Hydrocodone Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Demand for Pain Relieving Drugs Globally
- Increasing Medical Research and Development Activities
Challenges
- Stringent Regulations for the Use of Opioids in Some Regions
- Addictive Nature of Hydrocodone
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Frequently Asked Questions (FAQ)
Hydrocodone Market size is anticipated to witness lucrative growth rate during the forecast period i.e., between 2025-2037.
The growing demand for hydrocodone-based painkillers will boost the market growth.
Europe industry is anticipated to account for largest revenue share by 2037, propelled by advancements in the healthcare sector in the region.
The major players in the market are Gilead Sciences, Inc., Novartis AG, Sanofi-aventis Groupe, Abbott Laboratories, Merck & Co., Inc., Siemens Healthcare GmbH, Pfizer Inc., Eli Lilly and Company, BioControl Medical, and others.
