Substance Abuse Treatment Market Size, Competitive Analysis, Share, Forecast- 2020-2026


Posted December 3, 2020 by preeti18

The global substance abuse treatment market is anticipated to grow with a significant CAGR during the forecast period.
 
The global substance abuse treatment market is anticipated to grow with a significant CAGR during the forecast period. The growth of the substance abuse market is owing to the rising drug awareness campaign and prevention initiative across the globe. Globally recognized organizations such as the World Health Organization (WHO) with others are funding various campaigns to raise awareness regarding the adverse effects of substance abuse. It is one of the major factors for the growth of the substance abuse treatment market across the globe.

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Additionally, the higher treatment-seeking population of substance abusers is also propelling the growth of the substance abuse treatment industry. Moreover, a wide range of choices in types of therapies, specialized programs for the treatment of substance abuse are also available to the addicted people which is providing ease to get them out the drug addiction which is fuelling the substance abuse treatment market.

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Various technological advancements are also taking place in the medical field which is aiding in finding various new ways to treat the substance abuser. For instance, in a few practices, the additional symptoms experienced by the abuser are being targeted such as alleviate pain from withdrawal symptoms, reduce cravings, and remove the biological dependency on substances.

Moreover, in recent years, the opioid abuse epidemic has been experienced at its worst state in countries such as the US. Hence, the elevated researcher activities in the region have discovered various new drugs to aids these heroin and opioid addicts recover from the physical effects of addiction. The drugs introduced for the opioid and heroin include zubsolv, probuphine, lofexidine hydrochloride, and naltrexone. Therefore, these new drugs for the recovery of opioid and heroin abusers will considerably aid in the growth of the substance abuse treatment market during the forecast period.

Global Substance Abuse Treatment Market- Segmentation

By Treatment Type

Drug Abuse Treatment
o Methadone

o Buprenorphine

o Naltrexone

Nicotine Addiction Treatment
o Total NRT Therapy

o Varenicline

o Bupropion

Alcohol Addiction Treatment
o Acamprosate

o Disulfiram

o Naltrexone

o Benzodiazepines

By Distribution Channel

Retail
Rehabilitation Center
Global Substance Abuse Treatment Market- Segment by Region

North America

The US
Canada
Europe

Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific

China
Japan
India
Rest of Asia-Pacific
Rest of the World

Latin America
Middle East Africa
Company Profiles

Adial Pharmaceuticals Inc.
Alkermes PLC
Allergan plc (Subsidiary of AbbVie)
Amphastar Pharmaceuticals, Inc.
BioCorRx, Inc.
Bristol Myers Squibb Co.
Indivior PLC
Mallinckrodt PLC
Novartis AG (Sandoz)
Opiant Pharmaceuticals Inc.
Pfizer Inc.
Purdue Pharma L.P.
Reckitt Benckiser Group plc
Sun Pharmaceutical Industries Ltd.
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Issued By Preeti
Country India
Categories Business
Tags substance abuse treatment market
Last Updated December 3, 2020