The Worldwide Opioids Industry is Expected to Reach $6 Billion by 2030 - ResearchAndMarkets.com
The global opioids market was valued at $4,412.48 million in 2020, and is projected to reach $6,060.17 million by 2030, registering a CAGR of 3.2% from 2021 to 2030.
- The global opioids market was valued at $4,412.48 million in 2020, and is projected to reach $6,060.17 million by 2030, registering a CAGR of 3.2% from 2021 to 2030.
- Prescription opioids are primarily used to treat moderate to severe pain, while some opioids can be used to alleviate coughing and diarrhea.
- The growth of the global opioids market is driven by alarming increase in incidence of orthopedic diseases & chronic pain.
- Furthermore, rise in disposable income and surge in geriatric population are expected to propel the growth of the global opioids market.