The Global substance abuse treatment market is expected to grow at an approximate CAGR of 11.6% during forecast period, 2018–2023.
Increasing cases of tobacco smoking is one of the prominent factors driving the substance abuse treatment market. According to the information published in the Frontiers in Psychiatry journal, China is facing an immense public health challenge from tobacco smoking. It is estimated that number of deaths, due to cigarette smoking, will reach 2 million by 2030 and 3 million by 2050.
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Various other factors such as increasing incidence of drug addiction, technological advancement in the diagnostics industry, rising patient awareness about substance abuse treatment and improvement in treatment rates and healthcare infrastructure are also expected to propel the growth of the market.
However, poor treatment compliance in some countries and reluctance of individuals for accessing treatment can hamper the market growth over the forecast period.
- Purdue Pharma LP
- Mylan Laboratories
- Reckitt Benckiser Pharmaceuticals
- Teva Pharmaceuticals
- Forest Laboratories
- Accord Healthcare
- Amphastar Pharmaceuticals
- INSYS Therapeutics
- LFB Group
- Opiant Technologies
- Sanofi Aventis
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Global Substance Abuse Treatment Market, by Abuse Type
- Alcohol Dependence
- Tobacco/Nicotine Addiction
- Drug Abuse
Global Substance Abuse Treatment Market, by Treatment Type
- Alcohol Addiction Treatment
- Tobacco/Nicotine Addiction Treatment
- Nicotine Replacement Treatment
- Nicotine Patch
- Nicotine Gum
- Nicotine Lozenge
- Nicotine Spray
- Nicotine Inhaler
- Non-Nicotine Medication
- Nicotine Replacement Treatment
- Drug Abuse Treatment
Global Substance Abuse Treatment Market, by End User
- Outpatient Treatment Centers
- Residential Treatment Centers
- Inpatient Treatment Centers
The Americas dominated the global market for substance abuse treatment owing to presence of major market players and rising awareness about substance abuse treatment within the region. In recent years, various private and government organizations have launched campaigns and seminar to spread awareness about substance abuse. For instance, in February 2017, the Ad Council and Viacom have launched the LISTEN campaign and a new PSA to address America’s substance abuse crisis.
In 2017, it was estimated that Europe stood second in the global substance abuse treatment market. This can be attributed to the rising research and development investments.
Asia Pacific was projected to be the fastest growing region in 2017. Factors such as increasing incidences of tobacco addiction and increasing technological advancements within the region are boosting the regional markets of the Asia Pacific region.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.4 Macroeconomic Indicators
4.5 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
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