Smoking Cessation and Nicotine De-Addiction Market Incredible Possibilities, Growth with Industry Study, Detailed Analysis and Forecast To 2027
Smoking cessation and nicotine de-addiction market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 27.1% in the forecast period of 2020 to 2027 and expected to reach USD 1, 59,441.18 million by 2027. Growing adoption of e-cigarettes is a growing factor for the market. Globally, as they are deemed a healthier option for long-term users, the industry has increasingly suggested and accepted quitting aids.
Few of the leading organizations’ names are listed here- Cipla Inc., Johnson & Johnson Services, Inc., Takeda Consumer Healthcare Company Limited, Alkalon A/S, 22nd Century Group, Inc., GlaxoSmithKline plc., Imperial Brands, Japan Tobacco Inc., British American Tobacco, Perrigo Company plc, Fertin Pharma, Cambrex Corporation, Dr. Reddy’s Laboratories Ltd., Pfizer Inc. and Strides Pharma Science Limited and among others.
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Succinct Description of the Market:
This smoking cessation and nicotine de-addiction market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Smoking Cessation and Nicotine De-Addiction Market Country Level Analysis
The countries covered in the Smoking cessation and nicotine de-addiction market report are the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, UAE, Saudi Arabia, Egypt, Israel, South Africa and rest of Middle East & Africa.
In North America, use of e-cigarettes and other nicotine products in the U.S. has risen dramatically, rendering the nicotine category dominant in the country. In China, the population of the nation is very big and the number of smokers is also very strong in the area, which boosts the market for nicotine products to support smoking cessation. In Europe, nicotine is quite common in the market of United Kingdom and there are also rising safety concerns; raising disposable incomes fuels competition for nicotine items such as e-cigarettes in the country.
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In this study, the years considered to estimate the market size of Smoking Cessation and Nicotine De-Addiction are as follows:
History Year: 2014-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2027
Crucial Market Segment details-:
On the basis of product type, the market is segmented into with nicotine and without nicotine. Throughout the North American market, the use of e-cigarettes and other nicotine items has risen considerably, rendering the nicotine category prominent in the area. In Asia-Pacific, the population of countries including China and India is very big and the population of smokers is also very strong in the country, which boosts the market for nicotine drugs to improve smoking cessation. In Europe, nicotine is very common in the market and there are also rising safety concerns; that disposable incomes fuels competition for nicotine items such as e-cigarettes in the area.
On the basis of treatment type, the market is segmented into pharmacological, therapies and others. In the North American region, policymakers and scientific organizations have continued to expand their acceptance of nicotine replacement therapies and to raise understanding of the safety effects of smoking. In Asia-Pacific, citizens in countries like China and India have little awareness of therapies, and the therapy method is often quite expensive, which limits the market for therapies in the country. In the Middle East and Africa, the use of e-cigarettes is growing, raising the need for pharmacological care in the region.
On the basis of distribution channel, the market is segmented into online and offline. In North America, the off-line channel is powerful, as understanding of smoking behaviour is growing, and the number of smokers in the country has also grown quite rapidly. In Asia-Pacific, retail stores are very large, providing a range of drugs or options for citizens to get drugs. There are a large number of retail pharmacies in the Middle East and Africa that provide various types of smoking cessation medicines.
Methodologies utilized to evaluate the market-:
Smoking cessation and nicotine de-addiction market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to smoking cessation and nicotine de-addiction market.
Research strategies and tools used-:
This SMOKING CESSATION AND NICOTINE DE-ADDICTION market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.
Table of Contents
1 Smoking Cessation and Nicotine De-Addiction Market Overview
2 Manufacturers Profiles
3 Global Smoking Cessation and Nicotine De-Addiction Market Competitions, by Players
3.1 Global Smoking Cessation and Nicotine De-Addiction Revenue and Share by Players
3.2 Market Concentration Rate
3.2.1 Top 5 Smoking Cessation and Nicotine De-Addiction Players Market Share
3.2.2 Top 10 Smoking Cessation and Nicotine De-Addiction Players Market Share
3.3 Market Competition Trend
4 Global Smoking Cessation and Nicotine De-Addiction Market Size by Regions
5 North America Smoking Cessation and Nicotine De-Addiction Revenue by Countries
6 Europe Smoking Cessation and Nicotine De-Addiction Revenue by Countries
7 Asia-Pacific Smoking Cessation and Nicotine De-Addiction Revenue by Countries
8 South America Smoking Cessation and Nicotine De-Addiction Revenue by Countries
9 Middle East and Africa Revenue Smoking Cessation and Nicotine De-Addiction by Countries
10 Global Smoking Cessation and Nicotine De-Addiction Market Segment by Type
11 Global Smoking Cessation and Nicotine De-Addiction Market Segment by Application
12 Global Smoking Cessation and Nicotine De-Addiction Market Size Forecast (2019-2027)
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