Global Substance Abuse Treatment Market Research Report and Analysis Data by Forecast 2024-2032
Substance Abuse Treatment Market Size, Industry Analysis By Abuse Type (Drug Abuse, Alcohol Dependence), By Product Type (Drug Abuse Treatment, Alcohol Addiction Treatment), By Distribution Channel (Retail Pharmacies And Drug Stores, Hospital Pharmacies) – Global, Trends, Share And Forecast 2023-2030

Substance Abuse Treatment Market Size, Industry Analysis By Abuse Type (Drug Abuse, Alcohol Dependence), By Product Type (Drug Abuse Treatment, Alcohol Addiction Treatment), By Distribution Channel (Retail Pharmacies And Drug Stores, Hospital Pharmacies) – Global, Trends, Share And Forecast 2023-2030

All updated as on - The global market for substance abuse treatment was worth $5.8 billion in 2022 and is expected to reach $10.99 billion by 2030, expanding at a CAGR of 12.6 percent between 2023 and 2030. Market drivers for substance addiction therapy include rising drug awareness campaigns and a larger dependent population.

Substance abuse is defined as compulsive drug or alcohol use that causes significant problems or suffering. Substance abuse refers to the misuse of any substance, whether it be an illegal one like marijuana, heroin, cocaine, or methamphetamine or a legal one like alcohol, cigarettes, or prescription medicines. Alcohol is by and away the most abused legal substance in the country.

 Substance Abuse Treatment Market Research

United Nations Office of Drugs and Crime's 2021 World Drug Report estimates that over 275 million people around the world took drugs in the previous year, with over 36 million people suffering from a substance use problem. According to the survey, the global population growth between 2010 and 2019 contributed to a 22% increase in the number of drug users. There will be 11% more drug users worldwide by 2030, with a particularly large increase of 40% in Africa due to the continent's rapidly growing and young population.

This might cause a person to experience difficulties in their personal and professional lives. In 2021, cannabis use peaked at an estimated 192 million users worldwide. Over the past decade, the number of deaths attributable to opioid use disorders has increased by 71%, with the rate of rise being 92% among women and 63% among men. The rising prevalence of drug abuse highlights the urgency of raising public understanding of the dangers posed by illegal substances. Organisations in both the public and private sectors are consistently working to raise public awareness about the dangers of substance misuse and encourage addicts to seek help.

To assist prevent drug abuse disorder and increase access to addiction treatment and services, the Texas Department of Health and Human Services, for example, initiated a public awareness campaign in March 2022 with funding of $23.2 million. Market expansion is also anticipated as a result of rising interest in nicotine replacement therapy (NRT) due to rising public awareness of smoking's negative health effects. Also, technological advances in therapies with the introduction of novel products such flavoured chewing gums, heat-not-burn products, and lozenges are expected to boost the popularity of NRT.

In an effort to reduce mortality and morbidity rates, governments in both developed and developing nations are establishing awareness programmes about the dangers of substance abuse and encouraging people to get help as soon as possible. For instance, the Substance misuse and Mental Health Services Administration (SAMHSA) is spearheading numerous programmes in the United States to lessen the toll that substance misuse takes on culture. The Substance Abuse and Mental Health Services Administration (SAMHSA) is a division of HHS. Above the Influence, NIDA for Teens: The Science Behind Drug Abuse, and the AWARxE Prescription Drug Safety Programme are just a few of the organization's prominent campaigns.

Substance misuse is a chronic disease that worsens without intervention. Individuals with substance use disorders can find renewed strength and motivation through drug abuse treatment. Detox is necessary for almost everyone with an addiction to rid their bodies of toxins like alcohol and drugs. The availability of treatment depends on a number of criteria, including the nature of the substance abused, the duration and intensity of use, the presence of an addiction disorder, and the consequences of the disorder. A comprehensive treatment plan that includes a variety of options for aftercare may be necessary for a positive outcome. Addiction, dependence, major physical injury, psychological harm, and even death can arise from the reckless and harmful use of substances with the potential to create such habits. The Global Substance Abuse Treatment Market is expanding as a result of rising levels of patient education and treatment-seeking as well as government involvement and financial incentives to reduce substance abuse in all countries.

Report Coverage

Global Substance Abuse Treatment research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Substance Abuse Treatment report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Substance Abuse Treatment competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Substance Abuse Treatment market players and analyses their core competencies in each global market sub-segments.

REPORT ATTRIBUTESDETAILS
Study Period

2017-2030

Base Year

2022

Forecast Period

2022-2030

Historical Period

2017-2021

Unit

Value (USD Billion)

Key Companies Profiled

Pfizer Inc., Alkermes Plc, GlaxoSmithKline Plc., Purdue Pharma LP, Allergan, Mylan Laboratories, Reckitt Benckiser Pharmaceuticals, Teva Pharmaceuticals, Forest Laboratories, and Accord Healthcare

Segments Covered

• By Product
• By Application
• By Geography

Customization Scope

Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope



Key Points Covered in the Report

  • Market Revenue of Substance Abuse Treatment Market from 2021 to 2030.

  • Market Forecast for Substance Abuse Treatment Market from 2021 to 2030.

  • Regional Market Share and Revenue from 2021 to 2030.

  • Country Market share within region from 2021 to 2030.

  • Key Type and Application Revenue and forecast.

  • Company Market Share Analysis, Substance Abuse Treatment competitive scenario, ranking, and detailed company
    profiles.

  • Market driver, restraints, and detailed COVID-19 impact on Substance Abuse Treatment
    Market


Competitive Environment:

The research provides an accurate study of the major organisations and companies operating in the global Substance Abuse Treatment market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Substance Abuse Treatment market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.

List of Major Market Participants

Pfizer Inc., Alkermes Plc, GlaxoSmithKline Plc., Purdue Pharma LP, Allergan, Mylan Laboratories, Reckitt Benckiser Pharmaceuticals, Teva Pharmaceuticals, Forest Laboratories, and Accord Healthcare

Primary Target Market

  • Market Players of Substance Abuse Treatment

  • Investors

  • End-users

  • Government Authorities

  • Consulting And Research Firm

  • Venture capitalists

  • Third-party knowledge providers

  • Value-Added Resellers (VARs)


Market Segment:

This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Substance Abuse Treatment market based on the below-mentioned segments:

Global Substance Abuse Treatment Market, By Type

Alcohol Dependence
Tobacco & Drug Abuse

Global Substance Abuse Treatment Market, By End User

Outpatient Treatment Centers
Residential Treatment Centers
Inpatient Treatment Centers

Global Substance Abuse Treatment market, Regional Analysis


  • Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe

  • The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific

  • South America: Brazil, Argentina, Rest of South America

  • Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa

CBR-2092
About This Research

You will get in-depth and extensive substance abuse treatment market market research and competitor analysis for your business to help you develop more profound insights into the substance abuse treatment market Market.

Through INFINITIVE Data Expert is a professional Market Research services, I will identify the substance abuse treatment market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.

substance abuse treatment market

CBR-2092

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