Opioids Market Growth Driven by Chronic Pain and Aging Population
Worldwide revenue from the opioids market stands at US$ 42.9 Bn in 2022, with the global market estimated to surge ahead at a CAGR of 3.3% to reach a valuation of US$ 61.1 Bn by the end of 2033. The Opioids Market is anticipated to grow as a result of an increase in the number of patients with chronic diseases like cancer and Chronic Pulmonary Obstructive Disease (COPD), as well as an increase in the number of prescription drugs for post-operative pain relief and various trauma situations that causes pain.