Global Opioid Use Disorder Market Overview:
Opioid Use Disorder (OUD) is a long-term illness characterised by compulsive, prolonged, and repetitive opioid self-administration. Patients with OUD are divided into two groups: those who are addicted to non-medical opioids and those who are addicted to medical opioids. OUD cannot be explained by a single cause, but the patient is influenced by a mixture of environmental and genetic factors.
Growth Drivers
- Increasing intensity of opioid epidemic
- Strong pipeline of pharmaceuticals and expected commercialization of the products
Roadblocks
- Complications associated with the reimbursement scenarios for addiction therapies
Opportunities
- Growing government initiatives to combat the crisis
- Growth potential in developing countries
Challenges
Competitive Landscape:
Companies operating in the global risedronate sodiums market should focus on mergers & acquisitions to improve their market share and overall position. Product launches, research, and expansion of the existing product portfolio are some of the other strategies that should be considered to gain ground in the current risedronate sodiums market during the assessment period.
Some of the key players profiled in the report are Indivior (United States), Alkermes (Ireland), Titan Pharmaceuticals (United States), Hikma Pharmaceuticals (United Kingdom), Teva Pharmaceuticals (Israel), MediciNova (United States), Orexo (Sweden), Camurus (Sweden) and Omeros (United States). Analyst at AMA Research see Global Players to retain maximum share of Global Opioid Use Disorder market by 2026. Considering Market by Drug, the sub-segment i.e. Buprenorphine (Bunavail will boost the Opioid Use Disorder market.
Latest Market Insights:
In Feb 2019, Titan Pharmaceuticals, Inc. announced that they had entered into an agreement with AllianceRx Walgreens Prime for the expansion of accessibility of patients for Titan’s opioid use disorder implant branded as “Probuphine implant”.
In Jan 2019, Novartis AG’s business division Sandoz Inc. along with Pear Therapeutics, Inc. announced that they had launched “reSET-O” commercially for patients suffering from opioid use.
What Can be Explored with the Opioid Use Disorder Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Opioid Use Disorder Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Opioid Use Disorder
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Opioid Use Disorder market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Opioid Use Disorder market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planner, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.