North America is Anticipated to Dominate Opioid Overdose Market during the Forecast Period 2022-2030 | Reports and Data
August 5, 2022
Reports And Data
The global market for opioid overdose witnessed robust growth in 2021 and is anticipated to grow at a higher revenue CAGR over a forecast period
NEW YORK CITY, NY, UNITED STATES, August 5, 2022 /EINPresswire.com/ -- The Global Opioid Overdose Market report published by Reports and Data is a concise summary on the Opioid Overdose industry and offers deep insights into the industry’s core structure and mechanism. The report digs into the key segments and sub-segments of the industry and offers a thorough study of the industry’s leading regional markets, competitive scenario, product and application segments, technology landscape, sales & distribution networks, and key industry statistics. Market insights included in the report have been compiled through extensive research, detailed market surveys, and expert interviews.
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Largest Market Share:
The North America market is anticipated to dominate market during the forecast period due to increased use of synthetic opioids including fentanyl and its analogs in the U.S. Around two-thirds of opioid-related overdose deaths were reported in 2018 and number of persons dying from opioid overdose increased by 120% between 2010 and 2018. In the U.S., drug overdose mortality increased significantly during COVID-19 epidemic, mostly due to sharp increase in deaths from synthetic opioid overdoses. The market is anticipated to be driven by a growth in number of drug addicts in the North American region and misguided youth who engage in drug misuse and dependency.
The pharma and healthcare sector has significantly advanced in the recent years and is expected to register steady revenue growth over the forecast period owing to rapid innovations in medical technology, increasing investments, rising healthcare expenditure and high adoption of advanced products and systems. Factors such as rising prevalence of chronic diseases such as diabetes, cancer, cardiovascular diseases, and neurological disorders across the globe, rising cases of coronavirus, improving healthcare infrastructure and research facilities, and increasing adoption of remote patient monitoring services and home care settings are expected to fuel global market revenue growth over the forecast period. In addition, increasing number of hospitals and ambulatory care centers worldwide, high demand for personalized medicine, increasing investments in drug discovery and growing investments by public and private sectors are expected to drive global market growth in the coming years.
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, product & service portfolio. The Opioid Overdose market is extremely competitive and consists of several key players at regional and global level. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures and collaborations to strengthen their market position and enhance product portfolio.
Leading companies operating in the market are:
Emergent BioSolutions Inc.
SafeRx Pharmaceuticals Inc.
Mucodel Pharma LLC.
Adamis Pharmaceuticals Corporation
Elysium Therapeutics, Inc.
Hepione Therapeutics Inc.
Amneal Pharmaceuticals, Inc.
Hikma Pharmaceuticals PLC.
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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Opioid Overdose Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Solid Dosage Form
Liquid Dosage Form
Route of Administration Outlook (Revenue, USD Billion; 2019-2030)
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East & Africa
Rest of MEA
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