Substance Abuse Treatment Market Size Report, Industry Share, Analysis, Growth, 2030

Substance Abuse Treatment Market

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

Category: Healthcare Report Format : PDF Pages: 130 Report Code: ZMR-5026 Published Date: Nov-2019 Status : Published
Market Size in 2018 Market Forecast in 2025 CAGR (in %) Base Year
USD 14.44 Billion USD 25.07 Billion 8.2% 2018

Substance Abuse Treatment Market

Substance Abuse Treatment Industry Perspective:

The Global Substance Abuse Treatment Market Size was worth around USD 14.44 Billion in 2018 and is predicted to grow to around USD 25.07 Billion by 2025 with a compound annual growth rate (CAGR) of roughly 8.2% between 2019 and 2025.

The report covers forecast and analysis for the Substance Abuse Treatment Market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the Substance Abuse Treatment market along with the impact they have on the demand over the forecast period.

Additionally, the report includes the study of opportunities available in the Substance Abuse Treatment market on a global level. In order to give the users of this report a comprehensive view of the Substance Abuse Treatment market we have included a competitive landscape and analysis of Porter’s Five Forces model for the market.

The study encompasses a market attractiveness analysis, wherein Abuse Type, Treatment Type, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.

People are abusing substances like alcohol, tobacco, and other drugs for a variety of complicated reasons, but it is clear that society is paying a significant cost. The Substance Abuse and Mental Health Services Administration (SAMHSA) estimated in 2015 that nearly 22 million people at least 12 years of age needed treatment for substance abuse. Drug abuse treatment plans not only help addicts detoxify in a safe environment but also help them through all stages of the recovery process. In the management of drug abuse and addiction issues, different treatment methodologies are used.

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Substance Abuse Treatment Market: Segmentation

The study provides a decisive view of the Substance Abuse Treatment market by segmenting the market based on Abuse Type, Treatment Type, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025.

Based on Abuse Type, the market is segmented into Alcohol Dependence, Tobacco/Nicotine addiction, Drug abuse, and others. It is expected that the drug abuse segment accounts for the maximum share of the Substance Abuse Treatment market owing to the increasing addiction to opioids.

Based on Treatment Type, the market is segmented into Alcohol addiction treatment, Tobacco/Nicotine addiction treatment, Drug abuse treatment, and Others. The alcohol addiction treatment segment is anticipated to have the highest growth rate with respect to value.

The geographical segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 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 substance abuse treatment.

Recently, different private and government agencies have launched substance abuse treatment campaigns.  Europe is the second in terms of revenue attributing to the increase in investments in research and Development.

Substance Abuse Treatment Market: Report Scope

Report Attributes Report Details
Report Name Substance Abuse Treatment Market Research Report
Market Size in 2018 USD 14.44 Billion
Market Forecast in 2025 USD 25.07 Billion
Growth Rate CAGR of 8.2%
Number of Pages 255
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered 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.
Segments Covered By Abuse Type, By Treatment Type, By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Base Year 2018
Historical Year 2016 to 2018
Forecast Year 2019 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Substance Abuse Treatment Market: Growth Factors

Factors such as increased awareness of patients, higher rate of seeking treatment, increased government intervention, and encouragement to curb substance abuse in all countries are driving the growth of the global market for substance abuse treatment. It is observed that the market for nicotine addiction treatment held the largest market share because the increased number of addicted tobacco populations, the increased number of approved medicines, and the increased use of nicotine with other stimulants affect the growth of the global market for nicotine addiction treatment.

Drug awareness initiatives, as well as associated prevention programs, include a rise in patient awareness, an increase in the rate of treatment-seeking driven by increases in government intervention, and an increased focus on curbing misuse of drugs in many countries. Successful treatment for substance abuse has been growing with new drugs that avoid relapse and regulate drug cravings as well. Such factors may play a role in the future growth of the sector.

Substance Abuse Treatment Market:  Competitive Space

Key players within the global Substance Abuse Treatment market include 

  • 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 the global Substance Abuse Treatment market as follows:

By Abuse Type Segment Analysis

By 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

Table Of Content

Methodology

FrequentlyAsked Questions

Drug and alcohol addiction therapy includes a variety of interventions and therapies. This treatment addresses the physical, emotional, and social components of addiction using medical, psychological, and behavioral methods. Substance abuse treatment helps people detox, manage withdrawal symptoms, address psychological concerns, improve coping skills, and construct a sustainable recovery plan. Outpatient clinics, residential facilities, and counseling and support groups offer treatment.
 

Factors such as increased awareness of patients, higher rate of seeking treatment, increased government intervention and encouragement to curb substance abuse in all countries are driving the growth of the global market for substance abuse treatment.

According to the report, global demand for the 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 the end of 2025, growing at a CAGR of around 8.2% between 2018 and 2025.

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.

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.

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