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Increasing number of opioid prescriptions in the U.S. to fuel the growth of global medical morphine by 2025. https://www.adroitmarketresearch.com/industry-reports/medical-morphine-market
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Adroit Market Research Medical Morphine Market Medical Morphine Market Size 2017 By Indication (Cancer, Arthritis, and Others), By Route of Administration (Injectables, Oral, and Others), By Region and Forecast 2018 to 2025 Single Use License: US$ 4200 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Medical Morphine Global Medical Morphine Market Market Size Size and Share and Share- -Global Forecast to 2025 Global Forecast to 2025 • Adroit Market Research launched a study titled, “Global Medical Morphine Market Size 2018 By Indication (Cancer, Arthritis, and Others), By Route of Administration (Injectables, Oral, and Others), By Region and Forecast 2018 to 2025”. The study covers the global medical morphine market value for a period from 2015 to 2025. The global medical morphine market report also includes insights into the industry such as pipeline analysis, and porters five forces analysis, along with drivers and restraints. • By 2025, the global medical morphine market size is estimated to reach USD 13.44 billion majorly driven by increasing consumption within the U.S. Increasing prevalence of cancer coupled with high efficacy of morphine to overcome cancer-related pain has increased the number of morphine prescriptions across North America. Additionally, increasing geriatric population and related medical conditions such as arthritis are expected to spur the demand for morphine by 2025. • Morphine is one of the most abused drug globally. To prevent drug abuse, various regional governments are implementing initiatives to prevent illicit use of the drug. On the other hand, initiatives to treat morphine addicts are gaining attention. For instance, in August 2017, Read more details of the report at: https://adroitmarketresearch.com/industry-reports/medical-morphine- market +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Medical Morphine Global Medical Morphine Market Size Market Size and Share and Share- -Global Forecast to 2025 Global Forecast to 2025 • Furthermore, researchers at the University of Washington have developed a smartphone application named as Second Chances which is still in trials features opioid overdose detection. The application uses sonar to monitor the breathing of the user to monitor opioid overdose. Such advancements are expected to reduce the opioid crisis within the U.S. encouraging medical use of morphine. • In terms of indication, others segment dominated the global medical morphine market pertaining to a large number of prescriptions of morphine for nominal medical conditions such as body pain, migraine, and many others within the U.S. which consumes more than 50% morphine globally. • In terms of region, North America dominated the global market and is expected to do so in the coming years pertaining to rising consumption and abundant availability of the drug within the country. Within the U.S, during 2013-2015, 1 daily dose of opioids were prescribed for every 20 people compared to 1 in 800 in Japan. High per capita consumption of the drug within the U.S. and Canada is expected to drive the regional demand in coming years. According to the International Narcotics Control Board, in 2015, morphine consumption within Canada was 117.74 mg/capita whereas in the U.S. it was 60.99 mg/capita. Both the countries ranked in the top 5 globally. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Medical Morphine Market Size and Share Global Medical Morphine Market Size and Share- -Global Forecast to 2025 Global Forecast to 2025 • Indication Overview, 2015-2025 (USD Million) • Cancer • Arthritis • Others • Route of Administration Overview, 2015-2025 (USD Million) • Oral • Injectable • Others • Regional Overview, 2015-2025 (USD Million) • North America • U.S. • Europe • Germany • Asia-Pacific • China • India • Rest of the World +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research About Us About Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. Contact Us US Headquarters Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
