Title: Oxycodone Market Analysis 2021 Global Future Outlook, Trends, Top Companies & Forecast
1 Oxycodone Market 2021 Competitive Outlook,
Profiles And Growth Strategies, Covid 19 Outlook,
SWOT Analysis Forecast
Report Id REP-GB-7638 Published On
2018-11-16Category Healthcare, Pharmaceuticals
Medical Devices
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4Oxycodone Market Analysis
Expanding at a rather modest annual growth rate
of 4.6 percent, the global market for oxycodone
is projected to reach a revenue of US 4 Billion
in 2028showcasing an absolute dollar opportunity
of US 181.3 Mn, through 2018-2019. Future Market
Insights, in its recent analysis of the global
oxycodone market, elaborates on the key market
dynamics, opportunity assessment, and regional
and competitive landscape analysis, for a period
spanning 2018 to 2028. With nearly 10-fold
increase in the use of opioids since its
inception, the oxycodone contributes to one of
the largest revenue generator in the overall
pharmaceutical landscape. Intensifying sales of
oxycodone can be attributed to Increasing patent
expirations for branded products and much lesser
new product launches, translating into increased
consumption of genericsthat contribute to the
maximum revenue of the global oxycodone market,
thereby, fueling the net sales Growing number of
cancer treatments, which in turn, increases the
demand for supportive care medications for pain
management. Increased prescriptions of oxycodone
and Hydrocodone for treating cancer pain, will
remain the largest contributor to the sales
growth of the aforementioned medication. Request
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5Oxycodone Market Analysis
In terms of demand, high efficiency of synthetic
and semi-synthetic opioids increase its use. In
addition, Opioids prescription is highly
regulated by a set of clinical practice
guidelines, while ensuring safe access and proper
dosage. Opioids are covered under such stringent
regulations translates into increased
consumption. Rising awareness about palliative
care in terminal disease conditions combined with
favorable reimbursement policies are some
additional demand-side factors, augmenting the
consumption of opioids, projects a senior
analyst at FMI Elaborating further, the analyst
explains that palliative care programs in
USwhich includes palliative care consultation
teams and dedicated in-patient palliative care
unitsare delivered in accordance with the
government and commercial reimbursement policies,
further boosting the oxycodone market in the
region. In addition to palliative programs,
increased prescription in de-addiction programs,
is well contributing to the demand of
de-addiction opiates. Preview Analysis Global
Oxycodone Market Segmentation By Product Type -
long acting oxycodone, short acting
oxycodone By Application - pain management,
de-addiction By Distribution Channel- retail
pharmacies, hospitals pharmacies https//www.futu
remarketinsights.com/reports/oxycodone-market
6Oxycodone Market Analysis
Innovative Drug Formulations Pushing Oxycodone
Global Sales In the in-depth analysis of the
oxycodone market, FMI underlines the introduction
of innovative opiate drugs, currently occupying a
lions share. Innovations in formulationsnot
necessarily targeted at drug efficacy is a
critical supply-side driver in the global
oxycodone market. Abuse-deterrent formulations in
Oxycontin, by Purdue Pharma is one such example.
Moreover, Purdue has been granted exclusive
selling rights for Oxycontin till 2030, after it
made formulations changes to the drugs chemical
structure, thereby marketing it as an
abuse-proof, slow-releasing pill. In addition,
FDAs nod to new generation drugs, making them
less-addictive, will gain prominence through
2028. Drug advancements in extended-release
medications for pain control, would supplement to
the sales of oxycodone, globally. This scenario
is expected to create favorable adoption
opportunities for long-standing oxycodone, notes
FMI in its report titled Oxycodone Market Global
Industry Analysis 2013-2017 and Opportunity
Assessment 2018-2028.
7Oxycodone Market Analysis
- Opportunity Analysis of Oxycodone Market Reveals
Lucrative Growth Prospects - In terms of business expansion opportunities,
strategic investments, licensing agreements, and
acquisitions hold significant potential. - Apart from the above mentioned, investments in
research and development activities would present
potential growth opportunities for oxycodone
manufacturers. - Increasing strategic collaborations between
manufacturers and generic drugs distributors
operating in the pain management business, will
prove critical to forward expansion plans. - As demand for oxycodone remains uniform across
patients of all age groups, opioids are expected
to offer effective drug formulations and enhanced
solubility of API, further prompting manufactures
to capitalize on the emerging latent opportunity. - Rising prevalence of chronic diseases in humans
and increasing demand for parenteral formulations
around the world, particularly in North American
countries, will supplement to the growth of
oxycodone market in the region. - Our advisory services are aimed at helping you
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