Opium Tincture Market Overview
Opium Tincture Market size is estimated to reach $65 million by 2026, growing at a CAGR of 4.2% over 2021-2026. Opium tincture is considered as medication that helps to prevent diarrhoea which contains morphine helps to reduce gastrointestinal motility. Opium tincture also helps to increase gastrointestinal muscle tone that helps to reduce pain. Tinctura opii camphorate also known as paregoric, or camphorated tincture of opium that acts as antidiarrheal medication. Pulvis opii is a powdered form of opium that is mostly used in order to help from diarrhea disease. Various other method of opium such as vinum opii which is a kind of herbal wine also support in medication of diarrhea. Increasing prevalence of diabetes disease among people and growing developments in healthcare is the major factor driving the growth of this market. Furthermore, increasing research and development activities in medical industry and rising government initiatives is set to further enhance the overall market demand for Opium Tincture Market for the period 2021-2026.
Report Coverage
The report: “Opium Tincture Market Forecast (2021-2026)”, by
IndustryARC, covers an in-depth analysis of the following segments of the Opium Tincture Market.
By Method: Tinctura Opii, Ptinctura Opii
Camphorate, Pulvis Opii, Vinum Opii, and Others.
By End-Use Industry: Hospitals, Clinics, and
Others.
By Geography: North America (U.S.,
Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of
Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of
Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World
(Middle East, Africa).
Key Takeaways
- Geographically, in 2020, North America dominated the Opium Tincture Market owing to increasing advancement in generic drug, high healthcare expenditure and increasing favorable reimbursement policies.
- Increasing prevalence of diabetes disease among people and growing developments in healthcare are likely to aid in the market growth of the Opium Tincture.
- Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Opium Tincture Market report.
- Overdose causes respiratory depression or death is set to create hurdles for the Opium Tincture Market.
Opium Tincture Market Size, By End-Use Industry 2020-2026 (USD Million) |
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The global Opium Tincture Market based on Method can be further segmented into Tinctura Opii, Ptinctura Opii Camphorate, Pulvis Opii, Vinum Opii, and Others. The Tinctura Opii segment is the major segment generating revenue in 2020. This is mainly owing to the wide usage of therapeutic effect that helps to provide effective medication increases the demand of tinctura opii camphorate and market growth. The Pulvis Opii segment is estimated to register the fastest CAGR of 1.6% for the period 2021-2026. This is mainly owing to it is most effective in the early stages of diarrhoea that increasing the growth of this segment.
Opium Tincture Segment Analysis – By End-Use Industry
Opium Tincture Segment Analysis – By Geography
However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 2.1% during the forecast period 2021-2026 owing to rising population and increasing development in healthcare.
Opium Tincture Market Drivers
Increasing Prevalence of Diabetes Disease
Increasing prevalence of diabetes diseases increases the demand of opium tincture and are increasing the growth of the Opium Tincture Market. According to World Health Organization, about 422 million people are suffering from diabetes in 2020 that increases the chances of diarrhoea which increases the demand of opium tincture treatment and are increasing the growth of the Opium Tincture Market over 2021-2026.
Growing Developments In Healthcare
The market is set to expand due to advancements in opium tincture drug formulations and a rise in the number of drug trials relating to the efficacy of opium tincture in various disease conditions. Moreover, the increase in government initiatives also increasing the growth of Opium Tincture Market over 2021-2026.
Covid-19 Impact:
Opium Tincture Market Challenges
Overdose Causes Respiratory Depression
Opium Tincture Landscape
Development
- In Feb 2021, Johnson and Johnson are working with GlaxosmithKline on order to develop a new varieties of opium that helps to increase gastrointestinal muscle tone and are increases the growth of this market.
