Outlook on the Opioids Global Market to 2027 - High Incidence of Chronic Pain in Adults and Demand for Strong Agonists are Driving Growth - ResearchAndMarkets.com
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Wednesday, June 22, 2022
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The Global Opioids Market size is expected to reach $5.4 billion by 2027, rising at a market growth of 3.5% CAGR during the forecast period.
Key Points:
- The Global Opioids Market size is expected to reach $5.4 billion by 2027, rising at a market growth of 3.5% CAGR during the forecast period.
- Opioids essentially serve as pain relievers since they are composed of substances that relax muscles and alleviate pain and stress.
- Opioids are the most commonly prescribed pain relievers for people suffering from moderate to severe chronic pain.
- Individuals diagnosed with terminal illnesses suffering from severe and chronic physical pain are the main recipient of these analgesics.