openPR Logo
Press release

Addiction Treatments Market | GlaxoSmithKline plc, Reckitt Benckiser plc, Pfizer Inc.

10-26-2020 03:08 PM CET | Health & Medicine

Press release from: TMR Research

Addiction Treatments Market | GlaxoSmithKline plc, Reckitt

Global Addiction Treatments Market: Snapshot

The menace of drugs has been dogging our society for decades on end now. On one hand, authorities and police are trying to curtail the problem with an iron hand, on the other hand, healthcare institutes and pharmaceutical companies are pulling out all stops to cure addiction.

Get Exclusive PDF Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=29

This has spawned the addiction treatments market which has expanded incrementally over the years. Treatments can happen in different settings and can entail both medication and behavioral therapies. Depending upon the severity of the situation, lengths of treatment can vary. Since, drug addiction is mostly a chronic disorder characterized by occasional relapses, one treatment is usually not enough. It is usually lengthy requiring multiple interventions and time-to-time monitoring.

Some of the common medicines used in treatment of drugs are methadone, buprenorphine, and naltrexone, which are administered to those addicted to opioids. Nicotine preparations in the form of patches, lozenges, gum, and nasal spray and the medications varenicline and bupropion are meant to treat tobacco addiction. Besides, behavioral therapies are leveraged to help addicts cope with drug cravings and thwart a relapse.

The U.S. is one of the main addiction treatments market on account of a sizeable proportion of addicts. However, the market might receive a major setback if the new government manages to pass the bill repealing the Affordable Care Act that provides substantial coverage for drug addiction treatment. This would likely affect nearly 1.3 million people having mental-health and substance abuse disorders as per estimates.

Global Addiction Treatments Market: Overview

The drug epidemic has a severe economic impact in the United States every year. This includes cost incurred to address crime, loss in work productivity, and run rehabilitation programs. The National Institute on Drug Abuse (NIDA) defines drug addiction as a complex condition marked by extreme cravings for drugs and other addictive substances along with excessive seeking for these substances.

The approach for addiction treatment program varies from person to person. The objective of the treatment program is to help patients maintain abstinence from addictive substances and attain effective functioning in both personal and professional life. The treatment programs recommended may be residential or outpatient depending on the severity of the addiction, type of substance, and patient behavior. Hence, the addiction treatment programs include counseling (psychotherapy), outpatient and inpatient programs, and self-help groups.

Outpatient behavioral treatments comprise multidimensional family therapies, cognitive behavioral therapies, and motivational interviewing; while residential treatment programs include staying at a rehabilitation center for a period of about six to twelve months.

The report is a valuable tool for understanding the developments of the global addiction treatments market during the forecast period. The report presents a comprehensive analysis of market drivers, market challenges, and opportunities that will impact the progression of the global addiction treatments market for the 2017-2025 period. In this report, market segments and growth indicators are analyzed for historic years based on which projections are made for the forecast period. The report also presents the growth roadmap of leading companies in the market that will lead to changes in the competitive hierarchy.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=29

Global Addiction Treatments Market: Market Segmentation

The global addiction treatments market is segmented on the basis of treatment approach and geography. By treatment approach, medication and therapy are the components of this market. On the basis of geography, North America, Europe, Asia Pacific, and Rest of the World are components of this market.

Global Addiction Treatments Market: Regulatory Drug Approval

The U.S. Food and Drug Administration (FDA) has approved naltrexone, acamprosate, and disulfiram for treating alcohol dependence. Topiramate is a drug that is displaying encouraging results in clinical trials for treating alcohol dependence. Some of the formulations for treating nicotine dependence include chewing gums, lozenges, patches, and spray. Also, the FDA has approved two prescription medications for treating nicotine dependence, namely bupropion and varenicline.

Global Addiction Treatments Market: Drivers and Restraints

The increased use of addictive substances such as alcohol, tobacco, and drugs along with increased marketing initiatives to raise awareness about the detrimental effects of drug addiction is driving the global addiction treatments market. On the other hand, factors such as unwillingness to opt for rehabilitation programs and lack of mental and physical stability of patients during the treatment programs is challenging the growth of this market.

Major Companies in Global Addiction Treatments Market

The report outlines the competitive scenario of the global addiction treatments market with a detailed business profile of the major companies operating in the market. GlaxoSmithKline plc, Reckitt Benckiser plc, Pfizer Inc., and Orasure Technologies are some of the major companies that operate in this market.

