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Medical Morphine Market Status Analysis and Forecast 2026| Sun Pharmaceutical Industries Ltd, Pfizer Inc, Fresenius Kabi USA, Daiichi Sankyo company limited

Analysis and estimations derived through the massive information gathered in this Morphine Market  market report are extremely necessary when it comes to dominating the market or creating a mark in the market as a new emergent. The Morphine Market  market report delivers all-inclusive analysis of the market structure along with forecast of the various segments and sub-segments of the healthcare industry. This wide-ranging Morphine Market  market research report acts as a backbone for the success of business in any niche. This global Morphine Market  market report has been prepared by conducting market research in a systematic manner.

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Few of the major competitors currently working in the morphine market are Mallinckrodt plc., Alcaliber S.A, Sanofi, Johnson Matthey, Qinghai Lake Pharmaceutical Co.,Ltd., Northeast Pharmaceutical Group Co., Ltd, Sun Pharmaceutical Industries Ltd, Pfizer Inc, Fresenius Kabi USA, Daiichi Sankyo company limited, Rhodes Pharmaceuticals L.P, Allergan, Pacira BioSciences, Inc., Endo Pharmaceuticals Inc., Tris Pharma, Inc, US WorldMeds, LLC, Egalet Corporation and among others.

Key Developments in the Market:

  • In May 2019, US WorldMeds, LLC has initiated Phase III trial for apomorphine for the treatment of motor fluctuations in Idiopathic Parkinson’s disease. The study expects to enroll 99 patients with early stage Parkinson’s and expect to complete by end of the Oct’19
  • In December 2017, Egalet Corporation received FDA tentative approval for an expanded label of ARYMO ER (morphine sulfate), extended-release tablets for the management of pain

Competitive Analysis: 

Global medical morphine market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical morphine market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Market Drivers

  • Increasing cases of cancer related treatment worldwide as morphine is valuable agent to overcome cancer related pain
  • Vulnerable aging population and their medical conditions like arthritis
  • Rising awareness about treatment and technological advancement is driving the growth of market

Market Restraints

  • Morphine is potent drug abuse worldwide due to its sedative and euphoric nature
  • Effective treatment is either unavailable or unaffordable
  • Insufficient awareness about pain management in some developing countries
  • Government hefty regulations to prevent illicit use of morphine

Segmentation: Global Medical Morphine Market

By Application Type

(Anesthesia, Cough Suppressant, Diarrhea Suppressant And Others),

Indication Type

(Cancer, Arthritis, Parkinson’s disease, Myocardial infraction and others),

Ingredient Type

(Apomorphine Hydrochloride, Morphine Sulfate, Morphine Acetate, and Others),

Dosage Form Type

(Oral Tablets, Injection, Capsule, and others),

Route of Administration

(Oral, Intramuscular, Intravenous, Subcutaneous and Others ),

End- users

(Hospitals, Homecare, Specialty Clinics, Others),

Geography

(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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