Dubai, UAE -- (SBWire) -- 11/24/2020 --The development of tolerance for non-narcotic analgesics is the primarily reason behind the constantly increasing sales for narcotic analgesics. Attributing to the higher efficacy in pain management and quick onset of action, narcotic analgesics are largely used in palliative care services for treating patients suffering from neuropathic pain. Increasing focus on palliative care services in third world countries and readily available reimbursements are the key factors expected to boost the consumption of narcotic analgesics globally. Moreover, various government initiatives to provide palliative care in low-/middle-income countries for the effective treatment of patients suffering from debilitating cancer pain are increasing the demand for narcotic analgesics as pain medication in these countries.

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Narcotic Analgesics Market: Segmentation

The global narcotic analgesics market can be segmented on the basis of form type, product type, application, dosage form, distribution channel and geography.

Based on form, the global narcotic analgesics market has been segmented as:

Natural
Semi-synthetic
Synthetic

Based on the product type, the global narcotic analgesics market has been segmented as:
Oxycodone
Fentanyl
Hydrocodone
Hydromorphone
Morphine
Methadone
Oxymorphone
Pentazocine

Based on the application, the global narcotic analgesics market has been segmented as:
Analgesia
Surgical Pain
Cancer Pain
Neuropathic Pain
Cough Suppression
Diarrhea Suppression

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Narcotic Analgesics Market: Market Participants

The global market for narcotic analgesics is fragmented with a large number of market players. Examples of some of the primary players operating in the global narcotic analgesics market are Purdue Pharma, Pfizer Inc., Boehringer Ingelheim, Janssen Pharmaceuticals, Inc., Actavis Plc., Sanofi, Mallinckrodt Pharmaceuticals, Endo Pharmaceuticals Inc., Sun Pharmaceutical Industries Ltd and Egalet.

Pertinent aspects this study on the Narcotic Analgesics market tries to answer exhaustively are:

-    What is the forecast size (revenue/volumes) of the most lucrative regional market?
-    What is the share of the dominant product/technology segment in the Narcotic Analgesics market?
-    What regions are likely to witness sizable investments in research and development funding?
-    What are Covid 19 implication on Narcotic Analgesics market and learn how businesses can respond, manage and mitigate the risks?
-    Which countries will be the next destination for industry leaders in order to tap new revenue streams?
-    Which new regulations might cause disruption in industry sentiments in near future?
-    Which is the share of the dominant end user?
-    Which region is expected to rise at the most dominant growth rate?
-    Which technologies will have massive impact of new avenues in the Narcotic Analgesics market?
-    Which key end-use industry trends are expected to shape the growth prospects of the Narcotic Analgesics market?
-    What factors will promote new entrants in the Narcotic Analgesics market?
-    What is the degree of fragmentation in the Narcotic Analgesics market, and will it increase in coming years?

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