Market Research Future (MRFR) has published on the “Global Addiction Treatment Market”.
The Addiction Treatment Market is estimated to register a CAGR of 6.7% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Addiction Treatment Market— Alkermes plc, Cipla Ltd., GlaxoSmithKline plc, Pfizer, Inc., Mallinckrodt, Hikma Pharmaceuticals PLC, Orexo AB, Titan Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd, and Indivor Plc.
Addiction Treatment Market Highlights
The global Addiction Treatment Market is accounted to register a CAGR of 6.7% during the forecast period and is estimated to reach USD 15.32 Billion by 2032.
The industry is experiencing rapid expansion attributed to factors such as heightened awareness of treatments and the escalating prevalence of substance abuse disorders. Furthermore, the industry is anticipated to grow during the forecast period, propelled by government initiatives like drug awareness campaigns and prevention programs.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Addiction Treatment Market
Segment Analysis
The global Addiction Treatment Market has been segmented based on the Treatment Type, Drug Type, Treatment center, and Distribution Channel.
Based on the Treatment Type, the market is segmented into Alcohol Addiction Treatment, Tobacco/Nicotine Addiction Treatment, Opioid Addiction Treatment, and Other Substances Addiction Treatment. The tobacco/nicotine addiction treatment segment was attributed to holding the largest market share in 2022. The prevalence of tobacco addiction is a key factor driving the dominance of this segment. Globally, approximately 22.3% of the population uses tobacco, resulting in the annual death of 8 million individuals. Often labeled as a gateway drug, tobacco use is linked to the initiation and misuse of other substances. Teenagers who smoke exhibit significantly higher probabilities—22 times for cocaine, 8 times for marijuana, and 3 times for alcohol—compared to nonsmokers. The harmful impact of tobacco extends to almost every organ, particularly the lungs, leading to impaired lung function. This underscores the imperative for addiction treatment to address associated health conditions.
Based on the Drug Type, the Addiction Treatment Market has been segmented into Bupropion, Varenicline, Acamprosate, Disulfiram, Naltrexone, Methadone, Buprenorphine, Nicotine Replacement Products, and Others. The bupropion segment was expected to hold the largest market share in 2022. Bupropion stands out as a highly effective tool in smoking cessation within the addiction treatment market. Its efficacy lies in mitigating withdrawal symptoms and cravings, crucial factors in overcoming nicotine addiction, and achieving successful smoking cessation. This effectiveness positions Bupropion as a prominent solution in the market.
Based on the Treatment center, the Addiction Treatment Market has been segmented into Outpatient Treatment Centers, Residential Treatment Centers, and Inpatient Treatment Centers. The outpatient treatment centers segment was expected to hold the largest market share in 2022. Outpatient treatment centers present a more accessible and convenient alternative for individuals seeking addiction treatment. Patients can participate in sessions without disrupting their daily routines, accommodating work and family responsibilities. This heightened convenience catalyzes more individuals to proactively address their addiction issues. The cost-effectiveness of outpatient treatment, in contrast to residential or inpatient programs, positions it as the preferred choice for those with financial constraints, fostering growth in the outpatient segment.
Based on the Distribution Channel, the Addiction Treatment Market has been segmented into Hospitals Pharmacies, Medical Stores, and Others. The hospital pharmacies segment was expected to hold the largest market share in 2022. Hospitals are well-equipped to manage emergencies arising from substance abuse, offering critical care and detoxification services. This immediate response capability is essential for individuals dealing with acute addiction issues, playing a significant role in the expansion of addiction treatment services available through hospital pharmacies. Integral to the provision of addiction treatment, hospitals, and their pharmacies actively engage in pharmacotherapy services. This involves the prescription and supervision of medications utilized in addiction treatment. Pharmacists collaborate closely with healthcare providers to ensure the safe and effective administration of medication regimens for individuals undergoing addiction treatment.
Regional Analysis
The global Addiction Treatment Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe Addiction Treatment Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Addiction Treatment Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Addiction Treatment Market comprises of Middle East, Africa, and Latin America.
The largest market share for the Addiction Treatment Market was maintained by the North American regional sector. Within North America, the United States is poised to dominate the market due to the escalating incidence of tobacco abuse and a growing number of government initiatives aimed at curbing substance misuse. Notably, as of December 2020, data from the Centers for Disease Control and Prevention (CDC) revealed that nearly 14 out of every 100 U.S. adults aged 18 years or older (14.0%) were cigarette smokers in 2019. The same source estimated that approximately 34.1 million adults in the U.S. are current cigarette smokers, with around 16 million individuals suffering from smoking-related diseases and associated health effects. The substantial population grappling with addiction issues in the country is expected to drive demand for addiction treatment services, consequently fuelling market growth in the United States.
Moreover, the Europe market has been persistently growing over the forecast period. The prevalence of alcohol and tobacco addiction poses a significant public health challenge across European countries. To address this issue, various initiatives aimed at raising awareness and promoting de-addiction therapies have been initiated, supported by donations from individuals, businesses, and nonprofit organizations. These endeavors play a crucial role in expanding the market for substance abuse treatment in the region. According to the 2021 World Drug Report from the United Nations Office on Drugs and Crime, more than 275 million people globally used drugs in the preceding year, with over 36 million individuals suffering from drug use disorders. Notably, the Substance Abuse Treatment market in the United Kingdom held the largest market share, while the market in Germany exhibited the fastest growth in the region.
The expansion of key players into Asian countries, complemented by the development of healthcare infrastructure and supportive government initiatives, is a significant factor contributing to the growth of nicotine, alcohol, and drug addiction treatment adoption in the region. Additionally, the increasing prevalence of alcohol, tobacco, and opioid addiction in Asian countries is poised to drive market growth. For example, in India, nearly 267 million adults aged 15 and above, constituting 29% of all adults, are tobacco users according to the Global Adult Tobacco Survey India, 2016-17. The economic costs associated with tobacco use for individuals aged 35 years and above in India during the year 2017-18 totaled INR 177,341 crore (USD 27.5 billion), further emphasizing the pressing need for addiction treatment solutions in the region.
Furthermore, the rest of the world's Addiction Treatment Market is divided into the Middle East, Africa, and Latin America. The swift urbanization and evolving demographics in these regions are likely influencing lifestyle shifts, with an observed uptick in substance use. Urban areas, in particular, tend to experience elevated rates of substance abuse, creating a heightened need for addiction treatment facilities.
Key Findings of the Study
- The global Addiction Treatment Market is expected to reach USD XX billion by 2032, at a CAGR of 9.00% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market because There has been a growing awareness of mental health issues, including addiction, in the Asia-Pacific region. Increased advocacy and education campaigns have contributed to reducing the stigma associated with seeking addiction treatment.
- Based on treatment type, the tobacco/nicotine addiction treatment segment was attributed to holding the largest market in 2022, with an approximate market share of 55–60%.
- Alkermes plc, Cipla Ltd., GlaxoSmithKline plc, Pfizer, Inc., Mallinckrodt, Hikma Pharmaceuticals PLC, Orexo AB, Titan Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd, and Indivor Plc
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Base Year | 2020 |
Companies Covered | 15 |
Pages | 128 |
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