About Opioid Withdrawal Treatment
The global Opioid Withdrawal Treatment market is expected to witness high demand in the forecasted period due to the increasingly large population of people who falls victim to the ills of drug abuse. Opioid withdrawal is a syndrome of distressing psychological and physical symptoms which occur after therapeutic discontinuation and dosage reduction of opioids. The main opioid withdrawal symptoms reflect the increased activity of the autonomic nervous system. Opioids withdrawal symptoms such as insomnia, muscle aches, and pain, abdominal cramping, vomiting, and diarrhea. The growing cases of chronic diseases will help to boost the global demand in the forecasted period.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Merck & Co. (United States), Teva Pharmaceutical Industries Ltd (Israel), Pfizer Inc. (United States), Novartis International AG (Switzerland), Sanofi S.A.(France), Johnson & Johnson (United States), F. Hoffmann-La Roche Ltd (Switzerland), Bayer AG (Germany), VIVITROL (Ireland) and Elsevier (Netherlands) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Opioid Withdrawal Treatment market by Type (Outpatient Treatment and Inpatient Treatment) and Region.
On the basis of geography, the market of Opioid Withdrawal Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Drug Type, the sub-segment i.e. Nonsteroidal Anti-Inflammatory Drugs will boost the Opioid Withdrawal Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Hospital & Clinics will boost the Opioid Withdrawal Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online Stores will boost the Opioid Withdrawal Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
August 26, 2019: Johnson & Johnson and its Janssen Pharmaceutical Companies today announced they will appeal the ISD 572 million civil judgment entered in Cleveland County District Court in the State of Oklahoma’s lawsuit against opioid manufacturers. The Company is confident it has strong grounds to appeal this decision.
February 19, 2019 Sandoz, a Novartis division, announced that the authorized generic of SUBOXONE 1 (buprenorphine and naloxone) Sublingual Film (CIII) by Indivior Inc. in all four dosage strengths is immediately available in the US. February 19, 2019 Sandoz, a Novartis division, today announced that the authorized generic of SUBOXONE 1 (buprenorphine and naloxone) Sublingual Film (CIII) by Indivior Inc. in all four dosage strengths is immediately available in the US.
Market Drivers
- Increasing Number of Young People Addicted to Opioids
- Rising Popularity of Rehab Centers
Opportunities
- Rising Investment on Research and Development
- Government Initiatives to Prevent Youngsters from Opioids
- Increasing NGOs Centers Worldwide
Restraints
Challenges
- Lack of Awareness among Rural Areas
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Opioid Withdrawal Treatment Providers, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.