Title: Opium Tincture Market Forecast (2021-2026)
1Opium Tincture MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Opium Tincture Market size is estimated to reach
65 million by 2026, growing at a CAGR of
4.2Â 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 gastrointest
inal muscle tone that helps to reduce pain. - Tinctura opii camphorate also known as paregoric,
or camphorated tincture of opium that acts as
antidiarrheal medication.
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- 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.
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- Opium Tincture Segment Analysis By Method
- 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.
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- Opium Tincture Landscape
- GlaxoSmithKline
- MacFarlan Smith
- Johnson and Johnson
- Shionogi Pharmaceutical
- Johnson Matthey
- Sun Pharma
- Mallinckrodt Pharmaceuticals
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