The latest report by IMARC Group, titled “ Addiction Treatment Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global addiction treatment market size reached US$ 5.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.76% during 2024-2032.
Addiction treatment refers to a range of interventions aimed at helping individuals overcome substance dependency or behavioral issues that impair normal functioning. This encompasses medical detoxification, behavioral counseling, medication-assisted treatments, and long-term aftercare support to help maintain sobriety and well-being. Often delivered in specialized healthcare facilities, these treatments employ a multidisciplinary approach, involving psychiatrists, counselors, and other healthcare professionals to manage the physical and psychological aspects of addiction. In recent years, the move toward personalized and evidence-based treatment modalities signifies the industry’s commitment to more effective and humane strategies. At present, addiction treatment targets immediate detoxification and addresses the root causes, helping reduce relapse rates and improving quality of life.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/addiction-treatment-market/requestsample
Addiction Treatment Market Trends and Drivers:
The global addiction treatment market is primarily driven by the rising prevalence of substance abuse and the growing awareness about the available treatments. Additionally, favorable regulatory policies that aim to curb the opioid crisis, especially in developed nations, are propelling the market growth. Moreover, the increase in government and private funding for addiction treatment research is creating opportunities for advanced and effective treatment options to emerge. Along with this, the proliferation of telehealth services, especially during the COVID-19 pandemic, has enabled remote addiction treatment, making it more accessible, thus fueling market growth. Furthermore, the heightened focus on mental health in the workplace is encouraging employers to include addiction treatment in employee wellness programs, thereby supporting the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Treatment Type Insights:
- Medications
- Bupropion
- Varenicline
- Acamprosate
- Disulfiram
- Naltrexone
- Methadone
- Buprenorphine
- Nicotine Replacement Products
- Others
- Counselling and Behavioural Therapies
- Cognitive-Behavioural Therapy
- Multi-Dimensional Therapy
- Motivational
- Others
- Others
Addiction Type Insights:
- Alcohol Addiction Treatment
- Tobacco/Nicotine Addiction Treatment
- Opioid Addiction Treatments
- Others
Treatment Centre Insights:
- Outpatient Treatment Centers
- Residential Treatment Centers
- Inpatient Treatment Centers
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Alkermes plc
- Dr. Reddy’s Laboratories Ltd.
- Hikma Pharmaceuticals plc
- Indivior PLC
- Mallinckrodt Pharmaceuticals
- Orexo AB
- Pear Therapeutics (US) Inc.
- Pfizer Inc.
- Viatris Inc.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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