What is Buprenorphine?
Buprenorphine is a type of opioid which is used to treating opioid addiction, acute pain, and chronic pain. It can be injected (intravenous and subcutaneous), used for a skin patch (transdermal), or implanted under the tongue (sublingual), in the cheek (buccal), by injection (intravenous and subcutaneous), as a skin patch (transdermal), or as an implant. It is probably started when withdrawal symptoms start that for the first two days of treatment under direct supervision of a health-care practitioner for opioid use disorder. To deter injectable usage, the combined formulation of buprenorphine/naloxone (Suboxone) is advised. In most cases, optimum pain relief occurs within an hour, with effects lasting up to 24 hours. Treatment with buprenorphine has the potential to cause psychological or physiological (physical) dependence. It also has a lengthy half-life of 24 to 60 hours, a gradual onset of effect, and a long duration of action.
The market study is broken down, by Application (Hospital, Clinic and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies Analysts at AMA Research estimates that Players from Indian will contribute to the maximum growth of Global Buprenorphine market throughout the predicted period. 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.
Siegfried Pharma AG (Switzerland), Sanofi (France), Johnson Matthey (United Kingdom), Mallinckrodt (United Kingdom), Noramco (United States), Unichem Laboratories (India), Arevipharma GmbH (Germany), Sun Pharmaceutical Industries Ltd. (India), Rusan Pharma (India) and Micro Orgo Chem (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Buprenorphine market by Type, Application and Region.
On the basis of geography, the market of Buprenorphine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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 Side Effect , the sub-segment i.e. Sedation will boost the Buprenorphine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Buprenorphine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Dosages, the sub-segment i.e. Injectable Solution will boost the Buprenorphine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Increasing Investment In RD To Developing Cost Effective Drugs
Market Drivers
- Rising The Prevalence Of Chronic Pain
Opportunities
- Government Favorable Initiatives For Com-batting Problem Of Substance Dependency And Drug
Restraints
- Lack Of Licensed Doctor For Prescribing Buprenorphine
Challenges
- Slow Act Impact Of Buprenorphine
- Rising Awareness About The Side Effects Of Buprenorphine
Key Target Audience
Buprenorphine Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
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.