The article cited AMA's Global Codeine Market Study explored substantial growth with CAGR of %. According the report, The Increasing Focus on the Abuse-Deterrent Formulation (ADF)
is one of the primary growth factors for the market. The Rise in Disposable Income and Surge in Global Geriatric Population
is also expected to contribute significantly to the Codeine market. Overall, Pain Management
applications of Codeine, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Purdue Pharma (United States), Sanofi (France), Pfizer (United States), Janssen Pharmaceuticals (Belgium), Endo Pharmaceuticals, Inc (United States), Actavis Plc (United States), Egalet (United States), Sun Pharmaceuticals (India) and Boehringer Ingelheim GmbH (Germany) may see astonishing sales in this Market and certainly improve revenue growth.
The Forms, such as Tablets, is boosting the Codeine market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Distribution Channel, such as Hospital Pharmacies, is boosting the Codeine market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Codeine market identified that the demand is rising in many different parts of the world as "The Increase in Consumption of Opioid Analgesic for Pain Management in Developing Countries
". One of the challenges that industry facing is "The Stringent Government Regulation Associated with Codeine"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Codeine market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Codeine market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Codeine market tight? Which application/end-user category or Product Type [Extracted from Opium and Synthesized by Morphine] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Codeine market and other related sub-markets covered in the study.
o Key & emerging players in the Codeine market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Codeine market size is calculated using market estimation process, the Codeine market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Codeine market size has been validated using both top-down and bottom-up approaches.