About Narcotic Drugs
Narcotic Drugs is type of drugs which is used to treat moderate to severe pain. Narcotics are like opiates such as morphine and codeine, but are not made from opium. They bind to opioid receptors in the central nervous system. Narcotics are now called opioids. In medicine, a narcotic drug is chemical agent that brings coma, or insensibility to pain also called narcotic analgesic. Narcotic drug that produces analgesia which means pain relief as well as narcosis which means state of sleep and addiction that means physical dependence on the drug. In some people narcotics also produce euphoria a feeling of great joy. Narcotic drugs are the addictive substance that reduces the patientís perception of pain and brings joy. These drugs are oldest and strongest pain-relieving agents which cause depression of central nervous system and produce sleeping state in patients.
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Global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer expenditure patterns, frequent changes in consumer preferences. And the competition consists the company profit and company global market strategic. The Global market of Narcotic Drugs is including the high market capturing key player. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Narcotic Drugs market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson & Johnson (United States), Roche (Switzerland), Novartis Ag (Switzerland), Merck & Co. (United States), Pfizer (United States), Merck (United States), Glaxosmithkline (United Kingdom), Sanofi (Paris), Sun Pharma (India) and Glaxosmithkline Australia Pty Ltd. (Australia) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Celanese Chemicals (United States), Bedoukian Research Inc. (United States) and Eastman Chemical Company. (United States).
AMA Research has segmented the market of Global Narcotic Drugs market by Type (Opium, Heroin, Demerol, Darvon and Others) and Region.
On the basis of geography, the market of Narcotic Drugs 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). If we see Market by Types, the sub-segment i.e. Stimulants (E.G. Cocaine) will boost the Narcotic Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Narcotic Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Male will boost the Narcotic Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Morphine will boost the Narcotic Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On May 24 2022 - pfizer inc. And biohaven pharmaceutical announced that pfizer will acquire biohaven after years of collaborative drug development, improving access to medicine used to treat migraines. Pfizer had already owned a portion of biohaven before this new agreement, and the acquisition will transfer ownership of several drugs to pfizer for future commercialization. According to the merge and acquisition Pfizer will obtain rights to commercialize NURTEC ODT, a compound used to treat acute migraine, and another migraine medication called zavegepant. Pfizerís and Biohaven will continue to focus on migraine treatment drug development.
In 2021 CRIMJUST launched the first issue of a new publication series Cocaine cultivation and production of cocaine is concentrated in Latin America, especially Colombia. providing a much bigger supply of raw material to the cocaine market. The cocaine market continues to be very dynamic and rapidly growing. CRIMJUST is part of the European Unionís Global Illicit Flows Programmed, aiming at fighting international crime, and particularly drug trafficking, through international cooperation and in line with international legal instruments. For its second phase, CRIMJUST has a strong focus on research. It is contributes to the fight against organized crime and drugs trafficking by producing strategic and action-oriented knowledge to support evidence-based policy making and field operations to reduce the cocaine threat.
In 2021 The Narcotic Drugs and Psychotropic Substances (Amendment) Bill, 2021 was passed by Lok Sabha. Two separate pieces of legislations are likely to be piloted to amend the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. The NDPS Act empowers the government to declare any substance as a 'controlled substance' after considering its possible use in the production or manufacture of narcotic drugs or psychotropic substances. Besides the move to decriminalize personal consumption of small quantities of drugs, narcotics and psychotropic substances, the amendments may bring strict punishing provisions against drug traffickers. The Narcotics Control Bureau has however sought clarity on agencies and departments which will be responsible for rehabilitation and deaddiction programmed.
- Rising Frequency of Chronic Pain in Adults
- Demand for Strong Agonists
- Addiction of Drugs Is Increasing
- Rising Population of Narcotic Drugs Takers
- Globally, Millions of People Have Been Suffering from Acute or Chronic Pain
- Difficulty and Risk Related to Use of Product
- Increasing Cases of Narcotic Drugs Addictions and Overdoses
- Legal Aspect About Product
- Habits of Consumers Toward Product
- Difficulties in Controlling Its Use
- Supply Chain or Even the Different Global Commercial Practices
Key Target Audience
HospitaL, Clinic, Patient, Vendor, Government bodies, Corporate bodies and Others
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):What all players are profiled in the study?
The standard version of the report profiles players such as Johnson & Johnson (United States), Roche (Switzerland), Novartis Ag (Switzerland), Merck & Co. (United States), Pfizer (United States), Merck (United States), Glaxosmithkline (United Kingdom), Sanofi (Paris), Sun Pharma (India) and Glaxosmithkline Australia Pty Ltd. (Australia) etc.Can we have customized study for Narcotic Drugs Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.Why are some of the most well-known companies left out of the Narcotic Drugs Market report?
The Narcotic Drugs market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.