Morphine Market Increasing Demand, Growth Analysis and Future Outlook by 2030

The global morphine market is estimated to grow at a significant CAGR during the forecast period. The key factor attributing to the growth of the market is the rise in the usage of morphine for pain management. Morphine is considered one of the most effective drugs for the management of pain. The global morphine market is estimated to grow at a significant CAGR during the forecast period. The key factor attributing to the growth of the market is the rise in the usage of morphine for pain management. Morphine is considered one of the most effective drugs for the management of pain. In addition, their use in the management of severe pain and chronic pain, which are related to advanced medical illness, is considered to be standard practice in most parts of the globe.

 

A full report of Morphine Market is available at: https://www.omrglobal.com/industry-reports/morphine-market-size

 

Furthermore, the increasing occurrence of orthopaedic disorders, like arthritis, elbow pain, fibromyalgia, and osteoporosis, is the major factor responsible for the increasing growth of the global morphine market. As per the World Health Organization, by 2040, 120 million people will suffer from Osteoarthritis, globally, of whom 35 million will be severely disabled by the disease. The growing usage of morphine in pain management is accelerating the market growth as the patient pool is raising. However, prescription drug abuse and risk factors related to the intake of morphine are the concerns obstructing the market growth.

 

Morphine is employed to relieve moderate to severe pain. Morphine extended-release tablets and capsules are only employed to relieve severe pain that cannot be controlled by the use of other pain medications. As per the recent study published in the Archives of Internal Medicine in 2019, it was anticipated that 16% to 21% of physician visits in the United States involve an opioid prescription. Opioids play an important role in acute post-operative settings to provide adequate analgesia.

 

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/morphine-market-size

 

Market Coverage

  • The market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027
  • Segment Covered-

o             By Dosage Form

o             By Application

  • Competitive Landscape: MALLINCKRODT PHARMACEUTICALS, Pfizer Inc., Sun Pharmaceutical Industries Ltd, Verve Health Care Ltd, Mayne Pharma Group Limited.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominates the market in base year?
  • Which segment and region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Morphine Market by Segment

 

By Dosage Form

  • Injection
  • Oral Tablets
  • Other Dosage Forms

By Application

  • Pain Management
  • Diarrhoea Suppressant

Morphine Market– Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

  • MALLINCKRODT PHARMACEUTICALS
  • Pfizer Inc.
  • Sun Pharmaceutical Industries Ltd
  • Verve Health Care Ltd
  • Mayne Pharma Group Limited.

Reasons to Buying From us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

 

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

 

 

Media Contact:

 

Contact Person: Mr. Anurag Tiwari

Email: anurag@omrglobal.com

Contact no: +91 780-304-0404

Company Name: Orion Market Research

 

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f