Opioid Use Disorder (OUD) Market Growth: Revenue Forecast and Analysis

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Opioid Use Disorder Market size was valued at USD 3.13 billion in 2022 and it is expected to be worth around USD 6.15 billion by 2030 growing at a remarkable GAGR of 8.8% over the forecast period 2023-2030. 

The opioid use disorder (OUD) market is a complex and rapidly evolving landscape that demands urgent attention. OUD, characterized by the misuse or dependence on opioids, has reached epidemic proportions globally, affecting millions of individuals and their families.

The market for OUD treatment is driven by several factors. Firstly, the rising prevalence of opioid addiction has created a significant demand for effective interventions. This has led to increased research and development efforts focused on developing novel therapies and medications to address this pressing public health issue.

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Additionally, the growing recognition of OUD as a chronic disease rather than a moral failing has led to improved access to treatment options. Governments, healthcare providers, and insurance companies are increasingly recognizing the importance of providing comprehensive care for individuals struggling with OUD. This shift in perception has opened up opportunities for innovative pharmaceutical companies and healthcare organizations to enter the market.

Key Market Segmentation:

By Drug

·         Buprenorphine

·         Methadone

·         Naltrexone

By Route of Administration

·         Oral

·         Parenteral

By Distribution Channel

·         Hospital Pharmacies

·         Retail Pharmacies & Stores

·         Online Pharmacies

Key players

The major Key players are Indivior PLC, Alkermes, Orexo AB, Titan Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd., Mallinckrodt Pharmaceuticals, BioDelivery Sciences International Inc., Viatris Inc., Pfizer, Inc., Hikma Pharmaceuticals PLC, and Camurus and others.

Other Report

Continuous Glucose Monitoring Market Growth

Nasal Drug Delivery Market Growth

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