Global Substance Abuse Treatment Market Set for Rapid Growth, to reach Value around USD 25.07 Billion by 2025

06-Jan-2020 | Zion Market Research

Zion Market Research has published a new report titled “Substance Abuse Treatment Market by Type (Drugs [Kuvan, and Biopten], and Dietary Supplements), by Route of Administration (Oral and Parenteral), and by End User (Hospital Pharmacies, Drug Stores, Online Pharmacies, Pediatric Clinics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025”. 

According to the report, global demand for Substance Abuse Treatment Market was valued at approximately USD 14.44 Billion in 2018, and is expected to generate revenue of around USD 25.07 Billion by end of 2025, growing at a CAGR of around 8.2 % between 2018 and 2025.

Browse the full “Substance Abuse Treatment Market by Abuse Type (Alcohol dependence, Tobacco/Nicotine addiction, Drug abuse and others), and Treatment Type (Alcohol addiction treatment, Tobacco/Nicotine addiction treatment, Drug abuse treatment and Others) – Global Industry Perspective Comprehensive Analysis and Forecast, 2019-2025” Report at https://www.zionmarketresearch.com/report/substance-abuse-treatment-market

Substance Abuse Treatment

For a variety of complicated reasons, people are abusing substances such as alcohol, tobacco and other drugs, but it is clear that society is paying a significant cost. In 2015, the Administration of Substance Abuse and Mental Health Services (SAMHSA) estimated that nearly 22 million people at least 12 years of age needed substance abuse treatment. Treatment plans for drug abuse not only help patients detoxify in a safe environment, but also assist them throughout the recovery process. Different methods of treatment are used in the management of drug abuse and addiction issues.

Factors such as increased patient awareness, higher rates of seeking treatment, increased government involvement, and willingness to combat drug abuse in all countries are driving the growth of the global drug abuse market. It is reported that the nicotine addiction treatment market has the largest market share because the increased number of addicted tobacco populations, the increased number of licensed drugs and the increasing use of nicotine with other stimulants have an effect on the growth of the global nicotine addiction treatment market. Initiatives to raise awareness of drugs, as well as related prevention programs, include growing patient awareness, increasing the rate of seeking treatment led by increased government involvement, and increasing emphasis on curbing drug abuse in many countries. Successful substance abuse treatment has grown with new drugs that also prevent recurrence and regulate drug cravings. These factors may play a role in the sector's future growth.

The market for Substance Abuse Treatment is segmented based on abuse type, treatment type, and region. Based on Abuse Type, the market is segmented into Alcohol dependence, Tobacco/Nicotine addiction, Drug abuse and others. It is expected that drug abuse segment accounts for maximum share in the Substance Abuse Treatment market owing to the increasing addiction of opioids. Tobacco nicotine leads to real physical dependence. This may lead to unpleasant symptoms of withdrawal when a person attempts to quit. Nicotine replacement therapy (NRT) provides nicotine in the form of gum, patches, sprays, inhalers or lozenges, with no other harmful tobacco chemicals. Based on Treatment Type, the market is segmented into Alcohol addiction treatment, Tobacco/Nicotine addiction treatment, Drug abuse treatment and others. Alcohol addiction treatment segment is anticipated to have a highest growth rate with respect to value.

Regional segmentation includes the current and forecast demand for Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further bifurcation into major countries. In 2018, North America led the market with regard to revenue owing to the presence of major players in the region and increasing awareness about the substance abuse treatment. Recently, different private and government agencies have launches substance abuse treatment campaigns.  Europe is the second in terms of revenue attributing to the increase in investments for research and Developments.

Some of the players included in Substance Abuse Treatment market are Accord Healthcare, Amphastar Pharmaceuticals, Apotex, BioCorRx, Cipla, Glenmark, INSYS Therapeutics, LFB Group, Lupin, Mylan Laboratories, Opiant Technologies, Sanofi Aventis, Sanquin, Sterinova, Sun Pharma and Teva Pharmaceutical amongst others.

The report segments global Substance Abuse Treatment market as follows:

Global Substance Abuse Treatment Market: Abuse Type Segment Analysis

  • Alcohol dependence
  • Tobacco/Nicotine addiction
  • Drug abuse
  • Others

Global Substance Abuse Treatment Market: Treatment Type Segment Analysis

  • Alcohol Addiction Treatment
  • Tobacco/Nicotine Addiction Treatment
  • Drug Abuse Treatment
  • Others

Global Substance Abuse Treatment Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed