The global addiction treatment market was valued at approximately US$ 4.0 Bn in 2016 and is anticipated to expand at a CAGR of over 6.0% from 2017 to 2025 to reach value of approximately US$ 7.0 Bn by 2025.
[EUPRwire, Fri Apr 26 2019] A new report titled "Addiction Treatment Market Estimated to Reach a Value US$ 7.0 Billion by 2025" has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Addiction Treatment market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Addiction Treatment across the globe.
The global addiction treatment market report comprises a detailed and elaborate executive summary, which includes market snapshot that provides information about the various segments. It also provides information and data analysis of the country’s market with respect to the segments based on treatment type, drug type, treatment center, and distribution channel. An elaborated qualitative analysis of drivers and trends has been provided in the market overview section. This section also provides market attractiveness analysis in terms of country, thus presenting a thorough analysis of the overall competitive scenario in the global addiction treatment market.
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Addiction treatment is intended to help addicted individuals from compulsive seeking. Drug abuse and addiction treatments are provided in several different settings by using a number of behavioral and pharmacological approaches. The global addiction treatment market was valued at approximately US$ 4.0 Bn in 2016 and is anticipated to expand at a CAGR of over 6.0% from 2017 to 2025 to reach value of approximately US$ 7.0 Bn by 2025. Favorable reimbursements for smoking cessation therapy, growing abuse of prescription drugs, and rise in government initiatives to raise awareness about drug addiction are some factors driving the addiction treatment market from 2017 to 2025.
Based on treatment centers, the global addiction treatment market has been classified into alcohol addiction treatment, tobacco/nicotine addiction treatment, opioid addiction treatment, and other substance addiction treatment. The segments have been analyzed based on awareness of addiction treatment, actual percentage accessing different insurance policies for treatment, and medical scenarios. The market size and forecast for each of these segments have been provided for the period from 2017 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.
Based on drug type, the market has been segmented into bupropion, varenicline, acamprosate, disulfiram, naltrexone, methadone, buprenorphine, nicotine replacement products, and others. In term of treatment centers, the market has been segmented into outpatient treatment centers, residential treatment centers, and inpatient treatment centers. The segments have been extensively analyzed based on drugs and products used in the treatment of addiction, centers that have been widely used for treatment and medical reimbursement. The market size and forecast in terms of value (US$ Mn) for each segment have been provided for the period from 2015 to 2025. The report also provides compound annual growth rate (CAGR %) for each market segment for the forecast period from 2017 to 2025, considering 2016 as the base year.
In terms of distribution channels, the addiction treatment market has been segmented into hospital pharmacy, medical stores, and others. The distribution channels segmentation has been done on the basis of purchase of drugs which is prescribed for addiction treatment.
Geographically, the global addiction treatment market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market size and forecast for each of these regions have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.
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The report also profiles major players in the global addiction treatment market based on various attributes such as company overview, financial overview, product portfolio, business strategies, SWOT analysis, and recent developments. Key players operating in the global addiction treatment market are Cipla Ltd., Allergan plc, Alkermes plc, Pfizer Inc., Orexo AB, GlaxoSmithKiline plc, Purdue Pharma L.P, Mallinckrodt, and Reckitt Benckiser (Indivior PLC).
The global addiction treatment market is segmented as follows:
Global Addiction Treatment Market, by Treatment Type
Alcohol Addiction Treatment
Tobacco / Nicotine Addiction Treatment
Opioid Addiction Treatment
Other Substance Addiction Treatment
Global Addiction Treatment Market, by Drug Type
Nicotine replacement products
Global Addiction Treatment Market, by Treatment Center
Outpatient Treatment Centers
Residential Treatment Centers
Inpatient Treatment Centers
Global Addiction Treatment Market, by Distribution Channel
Global Addiction Treatment Market, by Region
Rest of Europe
Asia Pacific (APAC)
Australia & New Zealand
Rest of APAC
Latin America (LATAM)
Rest of LATAM
Middle East & Africa (MEA)
Rest of MEA
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