Relevant Reports:
Table1: Opium Tincture Market Overview 2023-2030
Table2: Opium Tincture Market Leader Analysis 2023-2030 (US$)
Table3: Opium Tincture Market Product Analysis 2023-2030 (US$)
Table4: Opium Tincture Market End User Analysis 2023-2030 (US$)
Table5: Opium Tincture Market Patent Analysis 2013-2023* (US$)
Table6: Opium Tincture Market Financial Analysis 2023-2030 (US$)
Table7: Opium Tincture Market Driver Analysis 2023-2030 (US$)
Table8: Opium Tincture Market Challenges Analysis 2023-2030 (US$)
Table9: Opium Tincture Market Constraint Analysis 2023-2030 (US$)
Table10: Opium Tincture Market Supplier Bargaining Power Analysis 2023-2030 (US$)
Table11: Opium Tincture Market Buyer Bargaining Power Analysis 2023-2030 (US$)
Table12: Opium Tincture Market Threat of Substitutes Analysis 2023-2030 (US$)
Table13: Opium Tincture Market Threat of New Entrants Analysis 2023-2030 (US$)
Table14: Opium Tincture Market Degree of Competition Analysis 2023-2030 (US$)
Table15: Opium Tincture Market Value Chain Analysis 2023-2030 (US$)
Table16: Opium Tincture Market Pricing Analysis 2023-2030 (US$)
Table17: Opium Tincture Market Opportunities Analysis 2023-2030 (US$)
Table18: Opium Tincture Market Product Life Cycle Analysis 2023-2030 (US$)
Table19: Opium Tincture Market Supplier Analysis 2023-2030 (US$)
Table20: Opium Tincture Market Distributor Analysis 2023-2030 (US$)
Table21: Opium Tincture Market Trend Analysis 2023-2030 (US$)
Table22: Opium Tincture Market Size 2023 (US$)
Table23: Opium Tincture Market Forecast Analysis 2023-2030 (US$)
Table24: Opium Tincture Market Sales Forecast Analysis 2023-2030 (Units)
Table25: Opium Tincture Market, Revenue & Volume,By Method of Preparation, 2023-2030 ($)
Table26: Opium Tincture Market By Method of Preparation, Revenue & Volume,By Tinctura Opii, 2023-2030 ($)
Table27: Opium Tincture Market By Method of Preparation, Revenue & Volume,By Tinctura Opii Camphorata (Paregoric), 2023-2030 ($)
Table28: Opium Tincture Market By Method of Preparation, Revenue & Volume,By Pulvis Opii (Opium Powder), 2023-2030 ($)
Table29: Opium Tincture Market By Method of Preparation, Revenue & Volume,By Vinum Opii (Herbal Wine), 2023-2030 ($)
Table30: Opium Tincture Market By Method of Preparation, Revenue & Volume,By Sirupus Opii (Opium Syrup), 2023-2030 ($)
Table31: North America Opium Tincture Market, Revenue & Volume,By Method of Preparation, 2023-2030 ($)
Table32: South america Opium Tincture Market, Revenue & Volume,By Method of Preparation, 2023-2030 ($)
Table33: Europe Opium Tincture Market, Revenue & Volume,By Method of Preparation, 2023-2030 ($)
Table34: APAC Opium Tincture Market, Revenue & Volume,By Method of Preparation, 2023-2030 ($)
Table35: Middle East & Africa Opium Tincture Market, Revenue & Volume,By Method of Preparation, 2023-2030 ($)
Table36: Russia Opium Tincture Market, Revenue & Volume,By Method of Preparation, 2023-2030 ($)
Table37: Israel Opium Tincture Market, Revenue & Volume,By Method of Preparation, 2023-2030 ($)
Table38: Top Companies 2023 (US$)Opium Tincture Market, Revenue & Volume
Table39: Product Launch 2023-2030Opium Tincture Market, Revenue & Volume
Table40: Mergers & Acquistions 2023-2030Opium Tincture Market, Revenue & Volume
List of Figures
Figure 1: Overview of Opium Tincture Market 2023-2030
Figure 2: Market Share Analysis for Opium Tincture Market 2023 (US$)
Figure 3: Product Comparison in Opium Tincture Market 2023-2030 (US$)
Figure 4: End User Profile for Opium Tincture Market 2023-2030 (US$)
Figure 5: Patent Application and Grant in Opium Tincture Market 2013-2023* (US$)
Figure 6: Top 5 Companies Financial Analysis in Opium Tincture Market 2023-2030 (US$)
Figure 7: Market Entry Strategy in Opium Tincture Market 2023-2030
Figure 8: Ecosystem Analysis in Opium Tincture Market 2023
Figure 9: Average Selling Price in Opium Tincture Market 2023-2030
Figure 10: Top Opportunites in Opium Tincture Market 2023-2030
Figure 11: Market Life Cycle Analysis in Opium Tincture Market
Figure 12: GlobalBy Method of PreparationOpium Tincture Market Revenue, 2023-2030 ($)
Figure 13: Global Opium Tincture Market - By Geography
Figure 14: Global Opium Tincture Market Value & Volume, By Geography, 2023-2030 ($)
Figure 15: Global Opium Tincture Market CAGR, By Geography, 2023-2030 (%)
Figure 16: North America Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 17: US Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 18: US GDP and Population, 2023-2030 ($)
Figure 19: US GDP – Composition of 2023, By Sector of Origin
Figure 20: US Export and Import Value & Volume, 2023-2030 ($)
Figure 21: Canada Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 22: Canada GDP and Population, 2023-2030 ($)
Figure 23: Canada GDP – Composition of 2023, By Sector of Origin
Figure 24: Canada Export and Import Value & Volume, 2023-2030 ($)
Figure 25: Mexico Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 26: Mexico GDP and Population, 2023-2030 ($)
