Buprenorphine is an opioid that is utilized in the treatment of acute pain management as well as chronic pain management for patients who are undergoing treatment for life-threatening disorders such as cancer, multiple sclerosis, or other conditions. In addition, the increasing frequency of cancer is anticipated to fuel consumer demand for cancer treatments, which in turn is anticipated to support the expansion of the market. A factsheet published by Cancer Research UK estimates that about 17 million people were given a cancer diagnosis in 2018.In addition, the rising prevalence of multiple sclerosis is anticipated to be a driving force behind expansion in the global buprenorphine market throughout the duration of the forecast. The Multiple Sclerosis Trust estimates that there are around 2,500,000 new instances of multiple sclerosis being diagnosed every year across the world.
The global Buprenorphine Market is estimated to be valued at US$ 3,681.9 million in 2020 and is expected to exhibit a CAGR of 14.5% during the forecast period (2020-2027).
Major Players in the Buprenorphine Industry:
1. Siegfried,
Siegfried was founded in 2010 and it’s Zofingen, Switzerland. The company operates in 6 countries.
2. Sanofi
Sanofi founded in 1973, and it’s located in Paris, France. The company operates in 170 Countries.In2020 French drugmaker Sanofi will make 30 of its treatments, including insulin, available on a not-for-profit basis in 40 lower-income countries
3 Johnson Matthey,
Johnson Matthey, was launch in 1817 and it’s headquarter located London, United Kingdom.it operate over 30country.
4 Mallinckrodt,
Mallinckrodt, , was launch in 1867 and it’s headquarter Staines-upon-Thames, United Kingdom..it operate over 56 country. In 2021 This collaboration, the first between Mallinckrodt and Amneal, covers both strengths of Buprenorphine HCl and Naloxone HCl Dihydrate Sublingual Tablets ..
5 Unichem Laboratories,
Unichem Laboratories ,was founded 1944, with its headquarters in New DelhiWith businesses in over 75 countries.
6. Arevipharma GmbH
Arevipharma GmbH Was launch in 1874. And its headquarter Radebeul, Sachsen, Germany .. It operate over 40 country.
7 Resonance-labs
Resonance-labs founded in 1980 and it’s headquarter located Asturias, in the north of Spain,It operate over 80 country.
8 Sun Pharmaceutical Industries Ltd.
Sun Pharmaceutical Industries Ltd. was launch in 1983 and it’s headquarter located Goregaon, Mumbai.it operate over 6 country.
Definition- Buprenorphine plays a major role in advanced healthcare as it is used in acute pain management, chronic pain management and in treatment of opioid addiction. It is synthetic phenanthrene with narcotic analgesic activity.