Opioids Agonist Drugs Market Trends, Business Overview, Industry Growth and
Forecast to 2031
The global opioids agonist drugs market is anticipated to
grow at a significant CAGR during the forecast period (2024-2031). The major
factors that are fuelling the growth of the market include the growing
prevalence of pain and diarrhea. Opioids are generally used for treating pain,
however, opioid-containing drugs are being misused or are being consumed in
overdose when patients follow self-medication. The opioid drug class comprises
morphine, hydrocodone, oxycodone, heroin, codeine, morphine, fentanyl, and
methadone. It is also employed as a cough suppressant and in diarrhea
treatment. Opioids can be administered either through pills, liquids,
intravenous, transdermal patches, or lozenges. Developed nations in North
America and Europe have 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, owing to the easy availability of drugs in
these regions.
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However, global organisations as well as regulatory agencies
including the FDA, Centers for Disease Control and Prevention (CDC), and World
Health Organization (WHO) are working towards restricting 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 years, cannabis has emerged as an alternative for opioids.
Cannabis is legalized in many states in the US, as it is considered safer than
opioids. Therefore, legalizing cannabis (marijuana) is a factor that is
expected to have a detrimental impact on the market growth during the forecast
period.
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Market Coverage
Competitive Landscape: Pfizer Inc., Boehringer
Ingelheim GmbH, and Sanofi S.A., among others.
Key questions addressed by the report
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
Global Opioids Agonist Drugs Market Report by Segment
By Product
•
Codeine
•
Fentanyl
•
Meperidine
•
Methadone
•
Others
By Application
•
Pain Management
•
Cough Treatment
•
Diarrhea Treatment
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