Opioid Withdrawal Treatment Market Report Overview
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The global opioid withdrawal treatment market size was expected to be USD 1655.7 million in 2021 and is projected to touch USD 2975.95 million by 2031, exhibiting a CAGR of 5.7% during the forecast period.
Pharmacological therapy of opioid withdrawal is required when opioid withdrawal symptoms are present. Methadone or buprenorphine are used to substitute opioids on a long-term basis. Both inpatient and outpatient treatment settings can provide methadone. Ibuprofen for myalgia, promethazine for nausea/vomiting, and loperamide for diarrhoea are all used as symptomatic treatments for opiate withdrawal. To lower blood pressure, clonidine can be administered. Opioids are compounds that bind to opioid receptors and cause effects similar to those of morphine. In medicine, they are mostly employed for anaesthetic and pain treatment. Suppression of diarrhoea, replacement therapy for opioid use disorder, reversing opioid overdose, and suppression of cough are a few further medicinal uses. Only veterinary use of extremely powerful opiates like carfentanil is permitted.
Interprofessional teamwork among psychiatrists, nurses, social workers, therapists, pharmacists, and certain other healthcare professionals is necessary to treat opioid withdrawal. Before being moved to an inpatient or outpatient drug detoxification programme, the patient is first stabilised in the emergency department setting. Until a patient is released to an outpatient setting and has a follow-up appointment with a psychiatrist, nurses, therapists, and psychiatrists collaborate to treat symptoms in an inpatient detoxification centre. Thus, treating and managing an opioid withdrawal patient requires comprehensive treatment from several different healthcare providers. Respect for the opinions of other healthcare professionals and effective communication are essential for teamwork. The patient must, above all, actively participate in treatment decisions and have their needs met.
COVID-19 Impact: The Pandemic Depleted its Demand With a Negative Impact on Market
The global COVID-19 pandemic has been unprecedented and staggering, with the opioid withdrawal treatment market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
Opioid use disorder is a complicated illness, and effective treatment necessitates a multi-system approach along with substantial time and resource investment. Patients with opioid use disorder are suffering as a result of the COVID-19 pandemic's disruption of this system. Despite a steady proportion of patients reporting with opioid use disorders as well as overdoses, enrollment in ED-initiated drugs for opioid use disorder fell by 90%, while the number of fatalities from opioid overdoses increased on a monthly basis across the state.
LATEST TRENDS
"The Research and Development to Flourish the Market Demand"
The market for opioid withdrawal treatments is growing generally because of increased R&D and technological advancements. The opioid withdrawal treatment market is driven by rising demand for outpatient rehabilitation treatment facilities. Due to rising drug demand, non-steroidal anti-inflammatory pharmaceuticals generate the greatest revenue share. Due to a rise in the usage of prescribed opioid withdrawal therapy drugs, hospital pharmacies account for the biggest percentage.
Opioid Withdrawal Treatment Market Segmentation
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- By Type
Based on type; the opioid withdrawal treatment market is divided into anti-inflammatory drugs, anti-nausea medications, analgesics and others.
Anti-inflammatory is the leading part of the type segment.
- By Application
Based on the application; the opioid withdrawal treatment market is divided into hospital pharmacy, retail pharmacies, online stores and others.
Hospital pharmacies is the leading part of the application segment.
DRIVING FACTORS
"Need for Protecting Youngsters from Drug Abuse to Inflate the Market Share"
Peddlers have developed new techniques for setting their traps for children. The younger generation is simpler to trick, and over time, these kids develop drug addictions to a variety of substances. As a result, the prevalence of drug usage has dramatically increased in recent years. The usage of pharmaceuticals to treat sadness and anxiety has also turned out to be a problem for the worldwide healthcare sector. Opioid withdrawal treatment must become a sound area of healthcare in order to prevent the negative impacts of long-term drug use. Additionally, medical professionals are speaking out more about the existence of drug dealers who are manipulating the youth. This element has subtly contributed to the market expansion for opiate withdrawal treatments.
"The Rising Popularity of Rehab Centers to Boost the Market Demand"
Parents are more worried about their children's mental health as the public's awareness of the drug epidemic grows. This has recently given the industry for the treatment of opiate withdrawal worldwide a boost. Additionally, government officials have implemented practical measures to stop young adults from slipping into the pitfall of drug misuse. The creation of treatment facilities for those experiencing opioid symptoms of withdrawal has grown to be a common practise. The increasing number of people who visit rehabs to stop using drugs has significantly contributed to the expansion of the market for opioid withdrawal treatments worldwide. Additionally, the necessity to ensure a balanced living for all groups of individuals has sparked a new demand for opiate withdrawal treatments.
RESTRAINING FACTORS
"The Misleading With the Prescription and Consumption to Restrain the Market"
The overuse of prescription painkillers is one of the main factors contributing to opioid withdrawal treatment market in the USA. When recommending opioids to patients, doctors and other healthcare professionals need to exercise caution. A side effect of drug use is an increased risk for infectious infections, so healthcare professionals should only provide their patients a minimal prescription of opioids when necessary. About 80% to 90% of injectable opioid users had positive screening results for the hepatitis A, B, and C viruses. Many people who use injectable drugs also test positive for HIV. According to reports, up to 60% of people who take opioids have HIV.
Opioid Withdrawal Treatment Market Regional Insights
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"North America to Lead the Market with Well Established Health Infrastructure and Prominent Manufacturers"
Because of its significant manufacturing location and well-established healthcare infrastructure, North America dominates the opioid withdrawal treatment medication industry. Due to the high prevalence of chronic diseases and rising usage of opioid medicines as painkillers, North America is predicted to hold the largest opioid withdrawal treatment market share globally. Because of the increasing number of product offerings by the major players, the opioid withdrawal treatment market growth is anticipated to rise at a considerable CAGR. During the projection period, it is anticipated to hold the second-largest market share for treatments for diverticular disease.
KEY INDUSTRY PLAYERS
"Key Industry Players to Promote the Market Expansion"
The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market.
List of Market Players Profiled
- Merck & Co. (U.S.A)
- Teva Pharmaceutical Industries Ltd (Israel)
- Pfizer Inc. (U.S.A)
- Novartis (Switzerland)
- Sanofi (U.S.A)
- Johnson & Johnson Services (U.S.A)
- Hoffmann-La Roche Ltd (U.S.A)
- Bayer AG (India).
REPORT COVERAGE
This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching of recent industry developments, deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 1655.7 Million in 2021 |
Market Size Value By |
US$ 2975.95 Million by 2031 |
Growth Rate |
CAGR of 5.7% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
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What value is the opioid withdrawal treatment market expected to touch by 2031?
The global opioid withdrawal treatment market is projected to touch USD 2975.95 million by 2031.
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What CAGR is the opioid withdrawal treatment market expected to exhibit by 2031?
The opioid withdrawal treatment market is expected to exhibit a CAGR of 5.7 % by the forecasted year 2031.
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What are the driving factors of the opioid withdrawal treatment market?
Need for protecting youngsters from drug abuse and the rising popularity of rehab centred are the driving factors of the opioid withdrawal treatment market.
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Which are the top companies operating in the opioid withdrawal treatment market?
Merck & Co., Teva Pharmaceutical Industries Ltd, Pfizer Inc., Novartis, Sanofi, Johnson & Johnson Services, Hoffmann-La Roche Ltd, Bayer AG and others.