The global narcotic drugs market is anticipated to witness substantial growth during the forecast period 2025-2032. Many lead market players are making huge investment in research and development which in turn is boosting the growth of this market. Growing cases of severe pain associated with cancer and arthritis drive the narcotic drug market. COVID-19 also had a major impact on the market growth.
Frequently Asked Questions
The market is segmented based on Segmentation, By Source (Natural, Semi-synthetic, Synthetic), Indication (Pain Management, Cough, Diarrhea, Dysentery, Asthma, Others), Drug (Opium, Heroin, Codeine, Oxycodone, Hydrocodone, Tramadol, Morphine, Fentanyl, Others), Route of Administration (Oral, Parenteral, Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy) – Industry Trends and Forecast to 2032
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The Global Narcotic Drugs Market size was valued at USD 14.62 USD Billion in 2024.
The Global Narcotic Drugs Market is projected to grow at a CAGR of 4% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
