openPR Logo
Press release

Substance Abuse Treatment Market News Research Report 2024

09-18-2020 03:02 PM CET | Health & Medicine

Press release from: Transparency Market Research

A recent report by Transparency Market Research on the substance abuse treatment market in the U.S. states that the competitive landscape is highly fragmented. This is because around 242 companies compete against one another in it. This also makes overall competition stiff. Some of the companies that have beat competition to emerge as leading players in the market are Pfizer Inc., Alkermes Plc, GlaxoSmithKline Plc., and Purdue Pharma LP. Their astute marketing strategies have helped to enhance their market shares majorly.

Our report, which valued the U.S. market for substance abuse treatment at US$4.42 bn in 2015, estimates it to become worth US$12.43 bn by 2024-end by rising at an impressive 12.40% CAGR between 2016 and 2024.

Get Brochure of the Report @https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=21773

us substance abuse treatment market
The most prevalent substance abuse in the U.S. are those pertaining to tobacco or nicotine addiction, alcohol dependence, and opioid addiction. Among them, the tobacco or nicotine addiction leads owing to around 15.0% of people in the nation being addicted to smoking. When it comes to end users, the outpatient treatment centers are responsible for driving most of the demand mainly because their rising popularity. In the years ahead too, the segment will drive most of the demand in the market.

Request For Covid19 Impact Analysis –https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=21773

Alarming Rise in Cases of Substance Abuse Drives Market

At the forefront of driving the market for substance abuse treatment in the U.S. is the spike in number of alcohol, opioid, and nicotine or tobacco addicts. “The federal government along with the local authorities in the nation have devised myriad early intervention and therapeutic strategies to bring the situation under control. This is expected to bode well for the market for substance abuse treatment in the near term,” states the lead analyst of TMR.

In addition, the U.S. market for substance abuse is also expected to gain from the leading companies’ efforts to enhance their customer base by generating awareness through campaigns about the harmful effects of drug abuse and the necessity of timely treatment. In order to do so, the companies are seen banking upon every medium including print, television, and online.

Strict Approval Process for New Therapies Offsets Market Growth to an Extent

On the flipside, not too many therapies for mental illness resulting from substance addiction and stringent rules pertaining to approval of therapies is dampening market growth to an extent.

Buy Report Now : https://www.transparencymarketresearch.com/checkout.php?rep_id=21773<ype=S

The most widely sold drugs in the market for substance abuse treatment market are disulfiram, naltrexone, and acamprosate. Among them, acamprosate will likely see maximum share in the near future. Non-nicotine medications and nicotine replacement treatment have now emerged as the most effective treatments for nicotine and tobacco addiction.

This review is based on the findings of a TMR report, titled, “Substance Abuse Treatment Market (Abuse Type – Alcohol Dependence, Tobacco/Nicotine Addiction, and Opioid Addiction; Treatment Type – Alcohol Addiction Treatment (Disulfiram, Acamprosate, and Naltrexone), Tobacco/Nicotine Addiction Treatment (Nicotine Replacement Treatment and Non-nicotine Medication), Drug Abuse Treatment (Methadone, Buprenorphine, and Naltrexone); End User – Outpatient Treatment Centers, Residential Treatment Centers, and Inpatient Treatment Centers) – U.S. Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024.”

Read our Case study at : https://www.transparencymarketresearch.com/casestudies/innovative-medical-device-manufacturing-start-up

The report segments the U.S. Substance Abuse Treatment Market into the following:

The U.S. Substance Abuse Treatment Market, by Abuse Type

Alcohol Dependence
Tobacco/Nicotine Addiction
Opioid Addiction
The U.S. Substance Abuse Treatment Market, by Treatment

Alcohol Addiction TreatmentDisulfiram
Acamprosate
Naltrexone
Tobacco/Nicotine Addiction TreatmentNicotine Replacement TreatmentNicotine Patch
Nicotine Gum
Nicotine Lozenge
Nicotine Spray
Nicotine Inhaler
Non-Nicotine MedicationBupropion
Varenicline
Drug Abuse TreatmentMethadone
Buprenorphine
Naltrexone
The U.S. Substance Abuse Treatment Market, by End User

Outpatient Treatment Centers
Residential Treatment Centers
Inpatient Treatment Centers
More Trending Reports by Transparency Market Research – 1. https://www.prnewswire.com/news-releases/rising-complications-due-to-diabetes-is-pushing-adoption-of-diabetic-ulcers-treatment-market-valuation-will-rise-up-to-us13-6-bn-by-2026-end-finds-tmr-report-301016214.html

2. https://www.biospace.com/article/ophthalmic-knives-market-global-emphasis-on-improving-vision-quality-to-underpin-market-growth/

