Substance Abuse Treatment Market Size By Abuse Type, By Treatment Type, By Distribution Channel, By Geographic Scope And Forecast


Posted January 11, 2021 by jennysmith22119

According to Verified Market Research, the Global Substance Abuse Treatment Market was valued at USD 15.15 Billion in 2019 and is projected to reach USD 28.24 Billion by 2027, growing at a CAGR of 8.1% from 2020 to 2027.

 
Substance Abuse Treatment Market Size And Forecast
The Global Substance Abuse Treatment Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Substance Abuse Treatment Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

According to Verified Market Research, the Global Substance Abuse Treatment Market was valued at USD 15.15 Billion in 2019 and is projected to reach USD 28.24 Billion by 2027, growing at a CAGR of 8.1% from 2020 to 2027.

What is Substance Abuse Treatment?
Substance abuse is a harmful, ongoing disorder that only gets worse over time without treatment. Substance abuse treatment helps those who are suffering from substance use disorders find hope and begin lifelong recovery. To clear alcohol and other drugs from the body, almost every person with an addiction requires some form of detox. Treatment options generally depend on several factors, including the type of the length and severity of use, addictive disorder, and its effects on the individual. For a successful treatment, a range of care with a tailored treatment program and follow-up options can be crucial.

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Global Substance Abuse Treatment Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

According to the National Survey on Drug Use and Health around 21.7 million people either regularly receive or need treatment for substance use disorders. An increase in the number of diseases related to substance abuse led to the adoption of substance abuse treatment. Also increasing the incidence of drug addiction, technological advancement in the diagnostics industry will drive market growth. Besides, rising patient awareness about substance abuse treatment and improvement in treatment rates create a potential for the market during the forecasted period. Government support & funding in research activities and the healthcare sector has helped in market growth. However legal regulations for treatment products might hamper the substance abuse treatment market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Substance Abuse Treatment Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Substance Abuse Treatment Market Competitive Landscape
The “Global Substance Abuse Treatment Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Allergan PLC, Alkermes, Noramco, Indivior PLC, Teva Pharmaceutical Industries Ltd, Pfizer, Inc., Mallinckrodt plc, GlaxoSmithKline plc, Pharmaceuticals Ltd, and BioCorRx, Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Substance Abuse Treatment Market, By Abuse Type
• Drug abuse
• Alcohol dependence
• Tobacco/Nicotine addiction
• Others

Substance Abuse Treatment Market, By Treatment Type
• Drug Abuse Treatment
o Buprenorphine
o Methadone
o Naltexone
• Alcohol Addiction Treatment
o Disulphirum;
o Acamprosate;
o Naltrexone;
o Benzodiazepines Wound Care Devices
• Tobacco/Nicotine Addiction Treatment
o Varenicline
o Total NRT therapy
o Bupropion
• Others

Substance Abuse Treatment Market, By Distribution Channel
• Retail Pharmacies and Drug Stores
• Hospital Pharmacies
• Others

Substance Abuse Treatment Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Last Updated January 11, 2021