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Title: Naloxone Market Analysis | CMI


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  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
NALOXONE MARKET ANALYSIS
  • Naloxone Market, by Drug Type (Branded and
    Generic), by Administration (Intranasal
    Administration, Intramuscular Administration, and
    Intravenous Administration), by Distribution
    Channel (Hospitals Pharmacies, Retail Pharmacies,
    and Online Pharmacies), and By Geography - Size,
    Share, Outlook, and Opportunity Analysis
    2018-2026
  • The global naloxone market size was valued at US
    310.2 Mn in 2017, and is expected to witness a
    CAGR of 11.4 over the forecast period (2018
    2026).

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  • Frequent launches and approvals of novel naloxone
    products is expected to fuel the global Naloxone
    Market growth
  • Increasing launches and approval of novel
    naloxone products by various regulatory bodies is
    expected to be a major factor aiding in growth of
    the market over the forecast period. For
    instance, in January 2017, the U.S. Food and Drug
    Administration (FDA) approved Adapt Pharma Inc.s
    NARCAN Nasal Spray 2 mg formulation for emergency
    treatment of known or suspected opioid overdose.
    In 2016, Mylan N.V. launched its naloxone
    hydrochloride injection USP, 0.4 mg/mL packaged
    in 1 mL single-dose vials. It is therapeutically
    equivalent to the naloxone hydrochloride
    injection 0.4 mg/mL, of Hospira Inc. In September
    2017, Mundipharma International Limited received
    approval from European Medicines Agency (EMA) for
    its product (intranasal naloxone 1.8 mg) to use
    in emergency reversal of opioid overdose.

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Figure 1. Global Naloxone Market Share (), By
Strength, 20182026
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  • Increasing drug abuse in key regions is expected
    to increase demand for its treatment drugs
  • Increasing cases of opioid overdose is expected
    to increase demand for naloxone products during
    emergency treatments which in turn will
    positively drive the global naloxone market
    growth. For instance, according to the data
    published by the U.S. Department of Health and
    Human Services (HHS) in 2016, around 11.5 million
    people misuse prescription drugs and around
    948,000 people use heroin. According to the data
    published by National Institute on Drug Abuse,
    2018, in the U.S., everyday over 115 people die
    due to opioid overdosing. According to same
    source, in the U.S. opioid overdose increased by
    30 from July 2016 through September 2017 in 52
    areas in 45 states.

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Figure 2. Global Naloxone Market Share (), By
Region, 2026
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  • Favorable reimbursement scenarios for naloxone
    products is also expected to aid in market growth
  • Reimbursement scenario for drugs play a major
    role in adoption of high cost products in
    developed regions such as North America and
    Europe. Therefore, favorable reimbursements for
    naloxone products is expected to support the
    adoption of these products. Currently, most types
    of insurance cover and reimburse for naloxone
    administered directly in a medical setting.
  • Furthermore, some states in the U.S. have started
    covering take-home naloxone. Hence, adoption of
    take-home naloxone is expected to increase in the
    near future. For instance, in New York State from
    January 2014, the states Medicaid program began
    to cover the intramuscular formulation of
    take?home naloxone.

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Market Segment
  • North America naloxone market is expected to a
    hold dominant position over the forecast period
    due to the presence of novel naloxone products
    such as Narcan nasal spray and EVZIO (naloxone
    hydrochloride injection), which is still not
    present in any other region. Furthermore,
    initiatives taken by various companies and
    organizations to increase access of naloxone is
    expected to fuel the market growth. For instance,
    in February 2018, Loyola Medicine and the Cook
    County Department of Homeland Security and
    Emergency Management collaborated, where Loyola
    Medicine trained police officials to use Narcan
    in case of opioids overdose. In 2016, Adapt
    Pharma Limited partnered with Smith Medical
    Partners, LLC for distribution of free Narcan
    (Naloxone HCl) nasal spray in all high schools in
    the U.S.

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  • Furthermore, Europe naloxone market is expected
    to show significant growth in the near future,
    owing to increasing approvals of novel naloxone
    products in the region. For instance, in July
    2017, Indivior Inc., a subsidiary of Indivior
    Plc., received marketing authorization (MA) from
    French Regulatory Agency ANSM for its new Nalscue
    naloxone hydrochloride nasal spray indicated for
    emergency treatment of characterized or suspected
    opioid overdose in France.
  • In February 2017, Adapt Pharma Limited filed
    marketing application for its product Naloxone
    Hydrochloride (HCl) nasal spray in Europe. Hence,
    these products when launched in the European
    market it will drastically fuel market growth in
    the near future

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Regulatory Scenario
  • In 2016, Therapeutic Goods Administration (TGA)
    placed naloxone on Schedule 3 when used for the
    treatment of opioid overdose, thus allowing the
    over-the-counter (OTC) purchase of naloxone in
    Australia.
  • In Europe, many countries allow take-home
    naloxone due to high rate of opioid overdose in
    this region. Currently, take-home naloxone
    programs exists in seven European countries
    Denmark, Estonia, Germany, Italy, Norway, Spain,
    and the U.K. (EMCDDA, 2015c).
  • According to the data published by Regulatory
    Affairs Professional Society, naloxone is still
    not approved by the U.S. FDA as an
    over-the-counter (OTC) drug. However, some
    organizations such as Walgreens pharmacies are
    providing naloxone products over-the-counter in
    over 5,800 of its 8,200 stores to increase the
    access of naloxone.

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Key Players
  • Key players operating in the naloxone market
    include Mylan N.V., Novartis AG, Indivior Plc.,
    ADAPT Pharma, Inc., Amphastar Pharmaceuticals,
    Inc., INSYS Therapeutics, Inc., Mundipharma
    International Limited, Kaleo, Inc., and Kern
    Pharma, S.L.

12
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  • Reference https//www.coherentmarketinsights.com
    /market-insight/naloxone-market-1804

13
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
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    transformational growth by helping them make
    critical business decisions.
  • What we provide
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14
Contact Us
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  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

15
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