Abuse Deterrent Formulations Market

Abuse Deterrent Formulations Market Distribution by Target Drug Class (Opioids, Antidepressants and CNS Stimulants), Abuse Deterrence Approach, Type of End Product and Geography: Industry Trends and Global Forecasts, 2019-2030

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Abuse Deterrent Formulations Market Overview

The abuse deterrent formulations market is estimated to be worth $10.5 million in 2019 and is expected to grow at CAGR of 16% during the forecast period. Although the healthcare industry relies on patient to take medications responsibly, in 2017, close to 18 million individuals were reported to have misused prescription drugs, in the US. In fact, data from a National Survey on Drug Use and Health conducted in the same year, showed that an estimated 2 million Americans misused prescription pain relievers for the first time in the previous year. Moreover, the same study reported 1.5 million people abusing tranquilizers, over 1 million abusing prescription stimulants and more than 270,000 abusing sedatives, for the first time, in the same time period.

Owing to a rapid onset of medicinal effect, which offers immediate relief (with high efficacy), opioids are still considered to be one of the most widely used pharmacological interventions for pain management. However, these drugs are known to induce a euphoric state upon consumption, often causing patients to abuse them; increased recreational use of opioids is known to lead to addiction. Moreover, over-prescription of such medicinal products, which promotes their misuse, is considered as one of the root causes of the opioid crisis (increasing number of deaths involving misuse and addiction to opioids), in the US. According to the Centers for Disease Control and Prevention (CDC), more than 72,000 overdose-related deaths were reported in 2017, of which close to 50,000 involved the use of an opioid. Moreover, opioid abuse was estimated to have been responsible for an economic deficit of over USD 500 billion, related to loss of productivity and healthcare costs, in the US. Other drug classes that are prone to abuse include antidepressants and central nervous system (CNS) stimulants such as fentanyl and klonopin. In 2017, close to 17,000 deaths were reported to have been the result of an overdose of prescription antidepressants. Most of these deaths (~11,500) involved the misuse of benzodiazepines, such as VALIUM® (diazepam) and XANAX® (alprazolam). CNS stimulants are usually indicated for the treatment of patients suffering from attention-deficit / hyperactivity disorder (ADHD). Among the various overdose-related deaths which took place in 2017, it is worth highlighting that over 12% involved the use of psychostimulants.

Prescription drug abuse has prompted pharmaceutical developers to devise various strategies to prevent misuse. Some of the commonly used approaches to abuse deterrence include limiting use of opioids post-surgery, implementing stringent medicine prescribing guidelines and conducting prescription drug monitoring programs, and creating abuse deterrent formulations (ADFs) of drugs that are likely to be misused. Drug formulations that are designed to prevent an active pharmacological substance from being abused have been identified as a viable and sustainable alternative to limiting recreational / off-prescription use of the abovementioned drug classes and its consequences. Over the years, several different types of abuse deterrent formulation technologies have been developed; these include physical / chemical barriers that prevent drugs from being manipulated for recreational use, addition of chemical agents that interfere with the effects of the drug upon improper use and abuse-resistant drug delivery / administration technologies. Specifically, for opioids, market experts believe that in the foreseen future, ADFs of such drugs are likely to replace conventional forms of such products. However, there are concerns regarding how this transition can be made in a responsible and economically feasible manner.

The context of Abuse Deterrent Formulation Market report, published by Roots Analysis List of abuse deterrent formulation technologies from the research report of Roots Analysis Current market landscape of abuse deterrent formulation technologies developers, prepared by Roots Analysis

Key Companies in Abuse Deterrent Formulations Market

Examples of key companies engaged in abuse deterrent formulations market (which have also been profiled in this market report; the complete list of companies is available in the full report) include Acura Pharmaceuticals, Altus Formulation, BioDelivery Sciences International, CIMA LABS (acquired by Teva Pharmaceutical), Elysium Therapeutics, Grünenthal, Intellipharmaceutics, Purdue Pharma and TITAN Pharmaceuticals. This market report includes an easily searchable excel database of all the companies providing abuse deterrent formulations, worldwide.

Scope of the Report

The 'Abuse Deterrent Formulations Market, 2019-2030' market report features an extensive study of the current market landscape, market size, market share, market growth, market trends, market value, market forecast, market outlook, statistics and future opportunities of the abuse deterrent formulations market. Amongst other elements, the market research report features:

