Morphine Market Size

Morphine Market size was over USD 17.27 billion in 2024 and is projected to reach USD 40.13 billion by 2037, growing at around 6.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of morphine is assessed at USD 18.2 billion. The growth of this market can be attributed to the back of high prevalence of chronic diseases and orthopedic health issues raising the demand for morphine in the pain management sector. As per the estimates, by 2050 around 130 million people are expected to suffer from osteoarthritis out of which 40 million will be physically disabled across the globe.

People's lifestyle changes causing pain and the increasing number of surgical procedures may also drive the expansion of this morphine market. As a result of increased pain post-surgery, morphine is a common drug prescribed to patients after surgery to ease surgical pain.