Addiction Treatment Market Size And Forecast
AddictionTreatment Market is growing at a faster pace with substantial growth rates overthe last few years and is estimated that the market will grow significantly inthe forecasted period i.e. 2021 to 2028.
AddictionTreatment Market is continuously rising exponentially for few decades due tothe increasing number of drug addiction cases across the world. It can becalled a trend as drug abuse has become one as the causes are peer pressure,curiosity, depression among other reasons. The Global Addiction TreatmentMarket report provides a holistic evaluation of the market. The report offers acomprehensive analysis of key segments, trends, drivers, restraints,competitive landscape, and factors that are playing a substantial role in themarket.
GlobalAddiction Treatment Market Definition
Drugaddiction is an obsessive and psychological dependence on a substance orpractice which is beyond voluntary control. It is the condition where a persongets prone to a harmful substance or a practice.
A variety of substances are abused such as Methadone, Buprenorphine, Bupropion,Acamprosate, Varenicline, Disulfiram, Naltrexone, Nicotine replacementproducts, Others surgical.
TheAddiction Treatment Market is categorized into drugs abused liketobacco/nicotine and vaping treatment, alcohol addiction treatment, marijuanaaddiction treatment, synthetic cannabinoids’ addiction treatment, prescriptionwith over-the-counter medications’ addiction treatment, other substanceaddiction treatment.
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Behavioraltherapies are popular among people as they help motivate them to participate indrug treatment, offer strategies for coping with drug cravings, teach ways toavoid drugs, and help individuals deal with relapse if it occurs. It also helpspeople improve communication, relationship, and parenting skills, as well asfamily dynamics.
Addictiontreatment programs employ both individual and group therapies. Group therapycan provide social reinforcement and help enforce behavioral probabilities thatpromote sobriety and a non-drug-using lifestyle. Efficiency andcost-effectiveness enhance with the adaption of Contingency management andcognitive-behavioral therapy for group settings.
GlobalAddiction Treatment Market Overview
AddictionTreatment Market is continuously rising exponentially for few decades due tothe increasing number of drug addiction cases across the world. The initiativesundertaken by the governments to implement the anti-drug policies and to spreadawareness regarding the health complications associated with substance abuseare further anticipated to promote market growth as they have increasedspending on drug prevention programs conducted in schools. Ultimately among allthe other places in society where the captive and the well-organized audiencepresent it is the school.
Duringthe Covid-19 pandemic, the number of addiction cases shoots up causing themarket of addiction treatment to surge. Everyone has been going through amoment of anxiety and fear for their health and jobs, and they are forced tolive an unfamiliar lifestyle, deprived of relationships. Furthermore, thecondition of people with psychological troubles might have worsened during thepandemic as a consequence of the unconsciously mirroring of others’ feelings.This unconventional situation may have pushed more individuals toward a deviantbehavior linked to licit or illicit substance use.
GlobalAddiction Treatment Market Segmentation Analysis
TheGlobal Addiction Treatment Market is segmented based on Addiction Type,Treatment, Treatment Center, Distribution channel, And Geography.
AddictionTreatment Market, By Addiction Type
•Tobacco/Nicotine and Vaping
• Alcohol
• Marijuana
• Synthetic Cannabinoids
• Prescription and Over-the-Counter Medications
• Others
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Basedon Addiction Type, the market is segmented into Tobacco/Nicotine and Vaping,Alcohol, Marijuana, Synthetic Cannabinoids,Prescription and Over-the-CounterMedications, and Others.
AddictionTreatment Market, By Treatment
•Detoxification
• Counseling and behavioral therapies
• Rehabilitation programs
• Self-help groups
• Medications
Basedon Treatment, the market is segmented into Detoxification, Counseling andbehavioral therapies, Rehabilitation programs, Self-help groups, Medications.
AddictionTreatment Market, By Treatment Center
•Outpatient Treatment Centers
• Residential Treatment Centers
• Inpatient Treatment Centers
Basedon Treatment Center, the market is segmented into Outpatient Treatment Centers,Residential Treatment Centers, and Inpatient Treatment Centers.
AddictionTreatment Market, By Distribution Channel
•Hospital Pharmacies
• Medical Stores
• Others
Basedon Distribution Channel, the market is segmented into Hospital Pharmacies,Medical Stores, and Others.
AddictionTreatment Market, By Geography
•North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Onthe basis of Geography, the Global Addiction Treatment Market is classifiedinto North America, Europe, Asia Pacific, Latin America, Middle East &Africa.
KeyPlayers In Addiction Treatment Market
The“Global Addiction Treatment Market” study report will provide valuable insightwith an emphasis on the global market. The major players in the market are Sosei Group Corporation, H.Lundbeck A/S, Axsome Therapeutics, Inc., Cerecor, Inc., Astraea TherapeuticsLLC., Omeros Corporation, CV Sciences, Inc., Pfizer, Inc., Alkermes plc, HagerBiosciences, LLC.
Thecompetitive landscape section also includes key development strategies, marketshare, and market ranking analysis of the above-mentioned players globally.
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