Egypt Opioid Use Disorder Market Analysis

Egypt Opioid Use Disorder Market Analysis


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Egypt opioid use disorder market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The market for opioid use disorders is anticipated to expand in the upcoming years as a result of factors such as an expansion of the patient base and the anticipated introduction of cutting-edge therapies by top firms like Braeburn Pharmaceuticals, BioXcel Therapeutics, MediciNova, AstraZeneca, and others. Some of the major key players in this market are AstraZeneca Plc., BioDelivery Sciences International Inc., Braeburn, Cerebral, Hikma Pharmaceuticals Plc., etc.

ID: IN10EGPH347 CATEGORY: Pharmaceuticals GEOGRAPHY: Egypt AUTHOR: Saloni Shah

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Egypt Opioid Use Disorder Market Analysis Summary

Egypt Opioid Use Disorder Market is valued at around $8.3 Mn in 2022 and is projected to reach $20.2 Mn by 2030, exhibiting a CAGR of 11.8% during the forecast period 2023-2030.

Opioid Use Disorder (OUD) is a complicated disorder characterized by compulsive use of opioid medicines, despite a person's desire to stop using them or the fact that the drugs hurt their emotional and physical health. Buprenorphine, methadone, and naltrexone are three pharmacological groups used in pharmaceutical treatment. These are the only drug classes recognized by the American FDA. As the number of individuals suffering from chronic pain increases globally, there will undoubtedly be an increase in the number of prescriptions written for medicines, which usually contain opioids. However, after the patient has taken these opioid-based medications and the agony has subsided, the dependency or addiction to the drugs increases. This addiction has deadly consequences because an opioid overdose can cause death or a lifetime impairment of a person's typical psychological and physiological functioning. The market for opioid use disorders is anticipated to expand in the upcoming years as a result of factors such as an expansion of the patient base and the anticipated introduction of cutting-edge therapies by top firms like Braeburn Pharmaceuticals, BioXcel Therapeutics, MediciNova, AstraZeneca, and others. The major key players in this market are AstraZeneca Plc., BioDelivery Sciences International Inc., Braeburn, Cerebral, Hikma Pharmaceuticals PLC, NYC Health + Hospitals, Dr. Reddy, Indivior PLC, Mallinckrodt Pharmaceuticals, and Titan Pharmaceuticals, Inc.

Market Dynamics

Market Growth Drivers

Currently, the world's population suffers from a variety of severe and chronic illnesses, including cancer, cardiovascular ailments, and other maladies. To address these illnesses, patients take painkillers, typically opioids. Patients who utilize drugs frequently develop drug addictions. As a result of their abrupt discontinuation and growing dependence on certain medications, the patients could experience drug withdrawal symptoms. These may act as a driver for the opioid use disorder market. Another key aspect fueling the market rise is the increasing involvement of governmental and non-governmental groups in raising awareness about opioid overdose and its dangers.

Market Restraints

The market is expected to face challenges during the forecast period as a result of the negative effects of the medications used to treat opioid addiction. These medications frequently cause muscle aches, nausea, vomiting, diarrhea, constipation, respiratory problems, bone/joint pain, bladder pain, and cramping in the abdomen. In addition, when a drug reaction is strong, the patient may also experience depression and other psychological issues. Additionally, the U.S. FDA has issued a warning due to the hazards connected with these drugs, which has a negative effect on the drug class and decrease the uptake of pharmaceuticals for the treatment of OUD.

Competitive Landscape

Key Player

  • AstraZeneca Plc.
  • BioDelivery Sciences International Inc.
  • Braeburn
  • Cerebral
  • Hikma Pharmaceuticals PLC
  • NYC Health + Hospitals
  • Dr. Reddy
  • Indivior PLC
  • Mallinckrodt Pharmaceuticals
  • Titan Pharmaceuticals, Inc.?

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Egypt Opioid Use Disorder Market Segmentation

By Product Type

  • Codeine
  • Fentanyl
  • Morphine
  • Meperidine
  • Methadone
  • Tramadol
  • Other

By Receptor Binding

  • Strong Agonist
  • Mild to Moderate Agonist

By Distribution Channels

  • Hospital pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

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Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 27 February 2024
Updated by: Riya Doshi

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