Report ID: 10326755 |
Published Date: 21 Oct 2022 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
Global Substance Abuse Treatment Market is valued approximately at USD XX Billion in 2019 and is anticipated to grow with a growth rate of more than XX % over the forecast period 2020-2027. Substance abuse refers to use of harmful psychoactive substances including drugs, alcohol and smoking. Rise in the trend for cigarette smoking among the teenagers and youngsters is the major driver for the market growth. For Instance: As per Global Adult Tobacco Survey (GATS) in 2018, in China, 26.6% of the population are smokers which rises the addiction of tobacco and smoking which are highly injurious to health. The incidence and number of drug addiction cases are accelerating over the period of time. For Instance: As per the National Survey on Drug Use and Health (NSDUH) in 2017, 19.7 million American adults (aged 12 and older) battled a substance use disorder whereas 38% of the adults in the US battled with illicit drug use disorder.
Rise in the awareness among the patients and their family members regarding the health problems and side-effects surge the growth of the market. As per the depth of addiction, different treatments are provided such as Impatient drug abuse treatment which allows fully focused and intensive environment to the patient, long-term treatment for highly addicted patients and outpatient substance abusive treatment for patients with mild substance abuse disorder. Moreover, government initiatives, interventions and encouragement to deteriorate substance abuse across the countries supports the market growth. For Instance: As per Economic Times in India in September 2017, government passed first National Policy to fight against drug addicts by appointing specialist doctors and facilities to treat the addicts in all accreted de-addiction centers and government hospitals. However, poor availability of substance abuse treatment centers in some countries and lower access to the treatments are the major restraining factors which impede the growth of Global Substance Abuse Treatment Market over the forecast period of 2020-2027.
The regional analysis of global Substance Abuse Treatment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world due to rise in the number of population affected by substance abusive disorder. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising awareness regarding substance abuse and developing economic conditions across countries like China and India would create lucrative growth prospects for the Substance Abuse Treatment market across Asia-Pacific region.
Major market player included in this report are:
Alkermes plc (Ireland)
Allergan, Inc. (Ireland)
GlaxoSmithKline plc (UK)
Mylan N.V.(US)
Pfizer Inc. (US)
Purdue Pharma L.P. (US)
Reckitt Benckiser Pharmaceuticals (UK)
Teva Pharmaceutical Industries Ltd. (Israel)
Forest Laboratories Ltd. (US)
Accord Healthcare Ltd. (UK)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Abuse Type:
Alcohol Dependence
Tobacco/Nicotine Addiction
Drug Abuse
Others
By End-User:
Outpatient Treatment Centers
Residential Treatment Centers
Inpatient Treatment Centers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Substance Abuse Treatment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
<
Why Choose Kenneth Research ?
-
Insight with Impact : We don’t just gather data — we uncover stories, trends, and opportunities that fuel business growth.
-
Experts Who Get It : Our team speaks your industry’s language and knows what really matters to your customers and market.
-
Custom-Built for You : Forget one-size-fits-all. We craft research and consulting solutions as unique as your business vision.
-
Partners, Not Just Providers : We work with you, not for you — collaborating closely to turn insights into smart, strategic moves.
-
Results That Speak : Our work powers brands, startups, and industry leaders alike — with a track record of ideas that work in the real world.
Report ID: 10326755 |
Published Date: 21 Oct 2022 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
