Opioid Market Likely to Emerge over a Period of 2018-2028Posted by Harsh on July 15th, 2019 Prescription opioids are posing a huge threat for pharmaceutical giants in the world as subjects consuming opioid drugs are becoming highly addictive to them, which is incidentally causing deaths. Production of synthetic opioid drugs has been tainted by reports that regard it to be an ill-fated burden on consumers as well as manufacturing companies. Overdose of opioids has resulted in occurrence of malignant disorders in the user’s body, most of which have resulted into fatalities. The demand for opioids, on the contrary, is likely to be on an all-time high, owing to a significant rise in incidences of cancer and other fatal disorders. As most of us know, the legitimate use of opioids is its performance as a narcotic pain relief medication in treatments for cancer, surgical pain and post-surgery trauma. Get Sample Copy Of The Report@ https://www.trendsmarketresearch.com/report/sample/3563 Consumption of opioids is largely reliant on its extensive use as an end-stage medication for treating cancer. While the analgesic nature of such drugs relives the patient from cancer pain, it incidentally suppresses sensation for the subject and results into organ failures. Off lately, the consumption of opioid drugs was highly criticized and condemned after reports of a prominent opioid medication, called Fentanyl, became the reason causing death of the patient for administration. Ergo, emergence of such news impaired the business progression of its North American pharmaceutical company, Insys Therapeutics, Inc. A comparatively high growth in opioid addiction in the US has further pressurized the FDA for abolishing the production of opioid drugs, in spite of being highly-crucial for cancer treatment. Report For Sample with TOC@ https://www.trendsmarketresearch.com/report/requesttoc/3563 Fragmenting this growth of global opioids market, the report includes classification on the basis of products (drug types) and applications. The use of opioids in production of morphine and codeine drugs is anticipated to dominate the global market by accounting for over XX% share. Analgesic applications of opioid drugs are expected to procure market value of US$ XX million by 2025-end. Increasing presence of palliative care facilities and rising importance of Abuse-Deterrent Formulation (ADF) regulations for generic drug manufactures is driving the growth of global opioids market; particularly in North America and Europe. The report has profiled some of the leading companies contributing to the growth of global opioids market, which include pharmaceutical manufacturers such as Actavis Plc., Purdue Pharma, Pfizer Inc., Sun Pharmaceutical Industries Ltd., Sanofi, Boehringer Ingelheim, and Endo Pharmaceuticals Inc., among others. Like it? Share it!More by this author |