Fentanyl Trends and Forecast
The future of the global fentanyl market looks promising with opportunities in the hospital, oncology center, and surgical center markets. The global fentanyl market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rising aging population globally, increasing incidences of cancer and rising oncology spending.Fentanyl by Segment
The study includes a forecast for the global fentanyl by route of administration, end use, and region.Fentanyl Market by Route of Administration [Shipment Analysis by Value from 2018 to 2030]:
- Sublingual Tablet
- Buccal Tablet
- Oral Film
- Others
Fentanyl Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Hospital
- Oncology Centers
- Surgical Centers
- Others
Fentanyl Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Fentanyl 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 fentanyl companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fentanyl companies profiled in this report include:- Bayer
- Novartis
- Sanofi-Aventis Groupe
- Abbott Laboratories
- Merck & Co
- Validus Pharmaceuticals
- Teva Pharmaceutical Industries
Fentanyl Market Insights
The report forecasts that oral film is expected to witness the highest growth over the forecast period.Within this market, oncology center will remain the largest segment due to rising number of individuals diagnosed with cancer.
North America is expected to witness highest growth over the forecast period due to increasing population and research endeavors, coupled with health insurance encompassing diverse cancer diagnoses.
Features of the Global Fentanyl Market
- Market Size Estimates: Fentanyl market size estimation in terms of value ($B).- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Fentanyl market size by route of administration, end use, and region in terms of value ($B).
- Regional Analysis: Fentanyl market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different route of administration, end use, and regions for the fentanyl market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fentanyl market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for fentanyl market?Answer: The global fentanyl market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the fentanyl market?
Answer: The major drivers for this market are rising aging population globally, increasing incidences of cancer and rising oncology spending.
Q3. What are the major segments for fentanyl market?
Answer: The future of the global fentanyl market looks promising with opportunities in the hospital, oncology center, and surgical center markets.
Q4. Who are the key fentanyl market companies?
Answer: Some of the key fentanyl companies are as follows:
- Bayer
- Novartis
- Sanofi-Aventis Groupe
- Abbott Laboratories
- Merck & Co
- Validus Pharmaceuticals
- Teva Pharmaceutical Industries
Answer: The report forecasts that oral film is expected to witness the highest growth over the forecast period.
Q6. In fentanyl market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing population and research endeavors, coupled with health insurance encompassing diverse cancer diagnoses.
Q7. Do we receive customization in this report?
Answer: Yes, the publisherl provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fentanyl market by route of administration (sublingual tablet, buccal tablet, oral film, and others), end use (hospital, oncology centers, 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?
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Table of Contents
Companies Mentioned
- Bayer
- Novartis
- Sanofi-Aventis Groupe
- Abbott Laboratories
- Merck & Co
- Validus Pharmaceuticals
- Teva Pharmaceutical Industries
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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