The ‘Global Addiction Treatment Market Size, Share, Price, Trends, Analysis, Industry, Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the global addiction treatment market, assessing the market on the basis of its segments like treatment type, addiction type, route of administration, treatment centres treatment channel, distribution channel, and major regions. The report also provides a detailed insight of the market on the basis of patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnership and collaborations analysis.
The report studies the latest updates in the market, along with their impact across the market. It also analyzes the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Addiction Treatment Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2016-2031)
• Historical Market Size: USD 6.8 Billion
• Forecast CAGR (2023-2031): 6.1%
• Forecast Market Size: USD 11.7 Billion
The growth of the addiction treatment market is driven by the increasing prevalence of substance abuse and addiction disorders worldwide, coupled with the growing awareness about addiction treatment options. Furthermore, the development of new medications and therapies to treat addiction is also expected to contribute to the market growth.
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Advancements in neurobiology and pharmacotherapy have led to the development of effective medications for addiction treatment, enabling healthcare professionals to offer better care for patients suffering from addiction disorders. The increased availability of addiction treatment services and the strengthening of healthcare infrastructure are expected to drive the market growth during the forecast period.
Addiction Treatment Industry Definition and Major Segments
Addiction treatment refers to a range of medical interventions and therapies aimed at helping individuals overcome their dependence on addictive substances, such as alcohol, opioids, and other drugs. These treatments can include behavioural therapy, medication-assisted treatment, and support services.
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Based on treatment type, the market is segmented into:
• Counseling and Behavioral Therapies
Based on addiction type, the market is segmented into:
• Alcohol Addiction
• Tobacco/Nicotine Addiction
• Opioid Addiction
• Behavioral Addictions
Based on route of administration, the market is classified into:
Based on treatment centers, the market is divided into:
• Specialty Clinics
• Homecare Settings
• Rehabilitation Centres
Based on treatment channel, the market is bifurcated into:
Based on distribution channel, the market is bifurcated into:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
Based on region, the market is segregated into:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Addiction Treatment Market Trends
The key trends in the global addiction treatment market include the growing research and development in the healthcare sector, focusing on the development of novel medications and therapies to treat addiction disorders. The implementation of various government policies and initiatives to raise awareness about addiction treatment is also expected to contribute to market growth.
Technological advancements in the field of telemedicine are expected to play a significant role in the expansion of addiction treatment services, particularly in remote areas. The integration of digital platforms with addiction treatment services, such as telehealth and mobile applications, can help improve patient access to care and support during their recovery process.
Key Market Players
The major players in the global addiction treatment market report are
• Takeda Pharmaceutical Company Limited
• F. Hoffmann-La Roche Ltd.,
• Johnson & Johnson Services, Inc.,
• GSK Plc.,
• Bayer AG,
• Zimmer Biomet,
• Stryker Corporation,
• Homology Medicines, Inc.,
• Novartis AG,
• Pfizer Inc.,
• JCR Pharmaceuticals Co., Ltd.,
• Sangamo Therapeutics,
• AVROBIO, Inc.,
• REGENXBIO Inc.,
• CANbridge Life Sciences Ltd. And
• Denali Therapeutics
The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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