Oxycodone Market: Growing use in the Management of Caner Pain to be witnessed

Posted by Deeksha on March 18th, 2019

Though oxycodone has been prevalently used to reduce moderate-to-severe acute pain, it is also being used in the management of cancer-related and chronic pain. Oxycodone has been seen to improve quality of life of patients with various pains which has further increased its popularity. These introductory insights are according to the report titled, “Oxycodone Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” which has been lately included in Market Research Hub’s (MRH) extensive repository. Assessing a host of factors with respect to market revenue, the oxycodone market is anticipated to expand at a compound annual growth of over 4% during the forecast period. There has been growing use of oxycodone for alleviating cancer pain which has propelled the sale of oxycodone in the market. In addition, there has been growing awareness with respect to palliative care in terminal disease conditions which is expected to drive the demand for oxycodone. Growing awareness with respect to palliative care and innovation in formulations are some of the factors expected to be instrumental in the development of oxycodone market. Meanwhile, green signal given by FDA to new generation drugs, making them less-additive is expected to gain momentum throughout 2028.

However, there are underlying problems associated with oxycodone ranging from common to serious side-effects. As such, nausea & vomiting, severe itching and dry mouth may interfere with the pain management. Besides, people might experience slow breathing, dizziness and seizures.

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Oxycodone Market: Report Content

The report offers a robust analysis on the oxycodone market with qualitative and quantitative analysis. The report presents a lucid picture of the dynamics of the market, expanding to drivers, opportunities, trends and restraints. These factors become paramount and have great influence in the growth of the oxycodone market. Further, the report includes the segmentation of the oxycodone market to provide a holistic view. The market is segmented on the basis of product type, application, distribution channel and region. The report starts with a comprehensive executive summary followed by market background section. The market background section delves into macro-economic factors and value chain analysis. The report also includes technological advancements and mergers and acquisition which have considerable impact in the growth of the oxycodone market. The report also includes market structure analysis which sheds light on market share analysis of top players along with market presence analysis of players. The report also shows the technology roadmap of the market. The last section delves into the competitive landscape of the oxycodone market with a competition dashboard, developments, benchmarking and deep dive. The section elucidates overview, product portfolio, sales footprint and strategy of leading players in the market.

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Oxycodone Market: Research Methodology

The report on oxycodone market is based on the demand-supply approach. The qualitative factors assessed in the course of estimation incorporate recurrence rate, treatment rates for oxycodone. Further, validation of the information is done through primary sources, incorporating surveys, interviews, in-person interactions, opinion of seasoned analyst along with secondary sources encompassing trade journals, verified paid sources and resourceful databases.