Buprenorphine Market Trends

  • Report ID: 3193
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Buprenorphine Market Trends

Growth Drivers

  • Increasing Occurrence of Chronic Pain Disorders
  • Rising Healthcare Expenditure in Developed Nations

Challenges

  • Adverse Health Effects Associated with the Use of Buprenorphine

Buprenorphine Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

14.4%

Base Year Market Size (2023)

USD 5.44 billion

Forecast Year Market Size (2036)

USD 31.27 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3193
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of buprenorphine is assessed at USD 6.07 billion.

Buprenorphine Market size was valued at USD 5.44 billion in 2023 and is expected to exceed USD 31.27 billion by 2036, registering over 14.4% CAGR during the forecast period i.e., between 2024-2036. Increasing occurrence of chronic pain disorders and rising healthcare expenditure in developed nations will propel the market growth.

North America is set to account for largest revenue share by 2036, on the back of strong presence of market players and growing percentage of the population suffering from opioid dependency in the region.

The major players in the market are The Siegfried Group, LLP, Johnson Matthey Group, Purdue Pharma LP, Pharmaforce Inc., Hikma Pharmaceuticals PLC, and others.
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