Contact

Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Substance Abuse Treatment Market News Research Report 2024 here

News-ID: 2137225 • Views: 161

More Releases from Transparency Market Research

Synthetic Blood Substitutes and Blood Products Market Demand Research Report Ana …
Synthetic blood substitute or artificial blood is a replacement for blood. It generally replicates and fulfills some functions of blood and provides an alternative to blood transfusion. The main purpose of artificial blood is transportation of oxygen and carbon dioxide across the body. View Report : https://www.transparencymarketresearch.com/synthetic-blood-substitutes-blood-products-market.html Blood loss due to traumatic injuries and diseases is responsible for thousands of deaths each year. Furthermore, fresh blood can be stored for only 42
Medical Computer Carts Market Trends Research Report Analysis Revealing Key Driv …
Medical computer carts can be defined as medical carts used by medical staff for several day to day activities such as checking electronic medical records, distributing drugs, charting and EMR, medication dispensing, and nursing education. These are suitable for large hospitals, health clinics, pharmacies, and psychiatric hospitals. View Report : https://www.transparencymarketresearch.com/medical-computer-carts-market.html The global medical computer carts market has witnessed strong growth in the past few years driven by increased adoption of electronic
Impact of Outbreak of COVID-19 on Stair Lift Manufacturing Market : Global Indus …
Global Stair Lift Manufacturing Market: Overview Stair lift, commonly used in home care settings or healthcare facilities, are motorized seats which run along a rail or track and are powered by alternating current or batteries so that they can function even during power outages. Stair lifts for both straight and curved staircases are available in the market and they can be completely customized too. They are easy to operate and have
Analysis of Potential Impact of COVID-19 on Knee Implants Market
Global Stair Lift Manufacturing Market: Overview Stair lift, commonly used in home care settings or healthcare facilities, are motorized seats which run along a rail or track and are powered by alternating current or batteries so that they can function even during power outages. Stair lifts for both straight and curved staircases are available in the market and they can be completely customized too. They are easy to operate and have

All 5 Releases


More Releases for Treatment

WASTEWATER TREATMENT
What if we are all part of the solution and not part of the pollution, what if we lived in a world that is less polluted because the amount of waste generated are properly treated before disposal, what if we had clean and clear water made available for everyone? These and many what ifs we can ask ourselves.Billions of tonnes of waste are been produced annually with about 42 million
Medical Tourism Market by Treatment Type (Dental Treatment, Cosmetic Treatment, …
Medical Tourism Market Overview: The global medical tourism market was valued at $53,768 million in 2017, and is estimated to reach at $143,461 million by 2025, registering a CAGR of 12.9% from 2018 to 2025. Organized travel across international borders to avail medical treatment of some form, which may or may not be available in the travelers home country is defined as medical tourism. Medical tourists travel abroad for the maintenance, enhancement,
Treatment of Patellofemoral Problems
The first line of treatment of patellofemoral problems focuses on reducing the inflammation in the knee. This can be achieved with rest and non-steroidal anti-inflammatory medication (NSAIDs) like Ibuprofen. Physical therapy may be advised for patients in the early stages of treatment. The therapy therapist may involves icing, massage, and/or ultrasound to prevent pain and swelling. Your surgeon or physical therapist may also recommend orthopedic bracing or taping for your
Acne Vulgaris Treatment Market
Acne vulgaris is a common skin disease characterized by blackheads, whiteheads, papules, and pustules on the face, neck, back, and chest. It is commonly observed in adolescent population, however, can also affect adults. Depending on its severity, acne may be segmented into mild, moderate or severe. It is caused due to excess oil produced in sebaceous glands under skin, which becomes plugged and inflated. Female patient with polycystic ovarian syndrome
Water Treatment Equipment Market
Water Treatment Equipment refers to the equipment used in the industrial water treatment. It includes Pre-treatment non-membrane, Pre-treatment membrane, ultrapure water, AD/EDI systems polishing, Inorganic WW treatment, Organic WW treatment, etc. The scope of the Report: This report focuses on the Water Treatment Equipment in the United States market, to split the market based on manufacturers, states, type and application. Sample Report Request: https://www.reportsandmarkets.com/sample-request/united-states-water-treatment-equipment-market-to-2022-1622845 Market Segment by Type, covers Pre-treatment non-membrane, Pre-treatment membrane, Ultrapure
Rheumatoid Arthritis Treatment Market
Rheumatoid arthritis (RA) is the most common autoimmune arthritis affecting more than 1.3 million U.S. citizens (American College of Rheumatology). More surprising is to know that around 75% of this affected population is women. Affecting the joints at any age, rheumatoid arthritis needs to be addressed early to avoid expensive joint replacement surgery. While it can affect any joint, small joints in hand and feet tend to be affected the