The study presents reliable qualitative and quantitative insights into:

Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Key trends/opportunities/challenges
Forces defining present and estimated future state of the competitive landscape
Technological developments
Value chain and stakeholder analysis
The regional analysis covers:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Buy This Report @ https://www.tmrresearch.com/checkout?rep_id=29<ype=S

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

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 Addiction Treatments Market | GlaxoSmithKline plc, Reckitt Benckiser plc, Pfizer Inc. here

News-ID: 2171879 • Views: 248

More Releases from TMR Research

Extended Text Labels Market 2030 | Schreiner Group GmbH & Co. KG,WS Packaging Gr …
Extended Text Labels Market: Overview The changing consumer value propositions has shaped the packaging sector for long. Along with the prevailing regulatory dynamics of the times, product development and launches have been shaped by constant urge of packaging sector toward value-driven marketing. Players in the extended text labels market have been resorting a mix bag strategies to meet the consumer demands on one hand and explore new consumer propositions. Also called
Self-heating Food Packaging Market 2030 | HeatGen, LLC., Heat Food & Drink Ltd, …
Global Self-heating Food Packaging Market: Overview Food and beverage sector has observed substantial growth due to changing consumer preferences, trends, and niche interests. In the last few years, trends in food packaging sector have observed considerable change due to increasing appetite of consumer for convenient, ready-to-eat, and slightly processed food items. Food packaging helps in bettering the shelf life of mildly processed food items and it enhances quality. Change in modern-day
Moisture Barrier Bags Market 2030 | Twin Rivers Paper Company LLC & Billerudkors …
Moisture Barrier Bags Market: Outline The growing popularity of effective packaging solutions has brought many new packaging types to the forefront. A proper packaging mechanism is essential for any product to maintain its safety and quality. On the basis of all these aspects, different packaging types are gaining immense popularity among many industries. Moisture barrier bags are one of them. These bags are popular among a large number of end-users due
MDO Films Market 2030 | Klöckner Pentaplast Group, Avery Dennison Corporation, …
Global MDO Films Market: Overview One of the key issues plaguing the manufacturers of packaging solutions is to find ways to reduce cost of packaging. Some do it through use of methods like downgauging, elimination of secondary conversion process, and replacement of less desirable materials. Profits can be maximized if this can be done effectively through regulation of cost incurred on different steps of processing and on the type of materials

All 5 Releases


More Releases for Treatments

Current developments in Neurodegenerative Treatments
The central nervous system is a fundamental part of the human body's response system, creating a massive range of reactions, targets, and in turn, diseases. With increasing average life expectancy, this wide range of disorders (from Alzheimer’s, to Parkinson’s, MS, dementia and depression), is becoming increasingly widespread in the population creating an ever greater need for new treatments and therapies. Clinical trials are still an important area of discussion, with increasing
PRF PARKINSON’S DISEASE: TREATMENTS OF THE FUTURE
SIXTH ANNUAL PRF PARKINSON’S DISEASE CONFERENCE Tampa Westshore Marriott Tampa, Florida Monday, March 26, 2012 Program chair, Dr. Juan Sanchez-Ramos The Parkinson Research Foundation will be presenting a conference to provide Parkinson’s disease patients and caregivers in Southwest Florida with an opportunity to learn about the latest drugs and treatments for Parkinson’s disease that will enhance their lives. A secondary objective is to provide a forum for patients and caregivers to share their
A Study for Hemorrhoid Treatments ranks HemTab
Hemorrhoids are one of those medical topics that cause people to involuntarily cringe when mentioned. There’s no way around it: the condition is irritating, often painful, embarrassing and sometimes it can even be dangerous. Pharmaceutical companies spend millions of dollars every year in promoting their name brand remedies, but with in excess of one hundred different ointments and creams being sold every day in drugstores, which in this crowded market
Ayurveda Hospitals,Ayurveda Treatments
Welcome to The Madras Institute of Ayurveda – The centre of Ayurvedic medicine and treatment, where age-old tradition meets modern techniques. Ayurveda, a traditional form of medicine, has been in practice for over five thousand years. It is recognized by WHO as one of the traditional or alternative medicinal systems in existence in the world. We are provided for all types of treatments and therapies including Panchakarma treatment,
Baby Eczema: Symptoms and Treatments.
A skin disease named as eczema is very harmful to the people of any age groups. It becomes more difficult for the parents to handle if the eczema has affected a child. Generally, this skin disease occurs in the early childhood in the form dry and red skin. This is known as baby eczema that comes with severe itching. Baby eczema affects those children who have very low level of
MyBeautySecrets.co.uk Supply Innovative Hair Removal Treatments
Kempston, United Kingdom (19 November 2010) – MyBeautySecrets.co.uk, a leading UK online supplier of natural beauty products, are currently supplying the innovative Gone ‘FACE’ treatment for surplus hair through their website. Many people suffer with superfluous hair on their face and body, and this can be an extremely embarrassing issue that can ruin a person’s self esteem and physical confidence. Online beauty product supplier MyBeautySecrets.co.uk is supplying the new anti-hair formula