The 7 major opioid use disorder markets reached a value of US$ 2.0 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 4.4 Billion by 2034, exhibiting a growth rate (CAGR) of 7.14% during 2024-2034.
Report Attribute
|
Key Statistics
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---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 2.0 Billion
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Market Forecast in 2034
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US$ 4.4 Billion |
Market Growth Rate 2024-2034
|
7.14% |
The opioid use disorder market has been comprehensively analyzed in IMARC's new report titled "Opioid Use Disorder Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Opioid use disorder (OUD) is a chronic medical condition that is characterized by the persistent use of opioids. It can have devastating consequences for individuals and their families, such as increased risk of overdose, death, and physical and mental health problems. Some of the common symptoms of OUD are intense cravings for opioids, continued use despite negative consequences, withdrawal symptoms when attempting to quit, tolerance, and difficulty controlling or reducing use. Other signs may include changes in mood, behavior, and physical appearance, as well as social and occupational dysfunction. The diagnosis of opioid use disorder typically involves a comprehensive evaluation by a healthcare professional, including physical exams, laboratory tests, and a review of the patient's medical and substance use history.
The rising prevalence of opioid addiction, including prescription painkillers and illegal drugs like heroin and fentanyl, is primarily augmenting the opioid use disorder market. Apart from this, the widespread adoption of medication-assisted treatment (MAT) for treating opioid use disorder on account of its several associated benefits, such as improved outcomes, reduced risk of relapse, increased likelihood of long-term recovery, etc., is creating a positive outlook for the market. Moreover, numerous government agencies are taking initiatives to address the opioid epidemic by funding addiction treatment programs and introducing regulatory measures to limit opioid prescriptions. This, in turn, is acting as another significant growth-inducing factor. Additionally, the ongoing development of novel treatment options and formulations, including long-acting injectables and implantable devices, that offer longer-lasting relief from opioid withdrawal symptoms and cravings is also bolstering the market growth. Moreover, the increasing utilization of behavioral therapies to help patients identify triggers and develop coping mechanisms to lower the likelihood of relapse is further propelling the market. Besides this, several biotechnological advancements, such as the introduction of opioid vaccines, which assist in reducing the risk of addiction and overdose by preventing opioids from crossing the blood-brain barrier, are expected to drive the opioid use disorder market in the coming years.
IMARC Group’s new report provides an exhaustive analysis of the opioid use disorder market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for opioid use disorder and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the opioid use disorder market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current opioid use disorder marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Revia (Naltrexone oral) | |
Subutex (Buprenorphine extended-release) | Indivior |
Vivitrol (Naltrexone controlled-release) | Alkermes |
Lucemyra (Lofexidine) | Britannia Pharmaceuticals |
INDV-2000 | Indivior |
AZD4041 | AstraZeneca |
KNX100 | Kinoxis Therapeutics |
DMX-1002 | ATAI Life Sciences/DemeRx |
MN166 | MediciNova |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Opioid Use Disorder: Current Treatment Scenario, Marketed Drugs and Emerging Therapies