Figure 27: Mexico GDP – Composition of 2023, By Sector of Origin
Figure 28: Mexico Export and Import Value & Volume, 2023-2030 ($)
Figure 29: South America Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 30: Brazil Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 31: Brazil GDP and Population, 2023-2030 ($)
Figure 32: Brazil GDP – Composition of 2023, By Sector of Origin
Figure 33: Brazil Export and Import Value & Volume, 2023-2030 ($)
Figure 34: Venezuela Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 35: Venezuela GDP and Population, 2023-2030 ($)
Figure 36: Venezuela GDP – Composition of 2023, By Sector of Origin
Figure 37: Venezuela Export and Import Value & Volume, 2023-2030 ($)
Figure 38: Argentina Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 39: Argentina GDP and Population, 2023-2030 ($)
Figure 40: Argentina GDP – Composition of 2023, By Sector of Origin
Figure 41: Argentina Export and Import Value & Volume, 2023-2030 ($)
Figure 42: Ecuador Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 43: Ecuador GDP and Population, 2023-2030 ($)
Figure 44: Ecuador GDP – Composition of 2023, By Sector of Origin
Figure 45: Ecuador Export and Import Value & Volume, 2023-2030 ($)
Figure 46: Peru Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 47: Peru GDP and Population, 2023-2030 ($)
Figure 48: Peru GDP – Composition of 2023, By Sector of Origin
Figure 49: Peru Export and Import Value & Volume, 2023-2030 ($)
Figure 50: Colombia Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 51: Colombia GDP and Population, 2023-2030 ($)
Figure 52: Colombia GDP – Composition of 2023, By Sector of Origin
Figure 53: Colombia Export and Import Value & Volume, 2023-2030 ($)
Figure 54: Costa Rica Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 55: Costa Rica GDP and Population, 2023-2030 ($)
Figure 56: Costa Rica GDP – Composition of 2023, By Sector of Origin
Figure 57: Costa Rica Export and Import Value & Volume, 2023-2030 ($)
Figure 58: Europe Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 59: U.K Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 60: U.K GDP and Population, 2023-2030 ($)
Figure 61: U.K GDP – Composition of 2023, By Sector of Origin
Figure 62: U.K Export and Import Value & Volume, 2023-2030 ($)
Figure 63: Germany Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 64: Germany GDP and Population, 2023-2030 ($)
Figure 65: Germany GDP – Composition of 2023, By Sector of Origin
Figure 66: Germany Export and Import Value & Volume, 2023-2030 ($)
Figure 67: Italy Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 68: Italy GDP and Population, 2023-2030 ($)
Figure 69: Italy GDP – Composition of 2023, By Sector of Origin
Figure 70: Italy Export and Import Value & Volume, 2023-2030 ($)
Figure 71: France Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 72: France GDP and Population, 2023-2030 ($)
Figure 73: France GDP – Composition of 2023, By Sector of Origin
Figure 74: France Export and Import Value & Volume, 2023-2030 ($)
Figure 75: Netherlands Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 76: Netherlands GDP and Population, 2023-2030 ($)
Figure 77: Netherlands GDP – Composition of 2023, By Sector of Origin
Figure 78: Netherlands Export and Import Value & Volume, 2023-2030 ($)
Figure 79: Belgium Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 80: Belgium GDP and Population, 2023-2030 ($)
Figure 81: Belgium GDP – Composition of 2023, By Sector of Origin
Figure 82: Belgium Export and Import Value & Volume, 2023-2030 ($)
Figure 83: Spain Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 84: Spain GDP and Population, 2023-2030 ($)
Figure 85: Spain GDP – Composition of 2023, By Sector of Origin
Figure 86: Spain Export and Import Value & Volume, 2023-2030 ($)
Figure 87: Denmark Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 88: Denmark GDP and Population, 2023-2030 ($)
Figure 89: Denmark GDP – Composition of 2023, By Sector of Origin
Figure 90: Denmark Export and Import Value & Volume, 2023-2030 ($)
Figure 91: APAC Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 92: China Opium Tincture Market Value & Volume, 2023-2030
Figure 93: China GDP and Population, 2023-2030 ($)
Figure 94: China GDP – Composition of 2023, By Sector of Origin
Figure 95: China Export and Import Value & Volume, 2023-2030 ($)Opium Tincture Market China Export and Import Value & Volume, 2023-2030 ($)
Figure 96: Australia Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 97: Australia GDP and Population, 2023-2030 ($)
Figure 98: Australia GDP – Composition of 2023, By Sector of Origin
Figure 99: Australia Export and Import Value & Volume, 2023-2030 ($)
Figure 100: South Korea Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 101: South Korea GDP and Population, 2023-2030 ($)
Figure 102: South Korea GDP – Composition of 2023, By Sector of Origin
Figure 103: South Korea Export and Import Value & Volume, 2023-2030 ($)
