Narcotics Analgesics Market

Narcotics Analgesics Market - Size, Share,
Outlook, and Opportunity Analysis 2018 – 2026
Narcotics analgesics also identified as opioids are the medications that imitate the activity of
endorphins, elements produced by the body to regulate pain. Opioids are used to treat acute
pain associated with surgery and other medical procedures, as well as for persistent (chronic)
and advance pain. They are also used to induce anesthesia, cough syrups, and to suppress
diarrhea. These drugs are offered via prescription only. Since opioids are addictive and may
result in fatal overdose, thus sue of narcotics analgesics is strictly regulated by the
governments.
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Narcotics Analgesics Market – Drivers
Increase in the research for narcotics analgesics drugs is projected to rise the growth of global
the market during the forecasted period. For instance, a phase III clinical study by Loma Linda
University is undergoing for drug Narco. The objective of the study is to evaluate patient pain
level in the immediate post-operative period and quantify pain medication usage in patients
who undergo outpatient Ear, Nose, and Throat (ENT) surgeries. The study was started in
February 2018, and is estimated to complete in January 2019.
Furthermore, Temple University along with AstraZeneca is undergoing clinical phase II study to
assess the effect of opioids on esophageal motility. The study found that chronic opioid users
are suffering with esophageal motor dysfunctioning. This study will explore the safety and
tolerability of MOVANTIK (Naloxegol) and is expected to improve opioid- induced esophageal
motility disorders. The study was started in January 2017 and is expected to complete in
January 2020.
Report includes chapters which deeply display the following deliverable about industry :
• Narcotics Analgesics Market Research Objective and Assumption
• Narcotics Analgesics Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Narcotics Analgesics Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Narcotics Analgesics Market, By Regions
• Narcotics Analgesics Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Narcotics Analgesics Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Narcotics Analgesics Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Narcotics Analgesics Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Narcotics Analgesics Market – Restraint
Shortages of narcotics analgesics medications is likely to alter the growth of narcotics analgesics
market. For instance, according to the Drug Enforcement Administration (DEA) of U.S. February
2018, hospitals and other healthcare providers in U.S. are currently facing critical shortages of
a number of injectable opioid medications, including morphine, hydromorphone, and fentanyl.
Injectable opioids are critical to treating the pain needs of patients undergoing interventional
procedures such as cardiac catheterization and surgeries. Diminished supply of these critical
drugs, can lead to less efficient pain control for patients since opioid analgesics are highly
potent in pain control.
Narcotics Analgesics Market – Regional Analysis
On the basis of region, the global narcotics analgesics market is segmented into North America,
Latin America, Europe, Asia Pacific, Middle East, and Africa.
Geographically, North America is likely to lead in the global narcotics analgesics market owing
to rising misuse of opioid analgesics. For instance, according to the Federal Government of
U.S., in 2015, 8.5 million people i.e. 3% of the population of U.S. misused opioid painkillers in
2015, and 2.5 million were addicted to either painkillers or heroin in 2015. Moreover, More
than 33,000 people died from overdoses of opioid drugs in 2015.
Europe region is also expected to perceive extensive growth in global narcotics analgesics
market since few countries in the European Union are misusing prescription opioid analgesics as
normal pain killers which is not advisable since these are habit forming drugs. For instance,
according to BMC Psychiatry journal August 2016, Spain had the highest use of opioids for
non-medical purposes, and Great Britain had the second-highest opioid users.
The key players operating in narcotics analgesics market include, Pfizer Inc., Teva
Pharmaceuticals, Allergan plc, BioDelivery Sciences International, Inc., Endo Pharmaceuticals,
Inc., Akron, Inc., UCB, Inc., Endo Pharmaceuticals Inc., Sun Pharmaceutical Industries Ltd.,
Boehringer Ingelheim GmbH, and Janssen Pharmaceuticals, Inc.
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Narcotics analgesics also identified as opioids are the medications that imitate the activity of endorphins, elements produced by the body to regulate pain.