  • A detailed assessment of the current market landscape of companies offering technologies for the development of abuse deterrent formulations of prescription drugs that are prone to be misused, including information on key technology developers (such as year of establishment, company size, and geographical location), and their respective technologies, offering insights on current status of development (available for use and under development), target drug class (opioids, antidepressants and CNS stimulants), abuse deterrence approach (physical and chemical barriers, prodrug approach, use of agonist / antagonist, aversion, use of specific drug delivery systems, and others), disrupted route of abuse (parenteral, insufflation, covert administration, oral, and others), type of end product (tablets, capsules, transdermal patches, thin films, and others), and release characteristics (delayed / extended, controlled, immediate, and others).
  • An informed competitiveness analysis of the various abuse deterrent drug formulation technologies captured in our database, taking into consideration the supplier power (based on year of establishment) and key technology-related specifications, such as the abuse deterrent approach, disrupted route of abuse, number of products available / under development using a particular technology and strength of intellectual property portfolio (in terms of number of affiliated patents). 
  • Elaborate profiles of prominent technology developers engaged in abuse deterrent formulations market, featuring an overview of the company, its financial information (if available), and a detailed description of proprietary technology / technologies. Each profile also includes a list of recent developments, highlighting the key milestones achieved, partnership activity, and the likely strategies that may be adopted by these players to fuel growth in the in the foreseen future.
  • An in-depth analysis of the patents that have been filed / granted related to abuse deterrent formulation technologies, from 2000 to 2019 (till April). The analysis also highlights the key trends associated with these patents, across patent type, regional applicability, CPC classification, emerging focus areas, leading patent assignees (in terms of number of patents filed / granted), and patent benchmarking.
  •    An analysis of the partnerships that have been established in abuse deterrent formulations market in the period 2013-2019, covering product commercialization and licensing agreements, product development agreements, licensing agreements, mergers / acquisitions, service agreements, research agreements, and others.

The key objective of abuse deterrent formulations market report is to provide a detailed market analysis in order to estimate the existing market size, market share, market growth, market trends, market value, market forecast, market outlook, statistics and future opportunity for abuse deterrent formulations market during the forecast period. Based on likely licensing deal structures and agreements that are expected to be signed between drug and technology developers in the foreseen future, we have provided an informed estimate on the likely evolution of the market for the forecast period 2019-2030. The market report features likely distribution of the current and forecasted financial opportunity across [A] target drug class (opioids, antidepressants and CNS stimulants), [B] abuse deterrence approach (physical / chemical barriers, agonist / antagonist combinations, aversion approach, prodrug approach, abuse deterrent drug delivery systems and others),  [C] type of end product (tablets, capsules, transdermal patches, thin films and others), and [D] geography (North America, Europe, Asia Pacific and rest of the world). In order to account for future uncertainties and to add robustness to our model, we have provided three market forecast scenarios, portraying the conservative, base and optimistic tracks of the market’s evolution.

Competitive analysis of abuse deterrent formulation technologies, from Roots Analysis report This image highlights the partnership activity undertaken by players engaged in abuse deterrent formulation technologies market The current and future market trends of abuse deterrent formulation technologies market according to Roots Analysis

The opinions and insights presented in this market research report were influenced by discussions conducted with several stakeholders in abuse deterrent formulations market. The market research report features detailed transcripts of interviews held with the following individuals:

  •  Greg Sturmer (President and Chief Executive Officer, Elysium Therapeutics)
  •  Aia Malik (Commercial Development Manager, Healthcare, Lucideon)

All actual figures have been sourced and analyzed from publicly available information forums and primary research discussions. Financial figures mentioned in this market report are in USD, unless otherwise specified.

Frequently Asked Questions

Question 1: What are abuse deterrent formulations?

Answer: Abuse deterrent formulations disclose the expected routes of substance abuse, including snorting, injecting or dissolving the drug.

Question 2: How big is the abuse deterrent formulations market?

Answer: The mitochondrial disease therapies market size is estimated to be worth $10.5 million in 2019.

Question 3: What is the projected market growth of the abuse deterrent formulations market?

Answer: The abuse deterrent formulations market is expected to grow at compounded annual growth rate (CAGR) of 16% during the forecast period 2019 – 2030.

Question 4: Who are the leading companies in the abuse deterrent formulations market?

Answer: Examples of key companies engaged in abuse deterrent formulations market (which have also been profiled in this market report; the complete list of companies is available in the full report) include Acura Pharmaceuticals, Altus Formulation, BioDelivery Sciences International, CIMA LABS (acquired by Teva Pharmaceutical), Elysium Therapeutics, Grünenthal, Intellipharmaceutics, Purdue Pharma and TITAN Pharmaceuticals.

Question 5: How many unique formulation technologies are currently offered by players engaged in the abuse deterrent formulations market?

Answer: Presently, around 60 unique formulation technologies are offered by players engaged in the abuse deterrent formulations market to prevent substance abuse.

Question 6: How abuse deterrent drug products have been approved till date?

Answer: Around 10 abuse deterrent drug products have been approved till date, indicating the untapped opportunity for stakeholders in the industry.

Question 7: How many patents related to abuse deterrent formulations have been filed over the last few years?

Answer: More than 8,000 patents related to abuse deterrent formulations have been filed / granted over the last decade, highlighting the ongoing pace of innovation in this market.

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