Global Alcohol-Dependency Treatment Market Likely to Experience a Tremendous Growth in Near Future|| Alkermes, Teva Pharmaceutical Industries Ltd, Zydus Cadila, Mylan N.V, Glenmark Pharmaceuticals Ltd

To understand the market in depth, Global Alcohol-Dependency Treatment Market research report is the perfect solution. With the specific base year and the historic year, estimations and calculations are performed in the report. This industry analysis report is generated with the combination of best industry insight, practical solutions, talent solutions and latest technology. This global market research report studies the market at regional and global level by considering major geographical areas. The analysis and forecasting of market data using best statistical and coherent models, market share analysis and key trend analysis are the major accomplishing factors in this Global Alcohol-Dependency Treatment Market report.

A comprehensive Global Alcohol-Dependency Treatment Market document considers various factors that have great effect on the growth of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the industry. All the data and information involved in the report is taken from incredibly trustworthy sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers. An international Global Alcohol-Dependency Treatment Market report also makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market.

Global alcohol-dependency treatment market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. Increase in strategic alliances between the pharmaceuticals companies and untapped emerging economies are the key factors that fueling the market growth. 

Competitive Analysis:

Global alcohol-dependency treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares global alcohol-dependency treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Players:

Few of the major competitors currently working in the global alcohol-dependency treatment market are Alkermes, Teva Pharmaceutical Industries Ltd, Zydus Cadila, Mylan N.V, Glenmark Pharmaceuticals Ltd, Curemark, LLC, Chronos Therapeutics Ltd, BioCorRx, Inc, Bionex Pharmaceuticals LLC, Cerecor Inc , Opiant Pharmaceuticals, Omeros Corporation, MONTISERA LTD, Kinnov Therapeutics, Indivior PLC, Bristol-Myers Squibb Company, Otsuka Holdings Co., Ltd, H. Lundbeck A/S and others.

Market Definition: Global Alcohol-Dependency Treatment Market

Alcohol-dependency is also known as alcohol use disorder chronic consumption of alcoholic beverages at a level that interferes with physical or mental health. It can lead to health and social problem and causes negative emotions, impulsive behavior, craving and withdrawal syndrome.

According to the source from the Our World in Data, it is estimated that globally, around 185,000 people died directly from alcohol use disorders in 2017. Improvement in treatment rates and healthcare infrastructure are also expected to propel the growth of the market

Market Drivers

High prevalence of alcohol abuse disorder worldwide and vulnerable adult population is propelling the growth of this market
Change in life style and non-stringent regulation on sale of alcohol to the minors
New innovation and emerging new markets is boosting the market growth
High demand of disease specific novel treatment can also act as a market driver
The competitive scenario of market and strategic collaborations may boost the market position

Market Restraints

Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
Low healthcare budget in some developing countries is hamper the market growth

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Segmentation: Global Alcohol-Dependency Treatment Market

By Type

Mild
Moderate
Severe

By Therapy

Cognitive Behavioral Therapy
Psychotherapy

By Drugs

Naltrexone
Antabuse
Acamprosate
Others

By Route of Administration

Oral
Injectable

By End Users

Hospitals
Rehabilitation Centers
Others

By Distribution Channel

Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

Key Developments in the Market:

In January 2019, H. Lundbeck A/S received an approval from the Japan's Ministry of Health, Labor and Welfare (MHLW) for Selincro (nalmefene hydrochloride) for treatment to reduce alcohol consumption in alcohol-dependent patients. The approval of Selincro represents significantly improve the lives of millions of patients suffering from alcohol addiction throughout the Japan.
In July 2017, Opiant Pharmaceuticals reported topline result of phase I trial of OPNT002 which is a tranasally dosed (IN) formulation of the opioid antagonist naltrexone hydrochloride is developing for the treatment of Alcohol Use Disorder (AUD). The trial demonstrated increased the rate of absorption of intranasal naltrexone with no serious adverse event.

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Reasons to Purchase this Report

Current and future of global alcohol-dependency treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

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