Figure 104: India Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 105: India GDP and Population, 2023-2030 ($)
Figure 106: India GDP – Composition of 2023, By Sector of Origin
Figure 107: India Export and Import Value & Volume, 2023-2030 ($)
Figure 108: Taiwan Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 109: Taiwan GDP and Population, 2023-2030 ($)
Figure 110: Taiwan GDP – Composition of 2023, By Sector of Origin
Figure 111: Taiwan Export and Import Value & Volume, 2023-2030 ($)
Figure 112: Malaysia Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 113: Malaysia GDP and Population, 2023-2030 ($)
Figure 114: Malaysia GDP – Composition of 2023, By Sector of Origin
Figure 115: Malaysia Export and Import Value & Volume, 2023-2030 ($)
Figure 116: Hong Kong Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 117: Hong Kong GDP and Population, 2023-2030 ($)
Figure 118: Hong Kong GDP – Composition of 2023, By Sector of Origin
Figure 119: Hong Kong Export and Import Value & Volume, 2023-2030 ($)
Figure 120: Middle East & Africa Opium Tincture Market Middle East & Africa 3D Printing Market Value & Volume, 2023-2030 ($)
Figure 121: Russia Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 122: Russia GDP and Population, 2023-2030 ($)
Figure 123: Russia GDP – Composition of 2023, By Sector of Origin
Figure 124: Russia Export and Import Value & Volume, 2023-2030 ($)
Figure 125: Israel Opium Tincture Market Value & Volume, 2023-2030 ($)
Figure 126: Israel GDP and Population, 2023-2030 ($)
Figure 127: Israel GDP – Composition of 2023, By Sector of Origin
Figure 128: Israel Export and Import Value & Volume, 2023-2030 ($)
Figure 129: Entropy Share, By Strategies, 2023-2030* (%)Opium Tincture Market
Figure 130: Developments, 2023-2030*Opium Tincture Market
Figure 131: Company 1 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 132: Company 1 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 133: Company 1 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 134: Company 2 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 135: Company 2 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 136: Company 2 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 137: Company 3Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 138: Company 3Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 139: Company 3Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 140: Company 4 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 141: Company 4 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 142: Company 4 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 143: Company 5 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 144: Company 5 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 145: Company 5 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 146: Company 6 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 147: Company 6 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 148: Company 6 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 149: Company 7 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 150: Company 7 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 151: Company 7 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 152: Company 8 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 153: Company 8 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 154: Company 8 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 155: Company 9 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 156: Company 9 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 157: Company 9 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 158: Company 10 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 159: Company 10 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 160: Company 10 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 161: Company 11 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 162: Company 11 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 163: Company 11 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 164: Company 12 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 165: Company 12 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 166: Company 12 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 167: Company 13Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 168: Company 13Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 169: Company 13Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 170: Company 14 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 171: Company 14 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 172: Company 14 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)
Figure 173: Company 15 Opium Tincture Market Net Revenue, By Years, 2023-2030* ($)
Figure 174: Company 15 Opium Tincture Market Net Revenue Share, By Business segments, 2023 (%)
Figure 175: Company 15 Opium Tincture Market Net Sales Share, By Geography, 2023 (%)