mallinckrodt Pharmaceuticals, Endo Pharmaceuticals, Egalet Corp., and Janssen Pharmaceuticals, Inc.
Reasons To Buy This Report:
• Gain a comprehensive understanding of the current and future state of the Opioids Agonist Drugs Market in both developed and emerging areas.
• By emphasizing the Opioids Agonist Drugs company priorities, the report aids in relocating corporate plans.
• The research discusses the sector that is expected to lead the Opioids Agonist Drugs market.
• Predicts how ascension will be perceived in different parts of the world.
• The most recent advancements in the Opioids Agonist Drugs Market, as well as information on the industry leaders' market share and strategies.
• Saves time on entry-level research because the study includes substantial data on the industry's growth, size, main players, and segments.
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The following are the study objectives for this report:
· SWOT Analysis focuses on worldwide main manufacturers to define, assess, and analyse market competition. By kind, application, and region, the market is defined, described, and forecasted.
· Examine the global and main regional market potential and advantage, opportunity and challenge, constraints and risks.
· Determine whether trends and factors are driving or limiting market growth.
· By identifying high-growth categories, stakeholders would be able to analyse market potential.
· Conduct a strategic study of each submarket's growth trends and market contribution.
· Expansions, agreements, new product launches, and acquisitions in the market are all examples of competitive developments.
· To create a strategic profile of the main players and analyse their growth plans in depth.
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