Morphine Market Report: Trends, Forecast and Competitive Analysis to 2030

Morphine Trends and Forecast

The future of the global morphine market looks promising with opportunities in the hospitals & clinics and ambulatory surgical centers markets. The global morphine market is expected to grow with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are surge in cancer and other disease cases accentuates and escalating utilization of morphine for pain management.

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Morphine by Segment

The study includes a forecast for the global morphine by dosage form, distrbution channel, application, end use, and region.

Morphine Market by Dosage Form [Shipment Analysis by Value from 2018 to 2030]:

• Injection
• Oral Tablets
• Others

Morphine Market by Distrbution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Others

Morphine Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Pain Management
• Diarrhea Suppressant
• Cold And Cough Suppressant
• Others

Morphine Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Others

Morphine Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Morphine Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies morphine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the morphine companies profiled in this report include-

• Mallinckrodt Pharmaceuticals
• Alcaliber
• Purdue Pharma
• Sanofi Winthrop Industries
• Macfarlan Smith
• Sun Pharmaceutical Industries
• Qinghai Pharmaceutical
• Northeast Pharmaceutical
• Pfizer
• Verve Health Care

Morphine Market Insights

Lucintel forecasts that injection will remain the largest segment over the forecast period due to growing occurrence of neurological diseases.

Within this market, hospitals and clinics will remain the largest segment due to high prescriptions.

North America will remain the largest region over the forecast period due to surging prevalence of chronic diseases.

Features of the Global Morphine Market

Market Size Estimates: Morphine market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Morphine market size by various segments, such as by dosage form, distrbution channel, application, end use, and region in terms of value ($B).

Regional Analysis: Morphine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different dosage form, distrbution channel, application, end use, and regions for the morphine market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the morphine market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for morphine market?

Answer: The global morphine market is expected to grow with a CAGR of 8.1% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the morphine market?

Answer: The major drivers for this market are surge in cancer and other disease cases accentuates and escalating utilization of morphine for pain management.

Q3. What are the major segments for morphine market?

Answer: The future of the morphine market looks promising with opportunities in the hospitals & clinics and ambulatory surgical centers markets.

Q4. Who are the key morphine market companies?

Answer: Some of the key morphine companies are as follows.

• Mallinckrodt Pharmaceuticals
• Alcaliber
• Purdue Pharma
• Sanofi Winthrop Industries
• Macfarlan Smith
• Sun Pharmaceutical Industries
• Qinghai Pharmaceutical
• Northeast Pharmaceutical
• Pfizer
• Verve Health Care

Q5. Which morphine market segment will be the largest in future?

Answer: Lucintel forecasts that injection will remain the largest segment over the forecast period due to growing occurrence of neurological diseases.

Q6. In morphine market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to surging prevalence of chronic diseases.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the morphine market by dosage form (injection, oral tablets, and others), distrbution channel (hospital pharmacies, retail pharmacies, online pharmacies, and others), application (pain management, diarrhea suppressant, cold and cough suppressant, and others), end use (hospitals & clinics, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?