Suboxone & Methadone Treatment is used for treating opioid dependence. Methadone has been used for opioid addiction since its launch, in 1937 in Germany. Later in 1960s it was popularly used for treating heroin addiction. While Methadone has a long history for treatment of opioid dependency, Suboxone is a relatively new product in the market. Suboxone or Buprenorphine is a synthetic opioid and has a relatively low risk of overdose. Suboxone is available in two form, they are uncombined form and generic form. The generic form is combined with naloxone to prevent the further abuse of the drug.
While Methadone is available in the form of tablets or diskets, Suboxone are available in the form of tablets and films. Both Suboxone & Methadone Treatment must be prescribed by the doctor. According to the law, methadone can be dispensed at an opioid treatment program that is certified by the Substance Abuse and Mental Health Services Administration and registered by the Drug Enforcement Administration, in the U.S. Suboxone & Methadone Treatment is recommended for at least 12 months. However the duration of the Suboxone & Methadone Treatment may vary from patient to patient.
According to the National Institute on Drug Abuse, over prescription of painkillers including drugs such as OxyContin, Vicodin and Heroin, lack of adequate resources for the understanding of mechanism of action and addiction, has led to the opioid epidemic with over 115 people fatally overdosing on opioids every day in the U.S. About 1.9 million people in the U.S. are estimated to be addicted to prescription opioid drugs. Increase in Opioid addition is the major factor for the surge in growth of the Suboxone & Methadone Treatment Market globally.
The global market for Suboxone & Methadone Treatment is segmented on basis of application and geography.
Based on the drug class, the global Suboxone & Methadone Treatment market is segmented into:
- Suboxone Treatment
- Methadone Treatment
Based on the form, the global Suboxone & Methadone Treatment market is segmented into:
Based on the distribution channel, the global Suboxone & Methadone Treatment market is segmented into:
- Hospitals Pharmacies
- Retail Pharmacies
- Rehab Centers
The Suboxone & Methadone Treatment market is anticipated to grow at a tremendous rate owing to the increasing opioid addiction, especially in the developed nations such as U.S. The Global Suboxone & Methadone Treatment market can be segmented based on drug class, form and end users. Based on form type the market is categorized into tablets that can be taken orally, diskets that can be dissolved into water or juice prior to consumption and films that can be placed below the tongue. The Suboxone & Methadone Treatment market is strongly based on prescription of the products and is available on prescription at rehab centers, retail pharmacies, and hospital pharmacies. However its usage and prescription is closely monitored.
North America and Europe are among the leading regions in the Suboxone & Methadone Treatment market owing to the increase in awareness for drug abuse, rise in opioid addiction, increase in healthcare spending and other similar factors. Asia Pacific region is expected to have an increase in rate of adoption for the Suboxone & Methadone Treatment sue to increasing number of awareness programs leading to higher adoption of the Suboxone & Methadone Treatment. Latin America and the Middle East and Africa region is expected to have a lower market share, however increasing adoption is expected to boost its market growth during the forecast period.
Some of the key players operating in the Suboxone & Methadone Treatment market are Reckitt Benckiser Healthcare, Mylan Inc., Lannett Company Inc, Purdue pharma lp, Hospira inc, Mallinckrodt chemical inc, Sandoz inc, Roxane laboratories inc and Vistapharm inc among others.
The report covers exhaustive analysis on:
- Suboxone & Methadone Treatment Market Segments
- Suboxone & Methadone Treatment Market Dynamics
- Historical Actual Suboxone & Methadone Treatment Market Size, 2013 - 2017
- Suboxone & Methadone Treatment Market Size & Forecast 2017 to 2026
- Suboxone & Methadone Treatment Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Suboxone & Methadone Treatment Market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance