The global opioids market is segmented on the basis of product type, application, and geography. Depending on product type

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An opioid <strong>is</strong> a form of narcotic pain medication that <strong>is</strong> utilized to treat moderate to severe pain. <strong>The</strong> <strong>opioids</strong>
are used as diarrhea suppressant, anesthetic, cough suppressant, and to decrease surgical pain, pain ar<strong>is</strong>ing
from d<strong>is</strong>ease, cancer pain and injury or trauma. <strong>The</strong>se substances are majorly utilized in cancer pain
management as well as end-stage d<strong>is</strong>eases in which palliative care <strong>is</strong> needed. However, these <strong>opioids</strong> can
be addictive owing to their analgesic nature.
Factors such as intense focus of generic manufacturers towards Abuse-Deterrent Formulation (ADF), r<strong>is</strong>ing
palliative care facilities, and reformed regulations for <strong>opioids</strong> prescription are anticipated to fuel the <strong>opioids</strong>
<strong>market</strong> growth in North America and Europe. Intense focus on palliative care and increasing healthcare
expenditure are major factors that propel the <strong>opioids</strong> <strong>market</strong> growth. Also, r<strong>is</strong>e in the incidence of
orthopedic d<strong>is</strong>orders & chronic pain are expected to fuel the <strong>market</strong> growth. Also, increase in d<strong>is</strong>posable
income and upsurge in the <strong>global</strong> aged population are expected to drive the <strong>global</strong> <strong>opioids</strong> <strong>market</strong> growth.
However, the emergence and cannab<strong>is</strong> legalization as an <strong>opioids</strong> alternative are expected to hamper the
<strong>market</strong> growth.
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<strong>The</strong> <strong>global</strong> <strong>opioids</strong> <strong>market</strong> <strong>is</strong> <strong>segmented</strong> on the bas<strong>is</strong> of product type, application, and geography.
Depending on product type, it <strong>is</strong> <strong>segmented</strong> into morphine, codeine, meperidine, methadone, fentanyl, and
hydrocodone. Based on application, the opioid <strong>market</strong> <strong>is</strong> classified into diarrhea treatment, pain
management, and cough treatment. <strong>The</strong> pain management <strong>market</strong> segment <strong>is</strong> further sub divided into back
pain, osteoarthrit<strong>is</strong> pain, neuropathic pain, cancer pain, migraine and others.
Based on regions, the <strong>global</strong> <strong>opioids</strong> <strong>market</strong> <strong>is</strong> divided into North America, Europe, Asia-Pacific (APAC),
Middle East & Africa (MEA), and Latin America. North America commands the majority of the <strong>market</strong>
share, followed by Europe in the <strong>global</strong> <strong>market</strong>. It <strong>is</strong> anticipated that the rate of growth of <strong>opioids</strong> <strong>market</strong>
will r<strong>is</strong>e in Asia-Pacific region during future period. Also, the major companies are focusing on emerging
countries to tap the <strong>market</strong> share and expand customer base as well as to meet the r<strong>is</strong>ing demand form th<strong>is</strong>
region.
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<strong>The</strong> major companies that provide opoids include Sun Pharmaceutical Industries Ltd., Endo
Pharmaceuticals Inc., Pfizer Inc., Actav<strong>is</strong> Plc., Janssen Pharmaceuticals, Inc., Boehringer Ingelheim,
Sanofi, Mallinckrodt Pharmaceuticals, Purdue Pharma, and Egalet.

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