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Opioid Use Disorder Market Size

  • Report ID: GMI5838
  • Published Date: May 2023
  • Report Format: PDF

Opioid Use Disorder Market Size

Opioid Use Disorder (OUD) Market size was estimated to be USD 2.8 billion in 2022 and is expected to expand at CAGR of 10.6% from 2023 to 2032. Rise in drug approvals for the treatment of opioid use disorder, increasing opioid addiction cases in developed counties, and increasing awareness for the adoption of buprenorphine patches as an effective treatment are some of the key factors driving this market.

 

The number of opioid addiction cases are rapidly rising every year and making opioid dependence a serious public health issue. Opioid use disorder (OUD) is a treatable, chronic disease that can affect anyone regardless of race, gender, income level, or social class. Opioids are natural, semi-synthetic, or synthetic chemicals that interact with opioid receptors in the body and brain and reduce perception of pain. Prescription opioids are meant to be used to treat acute pain (such as recovering from injury or surgery), chronic pain, active-phase cancer treatment, palliative care, and end-of-life care.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market for opioid use disorder amassed USD 2.8 billion in 2022 and is set to grow at a 10.6% CAGR from 2023 to 2032 owing to the rise in drug approvals for the treatment of opioid use disorder and increasing opioid addiction cases in developed counties.

The buprenorphine segment is estimated to register significant growth from 2023 to 2032 owing to the increasing use of buprenorphine as an effective option to improve the quality of life for patients undergoing addiction treatment.

The North America opioid use disorder (OUD) industry accounted for more than 49.3% of the global industry revenue in 2022 and is poised to depict robust growth driven by the increasing number of product launches for the treatment of opioid use disorder and a well-established opioid industry across the region.

The major players operating in the market are Alkermes, Inc., Indivior PLC, BioDelivery Sciences International, Inc., Orexo US, Inc., Titan Pharmaceuticals, Inc., Omeros Corporation, Camurus, Hikma Pharmaceuticals PLC, AstraZeneca plc, and Viatris Inc.

Opioid Use Disorder Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 423
  • Countries covered: 19
  • Pages: 243
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