Press release
Codeine Drug Market May Set New Growth Story: Pfizer, Abbott, Merck
Codeine Drug Market
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Summary
What is Codeine Drug Market Scope?
The painkiller Codeine is an antibiotic of morphine that is used to reduce pain, coughing, and diarrhea. The sap of the Papaver somniferum, contains it naturally. It is most commonly used to relieve mild to moderate pain. When coupled with paracetamol (acetaminophen) or a nonsteroidal anti-inflammatory medicine (NSAID) like aspirin or ibuprofen, a greater benefit may be obtained. Its use for acute cough suppression in children or adults is not supported by evidence. It's usually consumed by mouth. It usually begins to operate after half an hour and reaches its peak effect after two hours.
The Codeine Drug market study is being classified by Type (Tablets and Syrup) and major geographies with country level break-up.
The demand for Codeine Drugs is increasing as People around the world are facing Cough, Pain and Diarrhea. The Leading Market Players are facing Stiff Competition. The Leading Players are engaging in organic and non-organic strategic global expansion to maintain their Market Position. Analysts at HTF MI predicts that Players from United States will contribute to the maximum growth of Global Codeine Drug market throughout the predicted period.
Pfizer (United States), Abbott (United States), Merck (United States), Sanofi (France), Johnson and Johnson (United States), Janssen Pharmaceuticals (Belgium), Mallinckrodt Pharmaceuticals (United Kingdom), Endo Pharmaceuticals (Ireland), Assertio Therapeutics (United States) and Sun Pharma (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cipla (India), Purdue Pharma (United States) and Actavis Plc (United States).
Segmentation Analysis
Analyst at HTF MI have segmented the market study of Global Codeine Drug market by Type, Application and Region.
On the basis of geography, the market of Codeine Drug has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In March 2020 Assertio Therapeutics released a Statement Stating Merger with Zyla Life Sciences. The merger will result in a top commercial pharmaceutical business with drugs in the areas of neurology, inflammation, and pain. Neurologists, orthopedic surgeons, internists, women's health professionals, podiatrists, and pain management specialists will benefit from the combined company's leading portfolio of branded non-steroidal anti-inflammatory medications (NSAIDs).
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Influencing Market Trend
Leading Pharma Companies are Increasing Awareness Regarding Palliative Care Services
Market Drivers
Rise in Number of Cough and Body Pain Cases in Current Pandemic
Opportunities
More Improved Product Offers in Terms of Health Benefits and Convenience, as Well as Legal Compliance
Restraints
Long-Term Codeine Drug use Can Result in Alcoholism and Addiction
Many People Prefer Home-Made Medicines rather than Purchasing Prescription Drugs
Challenges
Side-Effects of Codeine Drugs
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Drugs Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. HTF MI Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
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Frequently Asked Questions (FAQ):
1. At what growth rate would the Codeine Drug market expands?
The Global Codeine Drug market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Codeine Drug market?
The prominent players of Global Codeine Drug market are Pfizer (United States), Abbott (United States), Merck (United States), Sanofi (France), Johnson and Johnson (United States), Janssen Pharmaceuticals (Belgium), Mallinckrodt Pharmaceuticals (United Kingdom), Endo Pharmaceuticals (Ireland), Assertio Therapeutics (United States) and Sun Pharma (India), to name a few.
3. What are the top priorities to focus for Codeine Drug market's growth?
In this highly competitive & fast evolving Codeine Drug industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.
Strategic Points Covered in Table of Content of Global Codeine Drug Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Codeine Drug Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary - the basic information of the Global Codeine Drug Market Insights by Application, Product Type, Competitive Landscape & Regi
....Continued
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