Oxycodone Market - Forecast(2021 - 2026)
Oxycodone Market size is valued at $5.1 billion in 2020 and is expected to grow with a CAGR of 4.3% during the forecast period 2021-2026. Oxycodone is an opioid that is used to help in relieve moderate to severe pain. It belongs to class of known as opioid analgesics which helps in pain management. It works in the brain to adjust the way the body feels and reacts to pain. It is generally present in table, capsule or liquid form. It can be used short term or long term but overdose of oxycodone leads to de-addiction. There are two types of oxycodone based on their activity such as short acting oxycodone and long activity oxycodone. Increasing prevalence of orthopedic disorders, such as rheumatoid arthritis , elbow pain, fibromyalgia, and osteoporosis which associated with chronic pain is major factor driving the growth of the market. Moreover, growing demand for oxycodone to relieve post-surgery pain further enhance the overall market demand for O...